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Using Your R&D Tax Credit Against Payroll Taxes

Shay CPA

As you wrapped up the 2023 books for your startup, you probably did some high-level financial review and analysis. Looking over key documents like your profit and loss statement, you get a better idea of what’s driving revenue — and where you’re spending. For most companies, payroll makes up a huge category in the latter.

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7 Accounts Payable Trends in 2024

MineralTree

The past year in finance was riddled with economic uncertainty, accompanied by challenges like staffing constraints and the need to optimize efficiency with limited resources. This blog takes a deeper dive into 7 accounts payable trends that will help shape 2024.

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Artificial Intelligence is Revolutionizing Schedule K-1 (Form 1065)

ThomsonReuters

Each year, more than 40 million Schedule K-1 (Form 1065) are sent to US taxpayers, reporting income and other financial information stemming from their participation in partnerships, S corporations, and trusts. Tax & Tech Talks: How AI and Machine Learning Can Help With K-1s. Watch the entire episode. A Complex Undertaking.

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Monday Morning Accounting News Brief: EY’s Paying Big For the Everest Failure; PwC UK Delays Promotions | 2.12.24

Going Concern

Happy Monday and an early Happy Valentine’s Day to you. Someone you know spoke to NPR’s Marketplace for this story: Some accountants are turning away new customers this tax season Tax filing season is here and if you’ve been putting off finding a CPA, good luck. We get calls all the time saying, ‘Hey, my CPA just retired.

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“What do you do?” – How to avoid giving a boring reply

Mark Lee

Do you ever struggle to make a lasting impression beyond the generic label of being ‘just another accountant’? Sadly loads of accountants’ websites are all but interchangeable – that doesn’t help either of course. Many people have a whole load of preconceptions about accountants. WHAT DO YOU DO?

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How to Start a Business Without Money (2021 Tips & Ideas)

LyfeAccounting

How to start a business without money? Let us start out by being completely real with you. In fact, when we started our first business, the only money one of our founders had was a $250 deposit into a business checking account. Let’s dive straight into the first step on how to start a business without money.

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Top accounting issues in 2023

ThomsonReuters

Ironing out the frequent problems that accountants face can help firms remain competitive, better attract and retain talent, and ultimately drive greater profitability. What are the current issues in accounting? Some of the issues vary by firm — depending on the size of the firm, the resources a firm currently has in place, etc. —

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