CPA Practice

APRIL 9, 2024

Let’s face it, the accounting profession has developed a bad reputation – toiling through long hours chained to a desk, crunching numbers, deciphering archaic tax codes and grinding out tedious tasks, all for lower starting pay and heavy licensing requirements. Compounding the problem is the increased demand for accountants.

cpa firm 122

cpa firm CPA Technology Legal 122

ThomsonReuters

DECEMBER 29, 2022

Helping companies ensure compliance by outsourcing for business processes represents a growth opportunity for today’s tax and accounting firms. . “ Companies also have peace of mind knowing that their corporate tax filing requirements are met accurately and on time. . percent from 2022 to 2030.

corporation tax 59

corporation tax Tax income tax tax return 59

CTP

NOVEMBER 16, 2022

Artificial intelligence in accounting software is bringing new ethical challenges for professionals, their clients, and the public at large. A recent report by Acumen Research found that accounting professionals spent $1.5 This requires the application of methods of accounting and selections of an allowable tax year.

tax planning 95

tax planning Tax Technology Non-Profits 95

ThomsonReuters

APRIL 25, 2023

could reach 40% of total passenger car sales by 2030. More optimistic projections foresee electric vehicle sales surpassing 50% by 2030. Increased EV tax credit A factor behind the additional interest in buying an EV may be the increased tax credits available for those who get behind the wheel of an EV in 2023.

Tax 52

Tax Manufacturing tax return Government 52

inDinero Tax Tips

SEPTEMBER 13, 2023

brought is modified catch-up contributions for retirement accounts. This expansion allows individuals aged 50 or older to stash more in their retirement accounts. Starting from 2024, these catch-up contributions must be deposited into Roth accounts. For those turning 72 in or after 2030, the RMDs start at age 74.

business tax 80

business tax Tax Start-ups accounting and finance 80