The IRS recently announced a renewed focus on non-filers by way of Information Release 2020-34 and Fact Sheet 2020-2. Both were issued on February 19, 2020 and warn of the IRS increasing face-to-face visits with high-income taxpayers who have not filed tax returns in 2018 or previous years. The IRS has hired additional enforcement personnel […]
Displaying: EA
Why Every Tax Preparer Should Earn the Enrolled Agent Credential
The Enrolled Agent credential is often overshadowed by its well-known counterpart: The CPA. In fact, type “EA” in your search engine and you’ll find nothing but articles about video game developers, which isn’t exactly what we’re going for. However, despite it being more cryptic, the Enrolled Agent credential is a great option for any tax […]
7 simple tips for self-care during busy tax season
I know, I know. You have zero time for anything during busy season. You’re spread thin, and are being pulled left, right, and center. But just because you’re spending more time than ever in the office doesn’t mean that you can completely forget to look after yourself before you help others. Here are seven ways […]
Looking for a New Career? Become an Enrolled Agent Today
We know that this year has been tough on a lot of us, and many of us are now facing pretty major life changes — whether that’s working remote, socially distancing, or, for some of us, looking for a career change. Starting down a brand new career path can be scary, we know — especially […]
Our Top Blog Posts of 2019
2019 is coming to an end, and those interested in obtaining credentials have been busy on our blog this year. Here are the top five blog posts being read in 2019. 6 Time Management Tips for Studying for the CMA Exam We know that everyone’s goal for the CMA Exam is to pass it as […]
Press release: Surgent Exam Review adds reporting tool Firm360 to suite of services
Surgent Exam Review, an innovator in the exam prep market, recently introduced Firm360™, a reporting dashboard that helps Human Resources and Learning and Development professionals at accounting firms better coach their staff through the exam review process, leading to higher pass rates and more productive employees. After learning from firm partners and mentors that the […]
Getting Ready for the New World of Peer Review
From those whose firms have recently gone through a peer review as part of the AICPA’s Peer Review Program (PRP), the feedback is consistent. Things have changed. While the underlying requirements of the PRP are the same, a review of a sample of an accounting firm’s engagement workpapers in order to assure compliance with applicable […]
Three Great Reasons to Join a Professional Association
I’m recently returned from a West coast trip—to the IRS Nationwide Tax Forum, to be more precise—where I had the opportunity to meet dozens of tax professionals, and to reconnect with many others who happen to be members of the association I have the privilege to lead. These events are opportunities to broadcast your value […]
Independent Contractor vs. Employee: The Tax Difference
Since the introduction of virtual marketplace companies (VMC’s) like Uber, there has been some confusion about what is means to be an independent contractor vs. an employee. The important distinctions between these two worker classifications can seriously affect a worker’s wages and what taxes are paid by the worker or by the business. Get to […]