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Ignition has released its 2024 US Accounting and Tax Pricing Benchmark report and it reveals that the 325 Ignition customers surveyed are going all-in on fee increases in 2025. 57% of accounting firms plan to increase fees across all services in 2025. Or at least half-in. Clients are just going to loooove that.
Accounting and Tax Pricing Benchmark report from Ignition, which surveyed 345 owners and decision-makers in accounting firms, adds that most firms are planning to increase fees across services by 5% or 10% in 2025. Key findings include: 57% plan to increase fees across all services.
EDT 1 Min Read Facebook Twitter LinkedIn Email Tax management platform Instead launched artificial intelligence-driven tax reports, harnessing AI to analyze full taxreturns to glean tax strategies and missed opportunities. All rights reserved.
The post Top Remote Tax and Accounting Candidates of the Week | May 1, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Don’t hesitate to reach out to liz@accountingfly.com.
2024 Year-End TaxPlanning Resources Nows the time to review your year-end taxplanning options and strategies for the 2024 tax season. Withums Year-End TaxPlanning Resource Center offers tips, legislative updates, and tax-saving opportunities for individuals and businesses.
Any asset with a class life of less than 15-years can still be depreciated using MACRS and take advantage of bonus depreciation (60% in 2024 and 40% in 2025). An exception from the limitation on the business interest deductions is also provided for floor plan financing (i.e.,
The post Top Remote Tax and Accounting Candidates of the Week | May 29, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Reach out to her at liz@accountingfly.com.
TAX CANDIDATES FTE Tax Senior | Candidate ID #23616387 Certifications: EA Education: BS Accounting, MS Taxation Experience (years): 10+ tax and accounting Work experience (detail): 6+ in public accounting 3 in healthcare industry Full cycle accounting and financial reporting Prepared tax filings for individuals, SMBs, partnerships, nonprofits 30% review (..)
TAX & ACCOUNTING CANDIDATES FTE Tax and Accounting Senior | Candidate ID #24143645 Certifications: EA Education: BA Accounting Experience (years): 9+ years accounting and tax experience Work experience (detail): All in public accounting Currently a tax senior 200+ SMB and HNWI returns per season Review of 40%, prepares more complex returnsTax (..)
EDT 6 Min Read Facebook Twitter LinkedIn Email Bank job; the magic is gone; not a beautiful day in the Neighborhood; and other highlights of recent tax cases. CPA Timothy Trifilo has been sentenced to 20 months in prison for making a false statement on a mortgage loan application and for not filing an income taxreturn. .:
TAX CANDIDATES FTE Tax | Candidate ID #23772188 Certifications: CPA in process, EA Education: BBA Accounting and Finance Experience (years): 8+ years experience in tax accounting. The post Top Remote Accountants of the Week | January 17, 2025 appeared first on Going Concern.
The post Top Remote Accountants of the Week | January 30, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Don’t hesitate to reach out to liz@accountingfly.com.
The post Top Remote Tax and Accounting Candidates of the Week | May 22, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Reach out to her at liz@accountingfly.com.
TAX & ACCOUNTING CANDIDATES FTE Tax and Accounting Senior | Candidate ID #24255297 Certifications: EA Education: BA Accounting, MBA Experience (years): 4 years accounting experience Work experience (detail): All in public accounting Prepares complex individual taxreturns Client facing advisory with multiple clients Created and led an internal (..)
Its no secret that accountants are stretched during taxreturn season. Theres hardly time to stay on top of each clients basic needs yet alone advising them on their tax affairs. What is personal tax automation? In other words, your very own personal tax assistant is working 24-7 on your client portfolio.
The post Top Remote Accountants of the Week | January 23, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Don’t hesitate to reach out to liz@accountingfly.com.
The upgraded income taxreturn solution now includes enhanced client onboarding workflows that allow firms to create multiple engagements in bulk to accelerate onboarding. Progress will showcase the latest ShareFile product innovations at AICPA Engage 2025 , June 9–12, 2025, in Las Vegas. All rights reserved.
Most of the income tax proposals in the 2021 “Build Back Better” bill did not make it into the IRA. General Income TaxPlanning. Doing so may enable you to claim larger deductions, credits, and other tax breaks for 2022 that are phased out over varying levels of adjusted gross income (AGI). million in 2023).
The post Top Remote Accountants of the Week | January 2, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Don’t hesitate to reach out to liz@accountingfly.com.
But where do you begin building your taxplanning strategy? Taxplanning strategy #1: Utilize short-term staffing solutions As tax season begins, firms in need of a short-term boost in headcount should consider outsourcing services to increase workload capacity.
The post Top Remote Accountants of the Week | February 13, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Don’t hesitate to reach out to liz@accountingfly.com.
