Going Concern

OCTOBER 27, 2023

They also expressed doubt IRS would deliver on its promise to not increase audits on those making less than $400,000 per year, promising to hold IRS Commissioner Danny Werfel accountable. “My noting the Democrats’ signature tax and climate law “dumped” $80 billion into IRS accounts.

CPA 83

CPA auditor accounting and finance audit 83

CPA Practice

OCTOBER 20, 2023

AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. Among the warning signs, businesses should be wary of vendors that require large, contingency fees and those who fail to sign the amended payroll tax returns.

cpas 52

cpas CPA Education audit 52

CPA Practice

OCTOBER 19, 2023

AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. Among the warning signs, businesses should be wary of vendors that require large, contingency fees and those who fail to sign the amended payroll tax returns.

cpas 52

cpas CPA Education audit 52

Going Concern

JANUARY 19, 2023

As part of his plea agreement he had to forfeit the Tesla and the contents of 21 bank accounts, as well as liquidate his cryptocurrency, and remit funds back to the U.S. Umoren owned and operated Universal Tax Services, a tax preparation business based in Las Vegas, which he used to engage in two separate fraud schemes.

Tax 62

Tax tax return Gambling tax preparation 62

xendoo

SEPTEMBER 28, 2021

In order to help, the team at Xendoo has created this guide to tax prep for small businesses. Our goal is to make sure that you have the tools you need to appropriately file your tax return this year. Due to the unprecedented challenges of 2020, the IRS extended the traditional income tax filing deadline to May 17, 2021.

tax preparation 52

tax preparation Tax income tax bookkeeping 52

inDinero Accounting

JANUARY 9, 2023

Accountants’ specialized knowledge can support your startup business in many ways. As a result, the first few years may see negative returns, and hence no income tax liability. However, this doesn’t mean you shouldn’t concern yourself with taxes. All of these should be managed and handled by your accountant.

Account 52

Account accountant accounted accrual accounting 52

inDinero Accounting

JANUARY 9, 2023

If your startup is relying on the person who’s best at numbers for your accounting, you can be setting yourself up for failure like: Misinterpreting cash flows. Becoming a certified public accountant (CPA) takes years of higher education (150 credit hours) and success in an exam as well as continuing education requirements.

Account 52

Account accountant accounted accrual accounting 52