IRS Solutions Blog

Tracking down transcripts, collecting documents, answering client questions and requesting signatures can feel like you’re wading through quicksand. These tedious tasks can easily take hours and cut deeply into your profits. But guess what—they don’t have to! The secret lies in establishing simple,...

The Calm Before the Storm In 2019, the estimated tax gap (amount of uncollected taxes) totaled over $554 billion. IRS Commissioner Chuck Rettig estimates that that number has since increased to $1 trillion dollars—yes—that’s trillion with a “T”.  So, it should come as no surprise that the...

After one of the most horrendous tax seasons ever, a record number of accountants are retiring or just quitting and finding a new career path due to a lack of passion for the job. To add insult to injury, artificial intelligence (AI) continues to create competition that threatens to put tax pros...

Just because the Internal Revenue Service hasn’t contacted some of your clients who made erroneous claims for refunds or credits doesn’t mean they won’t be in touch in the future. If those folks think they are safe because they flew under the radar, you may want to remind them they could still be...