Going Concern

AUGUST 18, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting firm said it will challenge the finding. “We This is according to a recent survey conducted by accounting firm network Moore Global. PwC Will Appeal $65.5

Account 89

Account accountant accounted accounting and finance 89

ThomsonReuters

JULY 14, 2022

The cost of the meal can include taxes and tips, but not the cost of transportation to and from the meal. The tax tip notes the rules for meals and beverages provided during entertainment events and urges businesses to review special recordkeeping rules for business meals. Contributing Editors: EBIA Staff.

Tax 98

Tax Entertainment Transportation Retail 98

Accounting Insight

FEBRUARY 21, 2023

Travel and entertainment expenses (T&E) can give your business a competitive advantage if used wisely and effectively. Many small and medium businesses (SMBs) worry about the cost of employee expenses when it comes to travel and entertainment expenses (T&E). Book a demo today.

Travel Expense Management 59

Travel Expense Management Expense Management Entertainment Technology 59

ThomsonReuters

DECEMBER 1, 2023

Information on the use of automobiles and other transportation vehicles. Property generally used for entertainment, recreation, or amusement (including photographic, phonographic, communication, and video recording equipment). MACRS depreciation on automobiles and other listed property. What does a depreciation schedule look like?

tax return 97

tax return Tax Transportation Non-Profits 97

Ryan Lazanis

AUGUST 2, 2023

In this article, you’re going to get a ton of inspiration plus a whole bunch of tips for picking amazing accounting firm names. Choosing an accounting firm name is all about branding and how you want the outside world to perceive you. Future-Proof: Remain meaningful and relevant as your accounting firm grows.

accounting firms 52

accounting firms Account accountant accounted 52

CPA Practice

DECEMBER 4, 2023

Take into account in-state vs. out-of-state tuition and the potential for scholarships and financial aid. Indirect expenses include textbooks, transportation, personal expenses, and entertainment. Consider a 529 Plan A 529 savings plan is a tax-advantaged investment account designed to save for education expenses.

Education 52

Education Transportation accounting and finance Tax 52

Withum

SEPTEMBER 14, 2022

The IRS has long used bank account deposits and lifestyle to uncover unreported income as well. Unsupported travel and entertainment expenses : The tax laws have very specific documentation requirements for travel and entertainment expenses. Cash tips fall into this category. Expect them to be denied. Contact Us.

Tax 105

Tax tax return audit Entertainment 105

Basis 365

MARCH 6, 2022

While we may not be tax accountants , we, too, look for ways to save money, and having tax write-offs is a great way to save your business some money. Entertainment If you're attending a business conference, traveling for business, or entertaining a client, you can use a meal as a business tax write-off.

Tax 52

Tax Entertainment Real Estate Education 52

Going Concern

APRIL 15, 2022

To counter this perception, the accounting profession could be rebranded as a foundational force of social stability and progress, and not just as “a job” with long hours and low return on investment (ROI) on education. There is another way of putting this: Accounting is a profession whose brand has not been diluted.

accounting firms 52

accounting firms audit Account accountant 52

xendoo

NOVEMBER 1, 2021

Online merchants typically have a small variety of travel expenses, since you’ll be using a car to perform basic tasks that include: Transporting packages to the post office or shipping company. Keep in mind that we’ve been talking exclusively about cars, but there are other transportation costs that you can deduct, like: Airfare.

Tax 95

Tax Transportation tax return bookkeeping 95

Ronika Khanna CPA,CA

FEBRUARY 23, 2023

Probably the most popular question posed to accountants and tax preparers (especially around this time of year) is “what types of expenses are deductible?”. Business travel expenses Transportation costs like public transit passes and taxis fares incurred when meeting with customers, suppliers and other business contacts.

Tax 52

Tax tax return business tax income tax 52

xendoo

APRIL 8, 2022

As professional accountants, we know all the small business tax deductions that can save you money, and we’re sharing them in this tax deductions checklist. . Legal, accounting, and professional fees. If you’re unsure, it’s a good idea to contact a tax accountant to verify whether or not they count as a tax deduction.

business tax 97

business tax Tax Education tax preparation 97

MazumaBusinessAccounting

APRIL 18, 2023

Not using a business bank account to track business expenses. Again, you can still write off expenses paid with your personal account, but this is not ideal. Tax deduction rules allow 50 percent of entertainment and meals to be written off when your vacation has a small portion of business-related activities.

Tax 52

Tax Hawaii audit Transportation 52

PYMNTS

OCTOBER 25, 2017

For the first time since Certify began tracking the data, Uber ’s popularity with business travelers has declined, accounting for a smaller portion of corporate traveler rides in Q3 compared to Q2. 24), accounted for 54 percent of ground rides among Certify’s business clients in the third quarter, compared to 55 percent in the second quarter.

