Recent changes to the Earned Income Credit have created new earning opportunities for tax professionals.
“Legitimize Your Hustle” is the new message of the Schedule C Queen, Teowonna Clifton, of Simply Taxes of South Carolina, LLC, as she establishes her independent tax preparation business in the Columbia local market. She wants to focus on helping employees and entrepreneurs legitimize their side hustles. Join us in this episode of Tax Pro Nation as we listen to her stories and challenges as she grows her tax business through the Elevation Step and beyond.
CECL standards mandate the use of historical, current and anticipated information to forecast expected losses over the life of a loan.
Leading marketing consultant and business success coach Chauncey Hutter, Jr., calls into the show to share his valuable insights into marketing and salesmanship from his extensive career. As as an owner with 27,000 tax-return clients and coach with 3,700 tax business owner clients, Chauncey holds nothing back about the current landscape of the tax industry and where all the opportunities are. He has actually never seen more opportunity than now to capitalize on the giant shift under way.
Learn when and how certain insurance benefits can be taxed so that you can set your client’s budget accordingly and not be surprised by any extra taxes during tax season.