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IRS Starts Business Tax Accounts

CPA Practice

20 that it has launched new business tax accounts , with the initial version geared toward sole proprietors. As part of its continuing effort to improve taxpayer services and make the agency more technology-friendly, the IRS said on Oct.

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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. Available at IRS.gov/businessaccount , the new business tax account is a key part of the agency’s continuing service improvement initiative.

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Los Angeles tax, accounting service

MyIRSRelief

How to fix my messy back-years accounting for my Los Angeles, CA business? If you have messy books for many back years of accounting, it can be overwhelming to try to organize and clean them up. This might include accounting software, a financial calculator, and reference materials such as tax guides or accounting textbooks.

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Protecting tax accounting information: Best practices for IT professionals in data security and confidentiality

ThomsonReuters

How IT professionals can protect tax information at accounting firms 2. A modern approach to tax data security 3. Accounting firms are entrusted with a wealth of sensitive financial data, including tax records, income statements, and other confidential information. Jump to: 1. Access controls.

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Tax Account Review – TAR or Discovery

MyIRSRelief

For Los Angeles, and all over America, individuals or businesses who are concerned about the information they receive from the Internal Revenue Service (IRS) about their taxes, a tax account review – TAR may be the answer. What is a Tax Account Review or TAR, Discovery? How It Works.

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Unlocking the Language of Accounting: Understanding Common Terms

SMBAccountant

Accounting operates within its own language, a system of terms and conventions that serve as the backbone of financial communication and analysis. Understanding this unique language is essential for interpreting financial data, making informed decisions, and effectively navigating the intricate world of business finance.

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Why Small Business Owners Should Sign Up for the New IRS Business Tax Account 

CPA Practice

(TNS) The new business tax account from the IRS , unveiled in late October, is expected to expand next year with a slate of new features that should make tax time a little smoother for entrepreneurs. They can actually give their accountant access to the account, but it’s pretty limited to that.”