CTP

MARCH 24, 2025

When you hear about the Tax Cuts and Jobs Act (TCJA), typically people are speculating about the future of the tax laws that expire this year. What we hear less about are the tax provisions that were made permanentand that could be beneficial to your business. The Top Three Benefits of NIMS When the U.S.

Tax 52

Tax financial statements accountant accounted 52

CTP

DECEMBER 2, 2024

Tax audits are, unfortunately, a possibility that every taxpayer should be prepared for. Even if you’ve crossed your t’s and dotted your i’s, the IRS does sometimes choose tax returns at random for an audit. This is where the expert assistance of a Certified Tax Planner becomes invaluable.

audit 52

audit Tax auditor tax return 52

CTP

JUNE 9, 2025

That’s the question on everyone’s mind: will Congress renew the expiring provisions from the Tax Cuts and Jobs Act (TCJA), or will they allow some or all of them to sunset in favor of other priorities? For one, you don’t have to go on this tax planning journey alone. Isn’t that unlikely to happen, you may ask?

tax planning 52

tax planning Tax income tax Maine 52

CTP

MARCH 10, 2025

Tax avoidance versus tax evasion: can you name the difference? The distinction is absolutely essential and can mean the difference between tax savings and jail time. Tax avoidance is the term used to describe legal strategies for lowering your tax bill by structuring your transactions so that you reap the largest tax benefits.

Tax 52

Tax Legal audit B2C 52

CPA Practice

MAY 18, 2023

A great example of divisions trending toward automation is tax departments and government agencies. Digital journeys for tax teams While many of the processes that tax teams deal with are good candidates for BPR, in some cases tax administration requirements are driving automation and more digital requirements.

Technology 126

Technology Tax B2C B2B 126

Cherry Bekaert

AUGUST 21, 2024

This growth led to a significant increase in revenue and a nine-figure taxable income, as well as a need for enhanced tax services. The Georgia-based Company partnered with Cherry Bekaert for annual financial statement audit and tax compliance services.

B2C 52

B2C Tax Georgia tax services 52

CPA Practice

APRIL 29, 2024

Cytron Filing taxes for your clients doesn’t have to be a drain on your firm’s time, energy, and resources. Wrestling with sky-high tax season burnout and subpar work-life balance. Redundant and draining tasks that eat away at a tax professional’s time and energy. By Scott H. For many, this is “business as usual” at their firm.

Tax 124

Tax Technology tax return bookkeeping 124

CPA Practice

AUGUST 25, 2024

Yet some states still haven’t clearly defined how sales and use tax applies to digital goods and services. To help you better understand digital products sales tax, this blog will explain: How do you define digital products for sales tax? How do you figure out sales tax on digital products by state?

West Virginia 130

West Virginia Rhode Island South Carolina Tax 130

PYMNTS

DECEMBER 7, 2020

And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand. The company now operates in the U.K.,

Finance 142

Finance B2C B2B accounting and finance 142

CTP

NOVEMBER 15, 2023

Do you feel that you pay too much in tax? The General Accounting Office estimates that Americans over-pay their taxes by almost a billion (yes, that’s billion) dollars each year! That’s why tax planning is gaining in popularity. Some obvious reasons are mistakes or oversights on their tax returns. You’re not alone.

tax planning 111

tax planning Tax tax preparation tax return 111

CTP

SEPTEMBER 16, 2022

By now, everyone has figured out that America’s wealthy and elite are not always avoiding taxes through illegal means. However, thanks to Certified Tax Planners, even a small business owner can get the same huge savings the rich do. MUCH more than an accountant merely reporting your taxes! UNDERSTANDING INCOME LIMITS.

tax planning 98

tax planning Tax tax return Education 98

CPA Practice

MARCH 13, 2024

In the midst of the accounting profession entering a brave new world where digitization of tax and accounting processes is increasingly the norm, it should come as no surprise that the humble invoice is now in the crosshairs of governments around the globe, including the U.S. And in lock step, though behind the curve and less visible to U.S.

double entry bookkeeping 111

double entry bookkeeping Account accountant accounted 111

Accounting Insight

JANUARY 8, 2024

For instance by offering tax incentives on automation innovations that speed up the entire payments cycle. In 2024, businesses will expect the convenience of B2C experiences in B2B, causing a shift in payment options By Sarah-Jayne Martin , ICA Global AR Practice at Quadient Accounts Receivable.

