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Decisions 2024 – So, What’s Next?

CPA Practice

As business tax season winds down in the US Market, many leading partners have contacted me for strategic technology guidance for 2024 and beyond. Unlike the old days when public practice CPAs rarely spoke to anyone but clients and other team members during tax season, it is evident that CPA firms have become year-round businesses.

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So, What’s Next?

CPA Practice

As business tax season winds down in the US Market, many leading partners have contacted me for strategic technology guidance for 2024 and beyond. Unlike the old days when public practice CPAs rarely spoke to anyone but clients and other team members during tax season, it is evident that CPA firms have become year-round businesses.

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Update on Depreciating Business Assets

RogerRossmeisl

The post Update on Depreciating Business Assets appeared first on Roger Rossmeisl, CPA. . §179 deductions can also be claimed for real estate qualified improvement property (QIP), up to the maximum allowance.

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Tax Preparers Rejoice! Here’s How To Prepare SECURE 2.0 Form 8881 Retirement Tax Credit If You Use Gusto & Guideline

Nancy McClelland, LLC

Photo by coco tafoya on Unsplash As my readers and colleagues know, I’m a huge proponent of leveraging technology to remove the drudgery from our jobs and those of our small business clients. Who do you think they’re going to recommend when a tax client needs accounting and bookkeeping assistance?

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How to Find a Qualified Tax Preparer In Your Geographic Area

Nancy McClelland, LLC

As you might imagine, we get quite a few inquiries for tax preparation services, but a) we only do taxes for our small business accounting & bookkeeping clients, and b) we only work with clients in Illinois, Indiana and Wisconsin.

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What the IRS is Looking for in Corporate Jet Audits

RogerRossmeisl

The post What the IRS is Looking for in Corporate Jet Audits appeared first on Roger Rossmeisl, CPA. According to the IRS, the level of personal usage has an effect on the eligibility for specific company deductions. “Utilizing the company jet for personal travel usually leads to.

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Friday Footnotes: Why People Leave Public Accounting; Audit Workloads Up; Terrorist Clients (Literally) | 12.2.22

Going Concern

Why People Leave Public Accounting [ CPA Journal ]. Writes Edward Mendlowitz, CPA/PFS, ABV: There are many reasons why CPAs decide to leave public accounting firms.