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Standard Mileage Rates Increased for 2018

Beginning on January 1, 2018, the standard mileage rates used to calculate deductible costs of operating a vehicle have increased. These rates apply to cars, vans, pickups and panel trucks.

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Standard Mileage Rate 2018 IRS
Standard Mileage Rate 2018 IRS


Paying Taxes on Cryptocurrency Such as Bitcoin, Ethereum, Litecoin, Ripple

With the explosion in popularity of cryptocurrency (i.e. Bitcoin, Ethereum, Litecoin, Ripple, etc.) in 2017, you are sure to have clients who have invested in it and (likely) profited off it as well. But as tax season approaches, do you know how to file taxes on behalf of those clients and their cryptocurrency (also known […]

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Cryptocurrency Bitcoin Blog Tax Taxes
Cryptocurrency Bitcoin Blog Tax Taxes


Resources to Help You Understand the New Tax Bill

With the passing of the GOP tax bill, tax year 2018 is going to look and feel a little different for the tax preparation industry. In fact, you may already be feeling anxious about the changes but that’s understandable. We’ll be here with you as the situation unfolds, so that we can help you understand what […]

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Tax Bill and Reform
Tax Bill and Reform


7 Facts From the IRS Criminal Investigation Annual Report

Last week, the IRS announced the release of the Criminal Investigation Division’s (CI) annual report, reflecting significant accomplishments & criminal enforcement actions taken in fiscal year 2017. This public report serves as a reminder to use strict security protocol within your tax practice and to adhere to the latest laws as a professional tax preparer.

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IRS Criminal Investigation Report Blog
IRS Criminal Investigation Report Blog


5 Things to Know About the Incoming Tax Law

With the passing of the GOP tax bill, formally known as the Tax Cuts and Jobs Act, here are 5 important things to know about changes coming your way as a professional tax preparer.

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gop tax law bill extenders
gop tax law bill extenders


Testimonial: Taxaroo and TaxAct Professional Customer

Customer quote on the use of TaxAct Professional and Taxaroo: “Without a doubt, partnering with Taxaroo strengthens the leverage TaxAct’s platform has over competitors in terms of user-friendliness, efficiency in work flow, cloud-based technology, and cost effectiveness. With this partnership, I don’t need to look anywhere else. Between the two platforms, I have all that […]

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tax practice management
tax practice management