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Why Hiring a Tax Pro Boosts Your Small Business (and Saves You Money)

MyIRSRelief

Navigating complex tax codes, understanding specific forms like 1120, 1120S, and 1065, and ensuring compliance can feel like deciphering ancient scrolls. Here’s where a qualified business tax professional becomes your secret weapon. This article dives deep into the critical role of tax professionals for small businesses.

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The Importance of a Month-End Close Process

Withum

While the inclination can often be to consider the cleanup of accounting records to be an annual process, there are real benefits to a business in having a month-end close process. Once a company has created a month-end close process for closing the books, management will be able to see how useful this can be in running a business.

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Professionals on the Move – Nov. 2023

CPA Practice

Bookkeep Names Accounting Veteran Alison Ball as Vice President of Marketing and Communications Bookkeep, the leading accounting automation platform for ecommerce and retail, today announced the hiring of Alison Ball as Vice President of Marketing and Communications.

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VARC Solutions Helps Clients Outsource Sales Tax Compliance

CPA Practice

Robin Hall saw these business challenges growing in the late 1990s, so she created a firm designed to help other small businesses with operational management. It’s now a nationally recognized outsourced bookkeeping provider, offering certified ProAdvisors across several QuickBooks versions and other solutions.

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Friday Footnotes: A Billion Dollar AI Audit Startup; Oops, All Independence Violations!; Bipartisan Tax Vote | 2.2.23

Going Concern

Paul McNab, formerly tax partner for 22 years, is challenging a key clause in the firm’s retirement plan that denies pension payments to partners – which are worth around $140,000 a year – if they leave to work for a “major competitor”. In the middle of a busy tax season, it would only take a few seconds—and just one click.

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