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Tax planning strategies to start the new year with

ThomsonReuters

Jump to: Utilize short-term staffing solutions Incorporate AI and automation into your workflow Become a strategic advisor As accounting firms usher in 2024, it’s important to take a fresh look at the business landscape — both its challenges and its opportunities — to best prepare for the year ahead.

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Top Remote Accountants of the Week | May 23, 2024

Going Concern

The post Top Remote Accountants of the Week | May 23, 2024 appeared first on Going Concern. Our recruiting services are exclusively available for clients and candidates in the United States. About the Author: Liz Branch is the COO of Accountingfly. Don’t hesitate to reach out to liz@accountingfly.com.

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Year-end tax planning strategies: Provide your clients with expert guidance

ThomsonReuters

Jump to: Set engagements and expectations for next year Address economic pressures that are top of mind Advise on tax planning topics As the year comes to a close, most accounting firms are guiding clients through the complexities of year-end tax planning. This goes into effect on January 1, 2024.

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Padgett & Padgett, PLLC CPA’s Tips for 2023 Small Business Tax Planning

SkagitCountyTaxServices

While we’ll probably file an extension for you if you’re in this category and just now looking at your taxes, you’ll want to dial in VERY soon. But also, there’s little more than a month before personal tax returns are due. Hiring family members can save on taxes if you follow IRS income tax thresholds.

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Important Tasks For Your Skagit County Business’s Year-End Payroll

SkagitCountyTaxServices

This is something we specialize in so be sure to get on our calendar to set up your EOY tax planning appointment: app.acuityscheduling.com/schedule.php?owner=19530343 owner=19530343 Making time to look at numbers before January 1 allows us to help you make last-minute adjustments so your tax return works in your favor.

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How are S corporations taxed? Tips for filing and reducing taxes as a pass-through entity

ThomsonReuters

To the IRS, S corporations (S corps) are considered “ pass-through entities ”, which means any deductions, losses, income, credits, and profits pass through directly to shareholders, who report their share of the business’s performance on their own personal tax returns. For 2024, S corp taxes are due on March 15, 2024.

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Top tax season client questions

ThomsonReuters

There are new tax laws and changes that could affect your business’s year-end tax planning, including the SECURE 2.0 Act, which made some major changes to employee and employer retirement plans that take effect in 2023. Tax Planning and Advisory Guide—Health Care Reform—premium tax credit expansion) The SECURE 2.0

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