AccountingDepartment

OCTOBER 11, 2020

Would your business benefit by using outsourced accounting services instead of an internal accounting department or a CPA firm? It also helps you manage cash flow, ensure employees get paid on time, and keep up with accounts receivable.

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Account accountant accounted cpa firm 40

RogerRossmeisl

APRIL 10, 2023

Here are four tax advantages. Shifting business earnings You can turn some of your high-taxed income into tax-free or low-taxed income by shifting some business earnings to a child as wages for services performed. The post The Tax Advantages of Hiring Your Child This Summer appeared first on Roger Rossmeisl, CPA.

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Tax payroll tax payroll CPA 222

RogerRossmeisl

AUGUST 4, 2023

Qualified improvement property For qualifying assets placed in service in tax years beginning in 2023, the maximum allowable first-year Section 179 depreciation deduction is $1.16 QIP includes any improvement to an interior portion of a nonresidential building that’s placed in service after the date the building is placed in service.

Real Estate 222

Real Estate CPA Tax business tax 222

Anders CPA

FEBRUARY 13, 2024

An outsourced IT team can provide the same advantages larger companies enjoy, like advanced cybersecurity protection, round-the-clock threat monitoring and incident response management from experienced, specialized professionals. Advantages of IT Outsourcing Outsourcing IT services can offer several advantages for businesses.

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Technology CPA 109

MyIRSRelief

MARCH 29, 2024

This article aims to provide a detailed overview of various business tax services, focusing on the needs of businesses in Whittier, California, and how they can effectively manage their tax obligations. Business Bookkeeping & Accounting Service Effective bookkeeping and accounting are vital for the smooth operation of any business.

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California tax services business tax Tax 130

MyIRSRelief

JANUARY 16, 2023

When it comes to tax season, many people are faced with the decision of whether to prepare their own taxes or use an income tax preparation service. While it may seem like an added expense, there are many benefits to using a professional tax preparation service that make it well worth the cost.

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tax preparation income tax Tax Real Estate 130

RogerRossmeisl

MAY 5, 2023

A qualified rehabilitated building is a depreciable building that has been placed in service before the beginning of the rehabilitation and is used, after rehabilitation, in business or for the production of income (and not held primarily for sale).

Tax 171

Tax CPA Sales business tax 171

Withum

FEBRUARY 20, 2024

Joe Holman , CPA, Principal and Practice Leader of Sustainability and ESG Services Good.Lab helps companies build tailored ESG programs and strategies that align with their sustainability maturity level. The post Withum Enhances ESG & Sustainability Services Offering Through Strategic Alliance With Good.Lab appeared first on Withum.

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CPA audit Government 119

TaxConnex

JUNE 1, 2021

And if it sounds like free money, it can be if your company knows how to take advantage of it in states where you have nexus. States hungry for revenue, during the pandemic, for instance, may remove their discounts, so take advantage now. TaxConnex provides services to become your outsourced sales tax department.

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Sales Tax South Carolina Utah 232

CPA Practice

APRIL 15, 2024

According to Paul Melville , the firm’s national managing principal of CFO Advisory services, this upward trend is driven by inflationary costs — including a rise in the cost of global shipping — rather than a big investment in operations.

Real Estate 111

Real Estate Technology E-commerce Finance 111

RogerRossmeisl

NOVEMBER 29, 2021

For years, banks, financial service and investment companies, and exporters have been required to follow know-your-customer (KYC) processes to thwart criminal activity. The post KYC Rules Help Prevent Fraud and Offer Other Advantages appeared first on Roger Rossmeisl, CPA.

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CPA Sales Account accountant 218

Withum

FEBRUARY 20, 2024

The goal of minimizing tax liability likely drives a desire to discover new advantages in the tax law. If this sounds familiar to you, when planning for the upcoming tax year, a great place to start is with the basics. We can help. Let’s Chat The post 2024 Tax Pocket Guide appeared first on Withum.

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Tax tax planning tax services 119

Cherry Bekaert

MARCH 19, 2024

Staying ahead of consumer demands is not just a “nice-to-have” advantage but a necessity for businesses to survive. This integration of AI not only expedites the discovery process but also helps certify that products and services do more than meet consumer needs. Instead, businesses anticipate them.

