Education as a competitive advantage.

There is something to be said about a tax professional who is on top of the latest tax law changes and strategies. Your clients can sense you know what you are doing. And you spend less time while making fewer mistakes during the busy season.

Choosing your tax update partner is an important decision. While some may look at CPE as a nuisance, the quality of your yearly update will help you service your clients better, improve referral rates and increase billing rates.

ClientWhys provides the most comprehensive coverage of our ever-changing and evolving tax laws, regulations, rulings, filing procedures and troublesome areas, such as the Health Care provisions, debt relief and foreclosure, and the constant line up of new provisions each year.

Welcome

Our Picks

2016 California Tax Return Preparer (CRTP) 20-Hour Bundle

$ 79.95

Brand TaxCPE

More Details →

2016 Enrolled Agent (EA) 24-Hour Bundle

$ 95.95

Brand TaxCPE

More Details →

B216CPE - 2016 The Big Book of Taxes PDF With 24 Hours CPE

$ 129.00

Brand TaxCPE

More Details →

The Tax Professionals Blog

Deducting Local (Within Tax Home) Lodging

IRS regulations permit certain non-away-from-home lodging expenses to be treated as deductible business expenses by the employer and tax-free working condition fringe benefits or accountable-plan reimbursements to the employee. The regulations provide a safe harbor; local lodging expenses are treated as ordinary and necessary business expenses if all these conditions are met (
Reg § 1.162-32(b)):

Read more

Home Office, Bonus Depreciation & Sec 179 Considerations

Where a taxpayer’s Schedule C is negative or close to negative, there are issues that should be considered when claiming the home office, the Sec 179 expense, and the 50% bonus depreciation. Determining which combination produces the best current result while preserving future deductions may require trial and error with combinations in your tax software.

Read more

Home Sale Exclusion – Unforeseen Circumstances

A reduced exclusion applies to any sale or exchange if a taxpayer doesn’t meet the ownership, use or once-every-two-years requirements due to a change in the place of employment, health or (to the extent provided in regs) unforeseen circumstances.  The reduced exclusion applies if any of the following are true:  

Read more