Remove accounting and finance Remove cpas Remove tax return
article thumbnail

Navigating IRS Bank Levies, Back Taxes, and Unfiled Tax Returns

MyIRSRelief

When a taxpayer fails to pay their taxes despite repeated notices and warnings, the IRS can issue a levy, allowing them to seize funds directly from the individual’s bank accounts. This can be a sudden and jarring experience, as individuals may find their accounts drained without prior warning. Contact us now.

article thumbnail

Struggle to Retain and Attract Finance and Tax Talent is Peaking, EY Says

CPA Practice

The accounting talent shortage is now at a crisis level within the tax and finance functions, as 70% of CFOs and corporate tax executives say they’re feeling the impact of fewer accountants entering the profession while senior cohorts retire, according to the 2024 EY Tax and Finance Operations Survey.

Finance 104
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Payroll Taxes Demystified: A Breakdown for Accountants and CPAs Serving Business Owners

CPA Practice

As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. Understanding the details of payroll taxes helps you better assist your clients in fulfilling their obligations and maximizing tax efficiency. Filing tax returns and remitting payments on time.

article thumbnail

Los Angeles tax, accounting service

MyIRSRelief

How to fix my messy back-years accounting for my Los Angeles, CA business? If you have messy books for many back years of accounting, it can be overwhelming to try to organize and clean them up. This might include accounting software, a financial calculator, and reference materials such as tax guides or accounting textbooks.

article thumbnail

State CPA Society News and Updates – Oct. 2024

CPA Practice

State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories. The Florida Institute of Certified Public Accountants (FICPA) recently announcedJim Gurowka, CAE, as its new Chief Growth Officer (CGO), effective Sept. She holds a B.S.

CPA 101
article thumbnail

How the Accountant Shortage Is Rippling Through the Startup World

CPA Practice

(TNS) Where have all the accountants gone? Between 1990 and 2021, the number of people sitting for the Certified Public Accountant exam plunged by almost 50 percent , according to the Association of International Certified Professional Accountants. client base for the small business accounting software platform Xero.

Account 124
article thumbnail

The Best Tech for Accounting Firms: The 2024 Tax and Accounting Innovation Awards Announced!

CPA Practice

After voting by the awards committee panel each year, the top five products are presented as winners of the Tax and Accounting Technology Innovation Awards. The publication and online technology resource was founded in 1991 as The CPA Software News , and has evolved technologically along with the profession.