Xero

NOVEMBER 2, 2022

We know it’s not enough to just create really #beautiful accounting software – we also need to teach you to use it. Spending time educating yourself on Xero can help you get time back once you’ve built up your confidence. . We know how important education is to you so we’ve put a lot of work into making it easier to access.

Education 96

Education bookkeeping jobs tax preparation Start-ups 96

CPA Practice

FEBRUARY 3, 2023

TNS) A Columbus, GA-based tax preparer has pleaded guilty in federal court to charges that she submitted false claims for tax credits for her clients and also failed to pay her own personal taxes. Word would submit fraudulent claims for earned income credits, education credits and business losses. Attorney Peter D.

tax preparation 52

tax preparation Georgia Tax tax return 52

CTP

NOVEMBER 15, 2023

The General Accounting Office estimates that Americans over-pay their taxes by almost a billion (yes, that’s billion) dollars each year! That’s why tax planning is gaining in popularity. Some obvious reasons are mistakes or oversights on their tax returns. Do you have the credentials necessary to do tax planning?

tax planning 111

tax planning Tax tax preparation tax return 111

Nancy McClelland, LLC

MARCH 9, 2024

Thanks so much to Insightful Accountant — a leader in news and education for our industry — for inviting me to join a truly exceptional group of colleagues on the inaugural advisory panel. Read more about the rockstars on this year’s panel here !

Account 52

Account accountant accounted Education 52

Going Concern

AUGUST 31, 2023

Are you struggling to hire remote accountants, auditors, or tax professionals right for your firm or internal team? Gain full access to a pool of highly skilled and experienced remote accountants ready to join your team with Always-On Recruiting. Accountingfly is ready to partner with you! Tech Stack: QBO, QBD, UltraTax, etc.

Account 113

Account accountant accounted CPA 113

Nancy McClelland, LLC

JANUARY 15, 2023

As you might imagine, we get quite a few inquiries for tax preparation services, but a) we only do taxes for our small business accounting & bookkeeping clients, and b) we only work with clients in Illinois, Indiana and Wisconsin. Tax Preparer. It’s an arena rife with underrepresentation issues.).

tax preparation 52

tax preparation Tax bookkeeping Wisconsin 52

ThomsonReuters

JANUARY 18, 2024

Jump to: What are the roles and responsibilities for accountants? Accountant vs. CPA vs. tax preparer: What are the differences? GAAP and AICPA What issues should accountants be aware of in the profession? How can accountants be more efficient? What are the roles and responsibilities for accountants?

Account 59

Account accountant accounted tax preparation 59

Nancy McClelland, LLC

FEBRUARY 9, 2024

I’m especially indebted to NATP because when I first started doing taxes, I wasn’t a CPA yet — and spoiler alert: they don’t really teach you that much about tax preparation when studying for your CPA exams; in fact, three-quarters of the test aren’t related to taxes at all.

tax preparation 105

tax preparation bookkeeping Education CPA 105

xendoo

FEBRUARY 23, 2022

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.

Tax 94

Tax tax preparation tax return Account 94

CPA Practice

APRIL 11, 2024

“Taxpayers must look out for unscrupulous preparers, who often will promise refunds that are too good to be true,” said Deputy Assistant Attorney General David A. Hubbert of the Justice Department’s Tax Division. “If Over the last year, the Tax Division has worked with U.S.

tax return 116

tax return Tax tax preparation Florida 116

MyIRSRelief

OCTOBER 3, 2022

Taxes can be broken down into three categories: what you purchase, what you own, and what you earn. They contribute to resources such as our government, educational systems, law enforcement, libraries, and others. However, individuals who fail to pay taxes can suffer penalties and potential criminal charges.

tax services 147

tax services California Tax tax preparation 147

CPA Practice

MAY 22, 2023

In this article we will outline not only the legal requirements but the best practices we have identified in our consulting with firms and in providing accounting firm security briefings. We encourage the firm’s IT person/security trainer review each of the checklist items and educate firm personnel on the firm’s position on each point.

tax preparation 105

tax preparation Technology Education accounting firms 105

Nancy McClelland, LLC

DECEMBER 1, 2023

Insightful Accountant is hosting their last Future Forward virtual conference of the year on December 5-6, and I’m delighted to be presenting an exciting topic that resonates with the theme of Niches, Trends, and Predictions for 2024. Let’s talk about co-firming as one of the accounting trends of 2024.

