Remove financial statements Remove tax preparation Remove white paper
article thumbnail

How Mike Habib, EA Collaborates with CPAs and Lawyers for Tax Representation Referrals

MyIRSRelief

Collaborating with Mike offers: Enhanced Services for Clients: Tax audits, levies, and other compliance issues can be time-consuming and require specialized expertise. Stronger Client Trust: Partnering with a proven tax resolution expert reflects positively on the referring professional, boosting client confidence.

cpas 130
article thumbnail

Spotlighting Women in Advisory Practice: “Create a culture where everyone is happy,” says Alicia Shaul, CPA firm entrepreneur

ThomsonReuters

The value of offering bundled service packages By being able to meet quarterly with her staff, clients were given better visibility into their business year and potential tax liabilities throughout the year, avoiding the big surprise every March. Clients loved this approach, Shaul says.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How do you audit crypto? It starts with understanding how to report on it.  

ThomsonReuters

This update provides guidance for financial statement reporting, effective for fiscal years beginning after December 15, 2024, requiring crypto assets to be measured at fair value, with changes recognized in net income each reporting period. Reporting can be easily imported into your tax preparation software.

audit 52
article thumbnail

How will AI affect accounting jobs?

ThomsonReuters

AI is often instrumental in helping to identify errors and improve the overall accuracy of financial statements and reports, while streamlining and standardizing workflows. While accounting software and tax preparation programs increasingly include elements of AI, accounting remains largely a human process.