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State CPA Society News & Updates – June 2023

CPA Practice

The AICPA Leadership Academy was designed to strengthen and expand the leadership skills of promising young professionals while they network with a peer group of talented and motivated CPAs. Participants were selected from public accounting firms of all sizes, business and industry, government and consulting firms.

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House Passes the Tax Relief for American Families and Workers Act of 2024

LSLCPAs

As the Bill moves to the US Senate in its current draft for passage, the Bill is to provide much anticipated business tax relief, expansion of the Child Tax Credit’s refundable portion, The post House Passes the Tax Relief for American Families and Workers Act of 2024 appeared first on LSL CPAs.

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3 Complex Tax Issues Facing Small Businesses

CPA Practice

KBKG , a provider of tax services for CPAs and businesses, has identified three changes that the IRS has implemented; each one could have strong impacts on businesses.

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How Should a Small Business Owner Plan for Rising Taxes?

CPA Practice

As a certified public accountant, I’m flattered that we’re consulted for a growing range of business needs, including rising taxes. But with the increasing complexity of modern business and regulations, and a worsening shortage of CPAs, the truth is that small business accountants rarely help clients optimize their tax strategies.

Tax 104
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Wait…What? Tax Season All The Way Through October 16th? Please Don’t Wait!

LSLCPAs

Last Friday, the IRS issued IR 2023-33 that extended the date to file individual and business tax returns and pay all amounts due for taxpayers living or operating businesses in certain California counties that have been declared disaster-areas. Tax Season All The Way Through October 16th? appeared first on LSL CPAs.

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How To Fill Out Form 1065

xendoo

While you may pass off your tax return filing to a professional, it’s helpful to understand what’s going on with your business taxes. If you’re a small business owner trying to understand Form 1065 and its requirements, this guide will clear things up for you. As with any business tax form, there are exemptions.

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How To Fill Out Form 1065

xendoo

While you may pass off your tax return filing to a professional, it’s helpful to understand what’s going on with your business taxes. If you’re a small business owner trying to understand Form 1065 and its requirements, this guide will clear things up for you. As with any business tax form, there are exemptions.