Finding and retaining quality staff are the top two challenges for today's large accounting firms why is this difficult well for one Millennials are advancing to management positions and expecting their firms to prbetter work/life balance or leaving to one that can they're trying to keep the compliance business intact amid the tax cuts and Jobs Act being passed with the most sweeping tax reform measures seen in more than 30 years and they're contending with DIY 1040 software that's on the rise and seriously starting to erode tax revenue if that wasn't enough business returned tax scams targeting firms were up 120 percent in 2023 with more having reportable data security incidents every year as a tax partner this probably sounds all too familiar so how are firms like yours coping some are trying to solve these challenges by expecting staff to work overtime but employees are less willing to burn themselves out for potential payoff 10 to 15 years from now which means longer hours resulting in higher turnover others are investing in sophisticated tools to compete with DIY products and protect data but getting staff to adopt them sometimes slow especially if the value isn't immediately obvious then there are firms that refrain from making changes altogether in the hopes of reaching buyout or retirement unscathed ultimately this inability to break from status quo makes them less valuable and unattractive for acquisition successful firms equip their people with progressive technology and processes that enable to work smarter not harder and to stay current compliant and more secure using Thomson Reuters ultra taxi s you can ensure that software updates don't occur during inopportune times like peak tax season that take your entire staff offline updates can be automated and streamlined to run behind the scenes in real...
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Ultratax 1099-ltc Form: What You Should Know
There are six ways to request the IRS free tax forms (IRS Form 1099-LTC): Download the IRS Form 1099-LTC (click here) Download the 1099-LTC instructions for a printout (click here) Send the 1099-LTC instructions via U.S. mail (click here) File IRS Form 1099-LTC (click here) Send the 1099-LTC instructions via U.S.
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