The NSA magazine for "Main Street" Tax and Accounting Progessionals
The IRS is Coming: How to Prepare for the New IRS Partnership Audit Regime (Part II)
Part II of The IRS is Coming: How to Prepare for the New IRS Partnership Audit Regime, we consider the Treasury Department’s (“Treasury”) proposed (now- withdrawn) regulations, and what to expect from the new administration regarding the BBA regime.
Taxing the Gig Economy, Part 3: The Unintended Consequences of Being a Small Business
Some gig economy workers may not realize that they are now small-business owners – or that they are now a primary target for IRS audits and notices.
Peer Review Changes - a Reviewer's Perspective
Developments in the peer review process came into effect as of January 1, 2017.
The Complete, Yet Simple, Marketing Plan For Solo Tax Practitioners
Being a solo tax practitioner is one of the most challenging ways to operate any business. As the business owner, you are responsible for all legal compliance matters related to running a business.
How to Fire a Client
Severing the relationship between you and your client is even more difficult when you like the client. Nine times out of 10, unless your client commits a crime, there’s really no reason why you should fire a client, right?
Why Real Estate Inside the Closely Held C Corporation Should Generally Be Avoided
We will assume a closely held C corporation that ran a profitable family business is winding down. The two family members that co-own the corporation plan to discontinue the business rather than sell it as a continuing enterprise.