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Best Tax Preparation Software for Small Business: What Tax Software to Choose?

Snyder

The biggest tax season challenge for a small business is tax preparation and filing. Most SMB owners fall into the trap of putting off taxes until the last minute because they don’t have professional tax accounting software backing them up. First, try to make the most out of your accounting software.

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Guide to accountant responsibilities

ThomsonReuters

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
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How to streamline accounting processes—a step-by-step guide

ThomsonReuters

Most accountants know that choosing the right accounting technology can boost the ability to serve clients, satisfy staff, and build deeper client relationships.?But But how do you take full advantage of technology to streamline accounting processes? . Standardize your tax workflow. Tax preparation.

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Navigating the Tax and Accounting Profession’s Wave of Retirements

CPA Practice

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
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Intuit Unveils QuickBooks Solopreneur: Empowering One-Person Businesses for Financial Success

SchoolofBookkeeping

The suite of intuitive tools allows users to manage their books all in one place, connect seamlessly to bank accounts, and enjoy a hassle-free setup process. The product comes equipped with tools that track and categorize business trips, ensuring that solopreneurs are tax-ready year-round. Read the full press release here.

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Black Ore Launches with $60 Million in Funding to Bring AI to Financial Services

CPA Practice

Black Ore , an AI platform for financial services, has launched and announced $60 million in financing led by a16z and Oak HC/FT. The platform is SOC-2 compliant and allows accounting firms to upload tax documents and data into a secure, encrypted portal.

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Why The Paper Deluge Doesn't End With Digitization

PYMNTS

With digitization initiatives now fully underway at many organizations, the name of the game, for many firms, is to nix paper. That's particularly true for finance teams like accounts payable , accounting or payroll. Physical documents introduce a trove of friction points for the enterprise. A (Digital) Document Deluge.