Going Concern

JUNE 6, 2025

In a highly critical 35-page document, auditors BDO said in the 2021 financial year “dominant personalities and a weak control environment facilitated opportunities to commit fraud” at the union. In particular, Intuit, the maker of TurboTax, has long opposed the IRS offering free tax filing services.

audit 93

audit auditor Tax Government 93

Accounting Today

JULY 11, 2025

GEORGIA Shelly Carmichael Smith + Howard, Atlanta, launched two new tax practices: site selection + incentives, led by Shelly Carmichael, and state and local income tax consulting, led by Brandee Tilman. Brown Plus, Camp Hill, promoted: Amanda Moats to audit manager; and Trinity Benedict and Megan Duffy to tax senior associates.

Oklahoma 72

Oklahoma Technology tax preparation audit 72

CPA Practice

APRIL 7, 2023

“If your preparer asks you to sign a blank return, refuses to sign your return as your return preparer, or is charging you a fee based on the size of your refund, consult the IRS’s website and tips to make sure you are not exposing yourself to trouble.” “Tax Goldberg of the Justice Department’s Tax Division. “As

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tax preparation Tax tax return income tax 132

CPA Practice

JANUARY 26, 2024

According to court documents and statements made in court related to the tax scheme, Iona Coates owned and operated Bits & Bytes Accounting Services Inc., which provided tax preparation and bookkeeping services. Between December 2020 and September 2021, she received $229,376.26

Florida 109

Florida tax preparation Tax tax return 109

xendoo

SEPTEMBER 28, 2021

If you want to make sure that you and your small business are ready for the 2021 tax season, then it is essential to remain well organized throughout the year. Lastly, you need to know about all of the various tax deadlines that might apply to your business throughout the year. Excise Tax. State Income Tax.

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tax preparation Tax income tax bookkeeping 52

xendoo

NOVEMBER 1, 2021

per mile as of 2021. If you use Shopify for your eCommerce store, the fees associated with this service can be deducted from your business income taxes. Don’t wait for tax season to start planning. The post 9 eCommerce Tax Deductions for 2021 appeared first on Xendoo. Train or subway tickets. Bank fees.

Tax 95

Tax Transportation tax return bookkeeping 95

CPA Practice

DECEMBER 22, 2023

A Georgia man was sentenced on December 19 to two years in prison for evading his personal federal income taxes. According to court documents and statements made in court, from 1999 to 2021, Samir Patel, of Statesboro, was a tax return preparer at a national return preparation business.

Georgia 52

Georgia tax preparation Tax income tax 52

Withum

DECEMBER 22, 2023

Taxpayers also must disclose to the IRS identifying information and other details about any advisors or tax preparers who advised or assisted them with their ERC claims. In addition to the VDP, the IRS announced that it started sending up to 20,000 letters with proposed tax adjustments to recapture erroneously claimed ERCs.

income tax 123

income tax Tax audit tax preparation 123

ThomsonReuters

JANUARY 28, 2022

Companies that only offer tax services have to start over each year building a brand through marketing and advertising. By offering services that last throughout the year, you can keep your business at the forefront of customers’ minds even when they don’t need tax preparation. Business tax preparation.

Tax 102

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SkagitCountyTaxServices

FEBRUARY 4, 2021

So, to that end, I’m here today with a large tax checklist that you can work from for your personal income taxes , understanding that every situation is a little different. A Checklist For Skagit County Business Owners’ For 2020 Personal Income Taxes “Don’t wait. So … here we go.

income tax 57

income tax Tax Real Estate tax return 57

xendoo

JANUARY 12, 2022

You can use the information and the dates we provide to form a strategic plan for preparing and filing your taxes in 2022. What Is the Business Tax Filing Deadline for 2022? You may have already marked April 18, 2022, on your calendar to remind you to pay your personal income taxes. June 15, 2022: U.S.

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business tax Tax tax return tax preparation 98

Nancy McClelland, LLC

MARCH 29, 2022

For those waiting on their 2020 tax return to be processed, enter $0 (zero dollars) for last year’s AGI on the 2021 tax return. For those who used a non-filer tool in 2021 to register for an advance Child Tax Credit or third Economic Impact Payment in 2021, enter $1 (one dollar) as the prior-year AGI.

tax return 66

tax return Tax tax preparation CPA 66

inDinero Tax Tips

NOVEMBER 15, 2021

Claiming deductions can save your company thousands of dollars in income taxes. If the thought of filing your taxes is enough to make you sweat, you’re not alone. . The IRS announced a plan to increase audits for small businesses by 50% for the 2020 tax year. Our CPAs Answer Your Top 5 Burning Tax Questions.

