ThomsonReuters

JULY 6, 2023

If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns. Whether it’s advising on residential energy tax credits or restructuring a partnership, your knowledge and expertise beyond the tax return are valuable.

Tax 98

Tax tax return income tax audit 98

AdviceForTaxpreparers

JULY 29, 2019

Advice for Tax Preparers Making tax preparers lives easier one blog at a time HOME. Accounting Jokes, Videos, Puns and Humor. by Bill Meador, CPA, JD. If you are going to be an accountant then you have to be able to laugh at yourself. Accounting and CPA Puns. Short Accounting and CPA Jokes.

tax preparation 212

tax preparation Account accountant accounted 212

ThomsonReuters

FEBRUARY 23, 2023

It is how you better understand their goals and develop loyal and profitable relationships. It is time to talk with clients about value, not cost, and make the play for business beyond this year’s tax filing. It is time to talk with clients about value, not cost, and make the play for business beyond this year’s tax filing.

Tax 105

Tax Expense Reimbursements Education Account 105

Airbase

OCTOBER 23, 2023

In the world of finance and procurement, accuracy and accountability are paramount. Three-way match has long been an important control measure practiced by accountants to make sure that what was purchased, what was received, and what was paid are fully aligned. How 3-way matching works. Get a demo How 3-way matching works.

accounts payable 130

accounts payable AP Automation Technology accounting and finance 130

ThomsonReuters

FEBRUARY 23, 2023

It is how you better understand their goals and develop loyal and profitable relationships. It is time to talk with clients about value, not cost, and make the play for business beyond this year’s tax filing. It is time to talk with clients about value, not cost, and make the play for business beyond this year’s tax filing.

Tax 98

Tax Expense Reimbursements Education Account 98

Inform Accounting

JULY 25, 2023

The main residence exemption applies for capital gains tax purposes to the extent that a property is used as the taxpayer’s only or main residence. Where a property is used partly for business and partly as a residence, the relief only applies to that part which is used as a residence.

Maine 52

Maine Tax Sales Account 52

CPA Practice

MAY 15, 2024

Bringing a business to one of the biggest marketplaces can have its advantages — according to Amazon, there are more than 200 million Amazon Prime members worldwide , and Amazon customers buy roughly 7,400 products per minute from U.S. That’s a huge number of Amazon customers their businesses can reach. What are fulfillment centers?

Sales 59

Sales Tax South Dakota Maine 59

ThomsonReuters

JULY 11, 2023

Accounting professionals have long been trusted advisors for their clients. That relationship was shifted into higher gear by the onset of the COVID-19 pandemic as many companies turned to their tax and accounting professionals to help keep their businesses afloat. So how can firms elevate their advisory journey?

tax preparation 75

tax preparation tax planning Tax CPA 75

CPA Practice

SEPTEMBER 22, 2023

a provider of cloud-based tax compliance automation software for businesses of all sizes, has announced new APIs and integrations that were highlighted at Avalara NEXT , its third annual event for developers and partners responsible for building global tax compliance into commerce and business operations. Avalara, Inc. ,

E-commerce 52

E-commerce accounts payable Technology accounting and finance 52

Xero

AUGUST 22, 2023

Our leadership team — including new Chief Product Officer, Diya Jolly — shared the latest enhancements to our platform that will help accountants and bookkeepers grow their practice, help their clients succeed, and get the most out of Xero. If you weren’t able to attend Xerocon Sydney, here’s a recap of the enhancements we announced today.

Hospitality 88

Hospitality bookkeeping payroll Tax 88

Xero

JANUARY 31, 2023

It’s time to switch to new reports If you haven’t made the switch to new reports, we urge you to start moving your work across now , so you have plenty of time to get used to them before the older versions are retired.

payroll 93

payroll income tax Tax tax return 93

ThomsonReuters

MARCH 2, 2023

As accountants, we often get questions or requests from clients that are outside of the scope of our working relationship (i.e., During tax season , these demands can be especially stressful given the large workload and long hours. During tax season , these demands can be especially stressful given the large workload and long hours.

Account 59

Account accountant accounted tax return 59

Xero

SEPTEMBER 8, 2022

Add in the potential challenges that businesses might have incorporating these offerings in the future, it’s no surprise that there are more questions than answers among our community. Enhanced security and more automation of processes along the value chain are just some of the benefits that blockchain technology can bring to modern business.

