by mariettacp | Jun 26, 2023 | Accounting News
Tax practitioners are required by both the AICPA Code of Professional Conduct and Treasury Circular 230, Regulations Governing Practice Before the Internal Revenue Service (31 C.F.R. Part 10), to screen for and address conflicts of interest related to professional...
by mariettacp | Jun 26, 2023 | Accounting News, Tax Tips
Provide clarity and avoid scope creep with a carefully drafted engagement letter This discussion focuses on how and why to use engagement letters and what they should cover. The primary purpose of using a letter to define a professional relationship is to ensure that...
by mariettacp | Aug 22, 2018 | Accounting News
Every week Lorraine Ball of Roundpeg chats with industry leaders and marketing professionals sharing what’s new and what you need to know in the world of marketing. More Than a Few Words is recorded then shared on their website and wherever you listen to...
by mariettacp | Aug 17, 2016 | Accounting News, Bookkeeping, Money Tips, Tax Planning, Tax Preparation
When you pay for clothes in a store or dinner at a restaurant, you might use either a credit card or a debit card. In your mind, they may be the same. But there are differences to be aware of. For example, with a credit card, the money is not immediately withdrawn...
by mariettacp | Jul 22, 2015 | Accounting News, Bookkeeping, Money Tips
If you own a vacation home (some boats and recreational vehicles also qualify) that you also rent out to others, keep track of who uses it during the year to maximize your tax breaks. * Meet the rules and receive tax-free income. If your home is rented for 14 or fewer...
by mariettacp | Jul 17, 2015 | Accounting News, Bookkeeping, Money Tips, Payroll, Tax Planning, Tax Preparation, Tax Tips
The IRS website contains useful information on how to avoid becoming a victim of identity theft, plus steps to take if you do become a victim. Here are the warning signs that you may have had your identity stolen: The IRS notifies you that more than one tax return was...
