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Using an Income Tax Preparation Service: Is It Worth the Cost?

MyIRSRelief

When it comes to tax season, many people are faced with the decision of whether to prepare their own taxes or use an income tax preparation service. While it may seem like an added expense, there are many benefits to using a professional tax preparation service that make it well worth the cost.

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Beyond tax season: creating revenue stability year-round

ThomsonReuters

If you spend a lot of time hiring temporary employees just to help with tax season, you could be missing out on a lot of potential talent—those employees who are looking for long-term positions. Tax accountants who only need office space for a few months out of the year must spend a lot of time before tax season looking for good options.

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How to Expand a Business to Another State

CPA Practice

Wayfair case in 2018, expanding a business to make sales in another state establishes economic nexus for your clients and extends their compliance requirements. Sales tax regulations and economic thresholds vary by state, so ensure your client knows what is expected. Paying Employees in Another State.

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Tips and tricks for property investment accounting

Xero

Rental income tax: If you earn rental income, you’ll need to pay tax on it, calculated according to your tax bracket. Capital gains tax (CGT): Taxes on investment property in Australia are typically calculated based on the capital gain or loss made from a property sale.

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Practical Tax Season Tips For Construction Business Owners

Randal DeHart

We know that construction businesses have unique tax considerations that can be tricky to navigate, such as complex accounting and bookkeeping challenges and issues related to payroll and sales taxes. But don't worry; we're here to help!

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Top Remote Accounting Freelancers of the Week: November 16, 2023

Going Concern

Top Freelance Accounting Candidates of this week: PT/FT Tax Contractor | Candidate ID #F19022786 Years of tax experience: 6 years of tax experience Hours available per week: 20-40 Tech Stack: ProConnect, Pro-Series, UltraTax and Go and Pro System Prefer Individual or Business Clients: no preference Business Return Experience: most comfortable with (..)

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The Small Business Guide to Revenue vs. Profit

xendoo

Revenue, also known as gross sales, is the total amount of money your business brings in through sales of products or services. . For example, you’d find your annual revenue by adding up the total sales for the year. It would only include the income derived from your business’s primary activities. What is Revenue?