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How to efficiently file a business tax return: A workflow guide for accounting firms

ThomsonReuters

Filing business tax returns is no doubt an intricate process, but with the right workflow, accounting firms can streamline the process, reduce errors, and ensure compliance. Gather and organize client documents 2. Prepare and review the tax return 4. Review deduction and credit opportunities 3. Let’s take a look.

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Tech news: SmartVault plans AI document management tool

Accounting Today

SmartVault plans release of AI document management solution Document management Sutthiphong - stock.adobe.com Document management solutions provider SmartVault announced the upcoming release of SmartRequestAI, a new tool designed to transform the way firms collect client information and documents during tax season.

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Small Business Tax Deductions 101: What You Can (and Can’t) Write Off

inDinero Accounting

While it provides flexibility, it also demands careful documentation and justification. As we delve into the specifics, remember that tax laws are as dynamic as the business world itself. Table of Contents What Is a Small Business Tax Deduction and How Does It Work? Receipts and records documenting all expenses 2.

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Enrolled Agent Near Me: Comprehensive Tax Services for Individuals and Businesses

MyIRSRelief

If you’re searching for an “Enrolled Agent near me,” you’re likely looking for someone who can provide a wide range of tax services. Get help today by calling us at 1-877-78-TAXES [1-877-788-2937]. Business Tax Preparation Business tax preparation is another critical service offered by Enrolled Agents.

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Offer in Compromise Representation: Expert Tax Resolution with Mike Habib, EA

MyIRSRelief

The OIC process involves submitting Form 656, Offer in Compromise, along with detailed financial statements, supporting documentation, and either a partial payment or application fee. Documentation requirements for OIC applications are extensive and demanding.

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IRS Audit Defense & Representation: Expert Protection with Mike Habib, EA

MyIRSRelief

With decades of specialized experience in tax controversy and audit defense, Mike Habib understands the intricacies of IRS examination procedures and the sophisticated approaches necessary to protect taxpayers from excessive assessments, penalties, and collection actions.

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Tax workflow for accounting firms: Best practices and automation tips

ThomsonReuters

Let’s take a look at what a digital tax workflow is all about and how it can unlock efficiencies for your accounting firm. Jump to ↓ What is a digital tax workflow? What is tax workflow automation? What is a digital tax workflow? Specifically, the key components of a digital tax workflow include: Client data collection.