ThomsonReuters

AUGUST 2, 2022

With cloud-based technology, you and your staff have the ability to share data and documents directly and securely, automatically extract data from client source documents, or easily transfer account balances from integrated business tax preparation software. How do you attract and retain talent with tax technology?

Technology 98

Technology Tax Non-Profits tax preparation 98

RogerRossmeisl

JANUARY 14, 2021

Starting in tax year 2020, payers must complete this form to report any payment of $600 or more to a payee. For 2020 tax returns, the due date is February 1, 2021. Generally, payers must file Form 1099-NEC by January 31. There is no automatic 30-day extension to file Form 1099-NEC.

California 155

California tax return CPA Tax 155

RogerRossmeisl

DECEMBER 12, 2020

This is true if you expect that the business will incur losses in its early years because shareholders in a C corporation generally get no tax benefit from such losses. Losses that can’t be deducted because they exceed your basis are carried forward and can be deducted by you when there’s sufficient basis.

tax return 138

tax return CPA Tax cpa firm 138

ThomsonReuters

JUNE 15, 2022

Now more than ever, your tax and accounting staff require a robust system or framework that leverages technology so that they can keep up with regulatory developments in a timely manner. Top CPA firms have long understood the need to elevate their staff from being tax preparers to tax advisors.

Tax 98

Tax Technology audit tax preparation 98

Nancy McClelland, LLC

APRIL 5, 2024

to include loads of information that most CPA firms are simply not going to have access to — not only current tax-year payroll information, but prior-year data on a per-employee basis; as well as information on how many employees qualified to participate (whether or not they actually participated), again both in 2022 and in 2023.

tax preparation 52

tax preparation Tax bookkeeping payroll 52

Basis 365

APRIL 28, 2022

You really should review this periodically as laws and tax code do change. The Statistics Surrounding Business Types Your business type determines more than just what business tax return you will file. Legal fees and annual tax return requirements can add up. Sources Carbajo, Marco.

income tax 52

income tax tax return tax planning Legal 52

Ryan Lazanis

APRIL 4, 2022

This will ensure that you only admit the right small businesses into your accounting firm. 4) If you provide tax preparation services, they’re a great way to avoid a crazy tax season. If you’re just starting your own cpa firm, you may not have any, but add some later when you do get them. Processing payroll.

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98

Going Concern

DECEMBER 2, 2022

Writes Edward Mendlowitz, CPA/PFS, ABV: There are many reasons why CPAs decide to leave public accounting firms. Based on my experience, I believe some of these reasons are personal and individual, but far too many of these reasons are caused by CPA firms’ leadership and can be avoided or mitigated.

public accounting 88

public accounting audit Account accountant 88