Megan E. Ercolani, CPA LLC

05/22/2026

‼️I will be out of the office Monday 5/25 - Thursday 5/28! ‼️

04/17/2026

Your tax preparer should be keeping up-to-date with ever changing tax laws.

Credentialed preparers (CPAs/EAs) are required to take continuing professional education classes (CPEs) as well as ethics to maintain our licenses.

Unfortunately, my industry is highly unregulated. Not all accountants are the same.

A new "mystery shopper" report from the Center for Taxpayer Rights (CTR) reveals widespread incompetence and misconduct among non-credentialed tax preparers, including return errors related to filing status, tax credits, and business income.

04/13/2026

🚨 T-3 days until the end of the regular filing season!!

This means Q1 2026 fed and state estimates are also DUE on Wednesday, 4/15! 🚨

03/05/2026

Survey Shows Growing Preference for Tax Pros Over AI

A recent survey of U.S. taxpayers shows a decline in willingness to trust artificial intelligence (AI) over human tax professionals for preparing tax returns in 2026. Only about 37 % of respondents said they would consider using AI rather than hiring a tax professional—down from 43 % in 2025—with declines seen across all generations. The findings suggest taxpayers continue to lack confidence in relying on technology alone for accurate tax preparation, and many are still uneasy about managing their own returns without expert guidance.

For tax accountants, this reinforces the value of professional expertise in today’s tax climate. Despite technological advances and increased use of AI tools for drafting or preliminary work, clients clearly place more trust in human judgment and nuanced understanding of complex tax situations. This trend presents an opportunity to emphasize personalized service and the importance of experienced oversight when advising clients, especially those with complicated tax issues or who are anxious about making costly errors

Source: The Tax Advisor

Taxpayers are shifting back toward human tax professionals, with trust in AI for filing slipping across every generation, survey shows.

02/10/2026

Please stop getting your tax advice off TikTok or sending me links to said "advice." There will always be WAY more nuance to tax law than what you are seeing in a 2 minute clip.

Many fraudulent tax schemes have been circulating on social media, promoting misuse of tax credits or deductions that most taxpayers don’t qualify for.

02/04/2026

Jumped on the bandwagon and asked ChatGPT to create a caricature of me based on what it knows about me and my job. Nailed it!

01/12/2026

‼️Q4 2025 fed and state estimated tax payments are due Thursday, 1/15/26!‼️

01/08/2026

‼️ IRS announced today that e-filing opens for individuals on Monday, January 26, 2026! ‼️

*Individual returns include any businesses that are structured as single member LLCs or sole proprietors.*

01/08/2026

An important lesson when hiring a reputable tax preparer with INTEGRITY and who actually follows tax law. Simple reminder -- tax AVOIDANCE is legal; Tax EVASION is ILLEGAL. Any tax preparer willing to do the latter is a red flag. I will never risk my CPA license for anyone.

A recent court decision highlights that the IRS’s unlimited statute of limitations for fraudulent returns can apply even when the taxpayer did not personally intend to evade tax. Under IRC Section 6501(c)(1), the IRS may assess tax at any time if a return is false or fraudulent and involves an intent to evade tax, overriding the normal three-year limit.

In Murrin v. Commissioner, the Third Circuit ruled that the statute does not require the intent to evade tax to belong to the taxpayer. Instead, the limitation period can remain open when a tax return was prepared with fraudulent intent by another party, such as a tax preparer. The court emphasized that the statutory language focuses on the existence of fraudulent intent tied to the return, not on who specifically held that intent.

For tax preparers, the case underscores the long-term consequences of fraudulent return preparation. A preparer’s misconduct can expose clients to IRS assessments decades later, even if the client was unaware of the fraud. The decision reinforces the importance of accurate reporting, proper documentation, and strict adherence to ethical standards to avoid extended IRS exposure for both preparers and taxpayers.

The Third Circuit affirmed the Tax Court’s broad interpretation of “intent” under Sec. 6501(c)(1).

01/07/2026

‼️IRS will begin accepting business returns (1120S, 1065, 1120) on Tuesday, January 13, 2026. No word yet on when e-filing opens for individuals.‼️