CPA Practice

AUGUST 18, 2023

Date: Thursday, September 28, 2023 Time: 2 PM EDT / 1 PM CDT / 11 AM PDT / 6 PM GMT Sponsor: SafeSend Duration: 1 Hour Receive 1 hour of free CPE credit for participating in this live webinar. Already registered for this webinar? A veteran of accounting journalism, she also speaks at many accounting events, trade shows, and webinars.

Technology 52

Technology Indiana Michigan E-commerce 52

CPA Practice

AUGUST 15, 2023

Date: Tuesday, September 12, 2023 Time: 3 PM EDT / 2 PM CDT / 12 PM PDT / 7 PM GMT Sponsor: Drake Software Duration: 1 Hour Receive 1 hour of free CPE credit for participating in this live webinar. Already registered for this webinar? Click here to log in. Gail Perry is the editor-in-chief of CPA Practice Advisor.

Tax 52

Tax North Carolina Indiana CPA 52

ThomsonReuters

JULY 6, 2023

If you’re a leader within an accounting firm, you’ve likely heard of advisory services and their lucrative impact. This trend is picking up pace as traditional accounting firms seek more strategic and meaningful work that goes beyond just tax returns. But what accounting advisory services should your firm offer?

Account 98

Account accountant accounted tax return 98

ThomsonReuters

JULY 6, 2023

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. But what does accounting advisory mean and how can your firm take advantage of this unique opportunity to showcase your knowledge and build deeper relationships with your clients?

Account 88

Account accountant accounted tax return 88

CPA Practice

FEBRUARY 16, 2023

Date: Tuesday, May 23, 2023 Time: 2:00 PM ET / 1:00 PM CT / 11:00 AM PT / 6:00 PM GMT Sponsor: SafeSend Duration: 1 Hour Already registered for this webinar? The height of tax season is often the time when firms feel the impact of inefficiency. Register Today Receive 1 hour of free CPE credit for participating in this live webcast.

Technology 52

Technology Tax Indiana CPA 52

ThomsonReuters

JUNE 4, 2024

In today’s fast-paced business landscape, accounting firms face constant pressure to increase efficiency, upskill staff , and meet increasing client demands. When it comes to tax research, it also opens the door to instant access to guidance on tax law and related analysis, transforming the way your staff approaches their work.

accounting firms 52

accounting firms Account accountant accounted 52

Xero

JUNE 4, 2024

We’ve put a lot of consideration into creating simplified plans with bundled tools and features, to help solve your most important accounting and people management tasks. Find out more about the plans and what’s included for small businesses and for accountants and bookkeepers.

bookkeeping 98

bookkeeping payroll accounting basics tax return 98

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. What this means for you: Until your EFIN is verified, you will be unable to transmit returns. 12 and running each day next week.

Hawaii 124

Hawaii Alaska Arizona Tax 124

Nancy McClelland, LLC

MARCH 6, 2022

I often write and speak about my experiences as a co-op accountant, and how challenging it was to become an expert in the field with so few resources. For anyone in the field or looking to get into it, I strongly recommend a membership , which gets you into all of these webinars below at no extra charge. Click here for more info.

Agriculture 52

Agriculture Account accountant accounted 52

CPA Practice

APRIL 22, 2024

Host Informative Workshops: Organize free, educational workshops on financial wellness, tax planning, or small business accounting. Enhance Social Media Engagement: Share helpful summer tax tips, reminders for quarterly taxes, or fun posts about your team enjoying summer activities.

accounting firms 52

accounting firms Account accountant accounted 52

Churchill-Knight

DECEMBER 13, 2021

If you are required to submit a self-assessment tax return for the 2020/21 tax year, it’s recommended you file it before Christmas – to ensure you’re well within the deadline of the 31st January 2022. This blog explains more about the importance of beating the deadline, and we explain who needs to complete a tax return.

tax return 40

tax return Tax accounting standards Account 40

Mark Lee

OCTOBER 17, 2023

When accountants ask me how they can distinguish themselves from their immediate competition, I remind them that whilst the work output may be much the same (in terms of accounts and tax returns), the service, style, approach and fees may be very different. to be transferred into your account.