New York 100

New York Sales Account accountant 100

CPA Practice

APRIL 15, 2024

Few agencies are as perpetually tasked to “do more with less” than the Internal Revenue Service (IRS). Progress was cited in eliminating most of its tax return backlog, more on-time tax refunds, and improvements in customer service availability and responsiveness. The advantage: a reduced burden on strained administrators.

Tax 119

Tax Kansas Real Estate Government 119

Withum

JANUARY 31, 2024

Pictured: Dave Springsteen, Withum Partner Emeritus, HLB Global Tax, Surabhi Bansal, Shannon Smith, Kimberlee SP Murphy, Partner, Withum International Services Practice Leader, Christian Jahndorf, Nick Farmer. Withum’s International Services team tailors custom solutions for clients on the international stage.

Tax 111

Tax accounting and finance Legal tax services 111

CPA Practice

APRIL 8, 2024

While digital services have improved the tax return experience and streamlined more mundane accounting tasks so CPAs can have more time to serve their clients, cybercriminals and groups have taken advantage of the technology shift to exploit tax returns and other digital tax documents.

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Tax tax preparation cpas tax return 64

TaxConnex

JANUARY 18, 2024

To their credit, these states have created advantageous ways for small retailers who hit nexus thresholds, affording simpler guidelines for charging and remitting the sales tax. TaxConnex provides services to become your outsourced sales tax department. Not all home rule states have been so friendly. (For

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South Dakota Louisiana Colorado Alaska 203

Menzies

APRIL 12, 2024

For technology businesses, it is important to take advantage of Government-backed networks and programmes whilst developing a strategic plan and practising strong working capital management. SMART DATA ADVANTAGE Many technology businesses own valuable data providing insights into key markets and consumer behaviour.

chartered accountant 52

chartered accountant accounting and finance Finance Government 52

CPA Practice

APRIL 22, 2024

Large accounting firms have made substantial strides in using AI to augment their services and deliver high quality outcomes. Now, imagine if you could use that advantage faster, more often, and in a broader market. First, recognize what sets your business apart to pinpoint where AI can amplify that competitive edge.

cpas 119

cpas Technology cpa firm CPA 119

Dent Moses

MARCH 13, 2024

Outsourcing accounting services can offer a myriad of benefits, revolutionizing a business’s financial landscape. Another significant advantage is the ability to focus on core competencies. In today’s business environment, companies are constantly seeking ways to optimize operations and enhance efficiency.

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Account accountant accounted Technology 98

CPA Practice

JUNE 19, 2023

By Michael Aloi, CFP, Kiplinger Consumer News Service (TNS) I never recommend an investment solely for the tax benefits. But it’s the tax advantages of real estate investment trusts that I want to focus on here. Return of capital is an important tax advantage for REIT investors. Finally, the tax advantages help, too.

Tax 111

Tax Real Estate income tax Legal 111

Cherry Bekaert

APRIL 18, 2024

Staying up to date with the most recent Internal Revenue Service (IRS) withholding and estimated tax payment guidelines for individuals is also crucial in understanding how these regulations will affect your taxes. This podcast focuses on estimated tax payments, withholding and related cash flow planning.

Tax 52

Tax tax return tax planning 52

Withum

NOVEMBER 15, 2023

In a move aimed at modernizing and streamlining the interaction between the Internal Revenue Service (IRS) and taxpayers, the IRS has recently announced the launch of its new Online Document Upload Tool. How To Use the IRS Document Upload Tool To take advantage of the IRS Document Upload Tool, taxpayers need to follow a simple process.

Tax 124

Tax 124

CPA Practice

SEPTEMBER 27, 2023

One of the biggest practice areas where automation has boosted a firm’s performance is client advisory services (CAS). In addition, 61% of survey respondents offering CAS, accounts payable, and expense management say they could not offer the services they currently do without automation. “To

accounting firms 122

accounting firms Technology Gaming accounts payable 122

inDinero Tax Tips

NOVEMBER 7, 2023

If you know how to use net operating losses to your advantage, you can strategically time investments to save money on your taxes. Net Operating Loss Limitations Record Keeping and Documentation Conclusion Navigating tax advantages like net operating losses can be a headache. Not to worry. What is a Net Operating Loss?

accrual accounting 105

accrual accounting Tax accounting and finance tax services 105

Xero

NOVEMBER 21, 2022

“What we like most about partnering with Xero is the ability to leverage the flexibility of the platform to work more collaboratively with clients,” says Trevor Reid, CPA, CA, TEP and chair of Baker Tilly Advantage, the network’s cloud accounting program. Learn more about Baker Tilly Advantage’s next-level cloud accounting here.