Tax 52

Tax Legal income tax Entertainment 52

inDinero Tax Tips

MARCH 3, 2021

Whether you file your business’s taxes yourself or you have help, making sure your tax returns are right and on time is a lot easier when you. By outsourcing your business’s accounting and taxes with inDinero , you’re covered on both fronts. Are you still working on your 2019 business taxes? Partnership Tax Deadlines.

business tax 59

business tax Tax income tax tax return 59

CPA Practice

AUGUST 11, 2023

The Department of Justice recently arrested a New Jersey tax preparer for allegedly seeking more than $124 million from the IRS. The multi-millions came from filings of over 1,000 false tax forms claiming the pandemic-related employee retention credit, also referred to as the ERTC or ERC. Treasury Department.

New Jersey 98

New Jersey tax preparation Tax auditor 98

CPA Practice

MARCH 14, 2023

Allegations include stealing identities of accountants, tax preparers, and taxpayers. Yusuff and others then allegedly registered with the IRS, posing as authorized agents of multiple taxpayers using stolen information relating to the taxpayers and their real tax preparers. The indictment was unsealed on March 13, 2023.

Tax 116

Tax Texas tax preparation tax return 116

LyfeAccounting

JANUARY 30, 2021

?. Tax season 2021 is here! And if you have been adhering to our suggestions or taken advantage of the tax system in 2020 then you likely know what to expect and excited for this tax year. On the other hand, if you’ve paid very little attention to some of the tax changes or programs then you’ve got a lot to catch up on.

Tax 52

Tax tax return bookkeeping Start-ups 52

LyfeAccounting

MAY 3, 2021

But in this post, we want to explain the differences between tax credits vs tax deductions so you can spend your time wisely! Now as tax preparers for many years, finding tax credits and tax deductions for our clients is one of the most satisfying parts of preparing a tax return.

Tax 52

Tax tax preparation tax return tax consultant 52

CPA Practice

JANUARY 13, 2023

Loyd’s co-conspirators include Lashamekwa Alexander, Deidra Brandon, Melissa Johnson, Shaterian Parr, Jaleesia Sais, and Tevin Thompson, all of whom have pleaded guilty to the tax conspiracy or other crimes. In all, the co-conspirators caused a tax loss exceeding $1.8 As a result, Loyd received approximately $18,000 in PPP funds.

Texas 52

Texas tax preparation Tax tax return 52

LyfeAccounting

JULY 22, 2021

Hawaii also has the second-highest income tax in the country coming in at 11%. That’s 11 times more than other states like F lorida and Texas who virtually have no income tax at all. Nevada’s effective property tax rate is just 0.6% Well, it’s possible because of tourism taxes.

South Carolina 52

South Carolina Hawaii West Virginia Delaware 52

xendoo

SEPTEMBER 2, 2021

Adopting a proactive strategy can help you stay ahead of business tax filing deadlines, avoiding the rush and the headache during tax season! . To help business owners with their tax preparation , we’ve prepared a business tax filing guide to walk you through the process. Corporate Income Tax Returns.

Tax 52

Tax income tax tax return bookkeeping 52

LyfeAccounting

FEBRUARY 24, 2021

If filing taxes for 2020, married couples filing jointly who make up to $80,000 in taxable income or single filers who make up to 40,000 in taxable income. For 2021, the income limits rise to $80,800 for married couples filing jointly and $40,400 for single filers. Child Care Credit. Non-itemizers rejoice!

Tax 52

Tax Real Estate Legal Education 52

LyfeAccounting

JULY 22, 2021

Hawaii also has the second-highest income tax in the country coming in at 11%. That’s 11 times more than other states like F lorida and Texas who virtually have no income tax at all. Nevada’s effective property tax rate is just 0.6% Well, it’s possible because of tourism taxes.

South Carolina 52

South Carolina Hawaii West Virginia Delaware 52

Withum

MARCH 20, 2024

For the latest news and updates on Montana state and local tax March 20, 2024 Montana Releases Pass-Through Entity Tax Common Issues to Avoid Authored by: Jessie Racioppi and Penny Sweeting , CPA The Montana Department of Revenue released “Common Errors to Avoid when Filing Form PTE – Tax News You Can Use.” 03/18/2021.)

