CPA Practice

JANUARY 29, 2024

The Internal Revenue Service opened the 2024 tax season on January 29, 2024, accepting and processing federal individual tax returns, and announcing that it expects more than 146 million individual tax returns for 2023 to be filed this filing season. The Where’s My Refund? Where’s My Refund?” tool on IRS.gov.

tax return 116

tax return Tax income tax tax preparation 116

ThomsonReuters

FEBRUARY 1, 2021

If these loans are not repaid within a certain amount of time, the Federal Unemployment Tax Act (FUTA) tax rate credit that most employers enjoy begins to be reduced. FUTA tax credit. The FUTA tax rate is currently 6.0% tax jurisdiction with an outstanding federal unemployment loan balance. FUTA credit reduction.

Hawaii 89

Hawaii Nevada California New Jersey 89

Shay CPA

MARCH 6, 2024

It’s the R&D credit that the IRS will let you apply toward payroll taxes. Reducing your payroll tax liability The IRS has long offered a tax credit for increasing research activities. But we have an R&D tax credit overview blog to help you get a good feel for how this potentially significant tax credit works.

payroll tax 52

payroll tax payroll Tax tax return 52

Anders CPA

NOVEMBER 29, 2022

per sale, which will be paid by the customer While the fee directly impacts customers, retailers are responsible for collecting and remitting the fee Affected businesses will need to register for a Retail Delivery Fee account on the Colorado Revenue Online system. As of July 1, 2022, Colorado is now collecting a retail delivery fee of $0.27

Retail 52

Retail Colorado tax return Tax 52

KROST

MARCH 9, 2022

KROST CPAs and Consultants reported a record year of M&A advisory work in 2021 and expects to remain equally busy in 2022. “We KROST provides M&A expertise in valuation, deal negotiation, structuring, and financing, plus advice on the tax, accounting, and wealth management consequences of a transaction. “We

Entertainment 52

Entertainment cpas tax accountant Healthcare 52

Cherry Bekaert

JANUARY 17, 2023

On this episode of the Private Client Services podcast, Greg Kellar , Tax Senior Manager, and TJ Wilson , Partner and Leader of the Firm’s Gastonia tax practice, walk through the necessary steps when starting a new business. Stay Connected Starting a new business can be daunting.

Tax 70

Tax tax planning tax accountant Account 70

Withum

MARCH 22, 2023

Withum’s Healthcare Services Team discuss the 2023 Healthcare Industry Tax Updates. List and categorize potential Clean Energy Refundable Tax Credits and other opportunities for healthcare organizations as a result of the Inflation Reduction Act of 2022.

Healthcare 52

Healthcare Tax Hospitality CPA 52

ThomsonReuters

DECEMBER 19, 2023

Jump to: What are green taxes? How are environmental taxes calculated? Current ESG tax credits and initiatives What are the benefits of an ESG tax strategy? Accountants play a critical role in helping their clients navigate ESG tax credits and green taxes. What are green taxes?

Tax 52

Tax Account accountant accounted 52

CPA Practice

MAY 17, 2023

The property tax life cycle is a complex beast, and taming it can be both frustrating and time-consuming. Did you know that businesses typically spend an average of 132 hours per week on various personal property tax compliance tasks ? These 12 states generate property tax revenue from real estate taxes instead.

South Dakota 105

South Dakota North Dakota Real Estate Washington 105

KROST

JANUARY 19, 2022

Los Angeles, January 19, 2022 – KROST CPAs and Consultants reported a record year of M&A advisory work in 2021 and expects to remain equally busy in 2022. “We The post Press Release – KROST Posts Record Year of M&A Advisory in 2021, Expects Trend to Continue in 2022 appeared first on KROST.

Entertainment 52

Entertainment cpas tax accountant Healthcare 52

CPA Practice

JUNE 21, 2023

Join SafeSend, as they share the journey of solving pain points experienced on the front-end of the tax process and define a new way to get your firm and clients tax ready! Shirley Chen is a Digital Transformation Practitioner who specializes in leading changes in the tax & accounting industry. Click here to log in.

Tax 80

Tax Technology Indiana Michigan 80

CPA Practice

AUGUST 15, 2023

Jared Ballew, 2022-23 Chair of the ETAAC and Vice President of Government and Industry Relations at Taxwell; and Ann Campbell, CPA CIA and Drake Software Trainer will share an overview of the cyber threats that taxpayers and tax professionals face daily. Program level: Basic (no prerequisites required).

