#cpa-services

#cpa-services

7 On Your Side and a team of tax experts will answer your questions about changes to the tax law, new deductions, deadlines, and much more.

The person that does get audited does not just get slapped on the hand. You could end up paying penalties and interest in addition to what you owe. In extreme cases, you could also be prosecuted. This tax season, take the time to vet any tax advice you're considering.

Intuit said its investments have generated nearly $90 million in annualized efficiencies in the first half of 2025. At the heart of Intuit's AI endeavors is a data trove from 100 million business and individual customers and a proprietary generative AI operating system used to build and run AI-based apps.

The key to selling underperforming holdings at a loss and using those losses to cancel out capital gains on a dollar-for-dollar basis is to bring one's capital gains level down as close as possible to zero. Additionally, it's possible to use $3,000 of capital losses per year to offset other ordinary income, so there's the potential here with such a strategy to actually lower one's overall tax burden by selling the right securities at the correct time.

High-performing marketing teams connect firm strategy, market demands, client insights and performance data. They help leaders answer hard questions like: Which industries should we double down on? Which services are scaling and which are not? Where is demand coming from, and where are we misaligned? This means marketing leaders need to turn data into clear direction, and teams must see how their work supports the firm's overall growth, not just individual campaigns.

Chances are that you're reading this at work. Or maybe you work from home, and you're reading it on a work-issued computer. Most of us carry our work laptop or phone everywhere (I currently have mine with me on holiday). We answer messages on the couch, check email in line at the grocery store, and occasionally use the same device to sign an agreement, upload a tax form, or grab a boarding pass.

Running a small or medium-sized business is tough enough without getting buried in spreadsheets every month. A lot of us owners and managers end up wearing too many hats, sales, customer stuff, operations, and then accounting piles on top. Those routine financial tasks eat up hours, and honestly, one slip-up can cause big headaches like tax penalties or cash flow surprises.

A new year brings a new tax filing season. With many cash-strapped Americans worried about their finances, many can't wait to file their returns. The sooner you file, the sooner your chances of getting your refund, after all. But just when can you begin submitting your tax return to the Internal Revenue Service (IRS)? That depends. Here's what you need to know about the 2026 tax filing season.

Boards have no process for developing or identifying the next generation of CFOs,

It's that time of year again. Tax season is about to begin, and most Americans need to complete their 2025 filings by Wednesday, April 15. To avoid missing a deadline or paying a penalty, plan to check your local tax dates and income paperwork as soon as possible. Here's everything you need to know about taxes in the new year.

Tax filing season officially begins on Monday, January 26. If you missed the news last year, the IRS has ended its Direct File Service. My home state joined the program in 2025, and while it wasn't the only free option for filing taxes, I can attest it was absolutely the easiest -- especially if your tax situation goes beyond basic W-2 forms. (I was surprised to learn that fewer than 300,000 people used the service last year.)

Days before the 2026 tax filing season begins, the head of the IRS announced a shake-up Tuesday, saying the personnel and operational changes are intended to improve taxpayer service and modernize the agency. The timing of the announcement coincides with a critical moment for the agency, as the IRS prepares to process millions of tax returns while simultaneously implementing major tax law changes under the tax and spending package President Donald Trump signed into law last summer.

Millions nationwide have begun the process of filing their yearly taxes - including many immigrants without a permanent immigration status. But since President Donald Trump's return to the White House, his administration has sought access to IRS data - including taxpayers' addresses - to further its immigration crackdown and locate undocumented immigrants. And last April, ICE and its parent agency, the Department of Homeland Security, secured a data-sharing agreement with the IRS, alarming many taxpayers who use ITINs to file.