Remove bookkeeping Remove Sports Remove tax planning Remove tax return
article thumbnail

Los Angeles accountant for small business – Mike Habib, EA

MyIRSRelief

Here are some ways an accountant can help small business owners: Bookkeeping and Accounting Services: An accountant can assist with bookkeeping and accounting tasks, such as recording transactions, reconciling accounts, and producing financial statements. Q: What can an accountant do to help with tax planning and preparation?

Account 130
article thumbnail

9 eCommerce Tax Deductions for 2021

xendoo

In other words, if your home office doubles as a nursery or workout room, you’ll likely be unable to claim it as a deduction on your tax return. If you use the simplified option for claiming tax deductions, the IRS permits you to deduct $5 per square foot of office space. Tax Planning Takes Time and Xendoo Can Help.

Tax 95
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2023 Readers’ Choice Awards – The Readers Have Voted!

CPA Practice

But even basic tax planning can make a big difference in reducing future tax liability. This makes having a reliable tax planning system that can look forward several years a valuable addition to a practice. WINNER: “Who has time to exercise?” Yes (12%) No (88%) ————– How “social” are you?

article thumbnail

The Technology Lab Podcast – Intuit QuickBooks Connect Conference Recap – Dec. 2023

CPA Practice

And there’s also a new product called QuickBooks ledger, which really formats Quickbooks online data for tax returns sync. So it seems like it’s less of a less of a program to encourage bookkeeping than it is a sales program. You also can map the payroll to the chart of accounts with some other things here. Okay, yeah.