bookkeeping 52

bookkeeping quickbooks Technology Tax 52

Nancy McClelland, LLC

DECEMBER 1, 2023

Insightful Accountant is hosting their last Future Forward virtual conference of the year on December 5-6, and I’m delighted to be presenting an exciting topic that resonates with the theme of Niches, Trends, and Predictions for 2024. Let’s talk about co-firming as one of the accounting trends of 2024.

bookkeeping 52

bookkeeping quickbooks Technology Tax 52

MyIRSRelief

NOVEMBER 3, 2023

Unpaid Back Taxes Owing back taxes can feel like a heavy burden. The IRS can place liens on your property, garnish your wages, or levy your bank accounts. This rigorous training ensures that they are well-equipped to help taxpayers navigate complex tax issues.

Tax 130

Tax tax return audit tax preparation 130

ThomsonReuters

FEBRUARY 2, 2022

the potential market available to tax and accounting firms is massive. How to market tax and accounting services. People search online for products and services, including accounting services. A better approach is to build a reputation as an accounting expert. With more than 144.3 Establish your expertise.

accounting firms 98

accounting firms Account accountant accounted 98

CPA Practice

DECEMBER 10, 2023

While chestnuts crackle and we gear up for the annual tax preparation season, it becomes clear that the winter holidays bring more than just festivities and time off; they also mark the beginning of the tax preparation party. Tax preparation has its spotlight, tax planning follows a rhythmic beat … and tax advisory ?

tax planning 69

tax planning Tax tax preparation bookkeeping course 69

Snyder

NOVEMBER 17, 2022

Accountancy firmly belongs to the financial sector but it also shares a lot of key features with the service industry. No one can be an expert in all those areas, that’s why finding a helpful blog for accountants is such a great idea. So let’s begin our journey to the land of accountancy! Accountants, bookkeepers, and CPA’s.

Account 52

Account accountant accounted bookkeeping 52

CPA Practice

JANUARY 31, 2024

By Lee Reams II The tax and accounting profession is undergoing a significant transformation as a wave of boomer partners leaving their posts ushers in the largest retirement exodus of our lifetime. The dual challenges of a talent shortage and increased demand have changed tax and accounting professionals’ roles entirely.

Tax 49

Tax Account accountant accounted 49

CPA Practice

FEBRUARY 12, 2024

Once upon a time, tax preparation was a document-heavy practice, requiring people to send their sensitive documents to their CPAs. The digitalization of the financial sector generally, and tax services in particular, has expanded access to high-quality tax services while making filing taxes more streamlined and convenient.

cpas 105

cpas Tax tax preparation Technology 105

ThomsonReuters

APRIL 17, 2024

This comprehensive study explores the attitudes, perceptions, and usage of GenAI among professionals in the legal, tax & accounting, risk & fraud, and government sectors. I would not want to be too dependent on it,” said one corporate tax director.

Tax 98

Tax tax preparation tax return Technology 98

ThomsonReuters

APRIL 25, 2024

Unravel tax law complexity with AI-powered tax research As we all know, tax laws are notoriously complex and subject to frequent changes. It can even offer specific tax planning and advisory engagements, so you can confidently provide clients with meaningful advice and guidance. 2.

Tax 52

Tax tax preparation tax planning auditor 52

CPA Practice

OCTOBER 25, 2023

Join John Sapp, CPA and Chief Revenue Officer at Drake Software and Isaac O’Bannon, Managing Editor for CPA Practice Advisor for a live webinar covering key topics that will affect tax preparers and payers in the upcoming season. As a CPA, John has considerable experience in public and private accounting for the technology industry.

Tax 64

Tax Tennessee CPA Education 64

Ronika Khanna CPA,CA

MAY 3, 2024

Despite your (and/or your accountants’)best efforts , occasional errors or omissions relating to your personal tax return are unavoidable. It is possible that you forgot to include a tax slip, overstated your expenses or was unaware of a specific tax credit. the new home buyer’s credit or the hybrid car tax credit.

tax return 98

tax return Tax income tax tax preparation 98

CPA Practice

DECEMBER 13, 2023

Mention a broad solution (payroll management, for example) and ask if they would like to book an appointment now to work on resolving their challenge after tax season. Separate planning sessions from work sessions: Co-mingling tax planning and tax preparation ultimately provides less value to the client and reduced revenue for your firm.

