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Archive for Kat Jennings

How Heroin Is Impacting The Tax And Finance Community Today: How You Can Help Change The Course Of A Life

CRISIS - Heroin And The Tax And Finance Profession

It is a subject few wish to discuss openly. How drugs are affecting the tax and finance community. There are many very hard working tax and finance professionals with family members with addiction issues, I want to speak out for them today. In full disclosure, drug addiction affected one of my family members so I have a very up close and personal view of having an addict in the family.  The goal of this post is to help save lives of anyone you know who is afflicted with addiction.

First if all, you can be in the tax profession or any profession and be the best parent, brother, sister, aunt, uncle, boss, colleague of an individual with drug addiction. Drugs can affect anyone, anywhere, anytime. In fact, if you ask around it is easy to learn about someone you know who has been affected by heroin or someone you know who knows someone who has died from a heroin overdose.  It does not matter what state you reside or the size of the village or city you live in, what is your profession; the heroin epidemic has penetrated every community.

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Register For 4 Complimentary Tax Provision Training Courses

4 Complimentary Tax Provision Webinars

A few times each year we are fortunate to have internationally recognized tax expert Nick Frank teach corporate tax teams about the tax provision. Recently, we asked Nick what happened as a result of Tax Reform and the corporate tax provision. What he shared with me privately was what the auditors were saying about the corporate tax provision. I know his knowledge will be of great interest to you and your tax team.

If you are responsible for the tax provision, you will benefit from attending these COMPLIMENTARY SESSIONS. 

Debrief On Tax Reform And The Tax Provision –  March 8th 2019

ASC 740 Be Ready For Q1 – What You Need To Know – March 22nd  2019

ASC The Basics: Perms, temps, NOLs And Credits –  April 5th 2019

ASC 740 Intermediate Topics: Stock Compensation, States And Uncertain Benefits – April 19th 2019

Written By Kat Jennings, TaxConnections CEO

 

 

Worldwide Tax Revenue Authorities Contact Information: TaxConnections Complimentary Resource Guide

Kat Jennings - Worldwide Tax Revenue

As part of the many resources available through TaxConnections, we have created a list of 250+ Global Tax Authority Country Representatives contact information including names, emails and revenue authority sites. This valuable research is ideal for tax professionals who want to save time locating global tax revenue authorities contact information.

Make a request to receive a complimentary pdf copy at this link:

https://www.taxconnections.com/global-tax-authority-country-representatives .

TaxConnections Members  can view the monthly updates in their Virtual Tax Office Resource Library that is provided with each tax professional subscription membership.

 

 

Complimentary Tax Blogger Series: 14 Smart Blog Secrets Any Tax Professional Can Master To Acquire New Clients

Kat Jennings- Complimentary Tax Blogger Series

TaxConnections is approached by many writers who want to post their articles on our site in order to receive distribution of their content to our global readers. We post content written by TaxConnections Members in order to drive new clients and business opportunities to them. We know for a fact that our bloggers gain higher visibility in the market for their tax expertise and the attention of a steady stream of prospective opportunities. We cannot impress upon you enough the value of your written ideas.

Your tax blog posts provide readers an opportunity to get to know you through your writing. What you are doing is engaging the public with you and your ideas and tax expertise. As many people search for tax help this time of the year, you have an opportunity to reach an audience truly interested in your tax expertise. Our tax bloggers are attracting new clients, opportunities and fans.

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Tax Professionals Wanted:  Positioning For Virtual Tax Jobs

Kat Jennings - Become A TaxConections Member

Two years ago, we were contacted by a company who wanted to hire 3000 tax professionals on a seasonal basis. The company was challenged to find tax talent and so they came to us. What is important to understand is that they needed to find a better way to hire a remote online tax workforce, so they came to us for one. There are a lot of changes occurring in the tax marketplace right now. How do you get noticed by companies who are searching for your tax expertise? How do you access the growing trend in the virtual or remote tax workforce? It is all about positioning yourself in a way that makes it easy to find you and your tax expertise online. Even if you are not searching for a tax job you need to work smart and position your tax expertise online today.

Most tax professionals are hidden behind pay walls or multiple click barriers and are not easily found. How do I know these barriers exist? As a highly trained tax executive search expert, I know the obstacles and challenges more intimately than most anyone out there since I live and breathe tax professional search. What I see now are payment barriers set up all over the internet that prevent others from ever connecting with you in the first place. You are blocked by barriers and most of you are simply unaware of these obstacles to your success. Your name and reputation may be at the back pages of search engines (never to be discovered) or the front pages of sites who now request a payment upgrade before anyone can connect with you. These barriers are costing you dearly many tax opportunities and clients.

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Global Tax Revenue Authorities – Free Gift From TaxConnections

Kat Jennings - Tax Revenue Authorities Free Gift

As part of the many resources available through TaxConnections, we have created a list of 250+ Global Tax Authorities Country Representatives contact information including names, emails and revenue authority sites. This valuable resource is ideal for tax professionals who want access to save time locating global tax revenue authority contact information.

We developed a resource of 250 identifying tax revenue authorities in more than 150 countries.

Make a request to receive a complimentary pdf copy at this link:

https://www.taxconnections.com/global-tax-authority-country-representatives .

TaxConnections Members  can view the monthly updates in their virtual tax offices.

 

 

4 Easy Steps To Establish A Virtual Tax Office

Kat Jennings - Virtual Office

1st Step – Secure Virtual Office Address

TaxConnections developed the first virtual office technology for tax professionals members. It is a virtual office address in the cloud that frees you from a physical office space. A virtual office enables others to find and connect with you no matter how many address changes you make throughout your personal or professional life. A virtual cloud office enables business connections to keep track of you professionally over a long period of time. A reliable address during the course of your professional career results in increased business opportunities for you.

