A 1031 exchange is a tax strategy that allows real estate investors to defer capital gains taxes on the sale of an investment property, provided the proceeds are reinvested into another like-kind property. Read more on its key advantages, how it can be valuable for estate planning, and its power to create a tax-efficient legacy for the next generation.
Both enrolled agents and certified public accountants are qualified tax professionals. How one achieves and maintains these credentials can differ from state to state. One of the most important distinctions is what qualifies as “continuing education” to maintain one’s status as an enrolled agent vs CPA.
“We’ve just tripled our workforce overseas” is a statement we have heard quite a few times over the past few years. The immediate challenge is providing an offshore accounting staff training program that gets this rapid influx of internationally based employees on the same page with the accounting firm’s personnel in the United States.
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