Tax Mistakes to Avoid in Retirement
CPAs are often experts in the finer points of tax law – however, when it comes to retirement planning, there is sometimes a gap in how a tax plan should integrate a lifelong investment plan. All those years of diligent saving can be quickly undone not by choosing the wrong assets but rather by not […]
Important 2023 Tax Deadlines for CPAs
Mark your calendars: the deadline to file your 2023 tax return is April 18th. But don’t forget about other critical tax deadlines throughout the year, such as the due date for estimated tax payments and various tax-related forms. Stay ahead of the game and avoid any penalties by keeping track of these important dates. January […]
Tax Season and CPA Mental Health
The most taxing season for CPAs is among us, and it’s no laughing matter. Tax season is a highly stressful time for CPAs, who face tremendous pressure to handle large workloads with strict deadlines while attempting to outcompete their counterparts. This stress can lead to burnout and even anxiety and depression, the two most common and […]
Tax Tips CPAs Need to Know Now
As a Certified Public Accountant (CPA), staying current on the latest tax laws and regulations is essential to provide the best service for your clients. However, the stressors of tax season can cause even the most diligent CPA to neglect their own accounting practices at the expense of their future golden years. Here are some […]
The Tax Implications of Secure 2.0 for CPAs
On December 29, 2022, President Biden signed the Securing a Strong Retirement Act, also known as SECURE 2.0, into law. This legislation brings about various changes to the retirement landscape. This article focuses on the tax implications for both individuals and employers, many of which significantly affect Certified Public Accountants professionally and personally. New RMD […]