Technology 98

Technology accounting and finance bookkeeping audit 98

inDinero Tax Tips

NOVEMBER 4, 2021

Even if your books are perfectly accounted for, an IRS audit letter will fill anyone with a sense of dread. However, most businesses are unprepared and need IRS tax audit help. In this article, we will discuss what an audit is, why you might get audited, and how to prepare for an audit. IRS audits can be scary.

audit 98

audit Tax tax return tax preparation 98

xendoo

DECEMBER 6, 2021

Business Resolutions Start Now. The end of the year is a bustling time for small business owners. What steps can be taken to effectively prepare your business for the new year? What steps can be taken to effectively prepare your business for the new year? . Where do you start? Xendoo can give you your time back.

bookkeeping 98

bookkeeping financial statements tax preparation online accounting 98

ThomsonReuters

SEPTEMBER 7, 2023

Jump to: What is the child tax credit? Who qualifies for the child tax credit? How much is the child tax credit? What is the advance child tax credit? What is the difference between the child tax credit and the child and dependent care credit? Who qualifies for the child tax credit?

Tax 52

Tax tax return income tax tax preparation 52

ThomsonReuters

JANUARY 31, 2023

Running a successful accounting or bookkeeping business is more than just working with numbers. And while administrative tasks are critical for keeping your business running smoothly, they can take time and focus away from serving clients. This starts with identifying inefficiencies that are ripe for automation.

Technology 59

Technology bookkeeping Start-ups Account 59

Mark Lee

OCTOBER 17, 2023

When accountants ask me how they can distinguish themselves from their immediate competition, I remind them that whilst the work output may be much the same (in terms of accounts and tax returns), the service, style, approach and fees may be very different. To my mind this is the start of a service guarantee.

Account 94

Account accountant accounted tax return 94

Mark Lee

OCTOBER 31, 2023

The loyalty of current clients Here’s the truth (for most clients of most accountants): Whatever new developments, new opportunities, new tech, new laws or other changes come about in the next few years, very few of your current clients are going to leave you for another accountant. Maybe they wanted tax advice too.

tax return 92

tax return bookkeeping bookkeeping software accounting and finance 92

Xero

JANUARY 22, 2023

This was another fantastic opportunity to tap the wealth of expertise of our council members about emerging trends around responsible data use for small businesses. The main theme of our conversation was how small businesses can level up both their compliance and their digital and data capabilities in the face of growing regulation.

payroll 93

payroll Government accounts payable Tax 93

Ronika Khanna CPA,CA

DECEMBER 7, 2023

The search for the right accounting software can be a time consuming process. A Google search for “ small business accounting software ” yields over 250 million results. COST One of the most attractive aspects of QuickBooks Online (QBO) is you get a fully functional accounting software at a relatively low cost.

accounting software 52

accounting software quickbooks Account accountant 52

Inform Accounting

APRIL 19, 2023

Like many other taxes, inheritance tax (or IHT) allowances have been frozen. Data from HMRC has revealed that Inheritance tax collected between April 2022 and February 2023 totalled £6.4bn, which is £900m higher than the same period last year. How can you reduce your inheritance tax bill?

Tax 52

Tax income tax tax return Government 52

Xero

DECEMBER 13, 2023

The pace of technological change is accelerating and it’s reshaping just about every aspect of how we live, work, socialise and play. To help small businesses and their advisors plan ahead, I’ve looked at separating the hype from reality to uncover the top five technology trends that may impact the small business landscape in 2024.

Technology 88

Technology accounting and finance Education Entertainment 88

Withum

FEBRUARY 7, 2023

This is the 1,058 th blog I have posted in the last 11 years. My first blog was posted on February 7, 2012, and it seems like a long time ago and also seems like yesterday. Posting a weekly blog sort of forces me to think of new ideas to write about. Some of my blog posts are timeless, and I occasionally repost them on LinkedIn.

public accounting 59

public accounting Start-ups Account accountant 59

Inform Accounting

OCTOBER 27, 2022

We all have to pay taxes. But what if we told you there are several strategies you can adopt to help reduce the amount of tax you pay? Because we are sharing six tips to help you save tax and get the most for your money! Hire an accountant First and foremost, we strongly recommend hiring an accountant.