Account 94

Account accountant accounted tax return 94

Xero

APRIL 30, 2024

We’ve put a lot of consideration into creating streamlined plans with bundled tools and features, to help solve your most important accounting and people management tasks. Find out more about the plans and what’s included for small businesses and accountants and bookkeepers.

bookkeeping 98

bookkeeping payroll accounting basics tax return 98

Xero

MARCH 18, 2024

The measure impacts sole trader and partnership clients who use their own accounting year for Income Tax reporting. Going forward, you’ll need to report the profits clients generate in the tax year on their Income Tax Return, instead of the profits they generate during their accounting year.

income tax 75

income tax tax return Non-Profits bookkeeping 75

TaxConnex

SEPTEMBER 26, 2023

Even though the marketplace is collecting and remitting the tax on their platform, these sales need to be accounted for to determine whether you’ve reached economic nexus thresholds. Managing the process Calculating sales tax. All this data needs to come together to file the sales tax return.

Sales 199

Sales Tax South Dakota Colorado 199

TaxConnex

MARCH 24, 2022

Even though the marketplace is collecting and remitting the tax on their platform, these sales need to be accounted for to determine whether you’ve reached economic nexus thresholds. Some states may let facilitators opt out of marketplace facilitator laws if they comply with other tax reporting. Gross receipts ?can Other points.

South Dakota 171

South Dakota Nevada Missouri Minnesota 171

ThomsonReuters

FEBRUARY 9, 2024

Tax planning shift s: If passed, this legislation necessitates advising clients on restructuring executive compensation and exploring alternative tax strategies. Also, the act addresses the use of optical character recognition (OCR) software. What does this mean for my firm?

Tax 110

Tax tax return Technology income tax 110

CTP

NOVEMBER 16, 2023

The accounting landscape is changing rapidly. The American Institute of Certified Tax Planners (AICTP) offers a full-service solution to developing CAS in your firm focusing on the specialization of tax planning. Dominique has developed a set of keys to unlock the doors to your ideal tax business.

tax planning 98

tax planning Tax Account accountant 98

TaxConnex

OCTOBER 12, 2023

Step by step Due diligence will typically involve a trull review of the target company’s tax background, including all returns, audit history and accounting method. Sales tax should get extra attention if the two companies are in different industries. Click here to download our ebook, “How Sales Tax Impacts M&A.”

Sales 113

Sales Tax audit tax return 113

TaxConnex

NOVEMBER 18, 2021

It’s a real problem: Almost one in four attendees of the recent TaxConnex webinar on managing prior-period liabilities was not confident in the difference between economic and physical nexus. If you are not registered with a state and not collecting and filing sales tax returns, then you are not protected by a statute of limitations.

Sales 175

Sales Tax Non-Profits audit 175

ThomsonReuters

DECEMBER 20, 2021

Now that tax season is approaching, you may find yourself contemplating the upcoming season and whether you’d be happier as the owner of your own accounting firm. From tax software geared toward small firms to curated news and insights for firm owners, the barriers to starting your own CPA firm have never been lower.

accounting firms 52

accounting firms Account accountant accounted 52

Going Concern

FEBRUARY 9, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. My buddy from undergrad works office security at one of the Big 4 accounting firms in Midtown.

Technology 86

Technology Colorado audit cpa firm 86

ThomsonReuters

OCTOBER 28, 2021

Note that this relief is not available for employers whose federal tax returns are under examination with respect to cafeteria plan benefits for any cafeteria plan year in which there was a failure to comply with the limit on health FSA salary reductions. appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

income tax 97

income tax tax return Tax Account 97

ThomsonReuters

NOVEMBER 2, 2023

In this blog post, we will summarize the key insights from our recent webinar with industry experts Allen Stahl and Will Hosek , who discussed the future of tax automation and how to elevate your firm’s efficiency and accuracy. This can lead to improved profitability, client satisfaction, and staff retention.

Technology 52

Technology Tax tax preparation tax return 52

Nancy McClelland, LLC

APRIL 16, 2023

(c) Nataliya Vaitkevich via Pexels I used to find it annoying when a client would forward me an article about a tax deduction or credit, to make sure I would take it on their tax return. Yet we often see this benefit overlooked on tax returns, especially when S-Corp shareholders pay for their insurance through work.

