CPA Practice

MAY 15, 2024

has become a massive challenge for most small and mid-sized businesses. And following dire budget conditions during and following the pandemic, states have greatly increased their sales tax audit activity. About half of our 5,000+ survey respondents reported use of one of the systems noted below.

Technology 119

Technology accounting firms cpas Account 119

MyIRSRelief

APRIL 29, 2024

Understanding sales tax regulations, occupancy taxes, and fluctuating seasonal income is essential for these businesses. Accounting firms can provide crucial budgeting and cash flow management support. Professional Services: LA is a hub for architects, lawyers, accountants, and other professionals.

Tax 130

Tax bookkeeping Account accountant 130

CPA Practice

APRIL 17, 2023

2%) ————– – Sales & Use Tax Exemption Certificate Management Insight : One of the highest sales tax audit risks (after non-compliance) involves management of exemption certificates. Voters were allowed to select more than one, so totals exceed 100%. Although a small niche, about 10% of our voters had a preference in this category.

quickbooks 130

quickbooks payroll Technology audit 130

inDinero Tax Tips

AUGUST 29, 2023

This goes for concert tickets, sporting events, or other forms of entertainment for clients. You want to save every dollar that is rightfully yours, but on the other hand, there’s always the looming question of “What if I get audited?” However, you’ll notice a common theme throughout this list. Personal expenses are not deductible.

Tax 95

Tax Entertainment Real Estate bookkeeping services 95

Snyder

JUNE 20, 2022

So for a small business owner, it’s vital to understand accounting so they can understand their business and also be able to communicate with banks and investors. What is small business accounting? Basic steps in accounting for small businesses. Open a business bank account.

accounting basics 52

accounting basics general ledger Account accountant 52