ThomsonReuters

MARCH 20, 2025

With these capabilities, your firm can move from reactive tax compliance to proactive tax planning ensuring you remain ahead of the curve and ready to advise clients on the latest developments. Manual data entry and disjointed systems create bottlenecks that can slow down tax preparation and increase the risk of errors.

Tax

ThomsonReuters

DECEMBER 4, 2024

Filing individual income tax returns can be a complex process, but with the right workflow, professional tax preparers and accounting firms can streamline the experience for both clients and staff. Harnessing technology for individual income tax return filing can transform the efficiency of accounting firms.

tax return

Accounting Today

JULY 25, 2025

Danielle Lee Managing Editor, Accounting Today mailto linkedin Practice management Career moves PCAOB MORE FROM ACCOUNTING TODAY Technology Tech news: SmartVault plans AI document management tool Plus, Pipe launches AI agents for small biz; Wolters Kluwer divests its Finance, Risk and Regulatory Reporting unit; and other accounting tech news.

Rhode Island

ThomsonReuters

JUNE 4, 2025

With the ability to automate compliance tasks, streamline workflows, and improve client service, the benefits of adopting advanced tax preparation software are clear. Many small and medium-sized firms continue to rely on outdated tax preparation methods that hinder efficiency and scalability. Lets take a look.

cpa firm

Going Concern

JANUARY 17, 2025

TAX CANDIDATES FTE Tax | Candidate ID #23772188 Certifications: CPA in process, EA Education: BBA Accounting and Finance Experience (years): 8+ years experience in tax accounting.

Real Estate

Accounting Today

JULY 25, 2025

Tasks once performed by junior staff — data entry, reconciliations, audit sampling, basic tax preparation — are increasingly automated. All rights reserved. EDT 4 Min Read Facebook Twitter LinkedIn Email The accounting profession is a prime example of how AI is reshaping entry-level roles.

Technology

Going Concern

JANUARY 30, 2025

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting Senior / Manager | Candidate ID #23710075 Certifications: CPA Education: BS Accounting Experience (years): 25+ years accounting experience Work experience (detail): 10+ in public accounting 20+ years tax preparation and review Full cycle accounting, finance, tax and advisory Family office, HNWIs (..)

Real Estate

Accounting Today

JUNE 10, 2025

Why lawmakers ought to adopt a simple reform that would raise revenue and make the Districts business tax system fairer. Tax Talk: ( [link] ): OBBBA wont be so beautiful for foreign persons if IRC Section 899 becomes reality. All rights reserved. Institute on Taxation and Economic Policy ( [link] ): As the D.C. Virginia – U.S.

tax preparation

Accounting Today

JULY 21, 2025

After a successful engagement with Arvo for the R&D tax credit process, we are now also using them for help with other business tax advice, and they have become one of our most trusted partners." All rights reserved.

Technology

Accounting Today

JUNE 9, 2025

At the same time, so-called pass-through businesses in the service sector are pushing to remove a provision in the House bill that limits their ability to claim SALT deductions. All rights reserved.

Tax

Accounting Today

JUNE 27, 2025

The massive tax and spending package is the legislative centerpiece of Trumps economic agenda. The Senate version makes permanent individual and business tax breaks enacted in 2017, while adding temporary new breaks for tipped and overtime workers, seniors and car-buyers. All rights reserved. The measure would also avert a U.S.

Tax

Accounting Today

JUNE 18, 2025

The House-passed bill raises the cap for federal deductions for state and local taxes to $40,000 from $10,000. The Senate draft version makes permanent three business tax breaks and that could boost the economic growth effects. All rights reserved.

Technology

MyIRSRelief

MARCH 29, 2024

In the bustling city of Whittier, California, businesses face a myriad of tax-related challenges that can significantly impact their operations and financial health. From business tax preparation to dealing with unpaid back taxes and navigating complex audits, the tax landscape can be daunting.

California

MyIRSRelief

JANUARY 16, 2023

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.

tax preparation

MyIRSRelief

OCTOBER 3, 2022

There is a substantial amount of time you have to file your taxes, but the process can seem hefty. With the help of Los Angeles tax services firms, you can receive information on your tax return, the amount you owe, and various resources for tax preparation service.

tax services

MyIRSRelief

DECEMBER 15, 2022

Our Los Angeles based tax firm, led by Mike Habib, EA, represents and helps business taxpayers get compliant with tax & accounting service, contact us today at 1-877-78-TAXES [1-877-788-2937]. What is income tax preparation service? What is business tax preparation service?

tax accountant

Canopy Accounting

JANUARY 20, 2023

There are many interesting changes in business taxation for the 2023 season! Since tax planning for businesses is an important part of our practice, there are several things we need to be aware of.

business tax

MyIRSRelief

JUNE 23, 2023

Let’s explore some of the key areas where their expertise shines: a) Tax Preparation: Enrolled Agents possess an in-depth understanding of tax laws and regulations. b) Tax Planning: Enrolled Agents provide strategic tax planning advice to minimize tax liability and optimize financial outcomes.

