ThomsonReuters

DECEMBER 11, 2023

Accounting for tax equity investments Implementing ASU 2023-02 Accounting professionals with equity investor clients who are involved with projects to receive income tax credits and other income tax benefits need to have a clear understanding of the proportional amortization method (PAM), especially in light of recent changes.

income tax 52

income tax accounting standards Non-Profits accounting and finance 52

CPA Practice

FEBRUARY 3, 2023

Treasury is changing how it defines a sport utility vehicle Friday after car companies lodged complaints that some vehicles were wrongfully being boxed out of new electric vehicle tax credits. Under new federal tax credits, SUVs, trucks and vans can cost up to $80,000 and still qualify for a $7,500 credit.

Tax 95

Tax Washington Sports Transportation 95

ThomsonReuters

DECEMBER 19, 2023

Jump to: What are the tax credits available for electric vehicles? How does the electric vehicle tax credit work? What are the tax credits available for electric vehicles? The credit equals 30% of the sale price up to a maximum credit of $4,000. Purchases made before 2023 don’t qualify.

Tax 52

Tax Colorado accounting and finance tax return 52

CPA Practice

APRIL 24, 2023

Register Today Receive 1 hour of free CPE credit for participating in this live webcast. Field of Study: Accounting Receive 1 hour of free CPE credit for participating in this live webcast. Learn more at concur.com or the SAP Concur blog. Please click here to log in. Program level: Basic (no prerequisites required).

Technology 80

Technology AP Processes Indiana CPA 80

Xero

OCTOBER 1, 2023

This could be anything from the personal information of staff and customers, to confidential business information like sales and inventory records, credit cards and banking information, or account credentials used to access company systems. The post How to think like a cyber criminal to protect your business appeared first on Xero Blog.

Start-ups 111

Start-ups Account accountant accounted 111

ThomsonReuters

FEBRUARY 26, 2024

Another important piece to success is setting up policies, both formal and informal. Heath also credits being a mom as a factor that helped her make her practice a success. Since then, she has regular team meetings and has even planned retreats with her staff, describing this change as one of the cornerstones of her success.

CPA 98

CPA South Dakota Nebraska Tax 98

ThomsonReuters

APRIL 18, 2024

However, the individual can receive a credit from the state of residency. She strongly advises that employers should have a policy that employees report changes to a hybrid work location since such changes may have implications for the employer. She explained the term “convenience of the employer” is a misnomer.

payroll tax 52

payroll tax Tax payroll Connecticut 52

ThomsonReuters

SEPTEMBER 7, 2023

Jump to: Qualifying for the dependent care credit What is a dependent care FSA? Eligible expenses for the dependent care tax credit include daycare, babysitters, nannies, day camps, and similar care services. When does a dependent have to file their own taxes?

Tax 52

Tax income tax tax return tax preparation 52

ThomsonReuters

DECEMBER 19, 2023

Current ESG tax credits and initiatives What are the benefits of an ESG tax strategy? Accountants play a critical role in helping their clients navigate ESG tax credits and green taxes. Blog For more information on claiming green tax credits, see our guide to environmental IRS forms. What are green taxes?

Tax 52

Tax Account accountant accounted 52

PYMNTS

DECEMBER 9, 2020

This includes building a governance framework to evolve technical, policy, compliance, security and operational standards for the issuing and use of fiat digital currencies and stablecoins.” . Cuy Sheffield , head of the crypto at Visa, said this is the first business card that will make the balance of USDC available for spending.

B2B 103

B2B Government Account accountant 103

ThomsonReuters

SEPTEMBER 12, 2023

It could also be left to the discretion of revenue officers to conform to the policy of the reciprocating state. It should also be noted that if an employee is living and working between states that do not have a reciprocity agreement in place, they may be eligible for a credit for taxes paid to other states.

Indiana 98

Indiana Montana Pennsylvania income tax 98

ThomsonReuters

NOVEMBER 11, 2021

Additional steps could include internet search tools, commercial locator services, credit-reporting agencies, information brokers, investigation databases, and similar services charging a fee. Following written policies and procedures for handling missing participants, and documenting actions taken, should help ensure consistency.

audit 98

audit Account accountant accounted 98

Basis 365

JUNE 1, 2023

In this blog, we will delve into the common accounting mistakes made by marketing agencies and explain how outsourcing accounting companies can help prevent them, ensuring accurate financial management and peace of mind for these agencies. Your outsourced accounting team should perform regular account reconciliations to prevent this mistake.

