MyIRSRelief

MARCH 29, 2024

In the bustling city of Whittier, California, businesses face a myriad of tax-related challenges that can significantly impact their operations and financial health. From business tax preparation to dealing with unpaid back taxes and navigating complex audits, the tax landscape can be daunting.

California 130

California tax services business tax Tax 130

RogerRossmeisl

SEPTEMBER 4, 2023

Although using AI for criminal purposes is a clear-cut abuse of the technology, it’s possible for well-intentioned businesses to violate the Federal Trade Commission (FTC) Act. The post Protecting Your Business While Using AI appeared first on Roger Rossmeisl, CPA. Here’s how to reduce the risk of violations.

CPA 238

CPA Technology 238

TaxConnex

FEBRUARY 6, 2024

Sales tax is not something top of mind for most executives, but it is something that the majority of businesses will have to manage at some level. No matter the size of your business, if you are selling a taxable product or service and establish nexus in specific states or jurisdictions, then you have a sales tax obligation.

Sales 214

Sales Tax Technology auditor 214

RogerRossmeisl

APRIL 17, 2024

Here’s how a fairness opinion from an independent business valuator can help protect against post-deal legal claims. When preparing a fairness opinion, The post Using Business Valuation Pros for Fairness Opinions appeared first on Roger Rossmeisl, CPA.

Legal 120

Legal CPA 120

RogerRossmeisl

JUNE 19, 2023

In adversarial situations — such as divorces, contract breaches and shareholder disputes — you might need to hire an outside business valuator to evaluate complex financial matters. The post Business Valuation Pros Can Wear Two Hats appeared first on Roger Rossmeisl, CPA.

CPA 217

CPA 217

RogerRossmeisl

APRIL 17, 2024

Many businesses support their communities by donating to local charities. Branding tricks Fraud perpetrators employ many tried-and-tested approaches to trick businesses into donating to fake charities. Branding tricks Fraud perpetrators employ many tried-and-tested approaches to trick businesses into donating to fake charities.

Non-Profits 100

Non-Profits CPA 100

RogerRossmeisl

OCTOBER 29, 2023

But if you’re a business owner, tax issues can complicate matters even more. Your business ownership interest is one of your biggest personal assets and in many cases, your marital property will include all or part of it. If you’re getting a divorce, you know the process is generally filled with stress. For example, let’s say.

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Tax CPA cpa firm business tax 227

RogerRossmeisl

MARCH 5, 2024

Business valuators sometimes consider major events that happen after the valuation date. For example, what if a business is subsequently sold, files for bankruptcy, discovers new technological advances, or experiences a major fraud loss, data breach or natural catastrophe? But there are several exceptions. Commissioner (101 T.C.

CPA 165

CPA Tax Technology 165

RogerRossmeisl

OCTOBER 29, 2023

Unfortunately, money launderers often use innocent small businesses to clean their dirty money. In some cases, businesses might be pressured to participate in money laundering. How can you keep your business safe from these criminal activities? 3 stages Money laundering generally involves three stages: Placement.

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CPA Account accountant accounted 232

RogerRossmeisl

NOVEMBER 8, 2023

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2023. Note: Certain tax-filing and tax-payment deadlines may be postponed for taxpayers who reside in or have businesses in federally declared disaster areas.

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Tax CPA business tax 250

CPA Practice

APRIL 23, 2024

(TNS) Family businesses are gearing up for growth. family businesses are anticipating at least 10 percent growth this year, according to newly released data from Family Enterprise USA, a nonprofit and advocacy group that promotes family businesses. Still, it seems family businesses are setting their sights on future gains.

payroll 111

payroll Tax 111

SkagitCountyTaxServices

FEBRUARY 1, 2024

As part of last year’s Inflation Reduction Act (IRA), the IRS has rolled out new online business accounts for business owners. Similar to the existing individual accounts, these accounts are intended to provide businesses with more visibility and ease of communication with the IRS. And should you get one?

business accounting 79

business accounting Account accountant accounted 79

Accounting Today

APRIL 22, 2024

Experts say that busy entrepreneurs often miss incentives and advantages available to them. Financial advisors and tax professionals can give them a nudge.

Tax 115

Tax 115

AccountingDepartment

APRIL 22, 2024

In a dynamic industry where change is the only constant, good cash flow management stands as one of the most critical factors for the success of e-commerce businesses. Navigating the online retail waters is often turbulent, with fast-paced transactions and a myriad of financial nuances that demand efficiency and foresight.

E-commerce 75

E-commerce Retail Account accountant 75

Patriot Software

FEBRUARY 6, 2024

As a small business owner, one of the first decisions you make is deciding between the different types of business structures. But, choosing between business structures can be intimidating and confusing. Before you decide what business structure type to use for your small business, understand your options.