Tax

MyIRSRelief

NOVEMBER 3, 2023

They must pass a comprehensive three-part exam covering individual and business tax returns, adhere to ethical standards, and complete 72 hours of continuing education every three years. This rigorous training ensures that they are well-equipped to help taxpayers navigate complex tax issues.

Tax

xendoo

FEBRUARY 23, 2022

In addition to considering how much an accountant costs , you’ll also want to consider how long an accountant will take to do taxes compared to trying to do it yourself. How do you know when to bring in a tax professional? How Much Time Does it Take an Accountant to Prepare Taxes? State or local property tax.

tax preparation

CPA Practice

JUNE 24, 2024

Tax Preparation Checklist: A comprehensive list of documents and information needed from clients for tax preparation, such as income statements, expense receipts, and previous tax returns. Year-End Tax Planning Checklist: A tool for clients to prepare for year-end tax considerations and planning strategies.

accounting firms

Snyder

NOVEMBER 10, 2022

The biggest tax season challenge for a small business is tax preparation and filing. Most SMB owners fall into the trap of putting off taxes until the last minute because they don’t have professional tax accounting software backing them up. What is tax software? Online tax preparation + IRS forms.

tax preparation

xendoo

JANUARY 31, 2022

The IRS Schedule C is used by sole proprietors and single-owner LLCs to report your small business taxes and is part of your personal tax return. We understand that business taxes can seem confusing, if not overwhelming. In this instance, the couple will use two Schedule C forms when filing small business taxes.

tax preparation

CPA Practice

JANUARY 25, 2023

Founded in 1991, Archambault & Associates offers a wide range of services for both individual and fiduciary clients, including those addressing personal, estate, gift, trust and business tax matters.

Massachusetts

MyIRSRelief

MAY 1, 2024

Navigating complex tax codes, understanding specific forms like 1120, 1120S, and 1065, and ensuring compliance can feel like deciphering ancient scrolls. Here’s where a qualified business tax professional becomes your secret weapon. This article dives deep into the critical role of tax professionals for small businesses.

Tax

xendoo

SEPTEMBER 10, 2021

Online bookkeeping services provide a simple, elegant solution that can save you time, money, and the headaches you get from trying to juggle the needs of your small business! . Corporate tax preparation . Some business owners are leery of outsourcing their sensitive financial data to an online company.

bookkeeping

SkagitCountyTaxServices

DECEMBER 8, 2021

But the calendar waits for no business, and time is getting short to plan your moves. Year-End Business Tax Strategy for Skagit County SMB Owners “We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” – Winston Churchill.

business tax

MyIRSRelief

OCTOBER 16, 2023

Popular Individual Tax Credits 3.2. Lesser-Known Tax Credits Tax Deductions for Businesses 4.1. Business Expense Deductions 4.2. Depreciation Deductions Tax Credits for Businesses 5.1. General Business Tax Credits 5.2. Industry-Specific Tax Credits Maximizing Your Tax Benefits 1.

Tax

MyIRSRelief

APRIL 29, 2024

By providing a combination of tax planning, bookkeeping, and financial guidance, they empower small businesses to thrive, focusing their energy on what they do best – innovation, growth, and serving their customers. Get business tax & bookkeeping help by contacting us today!

Tax

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

LyfeAccounting

NOVEMBER 4, 2020

Sole proprietorship small business tax filings are actually the same as single-member LLCs. For tax purposes, there isn’t a difference between the two and they require the same tax forms filed and taxes paid. Form Schedule C is not actually a separate business tax return. Partnerships. Corporations.

business tax

ThomsonReuters

JULY 6, 2023

Let’s take a look at what tax advisory is and how you can take advantage of this approach to serving clients. What are tax advisory services?

Tax

xendoo

SEPTEMBER 28, 2021

More complex services, such as tax planning and catch-up services, will require additional time and attention. Advanced services such as tax planning and preparation also tend to be cyclical. Business tax preparation. Tax filing. Personal tax preparation. Catch-up services.

bookkeeping services

LyfeAccounting

MARCH 16, 2021

According to a recent KPMG report , you can take a full deduction for business meals provided by a restaurant. So for those of you filing your business taxes for 2020 , you will not be able to take a full deduction on your tax return. We offer various tax services so be sure to get in touch with us today at 470-240-1437.

Tax

MyIRSRelief

NOVEMBER 19, 2021

That’s why so many people choose to hire a tax preparer/ EA, Attorney, CPA, they don’t want the hassle of doing it themselves, and they trust an expert to handle their business. Tax credits to look out for. Earned Income Tax Credit (EITC). Small-business tax credits.

Tax

MyIRSRelief

APRIL 22, 2024

Tax Preparation and Planning: Looking beyond immediate problems, Mike Habib can help prevent future issues. He offers ongoing tax preparation services and can develop personalized tax plans to minimize your tax burden and ensure future compliance. Peace of Mind: Tax problems can be stressful.

Tax

ThomsonReuters

JANUARY 18, 2024

Accountant vs. CPA vs. tax preparer: What are the differences? Accountant vs. CPA vs. tax preparer: What are the differences? Accounting professionals may find that some outside of the profession do not fully understand the differences between an accountant and a tax preparer. So, what are the differences?

Account