Account 97

Account accountant accounted financial statements 97

ThomsonReuters

JANUARY 21, 2021

HHS responded that it had focused only on certain policies in the proposed regulations to expedite publication of final regulations. For more information, see EBIA’s Health Care Reform manual at Section XXI (“Exchanges, Qualified Health Plans, and Premium Tax Credits”). Contributing Editors: EBIA Staff.

Tax 109

Tax Account accountant accounted 109

Snyder

OCTOBER 27, 2022

This blog will teach you how to receive payments on Etsy , both including and apart from PayPal. This blog is a part of a series dedicated to the most popular e-commerce marketplaces’ payment solutions. Credit and debit cards. Etsy Gift Cards and Etsy Credits. Using Etsy PayPal payment option. Etsy Apple Pay.

E-commerce 98

E-commerce accounting and finance Tax Sales 98

PYMNTS

OCTOBER 5, 2020

Reuters reported the Mountain View, California-based tech company said it will enforce the global policy more strictly, including a 30 percent commission fee for in-app purchases from Indian developers starting on March 31, noting it is mindful of local needs and concerns. We do not succeed unless our partners succeed.”.

California 77

California Government 77

Nancy McClelland, LLC

APRIL 7, 2023

Everyone who reads my blog or works with me knows I’m a vocal proponent of the cooperative structure as a sustainable and enriching alternative to classic shareholder business models. Field of Study: Taxes Program Level: Basic CPE Credit: 1.5 She has assisted cooperatives from inception throughout their corporate life.

Agriculture 98

Agriculture CPA Virginia Education 98

ThomsonReuters

JULY 6, 2023

Whether it’s advising on residential energy tax credits or restructuring a partnership, your knowledge and expertise beyond the tax return are valuable. They can search for tax deductions and credits, reduce your taxable income, or increase your tax refund. appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Tax 98

Tax tax return income tax audit 98

ThomsonReuters

JANUARY 7, 2021

As noted in FAQ 104, although the Consolidated Appropriations Act, 2021 (see our Checkpoint article ) extended the availability of federal tax credits for employers that voluntarily provide FFCRA leave until March 31, 2021, it did not extend the requirement to provide leave. That requirement expired on December 31, 2020.

Tax 69

Tax Account accountant accounted 69

ThomsonReuters

SEPTEMBER 23, 2021

The regulations adopt the proposed monthly federal Exchange special enrollment periods for individuals whose household income does not exceed 150% of the federal poverty level, but limit special enrollments to periods when the individuals’ “applicable percentage” is zero for purposes of calculating the ACA’s premium tax credits.

Tax 52

Tax Account accountant accounted 52

Xero

FEBRUARY 5, 2023

Amid stubborn global inflation, tightening monetary policy and ongoing energy and supply chain impacts, it’s important for small businesses to look at how they’re managing their cash flow. At the same time, suppliers are requesting earlier payments to remain within credit insurance limits. View CommBank’s current interest rates.

accounting and finance 69

accounting and finance Finance Management Consulting Start-ups 69

CPA Practice

APRIL 11, 2023

the financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, recently launched the Intuit QuickBooks Small Business Index , a new monthly indicator of employment and hiring among small businesses in the U.S., Intuit Inc.,

quickbooks 98

quickbooks Rhode Island New Hampshire Vermont 98

ThomsonReuters

FEBRUARY 6, 2024

It is typically collected at each stage of the supply chain and may qualify for input tax credits at the early stages of the supply chain. Like VAT the consumer bears the GST, and input credits can be applied at early stages. appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Tax 52

Tax income tax Manufacturing corporation tax 52

Snyder

AUGUST 19, 2022

If, for example, you have quality informational blogs that backup your business expertise, you don’t want them missed and lose valuable SEO visibility that will attract more customers to your store. Are you thinking that a set of legal policies won’t make a customer more or less likely to buy from you? About Us’ Page.

E-commerce 52

E-commerce Legal Sales Finance 52

ThomsonReuters

JANUARY 30, 2023

Storey noted that as public policy leaders, employers turn to state legislators for assistance. Table of contents: Minimum wage Paid leave Tax credits Unemployment Earned wage access Pay transparency Tipped workers Worker classification State-run retirement plans Work scheduling 1. The District of Columbia will be joining them soon.

payroll 105

payroll Hawaii West Virginia Oklahoma 105

PYMNTS

APRIL 5, 2019

Dozens of cybercriminal groups have found a home on Facebook , using the platform’s online marketplace to sell illegal services such as stolen credit card information, as well as account theft and spamming tools, according to Cisco Systems’ Talos security unit.

