Corvee

We're #hiring a new Account Executive in San Francisco Bay Area. Apply today or share this post with your network.

We're #hiring a new Account Manager in San Francisco Bay Area. Apply today or share this post with your network.

Anyone who attends a Corvee demo before June 24th is eligible to win a 12-month Corvee Experienced software subscription for unlimited firm users! Also—anyone who attends a Corvee demo before June 24th will automatically receive two free gifts that transform firms, no strings attached: Gift 1: Access to our tax advisory services education based sales decks.  This was built for firms to highlight the value of advisory services to clients. Gift 2: Access to our custom-made tax firm pricing calculator. This will help you understand how to price tax advisory services and how to charge based on the value you bring to clients. So, book your demo of Corvee today and claim your firm transformation gifts… You might just be the one lucky individual who will win an entire year of Corvee tax planning software!  

Event announcement! Firm owners are invited to a special workshop later this summer in San Francisco—see all the details at https://lnkd.in/ePq4vVpb

Sign up for a free Corvee demo this week and you could win a 12-month subscription! Question of the week: What if your client rents their personal residence to their business for more than 14 days? Let's break down the implications: The income they receive from renting their personal residence to their business will be considered rental income and must be reported on their tax return. They can deduct certain expenses that are directly related to the rental use of the property. These deductible expenses may include mortgage interest, property taxes, insurance, utilities, repairs, and maintenance that are attributable to the rental portion of the residence. If they personally use the property for more than 14 days or more than 10% of the total days it is rented at a fair rental value (whichever is greater), they must allocate the expenses between personal use and rental use. Only the portion attributable to the rental use is deductible. Their business can deduct the portion of the rent paid for the use of the property as a business expense. However, the business deductions cannot exceed the fair rental value for the time their business used the property. If the rental period is less than 15 days in a taxable year, the income derived from the rental use is not included in their gross income, and they cannot claim any rental-related deductions. This special rule applies only if the rental is for less than 15 days, and it can be beneficial if the fair rental value for such short-term rental is high. We wanted to remind you that your tax firm can use Corvee to tax plan with the Augusta rule along with 1,500 other tax strategies! ✅ Calculate projected savings and present professional plans that justify premium fees ✅ Deliver immense value to your clients and boost your firm's revenue ✅ Generate beautiful multi-entity, multi-year tax plans in seconds Don't wait until the next tax season sneaks up on you. Again, sign up for a free demo this week and potentially win a 12-month subscription!

Did you know that high net worth clients can benefit from various tax planning strategies, such as investing in oil and gas companies? This strategy offers benefits similar to real estate investments, including accelerated depreciation for well drilling costs. Investors can directly invest in private oil and gas drilling operations, becoming general partners and assuming direct liability for drilling, exploration, and production costs. This liability grants them a "working interest" in the oil and gas production, allowing them to use losses to offset income and potentially offset qualified business income deductions under IRS Section 199A. To be eligible for the benefits, taxpayers must invest in a direct working interest in a well located in the United States, assume unlimited liability, and ensure that drilling starts within 90 days after the close of the tax year. Documenting the investment, including purchase agreements, receipts, income or loss records, well locations, and proof of drilling commencement, is essential for substantiating the oil and gas strategy. Corvee tax planning software can help you quickly calculate savings for clients across more than 1,500 tax strategies, including oil and gas investments!

Sign up for a demo of Corvee Tax Planning software this weekend and you'll be entered to win a free ticket to AICPA next month in Vegas! #accountingfirms

Is your firm leaving money on the table by not offering strategic tax planning services? With the right tools, you can easily assess and implement tax positions that can save your clients thousands while earning substantial fees. Imagine being able to charge up to $9,800 for a tax plan tailored to your client's unique situation. From simplified employee pensions to 1031 exchange and depreciation tactics, the opportunities are vast. Is your firm taking advantage of these opportunities? Corvee tax planning software empowers you to identify and apply the most advantageous tax strategies for each client, streamlining the process while ensuring accuracy. With over 1,500 tax strategies, we have you covered. Don't settle for basic tax preparation when you can elevate your services, drive higher profits, and deliver exceptional value to your clients. Take a free demo today and unlock a world of premium tax planning opportunities for your firm.

As we approach another pivotal election season, one thing is certain: change could be coming because when it comes to tax laws, even minor adjustments can have major implications for your clients' financial well-being. This is precisely why proactive tax planning is more critical than ever – and firms that can provide this valuable service will be in high demand. Are you prepared to safeguard your clients' interests while tapping into a lucrative revenue stream? With Corvee Tax Planning Software, you can seamlessly transition from basic compliance work to comprehensive tax advisory services tailored to each client's unique situation. Our cutting-edge technology empowers you to: ⭐ Analyze potential impacts of tax law changes across multiple entities and future years. ⭐ Identify optimal tax-saving strategies from a library of over 1,500 options. ⭐ Calculate projected savings and present professional plans that justify premium fees up to $9,800 or more. Don't let your clients overpay due to outdated tax strategies. And don't let your firm miss out on the chance to stake your claim as a trusted tax advisor in uncertain times. As an election looms and tax regulations hang in the balance, now is the time to equip your firm with the tools to thrive. Discover how Corvee can revolutionize your tax planning capabilities before the next wave of changes hits.

For years, accounting firms have been stuck in the grind of tax compliance, leaving lucrative advisory opportunities on the table. But this year, forward-thinking firms have been breaking out of that mold by adding tax planning to their service offerings – and they're doing it with ease, thanks to Corvee. Imagine being able to provide every single client you work on with comprehensive tax plans tailored to their unique situations. With Corvee's innovative software, you can: ✅ Identify tax-saving opportunities from over 1,500 proven strategies. ✅ Calculate potential savings in minutes ✅ Present professional, detailed tax plans that justify premium fees Gone are the days of settling for basic compliance work and meager fees. With Corvee, you can elevate your firm's services, build client loyalty, and unlock a lucrative revenue stream – all without sacrificing efficiency even during the busy season. Don't let another tax season pass you by without saving your clients money on taxes. Take the first step towards transforming your firm into a trusted tax advisory partner. We’ll give you a no-pressure, free demo to show you how it works!