September 2026

Staying IRS Compliant: Guidance for Tax Professionals Starting Their Practice

/ Practice Management

Launching a tax firm is exciting, but it also comes with a weighty responsibility: ensuring every return you prepare complies fully with IRS regulations. Compliance isn’t just about avoiding penalties—it’s about protecting your clients, your practice, and your professional reputation. Embedding strong compliance practices from day one sets the stage for a credible and sustainable …

Staying IRS Compliant: Guidance for Tax Professionals Starting Their Practice Read More »

Should A Tax Professional Charge by Form, Complexity, or Time?

/ Practice Management

When you open your own tax practice, one of the first big decisions you’ll face is how to price your services. Clients want clarity, consistency, and fairness. Meanwhile, you need a pricing model that protects your time, reflects your expertise, and keeps your firm profitable. It sounds straightforward, but many preparers quickly learn that choosing …

Should A Tax Professional Charge by Form, Complexity, or Time? Read More »

Form 8867 Explained: What It Really Means for Taxpayers and Tax Preparers

/ Tax Preparation

When you hear “IRS form,” your first thought might be paperwork, deadlines, or penalties. But Form 8867, also called the Paid Preparer’s Due Diligence Checklist, is different. It’s not just about compliance—it’s about protecting both the taxpayer and the tax preparer. Here’s what it really means and why it matters. Understanding Form 8867 Form 8867 …

Form 8867 Explained: What It Really Means for Taxpayers and Tax Preparers Read More »