Business-Owner Tax Incentives You Might Be Overlooking

Help entrepreneurial clients use government programs to lower tax bills while creating jobs and wealth.

By Blake Christian

As many CPAs know, a wide variety of federal and state tax credits and other incentives are readily available but often overlooked by businesses and their tax advisors.

MORE: Entity Choice in Light of Estate and Gift Tax Rules | 11 Tax Client Questions for Year-Round Billings
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While the vast majority of tax planning efforts are focused on the timing of taxable income and tax-deductible items (temporary or timing differences), there are literally hundreds of federal tax incentives (permanent differences) that encourage taxpayers to invest in certain equipment, hire certain types of employees, operate in certain regions or invest in certain industries. READ MORE →

Alexion.ai Emerges from Stealth with Big-Name Leadership

And a Big Vision for Accounting AI.

Lisa Griffith, Alexion.ai CEO and co-founder
AI Advisors: Clockwise from top right, Boomer, Smith, Casas

By CPA Trendlines Research

Alexion.ai is making its market debut with an ambitious goal: to decentralize, fortify and humanize artificial intelligence in tax and accounting firms by preserving the institutional knowledge firms lose when key people leave.

GET MORE: Ask CPA Trendlines AI

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The company is positioning itself as connective tissue for accounting practices, normalizing unstructured data, reconciling fragmented context and building AI-powered memory infrastructure. The platform, the company says, enables firm-specific agents to operate with trust, traceability and nuance.

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How TaxDome and Juno Just Changed the Tax Tech Game

TaxDome unveils AI-driven workflow to Challenge Aiwyn, Canopy, Karbon.

Workflow warriors: Juno’s Haase, left, and TaxDome’s Radzinsky

 

By CPA Trendlines Research

TaxDome and Juno are launching the accounting industry’s first fully integrated, end-to-end tax workflow solution, an automation-powered platform uniting proposal to payment under a single login.

MORE in TechAiwyn Enters Race for the All-in-One Practice Management PlatformIs Practice Management Having Its Moment?

The rollout lands at a pivotal moment in a fiercely competitive practice management software market, where venture capital, artificial intelligence and consolidation are redrawing the digital map for tax and accounting firms.

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Higher Wages, Fewer Jobs: A New Era for CPA Staffing

AI and India Replace U.S. Staff in CPA Industry Shakeup.

The great restructuring: After the pandemic rebound, hiring gradually slows, finally going negative this year.

By CPA Trendlines Research

The nation’s tax and accounting firms are cutting job rosters even as they’re aggressively raising wages, signifying a structural retrenchment redefining how firms produce and deliver services, according to a new study by CPA Trendlines Research.

MORE Tax and Accounting Wages Hit Record HighsShow Us the Money! Accountants Are Making MoreChris Vanover: Audit, Now with 100% Less Misery | The DisruptorsGen AI in Accounting: Epic Transformation, or Overheated Hype?AI Will Steal Your Job. And That’s a Good Thing | Accounting ARCSteve Evans: Why Traditional Hiring Methods Fail | The Disruptors

U.S. firms are scaling back staff-level roles, favoring automation and offshore operations. Generative AI and cloud platforms now perform tasks once handled by entry-level staff, including reconciliations, bookkeeping, and basic tax prep. Simultaneously, more firms are offloading transactional services to overseas teams, particularly in India, in response to domestic labor shortages and cost containment efforts.

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