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Posted on: July 25, 2019 by Huntersure
Every year, tax professionals gear up for a lively financial season that starts in January and carries on through the summer when most people choose to begin making their tax payments. For auditors, the entire year is basically one big tax season, so concerns about legal liability and their responsibilities can virtually be under the […] Read More
Posted on: May 16, 2019 by Huntersure
Fraud is on the rise all across the country and across many industries. From personal tax returns to companies taking advantage of their clients, fraud continues to be a major issue. In New York, there are already efforts to combat fraud in state taxes, meaning the alarm bells for fraud, in general, are already sounding. […] Read More
Posted on: May 9, 2019 by Huntersure
Tax season is in full force and accountants all over are taking care of returns for clients and companies, making sure they get everything checked off to avoid discrepancies. But outside of the annual tax duties that accountants face there are still a number of responsibilities they carry throughout the rest of the year. The […] Read More
Posted on: May 2, 2019 by Huntersure
Accountants have a very important job during tax time, but that doesn’t mean they should slack in their relationship with their clients throughout the rest of the year. It’s important for accounting professionals to keep open communications with their clients through the entire year and know how to prioritize the topics in which they go […] Read More
Posted on: February 21, 2019 by Huntersure
Automation is becoming more and more common in technology and is also making its way into our everyday living. From food services to banking, entertainment to education, automation is helping to streamline services. Another way it’s made its way into our daily lives is our finances, and with tax season now started up, 43 percent […] Read More
Posted on: February 14, 2019 by Huntersure
There are many liabilities that accounting firms face every day and when it’s tax season, those liabilities become even more serious. From errors and omissions to seemingly simple mistakes to a complete system breakdown within the firm, the role of an accounting firm and its accounting professionals that help keep is based on meticulousness and […] Read More
Posted on: February 7, 2019 by Huntersure
Tax season 2019 has officially landed and people and businesses are starting to get their filing done. With systems like Turbo Tax and H&R Block online, tax filing is quicker, easier and cheaper in some cases. But while people are choosing to go the digital route for filing their taxes, CPAs are still handling the […] Read More
Posted on: January 17, 2019 by Huntersure
This blog was originally published on February 19, 2015. It was updated and re-published on January 17, 2019. Accountants handle a lot of sensitive data—be it personal or financial—on any given day. While this paints a picture as to the importance of an accountant’s job, it also brings about the fact of the risks they […] Read More
Posted on: January 10, 2019 by Huntersure
Tax season is just about to get underway and accountants are already preparing for another busy season. While there may be a lot of things to get in order, such as all the relevant files and coordination with clients, there needs to be an emphasis on understanding the liabilities and duties of an accountant to […] Read More
Posted on: January 3, 2019 by Huntersure
For many people, January is an exciting time of year because it represents a fresh start and some new direction. But for CPAs, it represents the oncoming avalanche of work heading their way. Months of looming deadlines and mountains of files, both physical and digital, are already ready to come pouring in, offering busy schedules […] Read More