Tax 52

Tax tax preparation tax return cpas 52

CPA Practice

JULY 27, 2023

How can AI make you a more effective and efficient accountant? Likewise, if you have an active CAS (Client Accounting Services) practice, consider what AI could do for you and your clients in this area. What’s a strategy to get that job done? Auditing : Audit engagements require meticulous planning, execution, and review.

Technology 98

Technology audit Education accounting and finance 98

ThomsonReuters

JANUARY 28, 2021

The IRS has released an updated version of Publication 502 for the 2020 tax year. Publication 502 describes the medical expenses that are deductible by taxpayers on their federal income tax returns. 1 (“Only Code § 213 Medical Care Receives Favorable Tax Treatment”). Relevant dollar amounts (e.g.,

income tax 52

income tax tax return Tax Account 52

Nancy McClelland, LLC

FEBRUARY 13, 2022

Check out this article — IRS to delay some K-2 and K-3 reporting requirements for partnerships | Accounting Today. The source is #15 in the IRS FAQ on the topic: This Journal of Accountancy article walks through the particular scenario where this relief — only for tax year 2021 — applies. Todd, EA, CPA.

tax preparation 52

tax preparation Tax CPA tax return 52

ThomsonReuters

MAY 19, 2021

I’ll never go over a tax return without the client seeing it. When he does client reviews, he show the client the tax return as he walks though it as opposed to just reading through the document. “We’re Even if you haven’t employed this type of technology with clients before, now’s the time.

tax return 98

tax return Tax Start-ups Technology 98

ThomsonReuters

APRIL 4, 2024

While change is not new to the tax industry, the pace of it is accelerating, and this is creating unique issues, according to Dhananjay Nagalkar, Vice President for Direct Tax products at Thomson Reuters. “We How can we help your tax team? appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Technology 52

Technology Tax tax return Government 52

ThomsonReuters

MAY 6, 2021

Their focus is on taxpayers who omit cryptocurrency income from their tax returns. But this is just the most recent step in the increasing IRS focus on cryptocurrency tax, here’s a brief timeline on past activities: 2021 – Launch Operation Hidden Treasure. Unfortunately for them, that time is past.

cpas 59

cpas tax return audit Tax 59

ThomsonReuters

AUGUST 9, 2022

Find out how organizations are responding to the reinstated and expanded Superfund Excise Tax in our free on-demand webinar. How are the Superfund Chemical Excise Taxes calculated? How does a company report the Superfund Chemical Excise Tax?

Tax 97

Tax Manufacturing tax return Sales 97

Xero

MAY 29, 2024

Find out more about the new simplified plans and what’s included for small businesses and accountants and bookkeepers. There’s no need for manual bank transfers, funding external wallets or accounts, entering credit card details, or exporting payment files. From 12 September 2024, VAT Cashbook will no longer be sold.

payroll 23

payroll bookkeeping accounting basics tax return 23

ThomsonReuters

NOVEMBER 16, 2023

The ideal solution should not only meet the specific requirements of the tax function, but should also encompass accounts receivable (AR) and accounts payable (AP) automation capabilities from a broader business standpoint.

Tax 59

Tax Technology AP Automation accounts payable 59

ThomsonReuters

FEBRUARY 8, 2022

When you seek to win new tax clients, it’s best to start at the beginning. 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.

Tax 105

Tax Entertainment payroll bookkeeping 105

ThomsonReuters

AUGUST 5, 2022

Watch our free on-demand webinar, Building a business case for indirect tax automation. The overall cost of integrating ONESOURCE Indirect Tax into Composite Co. Forrester also built in an additional 5% risk adjustment to account for potential differences in cost, raising the total estimated implementation cost to $873,600.

Technology 52

Technology Tax E-commerce accounting and finance 52

ThomsonReuters

DECEMBER 20, 2020

Companies of all sizes are facing sales tax compliance obligations that are more complex than ever. So how do you determine if you have a sales tax obligation in multiple states? Want to learn more about how to handle a complex sales tax obligation in a post-Wayfair world?

South Dakota 72

South Dakota Sales Tax E-commerce 72