accounts payable 105

accounts payable B2C Technology accounting and finance 105

ThomsonReuters

FEBRUARY 2, 2022

the potential market available to tax and accounting firms is massive. How to market tax and accounting services. To stay up to date on industry news and developments, feel free to sign up for our daily tax and accounting newsletter or explore our continuing professional education for CPAs with Checkpoint Learning.

accounting firms 98

accounting firms Account accountant accounted 98

CTP

JUNE 24, 2022

As part of the tax planning process, business owners looking to sell their S corporation first need to establish whether they are selling the stock or the assets of the business. What is the difference from a tax perspective? Therefore, if you can fail one of the four § 302 tests , your redemption may be eligible for tax exemption.

Tax 98

Tax Non-Profits tax planning Sales 98

CTP

SEPTEMBER 13, 2022

Saving money on taxes could be an excellent solution in this regard. The different ways a business can save money in taxes are discussed below. How to save money on taxes for debt restructuring. Saving money on taxes is one of the best ways to accomplish this. How to save money on business taxes.

Tax 98

Tax California Real Estate accounting and finance 98

CPA Practice

JUNE 20, 2023

a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced the release of 51 newly certified integrations with accounting, ERP, ecommerce, point-of-sale, mobile commerce, and CRM software applications. Avalara, Inc. ,

E-commerce 100

E-commerce Technology NetSuite B2C 100

PYMNTS

NOVEMBER 24, 2020

While the business-to-consumer (B2C) eCommerce boom has arguably already occurred, the global pandemic is introducing a second wave of digital commerce adoption. But this isn't a trend reserved for the B2C space anymore. But this isn't a trend reserved for the B2C space anymore.

B2B 72

B2B B2C Technology Sales 72

CPA Practice

APRIL 30, 2024

Sovos has launched its Indirect Tax Suite, a comprehensive, integrated solution to modernize how companies meet global indirect tax obligations. Nearly 70 percent of global businesses expect their organizations to focus more on tax governance in the next two years ( source: EY ).

Tax 52

Tax Technology B2C accounts payable 52

CPA Practice

MAY 10, 2024

Sovos , a maker of tax solutions for businesses, has launched its Indirect Tax Suite, a comprehensive, integrated solution to modernize how companies meet global indirect tax obligations. Nearly 70 percent of global businesses expect their organizations to focus more on tax governance in the next two years ( source: EY ).

Tax 52

Tax Technology B2C accounts payable 52

PYMNTS

JANUARY 8, 2020

Yet, as Tony Horling, founder and CEO of InTu Mobility , recently told PYMNTS, mPOS technologies designed for business-to-consumer (B2C) payments won’t cut it for multibillion-dollar enterprises that need to accept B2B payments in the field. Benefits For Payers.

B2B 56

B2B B2C Technology accountant 56

PYMNTS

NOVEMBER 4, 2020

As more B2B companies look to deliver B2C experiences through digital channels, they need access to accelerators such as our FastTrack Commerce that can address this customer-driven imperative, quickly and cost effectively,” said Paul Lynch , area vice president and managing director of LiveArea EMEA, according to the release.

B2B 69

B2B B2C Technology Tax 69

PYMNTS

OCTOBER 11, 2019

But along the way, global digital sales also carry a host of regulatory hurdles when it comes to satisfying various tax regimes. When [eCommerce companies] can’t get through the language barrier, the outcome is large-scale tax evasion, whether through ignorance, or whether through deliberate actions across the world.”.

Tax 49

Tax B2C Legal tax return 49

CTP

APRIL 29, 2022

One of the many benefits of working with a tax professional is the guidance they provide in developing tax return positions that substantiate why certain income qualifies for tax-exemption or why you are eligible for a certain tax deduction. This is actually a lower standard than some may assume.

tax preparation 52

tax preparation Tax tax return cpas 52

inDinero Accounting

DECEMBER 1, 2023

We’ll also identify what the IRS officially regards as startup costs, so you can strategically time your expenses to maximize tax efficiency. Our List of Common Start Up Costs Start Up Costs Example Rita’s Doughnut Shop Start Up Costs Tax Treatment: How to Maximize Your Tax Expenses Conclusion Before You Start: How Much Do You Need to Save?