As an internationally recognized expert in search for tax professionals, I can assure you there are many obstacles that prevent a steady stream of new business reaching you today. Your biggest obstacle is when sites expect people to pay to find and connect with you online. More than 85% of potential business opportunities never make it to you when people are asked to pay to see your contact information. These prospective business opportunities make their way to tax professionals who have established themselves with a virtual office. A virtual office opens the flow of business opportunities to your professional career.

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Global Tax Revenue Authorities Contact Information: TaxConnections Complimentary Guide

Kat Jennings - Guide To Global Country Tax Revenue Authorities

As part of the many resources available through TaxConnections, we have created a list of 250+ Global Tax Authorities Country Representatives contact information including names, emails and revenue authority sites. This valuable resource is ideal for tax professionals who want access to save time locating global tax revenue authority contact information.

We developed a resource of 250 identifying tax revenue authorities in more than 150 countries.

Make a request to receive a complimentary pdf copy at this link:

https://www.taxconnections.com/global-tax-authority-country-representatives .

TaxConnections Members  can view the monthly updates in their virtual tax offices.

 

 

Determine Your Future In The Tax Profession – Go Virtual

Kat Jennings - Get Virtual

While attending a private by invitation only event last evening with a group of technology experts, I was stunned by the fast pace technology is moving. People simply do not realize it and standing idly by is not the answer. TaxConnections platform is for tax professionals who are taking the steps now to be the leaders in the profession. Leading today has a lot to do with being informed and taking action in new technology. The most important steps you take today will ensure you get noticed by the people and organizations searching for your tax expertise. You must pay to get listed on a site that people are searching for your tax expertise.  If you position your tax reputation on sites that ask people to pay to find and connect with you, you will be passed over by the vast majority of people. Remember the old days had a phone directory listing? Today all you need to do is get listed as a TaxConnections Member to ensure people will find and connect with you easily.

The second step you should take is to start the steps to set up a virtual phone for you and your business. Look into what you get with a virtual phone today and I certain many of you will be shocked how you reduce your business overhead each month as you can now eliminate many services you are paying for through other vendors. The longer you wait to acquire a virtual phone, the more money you will spend wasting it all these other technologies you likely do not  need to pay for now. Check out a virtual phone today!

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A Must Read For Every Tax Professional And Taxpayer: The Internal Revenue Service Strategic Plan FY 2018-2022

Kat Jennings - A Must Read For Every Taxpayer

For anyone who has not yet read the Internal Revenue Service Strategic Plan FY 2018-2022, this is a must read for every tax professional and taxpayer this year. While the IRS Strategic Plan opens with the Taxpayer Bill of Rights, it also reminds you that the Tax Cuts And Jobs Act is the most significant revision of the U.S. Tax Code in more than 30 years.

The report states that the new law will require extensive administrative work – updates to 140 computer systems and 450+ tax forms – for the IRS in calendar years 2018 and 2019. The report also states “providing service to taxpayers is a vital part of the IRS mission, and helping taxpayers voluntarily comply with the law strengthens our tax system.”

The IRS Has Six Strategic Goals

  1. Empower and enable all taxpayers to meet their tax obligations.
  2. Protect the integrity of the tax system encouraging compliance through administrating and enforcing the tax code.
  3. Collaborate with external partners proactively to improve tax administration.
  4. Cultivate a well-equipped, diverse, flexible and engaged workforce.
  5. Advance data access, usability and analytics to inform decision-making and improve operational outcomes.
  6. Drive increased agility, efficiency, effectiveness and security in IRS operations.

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Why Taxpayers Need Tax Experts More Than Ever This Year

Kat Jennings -Why Taxpayers Need Tax Experts More Than Ever

Although I know little about football, the opportunity to learn from professional athletes is important. Jerry Kramer, former professional American football player, author and sports commentator says ”When the game is over, it is really just beginning”. This is how we should look at the the IRS Individual Tax Return 1040 Form. It received a lot of attention yesterday. Apparently, the IRS has everything it needs to file simple individual tax returns. Although the IRS is on a big push to automate everything and increase it’s access to private data of the U.S. taxpayer through machines, there is something important missing here.

Astute tax professionals know all this software does not include every tax deductions available to taxpayers. The fact that tax software may not include code for all available tax deductions for taxpayers is a quick and easy windfall for the government. Tax software does not help the taxpayer if it does not include all the available tax deductions. However, it does help the government. Taxpayers need tax experts more than ever this year given all the changes in the tax code. I would be shocked if all the new changes in the tax rules have been coded into the tax software you are now using.

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3 Significant Ways To Motivate Your Tax Team This Year

Kat Jennings - 3 Ways To Motivate Tax Teams

A leader’s ability to manage and motivate a team will have significant influence over their morale and motivation. How you lead and guide your team is vitally important to them. Think about this…when a person smiles at you and is very welcoming towards you, it makes your day. As a leader of your organization, you have the power each day to make your people start their day feeling welcome and happy to be at work with a smile. You have the ability to empower them and get them charged up for the day, ready to be their most productive under your management direction. This post discusses three things you can do starting today to gain more productivity from your team.

Greet those you manage daily with a smile and let them know you are there. If you are too busy to talk to your team, send them a positive message of motivational inspiration. If you want motivational quotes, here is an eBook of 250 Motivational Inspiration we developed for you. It takes just a few minutes to select an inspirational quote to forward on to your team each day. These quotes are a great reminder of how some the biggest leaders in the world think or thought in many cases. In my own experience managing teams, people have told me these passages always seemed to arrive at the right time and it helped them throughout their professional and personal lives. These messages do have an impact on people’s lives and thoughts.  Remind people each day that there are many reasons to be positive as you are adding pearls of wisdom to their lives.

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