Account 76

Account accountant accounted 76

PYMNTS

SEPTEMBER 29, 2020

Credit unions of various sizes were eager to roll out credit card innovation plans before the COVID-19 pandemic’s onset. Many CUs’ credit innovation plans ground to a halt when the health crisis began, however. Credit Innovation Planning Reset . Meeting Customers' Credit Needs. The report also revealed that 66.7

California 56

California Texas Finance 56

ThomsonReuters

MAY 6, 2021

The regulations codify HHS policy recognizing the complete cessation of employer COBRA contributions or government subsidies (such as the ARPA COBRA premium subsidies (see our Checkpoint article )) as triggering a special enrollment period for individual market coverage both on or off an Exchange. COBRA and Exchange Special Enrollment.

Manufacturing 52

Manufacturing Government Tax Account 52

PYMNTS

MARCH 28, 2019

According to a report in CNBC , citing the lawsuit, the government agency wants damages for anyone who was hurt by the advertising policies of the social media giant. Facebook recently overhauled its policies, but previously employers and landlords were able to choose audiences for ads based on race, gender, and ethnicity.

Real Estate 40

Real Estate Government 40

ThomsonReuters

APRIL 19, 2022

Depending on your firm’s structure, this could mean opening later or closing earlier, taking a half-day on Fridays, or setting a policy of “no-meeting Fridays.” Allowing your staff to earn the necessary credits during office hours will also remove the stress of trying to get them done on their days off.

business tax 98

business tax Tax Sports Account 98

ThomsonReuters

JULY 7, 2021

if the employer qualifies for the full FUTA tax credit) on a certain amount of employee wages each year. Notable provisions included: paid sick and family medical leave, the employee retention credit and deferral of the employer portion of Social Security taxes. COBRA Premium Assistance Credit. They are as follows: Worksheet 1.

payroll 59

payroll Tax income tax payroll tax 59

PYMNTS

FEBRUARY 15, 2018

13) that it disabled the ability for customers to add new credit cards as a payment method for those in the U.S. In recent weeks credit card companies have said they are banning the use of their cards to purchase digital tokens. With more exchanges selling bitcoin, there is an increased risk of fraud for the credit card companies.

Account 41

Account accountant accounted 41

PYMNTS

NOVEMBER 4, 2020

The Emburse Cards come integrated with spend policy controls, the company noted, and are looped to a platform allowing for professionals to create physical and virtual cards for employees. Spend management FinTech Pleo has rolled out a new platform for users' mobile devices aimed at consolidating data from spend on Pleo credit cards.

AP Automation 64

AP Automation Expense Reimbursements Spend Management accounts payable 64

CPA Practice

APRIL 19, 2023

the financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, recently launched the Intuit QuickBooks Small Business Index , a new monthly indicator of employment and hiring among small businesses in the U.S., Intuit Inc.,

quickbooks 64

quickbooks Rhode Island New Hampshire Vermont 64

Ryan Lazanis

APRIL 13, 2022

For example, if you write blog posts, what are the steps involved to create that blog post? Luckily, this workflow is an easy one to master if you have the right pricing and billing policies in place. Your marketing efforts should be no different than any other task in your accounting firms. Employee Recruitment.

Account 88

Account accountant accounted accounting firms 88

inDinero Accounting

FEBRUARY 28, 2022

Credit: Towfiqu Barbhuiya. In this blog post, we hack through the weeds to give you the information you need to know as a business owner. Transactions on Credit: This doesn’t mean payments with a credit card. Credit: Kelly Sikkema. Your accounting method will affect several things. What is Cash Basis Accounting?

accrual accounting 52

accrual accounting Account accountant accounted 52

ThomsonReuters

DECEMBER 22, 2022

Consistent with policy finalized in the 2022 benefit and payment notice (see our Checkpoint article ), HHS has announced that the maximum annual limit on cost-sharing for 2024 is to increase to $9,450 for self-only coverage and $18,900 for other than self-only coverage (the 2023 limits are $9,100 and $18,200).

Tax 52

Tax Account accountant accounted 52