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Refresh Your Finances: Spring Clean Your Bookkeeping to Prep for Your Next Fundraiser

Shay CPA

If you know you’re going to undertake a new round anytime in the near (or not so near) future, it’s well worth putting in the energy to get everything tidied up and organized. Organize according to GAAP If you’ve been following our blogs, you’ve probably seen this come up before. This doesn’t just apply to your abode. Easy, right?

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Taking Aggressive Tax Positions in Light of the Expected IRS Hiring Binge

Withum

Thanks to the Inflation Reduction Act the IRS is hiring thousands of new field agents and examiners. Before this new funding, taxpayers of all stripes and income brackets enjoyed a period of very low audit rates due to the IRS’s shrinking workforce, which further exacerbated the audit statistics. 10 Troublesome Tax Schemes.

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How are S corporations taxed? Tips for filing and reducing taxes as a pass-through entity

ThomsonReuters

However, shareholders who incur out-of-pocket expenses related to the business cannot be deduct them on their tax return. Instead, an expense claim form must be submitted to the S corp, which pays the shareholder back. Jump to: How are S corporations taxed? How can S corporations reduce their taxes? How are S corporations taxed?

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7 Accounts Payable Trends in 2024

MineralTree

Despite the start of a new year and promises of rate cuts on the horizon, MineralTree’s 8th Annual State of AP Report revealed that many of these trends and hurdles aren’t fading away — they’re evolving. This blog takes a deeper dive into 7 accounts payable trends that will help shape 2024.

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7 reasons why you need to continually train and and educate your employees

Reckon

Recently, I sat down with Sam Allert (CEO of Reckon) to pitch some upcoming blog stories, and our conversation took a turn to one of his passions: staff training and education. After that, employees are expected to perform the duties demanded by their role and pick up on the job any skills they might lack. This is a mistake!

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Budgeting for 2024 for Your Tech Company

Shay CPA

With the new year about to roll around, it’s time to employ that same level of care. The R&D tax credit lets companies reduce their tax liability by as much as $500,000 for qualified research expenses. And you should know: salaries for people engaged in research can count as a qualified research expense. How did that happen?

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Spring Cleaning: How Organizing Your Bookkeeping Now Can Get You Ready for Your Next Fundraise

Shay CPA

If you know you’re going to undertake a new round anytime in the near (or not so near) future, it’s well worth putting in the energy to get everything tidied up and organized. Organize according to GAAP If you’ve been following our blogs, you’ve probably seen this come up before. This doesn’t just apply to your abode. Easy, right?