Blog – Page 20

The Importance Of Self-Reflection

It’s natural for us to want to be the best at what we do. We get so caught up in building our future, though, that most of the time, we forget to take a moment and evaluate ourselves. As the 2019 tax season begins, think about how the last one went. Did you meet your …
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2019 Legislative Session // FB Live Recap

First, you may or may not know about the shut down going on in the government. The Internal Revenue Service released notification that despite the government shut down, the IRS confirmed that they will start processing tax returns beginning January 28, 2019, and will begin providing refunds to taxpayers as scheduled. Hopefully, they’ll get started, …
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Google Applications // FB Live Recap

2019 marks our 60th anniversary! To start the year, we are going to be concluding our seminar season with the Tax Season Kick-Off Event on January 17th, at 5:00 pm at our Columbia office. Come relax and network with your fellow members! This will be a great opportunity to talk with them and to learn …
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#TechTips: Don’t Worry, There’s an App For That!

By Jonathan Rivlin It’s been said that when your only tool is a hammer, every problem looks like a nail. For decades we shoehorned our clients into whatever accounting system (usually QuickBooks desktop) we had. Our clients are like little snowflakes; each uniquely different and equally complex. Yet somehow we expected to fit these oddly …
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Social Security Administration Online Access // FB Live Recap

One update we had to mention is Franchot announced the BPW approval of a $160 million contract to replace the state tax processing system. Some of the areas covered: adjusting fraud prevention, increase ability of taxpayers to match their account via an online self-service application, best practice for security standards, audit collection reporting and estimating …
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#TechTips: Accountable Plans get “-iffied”

By Jonathan Rivlin Have you ever worked up a client’s QB file (the modern equivalent to the “bag of receipts”) and prepared their Schedule C and 1040 only for the client to suddenly remember all the other business expenses that they paid out of pocket? Nothing like seeing the tax due line to jog a …
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Federal and Local Legislative Update // Facebook Live Recap

Covering all the legislative matters coming up in January here in Maryland and items happening on the hill in Washington before the end of the year keeps us on our toes. A lot has been going on in both necks of the woods. Let’s talk about Federal legislation first. Sales Tax Update The landscape has …
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Protect Your Finances and Prepare This Holiday Season // Facebook Live Recap

As we move into the new year and through the holiday season, we need to keep a couple of items in the forefront of our business minds. Scamming increases during this time, so take precautions to prevent becoming a victim. If you have an FSA (Flexible Spending Account), figuring out if you have a balance …
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The Good. The Bad. The Client Feedback.

Guest post by Kait LeDonne For any of you who have sat on a call with a customer service rep, you’ve probably had at least one experience where a pleasant automated voice asks you to remain on the line after for a few questions about the company’s quality of service. While I typically never stay …
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#TechTips: Your General Ledger’s Best Friend: Hubdoc

By Jonathan Rivlin In our continuing series on apps, we’re now going to turn our attention to document management. Have you ever had the joyful experience of asking your clients for bank and credit card statements? Let’s be brutally honest here: it’s been my experience that such requests often cover multiple years. For clients with …
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