Ryan Lazanis

SEPTEMBER 19, 2023

The Green Leaf CPA The Green Leaf CPA assists leading marijuana, hemp, and CBD businesses in maintaining compliant accounting, tax, and financial practices. Luminary CPA Luminary CPA is one of the accounting firms that offer personalized tax assistance and on-demand bookkeeping services.

Account 98

Account accountant accounted bookkeeping 98

Going Concern

MAY 2, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Accountingfly can help!

Real Estate 57

Real Estate Account accountant accounted 57

CPA Practice

JANUARY 17, 2023

Foreign qualification is legally registering a business in another state to conduct business. Again, because LLCs and corporations are legally formed in one state, any activity in another requires foreign qualification. Sales tax regulations and economic thresholds vary by state, so ensure your client knows what is expected.

South Dakota 111

South Dakota income tax Legal payroll tax 111

LyfeAccounting

NOVEMBER 9, 2020

And more importantly, what are the tax benefits of choosing an LLC over another entity? In this post, I’m going to explain all of the tax benefits related to LLCs. It is not meant to take the place of legal and accounting advice specific to your business. The tax loopholes associated with LLCs. LLC Tax Loopholes.

Tax 52

Tax CPA tax return accounting and finance 52

xendoo

MAY 16, 2023

The best way to avoid headaches during an IRS audit is to keep accurate business records and bookkeeping year-round , and that includes tracking receipts. Receipts are a paper trail for your business transactions and taxes. Without them, it’s harder to prove your tax deductions and other records are accurate.

audit 52

audit bookkeeping tax return cpas 52

xendoo

MAY 16, 2023

The best way to avoid headaches during an IRS audit is to keep accurate business records and bookkeeping year-round , and that includes tracking receipts. Receipts are a paper trail for your business transactions and taxes. Without them, it’s harder to prove your tax deductions and other records are accurate.

audit 52

audit bookkeeping tax return cpas 52

xendoo

APRIL 27, 2023

Form 1065 is the end-of-year tax form for small businesses that operate as partnerships. So if you registered your business entity as a partnership, you must file the form at the end of your company’s tax year. Form 1065 is a complex tax form with many requirements. As with any business tax form, there are exemptions.

Non-Profits 52

Non-Profits tax return cpas bookkeeping 52

xendoo

APRIL 27, 2023

Form 1065 is the end-of-year tax form for small businesses that operate as partnerships. So if you registered your business entity as a partnership, you must file the form at the end of your company’s tax year. Form 1065 is a complex tax form with many requirements. As with any business tax form, there are exemptions.

Non-Profits 52

Non-Profits tax return cpas bookkeeping 52

Basis 365

APRIL 28, 2022

Choosing your entity type really crosses two disciplines, legal and tax. The legal side of your entity type relates to your legal protection or future equity expectations for the business. We have worked with a tax professional to outline some key considerations for what entity type you should be looking into.

income tax 52

income tax tax return tax planning Legal 52

Going Concern

JANUARY 19, 2024

Leadership PwC Vets Finalists for Top Job as Industry Meets AI, Gen Z Era [ Bloomberg Tax ] PwC’s next leader will confront the challenges of rapidly advancing technology, recruiting and training an evolving workforce, and keeping up with the needs of its core accounting clients. I’m an accountant’s dream.

Arizona 103

Arizona accounting and finance audit auditor 103

LyfeAccounting

DECEMBER 1, 2020

C-corps are taxed once at the company level, and distributions of profits (aka dividends) to shareholders are taxed again on shareholders’ personal tax returns. Fiscal year of the corporation for tax and bookkeeping purposes. Just don’t expect tax or legal advice. Make sense?

bookkeeping 52

bookkeeping accounting and finance Georgia Tax 52

xendoo

JANUARY 26, 2023

As a business owner, you probably know that you should file taxes on time. However, if you’ve fallen behind on taxes, you’re not alone. Over 33% of Americans procrastinate doing taxes until the last minute. Reasons for procrastinating taxes vary. What happens if a business doesn’t file taxes by the due date?

Tax 52

Tax tax return Non-Profits Legal 52

Anders CPA

MARCH 25, 2024

Setting a cash target for your legal practice is like deciding how much extra fuel to carry in your car. Mistake #1: Using One Bank Account for Multiple Purposes Solution: Have an operating account, a cash reserve account, a tax account, and a client trust account. Mistake #2: Taxes?

tax accountant 116

tax accountant accounting and finance Tax Start-ups 116

xendoo

JANUARY 30, 2023

Minimizing your company’s tax burden can help maximize profits. One way of doing this is through business tax credits. Leveraging the right tax credits can save your business thousands of dollars in taxes each year. However, there are many types of business tax credits and the IRS has strict eligibility requirements.

business tax 52

business tax Tax tax return income tax 52

xendoo

JANUARY 16, 2023

Filing taxes as a small business owner can be complex, with numerous factors to consider. From tax law revisions to the overwhelming number of forms, understanding your small business tax rate and how to file can be difficult. Your business entity type and preferred filing status will also affect your tax rate.

business tax 52

business tax Tax income tax payroll tax 52

xendoo

FEBRUARY 13, 2023

If you’re wondering how to pay less in taxes, you’re not alone. Everyone—from individuals to business owners—wants to know how to lower their taxes. Tax laws are complicated and they can change each year. Our tax accountants know all the tax breaks for business owners and how to leverage them.

Tax 59

Tax income tax Non-Profits Legal 59

CPA Practice

AUGUST 17, 2023

Summarizing the survey data he’s seen regarding the current and pending state of generative AI adoption, Oliver noted that 50% of executives stated they are currently using AI in their finance and tax departments already, and 29% say they have plans to do so in the next year. So it was a very manual process to keep tax databases up to date.

accounting firms 98

accounting firms Account accountant accounted 98

Steve Feinberg

NOVEMBER 9, 2021

New Hampshire’s tax burden is low for business owners, and there is no general sales or personal income tax either, making it an attractive prospect for potential employees. Once you have an idea of what your business will do, it’s time to familiarize yourself with the formal and legal process for making your company a reality.

New Hampshire 52

New Hampshire income tax bookkeeping Tax 52

inDinero Accounting

APRIL 9, 2021

At the end of the day, you want to know how an accounting methodology that sounds like more time (i.e., Why recurring revenue needs double-entry bookkeeping. As SaaS revenue streams have become more flexible, double-entry bookkeeping has remained integral to running a subscription business model.

accrual accounting 53

accrual accounting double entry bookkeeping Non-Profits bookkeeping 53

ThomsonReuters

APRIL 18, 2023

Recognition errors: this could occur, for instance, when accounting for leases or reporting compensation expense from backdated stock options. Complex rules related to investments, acquisitions, tax accounting, and revenue recognition. What causes inaccurate financial reporting?

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financial statements accounting standards accounting and finance CPA 52