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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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2023 Year-End Tax Planning Strategies for Businesses

Cherry Bekaert

There are several key tax considerations and tactical approaches for businesses to address while closing out 2023 and moving into 2024. From leveraging tax incentives to optimizing deductions, this guide offers insights into tax planning to help businesses make informed decisions and set a solid foundation for the upcoming year.

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Top Remote Accountants of the Week | May 23, 2024

Going Concern

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

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Top Remote Accountants of the Week | May 16, 2024

Going Concern

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

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How Tax Automation and Advisory Solutions Can Transform a Firm

CPA Practice

Unfortunately, tax professionals and their clients did not see the same benefits. Artificial intelligence will have an even more profound impact on the profession than the first wave of automation, and this time, tax professionals will be the biggest winners. These issues are often exacerbated during the busy season.

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Embracing the GenAI wave: Key insights for tax and accounting professionals

ThomsonReuters

While adoption isn’t yet fully widespread, more than half of the professionals surveyed in the 2024 Generative AI in Professional Services Report believe that they should use GenAI in their daily work — and they’re already planning for the specialized tools that will create this reality. Tax research and compliance.

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First-Quarter “Safe-Harbor” Quarterly IRS Estimated Tax Payments: Why and How to Make Them

Nancy McClelland, LLC

For years, we have stressed the importance to our clients of making quarterly estimated tax payments. And unlike many tax preparers, we also do bookkeeping, accounting, and consulting for our small business owners — so we’ve also encouraged them to have us do a quarter-by-quarter calculation of how much to pay.