The post Top Remote Tax and Accounting Candidates of the Week | March 13, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Don’t hesitate to reach out to liz@accountingfly.com.
The post Top Remote Accountants of the Week | February 27, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Don’t hesitate to reach out to liz@accountingfly.com.
Lets explore the core services offered: Professional Tax Preparation: Precision and Peace of Mind Tax preparation is the cornerstone of Mike Habibs practice. The team stays abreast of the latest tax code changes to ensure accuracy and compliance, identifying every eligible credit and deduction to reduce tax liability.
Pennsylvania Senate Bill 815, signed into law on December 14, 2023, amended the Pennsylvania tax code to recognize irrevocable grantor trusts for tax years beginning after January 1, 2025. The grantor’s payment of income taxes on trust income is effectively a tax-free gift to the trust.
There are several key tax considerations and tactical approaches for businesses to address while closing out 2023 and moving into 2024. From leveraging tax incentives to optimizing deductions, this guide offers insights into taxplanning to help businesses make informed decisions and set a solid foundation for the upcoming year.
Don’t hesitate to reach out to liz@accountingfly.com The post Top Remote Tax and Accounting Candidates of the Week | May 8, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly.
Jump to: Set engagements and expectations for next year Address economic pressures that are top of mind Advise on taxplanning topics As the year comes to a close, most accounting firms are guiding clients through the complexities of year-end taxplanning. Tax Cuts and Jobs Act (TCJA).
The post Top Remote Accountants of the Week | February 6, 2025 appeared first on Going Concern. About the Author: Liz Branch is the COO of Accountingfly. Don’t hesitate to reach out to liz@accountingfly.com.
Put simply, MTD is the governments initiative to digitalise the tax system, primarily through maintaining digital records. The reasoning for this is that its thought itll make it easier for companies and individuals (sole traders) to get their personal taxreturns right. What do you need to do to prepare for MTD?
Therefore, a well-thought-out global tax management strategy will be imperative to the success of your global business activities. With proper taxplanning a company is able to reduce its worldwide effective tax rate as it expands overseas. income taxreturn. taxreturn. tax liability.
Jason Bramwell A new integration announced on June 5 allows accounting firms to embed online payment solution CPACharge directly into the workflow for SafeSend One, the flagship product of SafeSend, a tax automation software company acquired by Thomson Reuters earlier this year.
TCJA (in effect for tax years 2018-2025) limited the amount of debt covered to $750,000 (or $375,000 for married couples filing separately). If the TCJA tax laws are not extended, in 2026 the limitation will go back up to $1 million. As you now see, taxplanning is not just for the wealthy.
TCJA (in effect for tax years 2018-2025) limited the amount of debt covered to $750,000 (or $375,000 for married couples filing separately). If the TCJA tax laws are not extended, in 2026 the limitation will go back up to $1 million. As you now see, taxplanning is not just for the wealthy.
The landscape of estate and taxplanning has undergone a substantial transformation due to the Tax Cuts and Jobs Act of 2017 (TCJA), which effectively doubled the federal estate exemption to over $11 million (indexed for inflation to $13,610,000 in 2024) and is not scheduled to sunset until the end of the 2025tax year.
He succeeds Vic Alexander, who will transition to an of-counsel role beginning November 1, 2025, after 43 years with the firm, including 31 years as chief manager. Becca Martin specializes in partnership taxation and supports clients in taxplanning, tax consulting and taxreturn preparation.
. $300/month for people who qualify for the $3,600 and $250/month for those people who qualify for the $3,000 child tax credit. Now, these are tax credits. Let us repeat, tax credits, which means this is not a stimulus check. You can think of this more as an advance on your 2021 taxreturn.
For example, if accounts are prepared to 30 June each year, the profit for 2024/25 will comprise 3/12 th of the profits for the year to 30 June 2024 and 9/12 th of the profit for the year to 30 June 2025. This will mean that the business will need the accounts for the year to 30 June 2025 in order to finalise their tax liability for 2024/25.
This deduction is available only to those who itemize their deductions on their taxreturns rather than taking the standard deduction. 2024 Year-End TaxPlanning Resources Nows the time to review your year-end taxplanning options and strategies for the 2024 tax season.
There are new tax laws and changes that could affect your business’s year-end taxplanning, including the SECURE 2.0 Act, which made some major changes to employee and employer retirement plans that take effect in 2023. TaxPlanning and Advisory Guide—Health Care Reform—premium tax credit expansion) The SECURE 2.0
Then came Milton, causing destruction in Florida and resulting in additional tax deadline extensions for the entire state of Florida. Taxpayers in most of these areas now have until May 1, 2025. Maybe tax season isn’t quite over after all. However, for most of you, the flurry of activity for tax extensions is past.
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