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IRS Expands Business Tax Accounts to Include S Corporations and Partnerships

CPA Practice

The Internal Revenue Service has launched the second phase of a new online self-service tool for businesses that expands business tax account capabilities and eligible entity types. This next step in the evolution of the Business Tax Account will help these businesses download transcripts and other features.

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IRS expands Tax Pro Account, launches enforcement effort

Accounting Today

The Internal Revenue Service is adding more features to the Tax Pro Account, Business Tax Account and Individual Online Account, and starting a new enforcement campaign.

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The Best Online Accounting Software for Small Businesses

xendoo

A skilled accountant will keep you tax compliant and ensure that you’re always in-the-know and focused on the big picture when it comes to your financials. And cost can definitely feel like a huge barrier here – it can be hard for a small business to afford to hire an accountant. Or the interest!?) .

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How Long Does It Take an Accountant to Do Taxes?

xendoo

As tax season looms, you may be wondering whether you should have an accountant prepare your taxes. In addition to considering how much an accountant costs , you’ll also want to consider how long an accountant will take to do taxes compared to trying to do it yourself. Tax Accounting Software.

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Ecommerce Accounting 101

xendoo

Crunching numbers may not be your forte, but every online business needs a strong eCommerce accounting plan. Tracking your financial matters helps you understand the health of your business and ultimately allows you to make decisions based on real numbers, not just feelings. Types of accounting software.

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Year-End Bookkeeping and Accounting Checklist for Small Business Owners

xendoo

The end of the year is a hectic time for small business owners. Between catching their breath after tax season and managing holiday traffic and sales, year-end bookkeeping and accounting tasks understandably fall to the bottom of the to-do list. . Account for Inventory. Get Your Books Caught Up. Ring In Success.

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Small Business Tax Deductions Checklist: All You Need to Know About Tax Deductions

Snyder

Look through your profit and loss report and research the applicable tax deductions for your business starting from work-related trips and ending with accounting software subscription purchases. What exactly are tax deductions? How to claim small business tax deductions 2. Contents: 1.

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