CPA Practice

APRIL 17, 2023

And now, the results are in: IN-FIRM TECHNOLOGIES Federal/State Income Tax Preparation Insight : As was true in every year of voting, the tax prep system category is always the most voted-on, with nearly all respondents selecting a preferred system. WINNER: TheTaxBook – Tax Materials Inc.

quickbooks 130

quickbooks payroll Technology audit 130

Going Concern

FEBRUARY 26, 2024

National Review wins for best headline : The PCAOB has released EY Canada’s latest inspection report, they got a D : Big Four accounting firm Ernst and Young had multiple deficiencies in half the audits inspected by the Public Company Accounting Oversight Board in the United States in 2022. deficiencies). million.

audit 57

audit Mississippi auditor tax return 57

CPA Practice

JULY 27, 2023

Harbert College of Business and Justin Robinson from the College of Sciences and Mathematics , founded the Birmingham, Alabama-based company in 2018 and have grown it into a trusted service-based tax business.

Tax 94

Tax tax preparation Alabama Technology 94

Going Concern

JANUARY 26, 2024

News Pride Toronto repaying over $505K after federal grant controversy [ CBC ] Pride Toronto is repaying just over $505,000 in grant funding after an accounting firm found the organization could not prove that it completed several projects despite receiving $1.85 million from the federal government.

Account 116

Account accountant accounted audit 116

Going Concern

FEBRUARY 16, 2024

The Conflict Surrounding Work-Life Balance in Public Accounting Firms [ CPA Journal ] For years, the public accounting sector has been characterized by high employee turnover. In the past few decades, public accounting firms have implemented work-life balance practices as part of their attempts to curb excessive turnover.

Real Estate 103

Real Estate Iowa audit CPA 103

CPA Practice

JANUARY 24, 2023

Working with a third-party accounting firm allows business leaders to focus on these important business functions. Outsourcing also helps ease worries and provide operators with comfort in knowing year-end tax preparation will go smoothly, and all accounting records will comply with Sec. Decreased employee cost.

Account 40

Account accountant accounted income tax 40

CPA Practice

AUGUST 15, 2023

Ann Campbell , CPA CIA, joined Drake Software in 2021 as a Tax Software Trainer. She is a Certified Public Accountant licensed to practice in California and North Carolina with many years of experience as a tax preparer using Drake Tax®.

Tax 52

Tax North Carolina Indiana CPA 52

ThomsonReuters

OCTOBER 12, 2023

Jump to: What is foreign income? How to report foreign income What is Form 1099-DIV? Tax implications for owning property abroad What is FATCA? Helping clients with foreign income tax forms For U.S. citizens living abroad or earning income from foreign sources, questions often arise on how the U.S.

Tax 40

Tax tax return income tax Real Estate 40

xendoo

OCTOBER 20, 2021

Outsource accounting services can help you stay up-to-date on your books, compliant with regulations, and firmly in control of your company’s financial future. With that in mind, here are some of the reasons why you should consider partnering with an online accounting firm. Forensic accounting. Managerial accounting.

Account 98

Account accountant accounted bookkeeping 98

Withum

APRIL 27, 2022

The accounting system is the basis for reports that must be provided to grant agencies, prospective donors, lenders, its independent auditors, tax preparers, the Board of directors and management. . A memo of all findings should be prepared and presented to the board of directors. .

general ledger 119

general ledger audit auditor accounting and finance 119

Accounting Today

AUGUST 30, 2023

Whitman Transition Advisors, an advisory organization for accounting firms, made a strategic investment of an undisclosed amount in Tax Titans, a veteran-owned company that operates an online marketplace connecting small businesses and qualified tax professionals.

Tax 123

Tax accounting firms Account accountant 123

MyIRSRelief

FEBRUARY 1, 2023

Form 941, also known as the Employer’s Quarterly Federal Tax Return, is a form used by employers to report their federal tax liabilities, including federal income tax, social security tax, and Medicare tax withheld from employee paychecks. How to resolve employment 941 payroll taxiety problems?

Tax 147

Tax tax return cpas audit 147

Going Concern

JANUARY 5, 2024

Big 4 Big Four Reshape Consulting Workforce, Strategy With Rare Layoffs [ Bloomberg Tax ] The Big Four accounting firms have leaned into their tech advisory work and data analytics services—areas ripe for revenue growth—as interest rates and the artificial intelligence boom reshaped demand for consulting services.

tax return 106

tax return Virginia accounting and finance audit 106

Ryan Lazanis

OCTOBER 24, 2022

This is pushing accountants like you to ditch hourly rates in favor of a new pricing strategy and method, which sometimes creates confusion about how to set your accounting services fees. Though this has presented difficulties in pricing for accountants. At times, it may be an option to have a hybrid approach at your firm.

Account 98

Account accountant accounted bookkeeping services 98

CPA Practice

JUNE 8, 2023

With the time freed up due to automation, your firm can now use its increased bandwidth to grow to scale its client base while keeping its services the same or pivoting its services from traditional accounting to financial advising, allowing you to raise your prices and the quality of your services.

Technology 98

Technology Tax cpas cpa firm 98

Going Concern

JULY 21, 2023

News Battle accountancy firm urges others to offer opportunities to Ukrainian professionals after successful placement [ SussexWorld via Yahoo! KPMG has said it would co-develop cloud and AI-based products for its employees and its clients—a five-year investment that the firm projects could return as much as $12 billion in revenue.

audit 94

audit Tax Manufacturing Government 94

LyfeAccounting

JUNE 2, 2021

Want to Know How to File an Amended Tax Return? As an accounting firm, we’ve filed our fair share of amended tax returns. In today’s post, we’ll be going over when to amend your taxes and the 5 steps to actually amend your taxes. A complete guide to amending your tax return. Let’s dive right in!

tax return 52

tax return Tax accounting and finance tax preparation 52

LyfeAccounting

AUGUST 10, 2021

Other than taking the standard deduction or itemized deduction, there is very little that the average taxpayer can do to lower their income taxes… …outside of contributing to a retirement account to defer taxes until a later date. While for our accounting firm, it might be technology and software.

Real Estate 52

Real Estate Tax tax return tax preparation 52

CPA Practice

AUGUST 16, 2023

So what do you think our tax preparer friends need to know? You know, you don’t want to be a foot you don’t want your your your firm to be a footnote in a in a publication about what could go wrong to accounting firms. So, you know, Brian, I know that you’ve got some background in this as well. j away FTC.

Technology 96

Technology tax return Tax Start-ups 96