Going Concern

NOVEMBER 3, 2023

Scott Scarano is not your typical accounting firm owner. In his teens, Scott was set on making it big in the entertainment and music industry. In his teens, Scott was set on making it big in the entertainment and music industry. His entertainment dreams were crushed, and the future looked bleak.

Non-Profits 67

Non-Profits Entertainment accounting and finance accounting degree 67

inDinero Tax Tips

JUNE 12, 2023

One of the most common problems for startup founders is the commingling of funds: when you pay for personal transactions from a business account, or visa versa. You’ll reimburse yourself if you’ve used personal accounts to pay for business expenses. What if I’ve Paid for a Business Expense With a Personal Account?

payroll tax 97

payroll tax payroll bookkeeping services Tax 97

MazumaBusinessAccounting

MAY 27, 2021

It’s not the same as getting a five-year accounting degree, but it’s going to give you the knowledge to make smart business decisions. Food & entertainment. Business equipment. Income is simply what money your business generates. This is where the accounting rules come in. Auto expenses.

Entertainment 98

Entertainment Tax accounting degree accounting and finance 98

LyfeAccounting

MARCH 16, 2021

And of course, an employee of your company should be present for these meals to prove that these are in fact, business meals. Does this apply to entertainment expenses? This full tax deduction does not appear to apply to entertainment expenses. The post NEW Tax Deduction: Business Meals are 100% Deductible in 2021!

Tax 52

Tax Entertainment tax return tax preparation 52

ThomsonReuters

FEBRUARY 8, 2022

With so many generations in need of tax and accounting services in the market today, it can be a challenge to discover what a client truly wants or needs, or how they want to connect with you. That’s the first step to winning new business. There’s also a growing number of firms embracing niche or specialized accounting.

Tax 105

Tax Entertainment payroll bookkeeping 105

xendoo

JULY 6, 2023

You use the same bank account for both business and personal expenses. Meal, travel, and entertainment expenses The IRS pays close attention to claims for large meal and entertainment deductions. Similar to home office deductions, taxpayers mistake what they can claim as a meal, travel, or entertainment expense.

audit 52

audit tax return Entertainment income tax 52

xendoo

JULY 6, 2023

You use the same bank account for both business and personal expenses. Meal, travel, and entertainment expenses The IRS pays close attention to claims for large meal and entertainment deductions. Similar to home office deductions, taxpayers mistake what they can claim as a meal, travel, or entertainment expense.

audit 52

audit tax return Entertainment income tax 52

Basis 365

MAY 4, 2022

Accounting is essential for every business. However, it often gets lost in the shuffle for business owners trying to manage and maintain day-to-day operations. Accounting should not be considered an afterthought, as accounting mistakes can lead to uncertainty and hinder growth.

accounts payable 52

accounts payable Entertainment bookkeeping payroll 52

Snyder

JUNE 22, 2022

It’s impossible to overstate the importance of accounting for e-commerce businesses. You might find yourself in a tight spot, especially if you’re solely relying on Shopify accounting. How Do Accounting Apps Integrate With Shopify? What Is Expense Tracking?

E-commerce 52

E-commerce bookkeeping accounting apps accounts payable 52

PYMNTS

JULY 17, 2020

Several B2B FinTechs topped the list in Q2, however, including commercial card startup Brex, which raised $150 million, as well as global business account service provider Airwallex with $160 million and small business alternative lender Fundbox with a $200 million raise — the largest of the quarter.

B2B 90

B2B Technology accounts payable accounting and finance 90

LyfeAccounting

NOVEMBER 10, 2020

That’s right, if you’ve carved out a portion of your home for business use, you can claim more than a handful of tax advantages and deductions. Consult with your accountant to determine what deductions apply to you specifically but I’ll be deep diving into the most common mouth-watering, money saving deductions, right. about… now.

business tax 52

business tax Tax Entertainment accounting and finance 52

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?”. The short answer is that a business expense is considered to be deductible if it has been incurred with the ultimate purpose of earning income.

