Practice Management

S corporation is the tax savings option for businesses. Here are the Form 2553 instructions you need to file and migrate to this classification.

Years back, many accounting firm owners deemed technology too expensive, complex, or unnecessary. But that’s no longer the case in today’s rapidly evolving digital world.…

Both client relationship management (CRM) and accounting project management software seek to establish order and save time by organizing client and work information in one…

It is important for accountants to know of form 8821 and how to file it. Here are the step-by-step form 8821 instructions to help you.

Complying with international tax reporting requirements, like filing Form 5472, ensures foreign entities are operating within the legal parameters set by the IRS. We cover…

Running a company can be a struggle, especially for small business owners. Between managing projects, handling finances, and sourcing for clients, there’s a lot to…

As an accountant or bookkeeper, your ultimate career destination is likely a Chief Financial Officer (CFO). Here’s a guide on how to become a CFO.

Many accounting firm owners find it hard to balance bookkeeping and CAS. The solution is outsourced bookkeeping. Learn about its benefits, costs, and how to…

IRS Form 8918, known as the Material Advisor Disclosure Statement, is a form material advisors file to disclose their participation in reportable transactions. Here's all…

Demystify IRS Form 8855: Understand its purpose, eligibility, and step-by-step filing instructions. Simplify estate planning and tax management with expert guidance.