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Tax planning strategies to start the new year with

ThomsonReuters

Jump to: Utilize short-term staffing solutions Incorporate AI and automation into your workflow Become a strategic advisor As accounting firms usher in 2024, it’s important to take a fresh look at the business landscape — both its challenges and its opportunities — to best prepare for the year ahead.

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Year-end tax planning strategies: Provide your clients with expert guidance

ThomsonReuters

Jump to: Set engagements and expectations for next year Address economic pressures that are top of mind Advise on tax planning topics As the year comes to a close, most accounting firms are guiding clients through the complexities of year-end tax planning. Create consumable content on-demand.

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Exploring key 2024 tax bill proposals

ThomsonReuters

As we step into a new year, the taxation realm is abuzz with discussions surrounding the Tax Relief for American Families and Workers Act of 2024. However, amidst this spotlight, there are other tax proposals quietly gaining momentum. What does this mean for my firm? The penalty increases as the pay ratio widens.

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Friday Footnotes: The ERC Problem; EY Double Dips; Stress Less in Public Accounting | 5.26.23

Going Concern

Among them was the Employee Retention Credit, a tax benefit that was created as part of the initial $2 trillion pandemic relief legislation. Although the public health emergency is over, taxpayers can continue to apply for the tax credit until 2025. The reshuffle goes into effect on July 1. ‘No

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Key Takeaways From the 2023 AICPA Dealership Conference

Withum

It’s a chance for us to get together with our industry contacts, clients, and other accounting firms to discuss hot topics for the current year and the upcoming year. We highly recommend the event to our clients, bank contacts, and other accounting firms. Require your team to take vacation time.

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Overview of U.S. taxes on foreign income for individuals

ThomsonReuters

Tax implications for owning property abroad What is FATCA? Helping clients with foreign income tax forms For U.S. To support this effort, forward-thinking accounting firms are increasingly using tax preparation software and scan-and-populate solutions to tackle the challenges of foreign income reporting.

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A 5-Step Guide on Why should UK Non-Doms review their financial arrangements?

Menzies

Menzies LLP - A leading chartered accountancy firm. With mounting public debt, high levels of inflation, and rising costs, policymakers are under immense pressure to raise taxes for public services. As taxpayers, it is vital to plan and take proactive measures to safeguard their financial wellbeing.