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Corvee Adds Augusta Rule Deduction Guidelines for Home Rentals to Tax Planning System

CPA Practice

Corvee, a maker of tax planning technology for businesses and tax pros, has added Augusta Rule deduction filing guidelines into its Instead and Instead Pro tax planning systems. Instead and Instead Pro offer seamless Augusta Rule savings estimation to help plan, calculate, document and file a return.

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Los Angeles Tax Services

MyIRSRelief

Tax Preparation, Tax Planning, and Tax Representation: Understanding the Importance of Professional Assistance Tax preparation, tax planning, and tax representation are all crucial components of managing your finances and ensuring that you meet your tax obligations.

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Year-End Tax Planning Tips for Individuals to Maximize Savings and Minimize Tax Burdens? 

Anders CPA

When in doubt, consult with a trusted tax professional to determine whether certain deductible activities apply to your circumstances. While this guidance is geared towards individuals and families, check out our year-end tax planning tips for businesses.

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Los Angeles accountant for small business – Mike Habib, EA

MyIRSRelief

Tax Planning and Preparation: An accountant (EA or CPA) can help small business owners navigate the complex world of tax laws and regulations, ensuring compliance and minimizing tax liabilities. They can also help prepare tax returns, file necessary forms, and represent the business in the event of an audit.

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How a Solo 401(k) Plan Can Help College Athletes Win in Retirement

Anders CPA

The interim Name, Image and Likeness (NIL) Policy has opened many doors for college athletes – including the door that requires annual income tax filings for NIL deals. To deduct some of their expenses against this new form of income, many college athletes have set up LLC’s making their income reportable on Schedule C on their tax return.

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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.

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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?