Your post-tax season to-do list
Plus: A look at cybersecurity best practices in accounting.
Is your accounting practice future-proof? Read expert insights on modernizing your practice, leveraging new technologies, and enhancing security in today's edition of The Net Gains.
In Today's Newsletter:
🌱 Post-tax season revitalization
📊 Tax technology efficiencies
🌐 Cybersecurity in tax practice
💻 Key industry updates
Revitalize your tax practice post-tax season
Is your tax practice ready for an upgrade? Industry experts in the Journal of Accountancy share advanced strategies for refining your tax services, focusing on process optimization and the adoption of cutting-edge technologies. These improvements are designed to increase your firm's efficiency and adaptability, keeping you ahead in a dynamically changing financial landscape.
Learn to apply these strategies from the Journal of Accountancy.
🖥 Enhance efficiencies with tax tech insights
Are you keeping pace with the latest in tax technology? Deloitte's feature in The Wall Street Journal outlines how implementing advanced tax technologies can drive significant efficiencies in data management. Discover key strategies from industry experts on integrating these technologies to streamline operations, improve accuracy, and leverage data-driven decision-making in your accounting practices.
Dive deeper into tax tech benefits on the WSJ.
$7.9 Trillion
...the amount the U.S. government's financial condition worsened in 2023, according to the Financial State of the Union. Source: Truth in Accounting
📈 Top 2024 accounting trends shaping finance
⏰ IRS reminds to claim 2020 refunds by May 17
💰 New crypto accounting rules spark firm inquiries
🔑 Accountants key to business global expansion
👀 PwC reforms pass, easing industry apprehensions
Secure your firm against IRS data breaches
Following a significant IRS data breach, Roger Russell's article on Accounting Today underscores the urgent need for tax professionals to fortify their cybersecurity defenses. He outlines key measures for protecting client data and maintaining the integrity of your firm, emphasizing the importance of robust security protocols and compliance adherence. Learn how to safeguard your practice and ensure client trust in the face of data vulnerabilities.
Learn best practices at Accounting Today
The Net Gains is your one-stop shop for fresh, FREE accounting insights. I'm Bianca Prieto, your editor, and I'm excited to build this community with you.
We'll be diving deep into industry updates, from tax strategies to the power of technology. What are your thoughts on today's newsletter? Am I missing something? Did you learn something valuable? Let's shape this newsletter together — email me and let me know!
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