Start-ups 52

Start-ups Tax tax return B2C 52

CTP

OCTOBER 2, 2023

Yet every year countless taxpayers overlook money-saving opportunities in the form of tax credits. Claiming tax credits is a surprisingly underutilized strategy. Currently, there are over 1200 different tax credits available, and unlike tax deductions, these credits provide a dollar-for-dollar reduction to your tax bill.

Tax 52

Tax tax planning Government tax return 52

PYMNTS

JANUARY 25, 2019

In terms of payments technology and alternative lending, B2C and B2B may be respectively seen as digital versions of the hare and tortoise. For those firms seeking access to credit, lenders will often start with the SMB principal’s FICO score or tax returns from the past few years, which can be an inefficient barometer of credit risk.

B2B 63

B2B B2C accounting and finance Finance 63

VJM Global

SEPTEMBER 24, 2024

GST council has also recommended the rollout of e-invoicing for B2C supplies and the introduction of additional features on the GST portal such as RCM ledger, ITC reclaimed ledger, etc. Amendments or clarification on GST Tax Rates: 1.1 TDS of 2% will be applicable on the supply of metal scrap by a registered person in B2B supply.

B2C 52

B2C Transportation Education accounting and finance 52

VJM Global

SEPTEMBER 24, 2024

GST council has also recommended the rollout of e-invoicing for B2C supplies and the introduction of additional features on the GST portal such as RCM ledger, ITC reclaimed ledger, etc. Amendments or clarification on GST Tax Rates: 1.1 TDS of 2% will be applicable on the supply of metal scrap by a registered person in B2B supply.

B2C 52

B2C Transportation Education accounting and finance 52

CTP

AUGUST 3, 2023

However, without advance planning, taxes can subtract a large chunk of your profits. Savvy investors make decisions with the tax implications in mind, and use timing to their advantage to sidestep hefty tax bills. One of the simplest ways to reduce your taxes and improve your profits is to work with a Certified Tax Planner.

Tax 52

Tax income tax tax return tax planning 52

CTP

SEPTEMBER 16, 2022

We are continuing to bust the myth that significant tax savings are only applicable to the rich and wealthy. Countless moderate-income earners are utilizing the same strategies to reduce their adjusted gross income (AGI) and overall tax liability. Tax credits are also available, resulting in an end-of-year refund.

tax planning 52

tax planning Tax Real Estate Education 52

CTP

SEPTEMBER 16, 2022

We are continuing to bust the myth that significant tax savings are only applicable to the rich and wealthy. Countless moderate-income earners are utilizing the same strategies to reduce their adjusted gross income (AGI) and overall tax liability. Tax credits are also available, resulting in an end-of-year refund.

tax planning 52

tax planning Tax Real Estate Education 52

PYMNTS

MAY 1, 2018

And all of this, Rohde told Webster, came about because of a single observation made about four years ago, when a lot of businesses were shopping on Amazon’s B2C marketplace. As a simple example, he said, B2C customers want all their packages delivered at the same speed: fast.

B2B 73

B2B B2C Texas Start-ups 73

CTP

OCTOBER 30, 2024

However, a family office is an expensive setup—even more so since a tax break that used to be available for family offices disappeared. Prior to the Tax Cuts and Jobs Act (TCJA), taxpayers with a family office could write off certain items like investment expenses and tax return preparation fees under “ miscellaneous itemized deductions.”

Tax 52

Tax tax return Real Estate cpa firm 52

CTP

SEPTEMBER 24, 2024

Purchasing an income-producing property may seem like a great financial investment—until you get your property tax bill. How can you offset a substantial tax bill as you simultaneously work to make your property as lucrative as possible? One way is to simply appeal your property tax assessment. Don’t let this deter you!

Tax 52

Tax Manufacturing Government Retail 52

CTP

SEPTEMBER 27, 2024

The latest property tax bills are giving property owners a severe case of sticker shock—especially if they are still in the process of getting a new income-producing property to actually produce income! If you own a commercial property, you may find yourself hustling to cover the cost of your recent tax bill.

Tax 52

Tax Sales tax return Construction 52

CTP

APRIL 11, 2025

Many are underprepared for how best manage their new income, including putting in place a tax strategy that ensures as many of those dollars as possible go toward their future instead of to the IRS. Read on for an overview of key things to keep in mind when it comes to tax planning for student athletes. self-employment tax.

tax planning 52

tax planning Tax income tax Sports 52