American Institute of Certified Tax Planners

Baby shower for Aunnah and Victoria! Both are having baby girls, due Nov. 3 and Nov. 5! How about that!?! We say farewell to Aunnah who will moving back east next year with her family to Virginia. We send our love with Aunnah, her daughter, husband and new baby girl on their new adventures. Victoria will be out on maternity leave starting next week. We are so excited for her and her husband to welcome their first child, and wish them well. Lots of change! Lots of love. Best to everyone! ❤

Assessors are supposed to weigh a wide range of factors from the age and physical condition of the property to local rental rates and market conditions. However, key details can fall through the cracks, and this is where you have an opportunity to argue for a lower valuation on behalf of your client and increase their tax savings. To plan your property tax appeal, you will need to become familiar with the different valuation methods that are available. Read more...

Working with property owners can be a lucrative investment—both for your client and for you as a tax professional. To ensure that their income-producing property isn’t losing a huge chunk of its income to taxes, property owners need the support of someone who knows where the tax savings opportunities lie. By helping your clients to build a tax strategy, you can reduce their property taxes, not only when the next bill arrives but also throughout the years to come. One way to do so is to help your client appeal their tax assessment.

With the advent of DIY tax services and AI putting downward pressure on pricing, along with an aging demographic within the industry, the tax and accounting industry has been evolving much quicker than in the past. Adoption of Client Advisory Services is gaining popularity, driven by many of these factors. These changes are reshaping how accounting work is done, which presents both challenges and new opportunities for firms willing to adopt CAS.

📈 Looking for ways to add Client Advisory Services to change and grow your tax practice? Become a Certified Tax Planner! 📈 "CTC was eye-opening in teaching me to take back my life and have a personal life and not just live for the job. It's invaluable as far as the educational resources, the support of fellow CTC members..." The American Institute of Certified Tax Planners has a supportive membership and certification program to get you the expertise to offer proactive tax planning, like the Fortune 100 companies use, to benefit YOUR clients. Join this mentoring organization to help you take the steps you need to change your business and your life! https://lnkd.in/dvJDihi5

The idea that an income exclusion can end up hurting someone is counter-intuitive, but it is a real thing. The argument in favor of the no tax on tips proposal seems pretty weak. There are two proposed bills to amend the Internal Revenue Code to make tips more or less tax free. There is the "No Tax on Tips Act," the Senate bill introduced by Ted Cruz (R-Texas) and the "Tax Free Tips Act of 2024," the House bill by Thomas Massie (R-Ky) and Matt Gaetz (R-Fla.) But the proposed legislation does little or nothing for or actually harms low-paid servers. For more details, read on...

Well, Monday the 3rd Quarter Estimated Tax Payments are due...

📈 Looking for ways to add Client Advisory Services to change and grow your tax practice? Become a Certified Tax Planner! 📈 "When I co-founded KB Tax Advisor CPAs with my sister, I just didn't want another ordinary accounting firm. We wanted a firm that empowers business owners with smarter tax and business decisions that help them grow and succeed." "The American Institute of Certified Tax Planners is like a game changer. It's a group of like-hearted, like-minded people where we are trained to be an elite tax professional, and not just how to find the tax strategies, but how to effectively implement and put it into action." "Personally, the CTC designation sets the benchmark for excellence. I feel pride when I represent myself as a CTC in front of other accounts as well as in front of my clients." https://lnkd.in/g_48aUg2

Sharing this awesome video made by Nadia! 📷 by @nadia.cpa: Excited to announce that I’ve officially become a Certified Tax Coach with the American Institute of Certified Tax Planners! 🎉📊 This certification allows me to offer even more value to my clients through advanced tax planning strategies that can help them achieve their financial goals. Excited to put these skills to work, helping clients and share my knowledge!