Tax 52

Tax tax return business tax income tax 52

Snyder

DECEMBER 28, 2022

How to start an Instagram business account step by step. Instagram provides its users with two account options: a personal account and a business account. The latter option is perfect for an aspiring small business. Let’s look at the steps you need to make when creating an Instagram account. #1

small business accounting 52

small business accounting business accounting Start-ups Maine 52

Ronika Khanna CPA,CA

APRIL 14, 2022

Decide if you are going to outsource to an accountant or do it yourself Preparing your own unincorporated tax return can be fairly straightforward, especially when using tax preparation software as it guides you through the process. Meals and entertainment that involve clients or business partners.

Tax 52

Tax tax return business tax accounting and finance 52

PYMNTS

OCTOBER 26, 2018

This week, however, venture capital rounds were all about the small- and medium-sized business (SMBs), and how to address their biggest financial management pain points. Businesses across Asia, South Africa, the U.K. raised venture capital for their SMB-facing tools, including global payments, accounting and banking. GreenSlate.

accounting and finance 77

accounting and finance B2B Technology Entertainment 77

PYMNTS

JUNE 4, 2020

Shopify Introduces Business Card. Launching a suite of B2B solutions , eCommerce company Shopify is now connecting its SMB users to a business card product linked to a business account and rewards program without monthly fees.

Entertainment 57

Entertainment B2B Government business accounting 57

PYMNTS

DECEMBER 26, 2018

There is also a 30-day go-shop period in which MINDBODY can entertain competing offers. The WSJ noted that payment systems are a large portion of the software company’s business, accounting for 36 percent of its revenue so far this year. The deal is scheduled to be completed during the first quarter of 2019.

Entertainment 43

Entertainment business accounting Technology Account 43

inDinero Tax Tips

JUNE 24, 2023

Dive in and find the solution to the exact problem you’re facing or keep reading to learn everything you need to know about tax-deductible business expenses. 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?

Tax 80

Tax accrual accounting tax return payroll tax 80

MazumaBusinessAccounting

APRIL 18, 2023

Common Mistakes to Avoid Now that you know the expectations for a business trip and the expenses you can write off, let’s review a few common mistakes small businesses make when trying to take a tax deduction on a trip: Not having a strong business tie or plan ahead of time. This can raise a red flag for the IRS.

Tax 52

Tax Hawaii audit Transportation 52

Accounting Insight

FEBRUARY 1, 2024

Such a business tax enquiry is not to be confused a regular compliance check into personal tax returns or simpler corporation tax returns, which typically focus on a single tax year or accounting period, and sometimes just a handful of aspects. This is what sets apart an HMRC business enquiry.

corporation tax 52

corporation tax tax return accounting and finance business tax 52

PYMNTS

OCTOBER 24, 2018

targeting small businesses, said challengers’ lack of traction with SMBs largely comes down to small business owners’ lack of time and awareness. “Challenger banks are a relatively recent introduction, and many of them launched personal products before business accounts,” he told PYMNTS.

Technology 61

Technology payroll Entertainment accounting and finance 61

xendoo

MARCH 17, 2022

Non-entertainment-related meals. Note : Business trips must consist of mostly business-related activities, or the IRS will consider it a vacation, and the expenses will not be deductible. Examples include: Transportation costs, such as plane, bus, or train tickets . Lodging costs, such as hotels or Airbnbs .

business tax 59

business tax Tax bookkeeping Education 59

LyfeAccounting

JULY 8, 2021

In fact, when we started our first business, the only money one of our founders had was a $250 deposit into a business checking account. It was just a deposit he had to make to ensure the account would get opened without incurring fees. Like walking a dog, entertaining them, and grooming them can seem so simple.

Start-ups 52

Start-ups Georgia Technology accounting and finance 52

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