Blog Articles Regarding Accounting | Lauzen Accounting

July 2017 Tax Section News

Monthly tax news for July 2017 that includes a Letter from the AICPA Tax Executive Chair, Annette Nellen, the latest on tax reform, an update on […]

Attorney Client Privilege and Use of Kovel Arrangements FAQs

This series of frequently asked questions (FAQs) explains several privileges and protections that are relevant to a CPA who provides tax services, including the concept of […]

June 2017 Tax Section News

Read the latest on the future of tax technology from the Letter from the Director as well as the latest on PTINs and simplified portability election […]

Letter from the AICPA Tax Executive Committee Chair: Embracing Uncertainties - The Reality (and Excitement) of Tax Work

The tax world is constantly plagued with uncertainties. Temporary rules are a standard feature of federal and state tax systems, and create uncertainty as to their […]

Update on Sec. 7345 Passport Legislation

As part of the Fixing America’s Surface Transportation Act, Sec. 7345 authorizes the IRS to notify the State Department of taxpayers who owe a seriously delinquent […]

Making Virtual Meetings a Part of Your Practice

Building a successful tax practice includes nurturing a strong relationship with your clients and the effective management of your staff. The foundation for a strong client […]

Are You Ready for a Tax Appeal by Phone? At Least You Won't Have to Dress Up

When there is a disagreement with an IRS employee (such as a Revenue Agent or Revenue Officer) as to proposed adjustments to a tax return or […]

Partnership Audit and Adjustment Rules

As result of the Bipartisan Budget Act of 2015, Congress enhanced the IRS’s ability to audit large partnerships. The changes are expected to dramatically increase the […]

Hot Topics: Cash Flow Q&A for Start-ups

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Letter from the Director - AICPA Tax Practice & Ethics

The tax profession is changing – how are you preparing? You moved your data to the cloud and mastered Form 8879 digital signatures, but are you […]

Complexities for Clients Who Are U.S. Beneficiaries

Recommendations to help the IRS correctly track U.S. beneficiaries of foreign trust withholding credit. For more information visit: AICPA – Tax

Best Practices for Staff Training

It is a good time to evaluate the options for your staff training since filing season is in the rear window and staff performance evaluations have […]

May 2017 Tax Section News

What You Missed While in Tax Season; Available Now: Tax Section Web Tours For more information visit: AICPA – Tax

Hot Topics: Creating an Employee Handbook

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Tax Education Resources for Students and Teachers

Our tax education resources for students and teachers helps accounting educators For more information visit: AICPA – Tax

Hot Topics: New to Small Business?

Things you should know for your first tax filing. read more For more information visit: PASBA

Staff Performance Evaluations

During the busy seasons, CPA firm staff and supervisors are focused on their clients. For the best employees, the volume of work never distracts from the […]

IRS Hires Private Debt Collection Services: How to Help Your Clients

The recent announcement that the IRS is turning over certain collection cases to third-party debt collectors has sent some shock waves through our profession. This article […]

Issues to Consider When Establishing a Tax Home Overseas

As the world has become a smaller place, more and more businesses have developed international operations. Once established, these foreign-based companies are often staffed by local […]

Partnership Tax Audits: The New Rules

The new partnership audit regime under the Bipartisan Budget Act of 2015, P.L. 114-74 (“BBA”), radically changes the assessment and collection of partnership audit tax adjustments. […]

April 2017 Tax Section News

April 2017 Tax Section News including updates on Tax Reform, IRS collection standards, ITIN service options, providing tax services to marijuana businesses, and advice on client […]