Is Your CPA Firm Ready for the Busy Tax Season? [Infographic]

Busy tax season is here again, and CPAs worldwide are now on their toes, busy preparing their clients’ tax files. Many CPAs would agree that this tax season would be a little different from the previous ones due to several disruptions caused by COVID-19 and its after-effects.

Stimulus checks, PPC loans, tax law amendments, etc., are some of the primary reasons this tax season is becoming more challenging for CPAs and CPA firms. Hence, they are finding new ways to get things done in a fast manner like virtual tax preparation services.

Let’s get into details and read through the infographic below, as it shares some of the most common tax challenges and tips for CPAs to handle the tax season rush.