ThomsonReuters

FEBRUARY 9, 2024

The purpose of this act is to improve the efficiency and accuracy of tax return processing by requiring certain measures related to scannable codes and optical character recognition technology. Also, the act addresses the use of optical character recognition (OCR) software. What does this mean for my firm?

Tax 110

Tax tax return Technology income tax 110

Cherry Bekaert

JANUARY 10, 2024

The tax credit provides a varying, four-tier incentive depending on the carbon intensity of the hydrogen production pathway. The Department of Energy (DOE) released a white paper describing how to assess lifecycle greenhouse gas emissions associated with the use of electricity in hydrogen production.

Tax 101

Tax Manufacturing income tax tax return 101

ThomsonReuters

FEBRUARY 24, 2023

When filing their personal tax return to the IRS, a partner or shareholder must also file their K-1. There are three different types of K-1 tax forms , which var y depending on the type of business. appeared first on Tax & Accounting Blog Posts by Thomson Reuters. The post What is Schedule K-1?

Non-Profits 59

Non-Profits tax return Tax income tax 59

CPA Practice

JUNE 29, 2023

And so, you know, I start watching the dollars on a trial balance for a business tax return. How many tax returns? White Paper, is it had an amazing appendix called audit architecture map. And it’s like, oh, really the odd I’m thinking quite a few firms aren’t going to swallow Brian F. How many cops?

Technology 52

Technology audit general ledger Start-ups 52

ThomsonReuters

MAY 11, 2023

In addition to reducing manual tasks, automation opens the door to direct collaboration with clients, including the ability to share data and documents directly via private accounts, automatically extract data from client source documents, or easily transfer account balances from integrated business tax preparation software.

Technology 52

Technology payroll tax accounts payable accounting firms 52