Tax 52

Tax North Carolina Indiana CPA 52

Shay CPA

OCTOBER 18, 2023

The landscape for small businesses and startups is constantly evolving, especially when it comes to taxes. One area ripe for taking advantage of is the Research and Development (R&D) Tax Credit. Recent changes in tax laws have made this opportunity even more enticing. What’s New? How Does This Benefit Startups?

payroll tax 52

payroll tax Tax income tax tax return 52

CPA Practice

APRIL 24, 2024

A new bill recently introduced by lawmakers in both the House of Representatives and the Senate would improve the IRS’s math error procedures—a power used by the agency to quickly adjust a taxpayer’s federal income tax return if it contains a simple mistake or clerical error. You owe money on your taxes as a result of these changes.

tax return 111

tax return Tax income tax cpas 111

Shay CPA

MAY 3, 2023

As you wrapped up the 2022 books for your startup, you probably did some high-level financial review and analysis. It’s the R&D credit that the IRS will let you apply toward payroll taxes. Reducing your payroll tax liability The IRS has long offered a tax credit for increasing research activities.

payroll tax 52

payroll tax payroll Tax tax return 52

xendoo

JANUARY 6, 2022

A crucial component of being a small business owner is meeting certain tax requirements in order to remain compliant in the eyes of the IRS. That is why the Xendoo team has created this guide to help business owners stay on top of their tax requirements, remain compliant throughout the year, and effortlessly maximize their return!

Tax 59

Tax bookkeeping income tax business tax 59

Going Concern

APRIL 11, 2022

We are officially one week away until our tax pro friends complete the long, arduous first leg of busy season. Let’s take a look at how things have been going for the Internet’s most vexed tax accountants in the last 48 hours or so: #taxseason observations: 1. How do I pay my taxes? Tax season bingo card.

Tax 52

Tax CPA payroll tax payroll 52

Shay CPA

FEBRUARY 28, 2024

Don’t shoot the messenger: it’s time to do your taxes. Plus, getting things in order before you go to your accountant can streamline the process, helping you avoid extra expenses like troubleshooting services from your bookkeeper or rush-order billable hours with your CPA. Very few founders enjoy doing their taxes. for 2024.

Tax 52

Tax CPA bookkeeping tax preparation 52

Withum

JANUARY 8, 2024

Based on the interim definition, governmental contract research facilities were required to capitalize their contract R&E expenditures, generate taxable income, and make required federal cash tax payments. However, no audit protection will be provided for Section 174 R&E expenditures that were ignored in the 2022 taxable year.

tax return 78

tax return audit Tax income tax 78

Withum

MAY 19, 2023

The bill, which has been making its way through the New Jersey legislature since May 12, 2022, states, “For cannabis licensees, New Jersey gross income under subsections b. ” This section is intended to apply to all cannabis licensees in the State of New Jersey who are subject to corporate income tax.

New Jersey 64

New Jersey Tax Legal Washington 64

CPA Practice

MARCH 22, 2024

By Brian Gordon, Raleigh News & Observer (TNS) With offices overlooking right field of Durham Bulls Athletic Park, the tax compliance software provider Avalara intends to add 100 workers to its downtown location in Durham, NC, by the end of the year. We want to scoop up the talent leaving other companies that are in decline.”

North Carolina 59

North Carolina E-commerce Technology Tax 59

CPA Practice

JANUARY 27, 2023

Increasing the age of when RMDs must begin benefits savers who don’t need the money for current living expenses, as it prolongs their investment timeframe, pushes out the income tax deferral on their account balances, and allows a longer window to consider and complete Roth IRA conversions. reduces this tax to 25% in 2023.

Illinois 119

Illinois CPA Non-Profits cpas 119

Withum

MARCH 17, 2022

Most tax accountants would not be described as “hip” and many struggle to be considered “tech savvy”. Countless persons are looking for help and are shocked when they learn of their potential tax bills. This article was originally published by Lynn Mucenski Keck in Forbes on February 22, 2022. Let’s be honest. Contact Us.

Gaming 124

Gaming tax accountant tax services Tax 124

Accounting Insight

SEPTEMBER 23, 2022

Trust in tax systems is at its highest when taxpayers perceive low levels of corruption and diversion of funds. Taxpayers’ attitudes about paying taxes correlate closely with perceived levels of corruption, according to a major new study, Public Trust in Tax, by accountancy bodies ACCA and the International Federation of Accountants (IFAC).

Tax 52

Tax Government tax accountant Account 52

CPA Practice

JANUARY 17, 2023

Massachusetts: The Massachusetts Society of CPAs (MASSCPAs) wants members to prioritize their health this tax season. Tennessee: The Tennessee Society of CPAs (TSCPA) recently released its Updated Fiscal Year 2021 Tennessee Tax Credit Report which provides a detailed list of all credits claimed for tax periods July 1, 2020 to June 30, 2021.