Tax 52

Tax income tax Account accountant 52

xendoo

AUGUST 30, 2021

Bookkeeping is critical to the financial health of every business, but business owners rarely have the time (or desire) to manage it themselves. To take their time back, many business owners choose to outsource their bookkeeping and accounting. So, how do you choose the right financial partner for your business?

bookkeeping services 91

bookkeeping services bookkeeping quickbooks accounting software 91

ThomsonReuters

MAY 17, 2022

While bills have been introduced in Congress to raise the limits back to $20,000/200 transactions, there is no guarantee they will pass. For example, freelancers who make money from Etsy businesses or driving for Uber should have been paying taxes on net business income all along.

Tax 105

Tax tax return income tax Start-ups 105

Xero

JUNE 18, 2023

We’ve made some great progress towards creating a single source of truth for your client data across Xero Practice Manager (XPM), Xero HQ and Xero Tax. Here are our latest updates and what they mean for accountants and bookkeepers in Australia and New Zealand. This often resulted in duplicates, especially for those using XPM.

bookkeeping 79

bookkeeping Tax Account accountant 79

ThomsonReuters

MARCH 26, 2021

Now that tax season is in full swing for many practitioners, you may find yourself questioning if this is the right time to break off and explore starting your own CPA firm. Together, we discuss career paths and the best advice for those looking to rise to individual success within the tax and accounting profession.

cpa firm 98

cpa firm CPA Non-Profits Start-ups 98

ThomsonReuters

SEPTEMBER 8, 2023

Jump to: What are the main types of business ownership? Choosing the right business structure for entrepreneurs Business owners can structure their companies in several different ways , depending on the size of the business, its growth potential, how the business is managed, how the owners want to be taxed, and many other variables.

income tax 75

income tax Tax Legal tax return 75

Ryan Lazanis

APRIL 10, 2022

In this guide, I’m going to outline what the future of accounting looks like for accounting firms and how to best prepare for it in 2022. So if you’re looking to improve your firm in 2022 and keep yourself on the cutting edge of accounting, you’ll love this new guide. Let’s go. New Skills Required.

Account 111

Account accountant accounted Technology 111

ThomsonReuters

APRIL 18, 2023

Cash flow is the lifeline for all businesses and, not surprisingly, is a top concern for many business owners. They rely heavily on cash flow statements and the expertise of their accountant to make informed strategic business decisions. Therefore, cash flow statements must be accurate. billion in cash and equivalents.

accounting and finance 59

accounting and finance accounts payable Finance Account 59

inDinero Accounting

DECEMBER 13, 2021

Running your own business can be rewarding, but it also requires a wide range of skills. One of the most critical aspects of running your own business is accounting. Unfortunately, not every business owner has the energy or knowledge to decide between cash vs. accrual or Netsuite vs. Quickbooks.

NetSuite 104

NetSuite accounting software quickbooks Account 104

Xero

JUNE 20, 2022

Xero partner and accountant Andrew Van De Beek of Illumin8 shares 10 questions every small business should ask their advisor this tax season (and beyond). . When it comes to tax time, small business owners (perhaps, yourself included) typically have a lot of questions for us advisors. Below is my latest roundup.

Tax 75

Tax tax return Government Start-ups 75

ThomsonReuters

FEBRUARY 23, 2023

Miscommunication, unrealistic expectations, and personality differences are bound to surface on occasion, but establishing boundaries early on can help accountants avoid these problems and better manage client expectations. The relationship accountants have with their clients is no different. They don’t view you as a partner.

Account 59

Account accountant accounted Tax 59

Ronika Khanna CPA,CA

FEBRUARY 10, 2023

One of the major ones is ensuring that you are aware of, and fulfill, your tax obligations on a timely basis. In the beginning these tax obligations can seem mystifying and somewhat overwhelming, but once you understand what needs to be done, the enigma surrounding the process dissipates and it tends to become routine.

tax return 52

tax return Tax accounting software business tax 52

Xero

SEPTEMBER 1, 2022

While we were busy connecting with our partners, Xero teams around the world were enhancing the features on our platform. Make adjustments in the Xero Accounting app — Global. Sometimes, there’s a discrepancy between what is received from the bank and the amount on the customer’s bill or invoice. New features.

payroll 86

payroll accounting apps tax return Tax 86