inDinero Accounting

OCTOBER 16, 2023

Fortunately, with the help of indinero’s accounting services for small businesses , it doesn’t have to be so difficult. Nevertheless, there are about half a dozen SBA-backed loans, and they’re all designed to assist small businesses that may not qualify for traditional bank financing. What Is an SBA Loan?

tax return 97

tax return Real Estate Non-Profits income tax 97

Going Concern

JANUARY 19, 2023

The IRS Criminal Investigation unit has released its top cases for 2022 and in it we get reality TV personalities, a rogue tax preparer, some garden variety PPP fraud, and even a former decathlete with his own Wikipedia page. Burnell did not report any of the money he received from victims in 2011 or 2012 on his income tax returns.

Tax 60

Tax tax return Gambling tax preparation 60

LyfeAccounting

APRIL 8, 2021

of all individual tax returns. Judging by the numbers… …it’s clear that returns reporting higher incomes are looked at a bit more closely by the IRS as the ability to benefit from large tax deductions and credits increases. Claiming Large Losses From Gambling. You owe taxes on the gain.

audit 59

audit Gambling tax return Tax 59

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 75

Technology Colorado audit cpa firm 75

LyfeAccounting

JULY 1, 2021

But in 1931, Capone was found guilty of 22 counts of federal income tax evasion and was convicted to 11 years in federal prison, in addition to $215,000 plus interest due on back taxes. You see, despite publicly displaying his wealth, Capone never filed a Federal tax return. If not, you may owe taxes on the benefits.

Tax 52

Tax Gambling tax return income tax 52

ThomsonReuters

OCTOBER 12, 2023

From understanding what foreign income is to navigating various tax forms and deductions, it is important for accountants to understand the ins and outs of U.S. federal income tax return ( Form 1040 ). tax return. Who needs to file Form 2555?

Tax 40

Tax tax return income tax Real Estate 40

LyfeAccounting

MAY 18, 2021

million dollars in PPP funding for the business Cars Direct and used fraudulent tax forms to support his application. Once approved, he is accused of transferring the funds to his personal bank account and buying over 30 cars with the awarded PPP funds. Brooks applied for 1.5 Let’s unpack this. Hotels and Louis Vuitton.

Florida 71

Florida tax return Washington Maryland 71