MyIRSRelief

APRIL 29, 2024

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

Tax bookkeeping Account accountant 130

xendoo

SEPTEMBER 10, 2021

Every small business owner should have access to an accountant. A small business accountant can provide guidance at every stage of your company’s development, and they can be invaluable when it comes to tax preparation, succession planning, and more. What to Look for in an Online Accountant.

online accounting 97

online accounting Account accountant accounted 97

CPA Practice

AUGUST 9, 2023

Year-end is right around the corner, which means quarterlies, tax preparation, and more for accounting firms. Review what can be repurposed, e.g., 2022 tax prep tips, regulatory changes (hello meals and entertainment deductions), bookkeeping tips, unique tax situations you can highlight, and more.

tax preparation 98

tax preparation Tax Entertainment bookkeeping 98

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 69

Non-Profits Entertainment accounting and finance accounting degree 69

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

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