Account 96

Account accountant accounted 96

CPA Practice

APRIL 1, 2024

By Dr. Sangeeta Chhabra Here’s a sobering stat for accountants and business owners alike: 74% of data breaches occur due to human errors, encompassing mistakes, privilege misuse, stolen credentials, or social engineering. Outstanding data security stands as a fundamental pillar of any successful business—undoubtedly so, your firm included.

Education 122

Education Legal quickbooks audit 122

Accounting Today

FEBRUARY 21, 2024

While property and unemployment insurance taxes are universal in every state, many of the best states for doing business do not have corporate, sales or individual income taxes.

income tax 134

income tax Tax Sales 134

Accounting Today

FEBRUARY 27, 2024

Here are five key security tips to protect your firm this busy season. What can firms do to minimize the risk of being the victim of a cyberattack?

tax preparation 112

tax preparation Technology Tax 112

CPA Practice

JULY 6, 2023

Coinciding with Xero Day 2023 – the day of Xero’s founding 17 years ago – Xero , the global small business platform, today announced a new global small business fund with more than NZ $750,000 (apx. US $460,000) in funding, to support the future aspirations of small businesses globally.

Non-Profits 97

Non-Profits Transportation Technology 97

Xero

FEBRUARY 1, 2024

Over the last 12 months, we’ve surveyed over 4,500 small business owners across the globe to find out how they’re managing cash flow amidst macroeconomic conditions such as high inflation and interest rates. Not being able to be paid will clearly have a flow-on impact on the personal finances of small business owners.

accounting and finance 106

accounting and finance bookkeeping Finance Account 106

CPA Practice

FEBRUARY 19, 2024

Most small businesses are feeling optimistic about growth in 2024 and their ability to expand over the next 12 months. Our survey of small business sentiment and cash flow data paints a deeper picture of the sentiment and overall health of small businesses today,” said Cory Kampfer, Co-President of Small Business Lending at OnDeck.

Kansas 114

Kansas Gaming Finance 114

CPA Practice

NOVEMBER 20, 2023

TNS) The new business tax account from the IRS , unveiled in late October, is expected to expand next year with a slate of new features that should make tax time a little smoother for entrepreneurs. That will be welcome, given that the business account is currently available only to solopreneurs, and it’s not particularly useful.

tax accountant 124

tax accountant business tax Tax Account 124

Xero

AUGUST 22, 2023

Today marks day one of Xerocon Sydney and I’m so excited to share more details on a global initiative called the Xero Beautiful Business Fund. The initiative offers more than NZ$750,000 in funding globally for winning Xero customers who are eager to take the next step in various aspects of their business.

Non-Profits 93

Non-Profits Transportation Technology Account 93

Xero

JANUARY 23, 2024

Xero provided a Briefing to Incoming Ministers (BIM) (Hon Nicola Willis, Hon Judith Collins, Hon Melissa Lee, Hon Andrew Bayly, and Hon David Seymour) in late 2023 which was focused on the challenges our small businesses face and the crucial role the government can play in driving solutions.

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Government Finance Technology 68

CPA Practice

DECEMBER 19, 2023

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. A delay allows business owners to specify a future effective date on their registration forms, granting them control over when their company officially becomes a legal entity.

Rhode Island 116

Rhode Island West Virginia South Dakota North Dakota 116

Cherry Bekaert

FEBRUARY 1, 2024

Our “Year of Efficiency” podcast series recently featured four key areas in which technology company CEOs and CFOs should focus on in the continual quest for improved business processes and substantial growth. By uncovering these growth strategies, we can help ease these concerns while propelling a technology business to new heights.

Technology 115

Technology accounting and finance Finance Account 115

Summit CPA

DECEMBER 1, 2023

Building a business that has longevity is a process that requires patience, diligence, and dedication. More specifically, establishing a company that is an enjoyable place to work, profitable, and sustainable will put you, as a business owner, in a position to achieve your long-term goals.

CPA 98

CPA Account accountant accounted 98

CPA Practice

OCTOBER 2, 2023

Small businesses (SMBs) are a busy bunch. These technologies can help small businesses work more efficiently, drive more sales, and improve the ways they are marketing themselves – without making it more of a headache or a time suck. With insights from nearly 500 small businesses across the U.S., By Dave Charest.

Technology 131

Technology Sales bookkeeping Account 131

Xero

APRIL 23, 2024

The latest Xero Small Business Insights (XSBI) data is a good reminder about the important contribution your small business makes to your local community, particularly around job opportunities. This suggests there is a renewed confidence among small business owners about hiring new staff. y/y in the December quarter.

Hospitality 72

Hospitality bookkeeping Healthcare payroll 72

CPA Practice

OCTOBER 25, 2023

20 that it has launched new business tax accounts , with the initial version geared toward sole proprietors. Over time, companies will be able to check their tax payment history, make payments, view notices, authorize powers of attorney, and conduct other business with the IRS.

tax accountant 111

tax accountant business tax Tax Account 111