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New Sole Proprietors, LLCs, and Corporations Need Accounting and Tax Services

MyIRSRelief

You don’t have a lot of money to spend on accounting and tax services. The truth is, accounting, taxes and bookkeeping are essential for all businesses, regardless of size or age. Accounting and bookkeeping help you track your income and expenses so you can see where your money is going. To comply with tax laws.

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Is Business Rent Tax Deductible?

inDinero Tax Tips

Is business rent tax deductible? Yes, business rent is tax deductible under qualifying circumstances. As part of our ultimate guide to business expenses and tax deductions , this article will run through different types of rental tax deductions, who qualifies, what to avoid, and ultimately how to claim the deduction.

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How Does Online Bookkeeping Work?

xendoo

Small business owners around the world are migrating to cloud-based bookkeeping software to keep their financial records and reports organized and accessible. Even with the help of bookkeeping software, it takes financial expertise to put the data into context and use it to make informed decisions.

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Accounting software specialist bright launches brighttax, a new cloud-based tax and compliance product

Accounting Insight

Accounting software specialist, Bright, has launched its new cloud tax and compliance product at Accountex 2023. The launch of BrightTax offers a new answer to the desire from the accounting industry to adopt cloud-based software which combines secure and essential tools with an enjoyable user experience.

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Bookkeepers and vendors await the final of the ICB LUCA Awards

Accounting Insight

We wish all our bookkeeper finalists the best of luck” The LUCA Awards also recognises supporting partners in the bookkeeping industry. A host of software vendors are acknowledged in categories ranging from Data & Expenses app of the Year to Tax & Accounts production and – of course – bookkeeping software.

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Tech, transparency and automation: tips to start the new financial year off right

Accounting Insight

The end of the tax year often begins with relief. Relief the tax return deadline has been met (we hope) and has passed you by. Accountants and bookkeepers can now look ahead to the new tax year. But as the days get brighter, so too can your bookkeeping in the coming year. What can I do this year to improve?

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How to Prepare Your Practice and Your Clients for MTD for Income Tax: In conversation with Edwards Greene

Accounting Insight

At Accountex Summit Manchester, Dorcas Mbwiti, Senior Product Manager at Wolters Kluwer Tax & Accounting UK took the opportunity to talk to Sarah Davy, Partner at Edwards Greene. A: I’ve been involved in tax for 20+ years on the private client side of things. Q: As a firm, how are you preparing for MTD for Income Tax?