Transportation 40

Transportation Entertainment Travel Expense Management Account 40

inDinero Tax Tips

JUNE 24, 2023

Small Business Tax Deductions Home Office Deductions Cash vs Accrual Accounting Nondeductible Expenses Form 941 Commingling Funds What Counts as a Business Expense for Tax Purposes? Follow these steps: Open a business bank account Opening a business account is crucial for separating personal and business transactions.

Tax 80

Tax accrual accounting tax return payroll tax 80

Going Concern

JULY 28, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. According to his family, he originally had planned to become a chemical engineer but changed to accounting because of ongoing prejudice against Jews. News Obituary of Jerome A.

Gambling 87

Gambling audit Technology accounting firms 87

inDinero Tax Tips

NOVEMBER 15, 2021

Retailers and Services account for operating costs much differently. To account for this, most businesses use an average weighted value for each product. You’ll also need to account for the costs of shipping, transportation, and storage fees. Our CPAs Answer Your Top 5 Burning Tax Questions.

Tax 52

Tax income tax Legal Entertainment 52

PYMNTS

NOVEMBER 29, 2019

We have a deep dive on accounts payable (AP) automation, analysis on “Google Checking” and news on the T-Mobile data breach. The cyber thief got a hold of users’ names, billing addresses, phone numbers, plan information, and account numbers. has agreed to sell ticketing business StubHub to Viagogo Entertainment Inc.

AP Automation 51

AP Automation Entertainment accounts payable AP Processes 51

CPA Practice

FEBRUARY 8, 2023

Collectively, the professionals joining Andersen deepen the firm’s expertise serving high net worth individuals, families, and businesses across a range of industries, including real estate, manufacturing, construction, professional services, hospitality, entertainment, technology, retail, financial planning, and agriculture.

Real Estate 52

Real Estate Agriculture Iowa income tax 52

MyIRSRelief

OCTOBER 16, 2023

Consider the role of tax-advantaged accounts such as IRAs, HSAs, and 401(k)s in your overall tax strategy. Business Travel Deductions Understand how to deduct travel expenses incurred for business purposes, including transportation, lodging, and meals.

Tax 130

Tax income tax Education tax return 130

PYMNTS

FEBRUARY 6, 2018

She recently spoke at a corporate travel event held in New York, put on in conjunction with Hilton, to explore some of the latest trends in corporate travel and entertainment (T&E), and the experts agree: Corporate travel is changing. Here are the numbers: 483 million | Number of domestic business trips the U.S.

accounts payable 40

accounts payable Entertainment Transportation New York 40

Accounting Insight

AUGUST 2, 2022

The second quarter of the year saw spending fall across almost every category of leisure, with eating out, drinking in pubs and bars, and in-home entertainment seeing the most dramatic quarter-on-quarter fall; by -19, -14, and -13 percentage points, respectively. Queen’s Jubilee and summer events not enough to boost leisure spend.

Entertainment 52

Entertainment Hospitality Transportation Start-ups 52

PYMNTS

JUNE 5, 2018

NDC connects agents and travel sites “directly to airlines’ visuals and information about onboard amenities, such as Wi-Fi access, plane type, entertainment options,” Reuters said. IATA speaks for some 280 airlines, which collectively account for 83 percent of global air traffic, Reuters said.

Sales 40

Sales Entertainment Transportation Technology 40

xendoo

MARCH 17, 2022

Examples include: Transportation costs, such as plane, bus, or train tickets . Non-entertainment-related meals. Those that travel for business purposes, such as attending conferences or traveling to meet with clients, can deduct certain travel expenses. Lodging costs, such as hotels or Airbnbs .

business tax 59

business tax Tax bookkeeping Education 59

PYMNTS

JANUARY 9, 2019

“The aim for HARMAN’s system is to seamlessly integrate the in-car experience with the user’s smartphone so that they can use favorite personal assistant apps like Google , Alexa and Samsung ’s Bixby in their vehicles just as they do in their homes,” according to one account. They are the ultimate mobile devices, according to others.

Gaming 46

Gaming Entertainment Retail Transportation 46

Anders CPA

DECEMBER 1, 2023

Intro (00:00:00) – Welcome to the Modern CPA Success Show, the podcast dedicated to helping accounting firms stay ahead of the curve. Join us as we change the way people think about accounting. And so we developed the model and that was really my kind of my segue into being more of a forward looking accountant into forecasting.

Start-ups 52

Start-ups Legal Non-Profits CPA 52