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What Does A Tax Extension Mean For You?

Nancy McClelland, LLC

It’s that time again… Tax Day is upon us and millions of taxpayers will need to have their returns extended for various reasons. The AICPA has released a “Tax Extension FAQ” for CPA members to share with their clients. This extends the due date for submitting your individual return to October 15. •

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How Xero can support you with Basis Period Reform

Xero

In Xero we’ve improved how you adjust your financial year-end settings. To see the latest changes check out this article – setting up your organisation’s financial settings. We explore how to prepare for Basis Period Reform and how Xero can support you. Why is the new basis period coming into place?

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How Do You Start a Dropshipping Business? Start Dropshipping: A Beginner’s Guide

Snyder

More and more people are shopping online. You guessed it! There are more opportunities today to start selling online successfully than ever before. How can you find a dropshipping niche? What are the best products to sell online? Are you in? Why start a dropshipping business? How does it work?

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Best Tax Preparation Software for Small Business: What Tax Software to Choose?

Snyder

The biggest tax season challenge for a small business is tax preparation and filing. Most SMB owners fall into the trap of putting off taxes until the last minute because they don’t have professional tax accounting software backing them up. You can start with something simple. What is tax software?

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A Guide to Navigating Taxes in the Gig Economy

Ronika Khanna CPA,CA

Airbnb Task based platforms e.g. taskrabbit or pet sitting services E-commere selling e.g. ebay, Amazon and affiliate programs Writing/Blogging which generates revenue either by selling articles to publications or via ads on their website Virtual assistants, online surveys, tutoring etc. What is the Gig Economy?

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Auditing in Accounting: What it is and how it works

ThomsonReuters

The primary role of an accountant is to handle a variety of tasks including tax preparation, financial planning and audits. . Essentially, the work completed by an accountant is certified by an auditor. . This opinion provides insight into whether the company’s reports and financial statements are accurate and reliable. .

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Latest product news — August 2022

Xero

This means you won’t be able to use them from 31 July 2023. However, we’ll be introducing lots of resources over the next year to help you make the switch. Find out why now is a great time to try new reports. We have also created eight new common format reports (two for each of the above reports) to help get you started.

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