Tax 105

Tax tax preparation managerial accounting bookkeeping 105

Ryan Lazanis

APRIL 18, 2023

Artificial intelligence in accounting is currently transforming the industry. Table of Contents What is AI in Accounting? Can AI Replace Accountants? Benefits of Artificial Intelligence How is AI Used in Accounting? In fact, ChatGPT wrote the above description: Can AI Replace Accountants?

Account 96

Account accountant accounted Technology 96

MyIRSRelief

APRIL 14, 2023

He has a track record of success in resolving complex tax disputes and has saved his clients millions of dollars in taxes, penalties, and interest charges. Mike Habib’s areas of expertise include tax audit representation, tax debt relief, tax planning, and tax preparation services.

Tax 147

Tax tax preparation audit payroll 147

Withum

APRIL 11, 2022

While some taxpayers and tax preparers may continue to receive notices over the next few weeks, there is no need to call or respond if the return was timely filed. Note that Form 990-Ts filed by pensions and individual retirement accounts are due the 15 th day of the 4 th month (April 15 th for a calendar year-end) following year-end.

tax return 122

tax return tax preparation Education Tax 122

Going Concern

SEPTEMBER 1, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Check out this week’s top remote accounting candidates. Check out this week’s top remote accounting candidates. P.S. We’re off for Labor Day, hope you are too.

Account 109

Account accountant accounted audit 109

CPA Practice

AUGUST 29, 2023

Here are the rules and expectations: Candidates should be working in the accounting field, or supporting the field (public, private, tax preparation, consulting, academia, government) and have not turned 40 as of September 1, 2023. Nominations for the 2023 Awards are now open. Click here to go to the free nomination form.

CPA 59

CPA tax preparation Education public accounting 59

CPA Practice

FEBRUARY 8, 2024

The IRS warned that scammers are posing as tax software providers and requesting EFIN documents from tax professionals under the guise of a required verification to transmit tax returns. Please provide a copy of your EFIN Account Summary from IRS e-Services, with a status of ‘Completed’, to Software B for verification.

Hawaii 124

Hawaii Alaska Arizona Tax 124

Basis 365

MARCH 30, 2023

ARE ALL ACCOUNTING SERVICES THE SAME? COMPARING DIFFERENT ACCOUNTING PARTNERS CAN BE LIKE COMPARING APPLES AND ORANGES. ACCOUNTING SERVICES (OR OFFERINGS) ARE NOT ALL THE SAME. BREAKING DOWN THE DIFFERENT ACCOUNTING PARTNERS YOU MAY BE CONSIDERING AND WHICH ONE IS RIGHT FOR YOU. DON’T OVER- OR UNDER-HIRE.

accrual accounting 52

accrual accounting Account accountant accounted 52

Ryan Lazanis

JULY 11, 2023

Do you want to attract top-tier talent for your staff accountant position? One of the things you must have is a compelling and comprehensive staff accountant job description that showcases what you can offer. Table of Contents The Strategy for a Good Staff Accountant Job Description What Does a Staff Accountant Do?

accounting jobs 40

accounting jobs accountant jobs accounts jobs Account 40

CPA Practice

FEBRUARY 27, 2024

By Crystal Blythe, IDology Once upon a time, tax preparation was a document-heavy practice, requiring people to send their sensitive documents to their CPAs. This lack of visibility and explainability is especially problematic for high-stakes work like tax preparation. Those days are long gone.

cpas 69

cpas Tax tax preparation Technology 69

ThomsonReuters

APRIL 25, 2024

When filing tax returns, it’s important to report all income sources accurately. How to stay up to date on retirement tax changes What is Form 5329? The IRS uses this tax form to report additional taxes on qualified retirement plans, including individual retirement Accounts (IRAs) and other tax-favored accounts.

tax return 52

tax return income tax Tax Education 52

MyIRSRelief

OCTOBER 16, 2023

Educator Expenses Discover deductions available to teachers for out-of-pocket classroom expenses. Job-Related Expenses Explore miscellaneous deductions, such as unreimbursed job-related expenses and tax preparation fees. Tax Credits for Individuals 3.1. Popular Individual Tax Credits a. Lesser-Known Tax Credits a.

Tax 130

Tax income tax Education tax return 130

MyIRSRelief

FEBRUARY 1, 2023

Currently not collectible: If you are unable to pay your 941 payroll debt due to financial hardship, you may be able to request that the IRS place your account in currently not collectible status, which means that the IRS will suspend collection action until your financial situation improves. if you do not pay your tax debt.

Tax 147

Tax tax return cpas audit 147