Category Archives: Accounting & Tax

What Every Tax Return Preparer Needs to Know about Applying for a PTIN

New regulations require all paid tax return preparers to apply for a Preparer Tax Identification Number — even those who already have one — before preparing any federal tax returns in 2011.

The PTIN requirement is one of the first…

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Universal Accounting – 2011 Financial Predictions

Have you been wondering what 2011 will bring? Do you anticipate an economic collapse like Arthur Laffer has predicted or a recovery or something in between? Read what other analysts expect.

economic-predictionsThis recession seems to have dragged on forever,

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Accounting & Tax – Year-End Moves for Business Owners

1. WAIVE FICA TAXES Hire a worker who has been unemployed for at least 60 days before year end and your business is exempt from paying it’s share of 6.2% social security taxes for the rest of 2010. Plus if…

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Universal Accounting – Increasing Your Promotability Are you interested in

Are you interested in securing your current job while preparing for potential promotions? Read this article and increase your promotability.

promotion2The current economy has made the job market a competitive place.  Whether you have a full or part-time position, you…

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Universal Accounting – Bartering: A Tried and True Method of Exchange

Deflect some of the recession by engaging in trade agreements.

For years my dad, a CPA and paid tax preparer, has done the accounting for a local mechanic.  In return, the same guy will service and fix his car. 

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Universal Accounting – Be Grateful for the Recession?

The recession creates an incredibly opportunity for contract accountants. Small businesses need nothing more than help managing their financials in order to brave this financial storm. Will you be the one to help them?

Thanksgiving is just around the

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Universal Accounting – Working from Home

Working from home can pose some interesting challenges for moms. How do you manage both your practice and your children without having something important fall through the cracks?

Many of our readers are working moms, managing accounting practices while

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Commissioner of Internal Revenue (ISR) Douglas H. Shulman’s Keynote Speech Before the AICPA Fall Tax Meeting

Good afternoon and thank you for that warm welcome and introduction and for inviting me to address AICPA’s Fall Tax Meeting.

With the leaves changing, the days shortening, and children back in school, this is a time of year that…

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IRS Begins Notifying Tax Return Preparers on PTIN Renewals

IRS YouTube Videos
PTIN: Preparer Tax Identification Number: English
Message for Tax Preparers: English | Spanish | ASL

WASHINGTON — The Internal Revenue Service has begun notifying about 1 million tax…

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Universal Accounting – The Correlation between Happiness and Meaning

Do you find your personal and professional lives to be completely satisfying? If not, you need to make a change.

BNet bloggers Marshall and Kelly Goldsmith recently posted a piece entitled “’Employee Fun Day’ Won’t Create Job Satisfaction” in

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