Montana 52

Montana Tax income tax tax return 52

xendoo

APRIL 8, 2022

A tax deduction and tax credit can both save you money on taxes, but they are different terms. . Tax deductions can lower the amount of taxable income. For example, tax brackets–a range of annual income–are used for income tax. 56 cents per mile.

business tax 97

business tax Tax Education Entertainment 97

inDinero Tax Tips

MAY 21, 2021

Even the recent Tax Cuts and Jobs Act (TCJA) legislation retained the provisions on R&D. All this to say, your company should include R&D credit in its tax strategy, if possible. Misconception #3: I don’t owe federal income taxes so it wouldn’t do much for me anyway. Is not a tax-exempt organization.

payroll tax 94

payroll tax payroll Tax income tax 94

Nancy McClelland, LLC

APRIL 16, 2023

To that end, when you do share something with your tax preparer, I beg you to phrase it in respectful language that recognizes they are experts in their field. So, to make sure we’re all on the same page, here are a few choice tax benefits that are often overlooked. Out with the ego, in with the knowledge.

Tax 52

Tax tax preparation tax return cpas 52

CPA Practice

APRIL 1, 2024

With tax filing season in full swing, Latinos may turn to for-profit tax preparers. Other Latino filers will turn to online tax filing services, some of which been accused of taking advantage of American taxpayers and falsely marketing their services as free. This only exacerbates existing access disparities.

tax preparation 52

tax preparation Florida Non-Profits income tax 52

CPA Practice

OCTOBER 2, 2023

More than 260,000 people have used Tax Pro Account since it launched in July 2021. The future of Tax Pro Account The IRS is committed to improving and expanding Tax Pro Account capabilities and engaging with the tax professional community as these efforts progress. The webpage has been viewed over 2.7

Tax 119

Tax accountant accounted Account 119

SkagitCountyTaxServices

AUGUST 26, 2021

There are some important changes to small business tax deductions rolling out, and not all deductions apply to all Skagit County businesses. But first, let’s briefly talk 2021 Infrastructure bill. Experts say small businesses are best off trying to use about six to ten strategies for taking tax deductions.

business tax 82

business tax Entertainment Tax Real Estate 82

inDinero Tax Tips

FEBRUARY 14, 2023

If you are a founder of a new business, an 83b election is a vital tax form that can save you serious money when it comes time to file taxes. An 83b filing could work out great for you, but the ins and outs of this form can be confusing, leaving founders and tax preparers alike unsure of what to do.

tax preparation 52

tax preparation income tax Tax tax accountant 52

inDinero Tax Tips

FEBRUARY 14, 2023

If you are a founder of a new business, an 83b election is a vital tax form that can save you serious money when it comes time to file taxes. An 83b filing could work out great for you, but the ins and outs of this form can be confusing, leaving founders and tax preparers alike unsure of what to do.

tax preparation 52

tax preparation income tax Tax tax accountant 52

inDinero Tax Tips

FEBRUARY 14, 2023

If you are a founder of a new business, an 83b election is a vital tax form that can save you serious money when it comes time to file taxes. An 83b filing could work out great for you, but the ins and outs of this form can be confusing, leaving founders and tax preparers alike unsure of what to do.

tax preparation 52

tax preparation income tax Tax tax accountant 52

LyfeAccounting

DECEMBER 30, 2020

Are you tired of paying taxes? Taxes stink. But recently, I heard that some people pay very little in taxes. In fact, the president’s tax returns show he paid just $750 in federal income taxes in 2016 and 2017. But it’s important that you first understand how taxes work. TAXABLE INCOME BRACKET.

Real Estate 52

Real Estate Tax income tax Gaming 52

Nancy McClelland, LLC

APRIL 9, 2023

The post below is about how to pay IL taxes personally ; click here for how to make IL business tax payments. There are multiple options for paying personal quarterly estimated taxes. You’ll want to select “IL-1040 Estimated Payment” and enter your tax year. The example below is for the fourth quarter of 2021.

Illinois 52

Illinois Tax tax preparation bookkeeping 52

Going Concern

FEBRUARY 16, 2024

Apparently the local news has had this amateur CPA on their radar since at least 2020: Krystal clear – customer says shady businesswoman an “expert at frauding people” [ FOX 2 Detroit ] Krystal friended Chrissy on Facebook and said her company “Card Virtual Tax Service” could get her a big refund and take a percentage.

Real Estate 105

Real Estate Iowa public accounting audit 105

CPA Practice

AUGUST 15, 2023

Jared is a popular speaker and advisor due to his expansive knowledge of current tax policies, cybersecurity, and industry trends. Ann Campbell , CPA CIA, joined Drake Software in 2021 as a Tax Software Trainer.

North Carolina 52

North Carolina Tax Indiana CPA 52