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The Best Tech for Accounting Firms: CPAs Voted for Readers Choice Tech Awards

CPA Practice

The technologies used in professional accounting firms continue to evolve and shape how practices function, from client service, to staffing issues, and overall management and growth. Of course, nobody can know everything, so it’s important to have access to comprehensive tax research tools. Now, on to the results!

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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. State or local property tax.

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Beyond tax season: creating revenue stability year-round

ThomsonReuters

Tax season is a critically busy time of the year for accountants, and we all know the stress that can come with such a high demand for services during that part of the year. But for some tax and accounting firms, the high volume of clients from January to April represents the majority of their business for the year.

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Tax Partner Matters More Than Firm on Business Taxes

CPA Practice

When it comes to a corporation’s relationship with its accounting firm, the firm itself is less important than the partner who leads its engagement team in lowering its tax rate, according to a new study from Iowa’s Tippie College of Business. Wilde’s team analyzed more than 94,000 tax returns of U.S.

Tax 98
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Learn When Your Should Outsource Your Accounting

xendoo

Should you focus on growing your core business or continue to focus on the administrative side, like managing your accounting and bookkeeping needs? Without accurate financial records, it can be harder to secure funding and prepare for the future, too. Forensic accounting. Managerial accounting. Tax preparation.

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What is tax advisory?

ThomsonReuters

If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns. Whether it’s advising on residential energy tax credits or restructuring a partnership, your knowledge and expertise beyond the tax return are valuable.

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Five Reasons Cannabis Organizations Should Outsource Their Accounting in 2023

CPA Practice

Unlike other industries, cannabis business leaders must navigate an industry with exceptionally high tax rates and complex, ever-changing legal requirements. Instead, operators should consider outsourcing their accounting functions. Here are the five major benefits of outsourcing accounting functions in the cannabis industry: 1.

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