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Connecting Timekeeping with Practice Management for Law Firms

KROST

KROST CPAs and Consultants, a tax, accounting, and consulting firm based out of Los Angeles, has launched KROST Business Intelligence (KBI) , offering dynamic insights into realization, staff utilization, project turnaround, and more. Pasadena, CA. Ricky Yau, CISSP , Director.

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Making Tax Digital for Income Tax Self Assessment: Our guide to Unique Taxpayer Reference numbers

Xero

A UTR is a 10-digit number that helps HMRC to identify you or your business, enabling them to find your tax account and match your payment with your bill. Meanwhile, self-employed people under the Construction Industry Scheme (CIS) will need a UTR number to register for a tax refund. What is a UTR number?

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HMRC Business Enquiry/ HMRC Corporate Enquiry

Accounting Insight

A large business tax enquiry / corporate tax enquiry is carried out by HMRC’s ‘Large Business’ directorate and ‘Wealthy & Mid-sized Business Compliance’ directorate. Remember, a corporate tax enquiry is not routine, despite what HMRC may suggest. What is a business tax enquiry / hmrc corporate enquiry ?

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2022 Year-End Tax Planning Checklist

Withum

Contact a member of Withum’s Tax Services Team to start planning as year-end approaches. Year-End Tax Planning for Businesses. The corporate tax rate is currently a flat 21% rate. Expansion of small businesses that are able to use the cash (as opposed to accrual) method of tax accounting.

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Top 10 Common Accounting Interview Questions with Answers

Simple Accounts

Work in Progress: The partially finished or products under construction waiting for completion. List out a few common accounting mistakes from a company’s side . You must be aware of new changes in tax, accounts, etc. Are accounting and auditing the same? Example: A half-assembled automobile .

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