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Finding Your Financial Compass: Why Small Businesses in Los Angeles Thrive with Specialized Tax and Accounting Support

MyIRSRelief

But for these go-getters, navigating the complexities of running a business, especially the ever-challenging world of taxes and accounting, can feel overwhelming. This is where specialized tax and accounting firms step in, becoming a crucial partner for small businesses with under 100 employees.

Tax 130
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Navigating the New Year Slump: Mastering the Art of Cashflow for Hospitality Businesses

Menzies

Menzies LLP - A leading chartered accountancy firm. Navigating the post-Christmas slump can pose significant challenges for businesses, especially those in the hospitality and leisure sector. As sales dip after the festive season, maintaining cash flow becomes crucial.

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AHA Releases 2019 Community Benefit Report Applicable to Tax-Exempt Hospitals

Withum

The American Hospital Association (“AHA”) released its annual report summarizing community benefits provided by tax-exempt hospitals, as reported on the Internal Revenue Service (“IRS”) Form 990, Schedule H. A total of 2,372 Schedule Hs were included in the AHA 2019 Report, representing 2,907 hospitals. Background.

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Connecting Timekeeping with Practice Management for Law Firms

KROST

KROST CPAs and Consultants, a tax, accounting, and consulting firm based out of Los Angeles, has launched KROST Business Intelligence (KBI) , offering dynamic insights into realization, staff utilization, project turnaround, and more. Pasadena, CA. Full Bio.

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How are LLCs taxed? LLC tax benefits and tips to reduce taxes

ThomsonReuters

Most can organize expenses to make things easier when taxes are due, and some are really full-blown accounting programs that LLC owners can use to manage their entire business. Set up retirement accounts LLCs can set up their own retirement accounts and use them to either reduce or defer taxes.

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How to enhance the audit experience

Menzies

Menzies LLP - A leading chartered accountancy firm. For example, legal invoices might show intellectual property assets, that could’ve been leveraged using Patent Box Relief to reduce the client’s corporation tax liability. In other cases, the audit team might realise that they have missed a financial opportunity.

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