Arvori
Standard Deduction vs Itemized Deductions: How CPAs Decide for Clients in 2025 For the majority of individual tax clients, the 2025 standard deduction wins with
How to Advise Clients on Roth IRA Conversions: A CPA's Step-by-Step Tax Guide A Roth conversion is taxable in the year executed: the converted amount is include
How to File a Business Tax Extension for a Business Client: Form 7004 Step-by-Step Filing Form 7004 grants an automatic 6-month extension to file a business inc
How to Report Cryptocurrency Transactions for Business and Individual Clients Under IRS Notice 2014-21, virtual currency is treated as property for federal tax
Depreciation Recapture: How to Calculate and Explain It to Clients Selling Rental Property Depreciation recapture is a tax on the benefit a client already recei
How to Classify Workers as Employees or Independent Contractors Under IRS Rules Worker misclassification is one of the most expensive payroll errors a business
IRS Circular 230: A CPA's Complete Guide to Practice Ethics and Professional Responsibilities Treasury Department Circular No. 230 — codified at 31 CFR Part 10
How to Identify IRS Audit Triggers and Defend Business Clients Through Examination The IRS audited approximately 0.44% of individual returns in fiscal year 2023
Business Tax Return Deadlines 2025: Filing Calendar for 1120-S, 1065, and 1120 S-Corp and partnership returns are due March 15 — six weeks before the individual
How to Establish Document Retention Requirements for Business Clients Under IRC §6001, every person liable for tax is required to keep books and records suffici