Getting to Know You Tuesday: Bruce Purcell
Meet Bruce Purcell, a former Marine and retired IT engineer who has been preparing tax returns for more than 50 years, from the U.S. to overseas.
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What Taxpayers Need to Know About Tax Prep
With tax season starting, many taxpayers are considering the best ways to file their returns and prepare their tax documents. But with so many methods and room for confusion, what should taxpayers know to keep the process running smoothly? What information should taxpayers know to prepare themselves for this tax season? On today’s episode of…
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Impacts on the Tax Profession in 2022
It comes as no surprise that recent events have had significant effects on the economy and businesses as a result. But with inflation causing soaring prices, many tax practitioners have experienced significant impacts on their professions. What challenges are tax practitioners experiencing in 2022, and how can they successfully navigate the effects on their professions?…
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How Women in Leadership are Shaking up the Tax and Accounting Landscape
According to the Financial and Accounting Women’s Alliance, women make up 50% of all full-time staff at CPA firms but just 27% of partners and principals. Even as more women enter the tax and accounting professions, women in finance remain vastly underrepresented in management and leadership roles. What will it take to buck that trend?…
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What It Means to Be a Dad While Working in Tax
Over the years, I’ve written a lot about being a working mother in the tax profession. But this year, I wanted to hear more from those in the profession about how fatherhood has impacted careers in tax—and vice versa. So I asked. Within hours, I had received dozens of responses—some nearly a page long—from fathers…
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Wrapping Up A Long Tax Season: What We’ve Learned
Tax Day was May 17, 2021, for most individual taxpayers – and what a day it was! It marked the end of a difficult season for taxpayers and tax professionals alike. For more on what we’ve learned, read Five Lessons From What Felt Like The Longest Tax Season Ever (on Bloomberg Tax, outside of the…
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Women in Business, and the Road to the Top of the Tax Profession
Despite the inroads women have made in the tax profession, it’s still a very male-dominated profession, especially at the top. In 2019, only about 20% of all equity partners were female, according to the National Association of Women Lawyers. Thankfully, it’s an issue that is starting to garner more discussion as more people recognize the…
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Justice and the Tax Trial of Martin Luther King, Jr.
Martin Luther King Jr. faced tax evasion charges in Alabama in 1960. His acquittal—and the lawyers who defended him—offer a powerful lesson about justice.
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Top 100 Tax Twitter Accounts to Follow in 2021
If this time last year, you had suggested I would spend most of 2020 away from my office and rely on the tax community on social media to keep me both informed and sane, I likely would have laughed at you. Don’t get me wrong: I have always enjoyed the tax community on Twitter. But…
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As Frustrations With IRS Grow, Tax Pros Reach Out To Congress
#TaxTwitter has been abuzz about a flurry of notices of intent to levy (CP504) sent to taxpayers this week. The notices appear to have been sent out without regard for individual taxpayers circumstances with tax practitioners reporting receipt by taxpayers previously marked as CNC (currently not collectible), taxpayers with pending offers, and taxpayers who have…
