Once you gather your paperwork and understand the basics, the process of filing your taxes for the first time is less ...

The IRS allows you to calculate your tax bill using one of two tax accounting methods. The more common of the two methods for individual taxpayers is the cash method. However, most businesses prepare ...

Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, ...

Accounting offers a variety of specializations, including tax accounting, financial accounting, and managerial accounting. Tax accounting requires strong research skills and the ability to keep up ...

Certified public accountants may become harder to find for tax preparation services as a number of CPAs are retiring and fewer young people are entering the profession. Even though April 15 is fast ...

Corporate leaders are demanding more and more from their tax and accounting partners. Is your firm on top of the latest Internal Revenue Service guidance on Paycheck Protection Program loan ...

Generic solutions and generic support just don’t cut it when tax deadlines and IRS compliance are on the line. Especially ...

Ever found yourself staring at a pile of financial paperwork, wondering whether you need a financial advisor, an accountant, or maybe both? You’re not alone. These two professions often get confused, ...

Not all forms of accounting are the same. Some focus on costs, others on audits and some focus on taxes. While having a solid handle on your business’s finances is essential, how you track business ...

Hedge documentation is important in both financial reporting and income taxation.For financial accounting purposes, on the date of the hedge, an entity must identify the hedged item, the instrument ...

The IRS audited 0.9 percent of the 187 million tax returns filed for 2009. March 25, 2011 — -- Kenneth Martin, a utility worker near Columbia, S.C., hired a Liberty Tax Service franchisee to file ...