Tax Season Aftermath

Roger and Annie discuss important tax updates that occurred during the busy tax season, including new IRS guidance on Employee Retention Credits and the current status of Beneficial Ownership Information reporting requirements. They explore the significant staffing challenges and leadership turnover at the IRS, with insights from Roger's recent visit to Washington DC. The hosts then shift focus to post-tax season priorities for practitioners, offering advice on evaluating software, optimizing client relationships, and implementing strategies to improve profitability and efficiency for the next filing season.

Sponsors
Padgett -  Contact Padgett or Email Jeff Phillips

• (00:00) - Welcome Back to Federal Tax Updates
• (01:46) - Post-Tax Season Reflections
• (03:02) - Employee Retention Credit Updates
• (12:04) - Beneficial Ownership Information Reporting
• (18:43) - Current Legislative Landscape in DC
• (25:22) - IRS Staffing and Morale Issues
• (31:25) - Challenges Facing the IRS
• (37:15) - Post-Tax Season Business Strategies
• (41:56) - Client Management and Pricing Strategies
• (46:59) - Maximizing Client Relationships and Billing Opportunities
• (50:55) - Preparing for the Next Tax Season
• (52:34) - Summer Plans and Final Thoughts

Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.

Connect with the Roger and Annie on LinkedIn
https://www.linkedin.com/in/rogerharrispbs/
https://www.linkedin.com/in/annie-schwab-852418261/

Review
Leave a review on Apple Podcasts or Podchaser

Subscribe
Subscribe to the Federal Tax Updates podcast in your favorite podcast app!

This podcast is a production of the Earmark Media