CPA 124

CPA Pennsylvania Tennessee Nevada 124

Withum

JUNE 24, 2022

One unfortunate side effect of the ERC explosion has been the proliferation of tax credit companies offering dubious advice in exchange for outsize fees. The memos are so generic that they would not even qualify as tax advice that clients can rely on to assert a reasonable cause defense to penalties.

Tax 126

Tax audit tax return tax services 126

xendoo

APRIL 8, 2022

Many small business owners miss out on tax savings simply because they aren’t aware of what tax deductions are available. As professional accountants, we know all the small business tax deductions that can save you money, and we’re sharing them in this tax deductions checklist. . What is a tax deduction?

business tax 97

business tax Tax Education tax preparation 97

Cherry Bekaert

JANUARY 18, 2024

This was to address instances where taxpayers may have been required to amend a tax return that was filed before or shortly after Notice 2023-63 was issued. 2023-24 annual list of automatic accounting method changes. Automatic accounting method changes filed for the 2022 tax year under Rev. Specifically, Rev.

tax return 89

tax return Tax Account accountant 89

Going Concern

DECEMBER 9, 2022

In its 2023 salary guide , Hays provides salary ranges for accounting and finance jobs in nine states, plus the District of Columbia. For this article, we selected four positions in audit and four in tax. Tax managers and tax directors in California are expected to see pay increases of 56.2% Tax accountant.

accountant salary 108

accountant salary public accounting Colorado Georgia 108

Going Concern

SEPTEMBER 16, 2022

per sq ft tax write-off? If you listen closely, you can hear it: The IRS Section 179D tax deduction is suddenly generating a lot of buzz. But the recent passage of the Inflation Reduction Act of 2022 (which is totally about reducing inflation and nothing else) changed the game, increasing the maximum deduction from $1.88

Tax 52

Tax Government cpas Construction 52

ThomsonReuters

MARCH 22, 2021

Keeping Up with Taxes. The legislation levied a direct tax on the American Colonies in an effort to pay off debts and defend new American territories won from the French in the Seven Years’ War. So, why the brief history lesson on American Colony taxes? For payroll, in particular, there are a number of taxes.

payroll 52

payroll Tax Arkansas Texas 52

CPA Practice

DECEMBER 12, 2023

Top 200 accounting firm REDW Advisors and CPAs added Salem, OR-based tax and accounting firm Grove, Mueller & Swank P.C. Prior to this expansion into Oregon, our established office in Phoenix grew to more than 100 team members through a similar acquisition in 2022,” REDW Managing Principal Steve Cogan said in a statement.

Oregon 52

Oregon Oklahoma cpas accounting firms 52

Going Concern

NOVEMBER 10, 2022

Of the 27 industry jobs we analyzed, 23 have pay that, on average, will likely be higher next year than what LHH predicted for 2022. Of the 27 industry jobs we analyzed, 23 have pay that, on average, will likely be higher next year than what LHH predicted for 2022. Tax accountant. Senior tax accountant.

accountant salary 52

accountant salary Account accountant accounted 52

inDinero Tax Tips

MARCH 17, 2023

It’s due to the IRS on a quarterly basis and is part of your responsibility to withhold and remit payroll taxes. You can file for free through the mail, online for a fee through an IRS approved software provider, or have it done for you by a tax services provider. Pay above this amount is not subject to social security tax.

payroll tax 52

payroll tax payroll Agriculture Tax 52

inDinero Tax Tips

MARCH 17, 2023

It’s due to the IRS on a quarterly basis and is part of your responsibility to withhold and remit payroll taxes. You can file for free through the mail, online for a fee through an IRS approved software provider, or have it done for you by a tax services provider. Pay above this amount is not subject to social security tax.

payroll tax 52

payroll tax payroll Agriculture Tax 52

Withum

OCTOBER 11, 2023

The Internal Revenue Service (“IRS”) released Notice 2023-63 , on September 8, 2023, providing guidance surrounding the requirement to capitalize Section 174 research and experimental (“R&E”) expenditures for the 2022 taxable year.While many tax accountants and business professionals welcome the additional guidance, the timing was not ideal.

income tax 80

income tax Tax accounting standards accounting and finance 80

Shay CPA

NOVEMBER 14, 2023

The state of New York offers some serious tax perks for tech startups operating within its borders. Specifically, if you can get certified as a qualified emerging tech company (QETC), you and your investors can claim some meaningful credits to lower your tax liability. And that could mean some notable tax savings. in 2021.

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New York Technology corporation tax Delaware 52