Agriculture 86

Agriculture Technology accounts payable audit 86

Withum

FEBRUARY 14, 2024

As the e-commerce landscape continues to grow and evolve, certain states have emerged as particularly advantageous spots for setting up warehouses and fulfillment centers, strategically positioned to cater to a far-flung customer base. Its proximity to the West Coast market is another advantage.

E-commerce 59

E-commerce Real Estate Nevada income tax 59

CPA Practice

FEBRUARY 7, 2024

By Daniel Goodwin, AWMA, Kiplinger Consumer News Service (TNS) Opportunity zones, created by the Tax Cuts and Jobs Act, were designed to spur economic development and job creation in specific communities and census tract areas, while simultaneously providing substantial tax incentives for investors. How do opportunity zones work?

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Tax Pennsylvania Texas Washington 105

CPA Practice

APRIL 25, 2024

The Department of Treasury and Internal Revenue Service have issued final regulations describing rules and definitions for the transfer of eligible credits in a taxable year, including specific rules for partnerships and S corporations.

tax return 52

tax return Manufacturing Tax 52

GrowthForceBlog

MAY 13, 2023

5 min read Outsourced accounting, bookkeeping, and controller services have become a more common solution for small businesses today. The advantages, which once were only enjoyed by mid-market and enterprise companies, are becoming understood by smaller companies. Key Takeaways Why Do Companies Outsource?

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Account accountant accounted bookkeeping 105

Cherry Bekaert

MAY 11, 2023

The funds have started to flow to the various states, so now is the time to take advantage of this once-in-a-generation investment that provides America’s infrastructure with the continuity and stability that are crucial to meeting our future needs. Many states and local governments allow for purchase of goods and services off GSA Schedules.

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Manufacturing Government Transportation Technology 97

CPA Practice

APRIL 24, 2024

Processing more than 11 billion transactions each year, Sovos’ membership is a substantial show of support for the DBNAlliance’s mission to rapidly deploy a framework of standards and supporting services for seamless electronic data exchange in the U.S., across the Atlantic and globally. While the U.S. e-invoicing adoption.

Government 52

Government Maine Sales 52

ThomsonReuters

JULY 6, 2023

That’s why many accountants are embracing the profitable shift to tax advisory services. Let’s take a look at what tax advisory is and how you can take advantage of this approach to serving clients. What are tax advisory services? But what is a tax advisor and how do you become one?

Tax 98

Tax tax return income tax audit 98

IgniteSpot

NOVEMBER 9, 2022

Top Accounting Services Technologies. Technology is transforming accounting services every day, and your business can take advantage of three major advancements. Videoconferencing, online ordering, and virtual assistants have all made our personal and professional lives easier.

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Technology Account accountant accounted 98

ThomsonReuters

MAY 15, 2023

As AI technology becomes increasingly sophisticated, it presents CPAs with a range of opportunities to enhance their advisory services through automated processes, real-time insights, and personalized advice. This technology offers a range of advantages that CPAs can leverage to provide better services to their clients.

Tax 98

Tax cpas Account accountant 98

CPA Practice

JANUARY 19, 2023

They understand their firm’s competitive advantage Transformative leaders understand their firm’s unique selling proposition. When asked about what made their firm unique, the standard reply was “client service.” But if every firm provides the best client service, that’s not a competitive advantage.

Start-ups 137

Start-ups Account accountant accounted 137

SchoolofBookkeeping

SEPTEMBER 14, 2023

New QuickBooks Bill Pay Service QuickBooks Payments , which is an Intuit QuickBooks Service for receiving credit card and bank payments is now poised to offer a bill payment service of their own. As such this means that the deeply integrated service powered by Melio or BILL will no longer be available. We get it!!

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quickbooks online accounting Expense Management Account 98