PYMNTS

AUGUST 20, 2020

Yet financial institutions (FIs) must be deliberate in how they guide their corporate customers through the modernization process and offer products to support digitization. Data is also essential for banks and FinTechs to elevate their anti-fraud and security strategies for corporate clients. Killing Friction With Data.

B2B 104

B2B Start-ups Account accountant 104

Ronika Khanna CPA,CA

JUNE 30, 2023

As an accountant and small business financial consultant, one of the most common areas of confusion and questions by small business corporation owners revolves around how to pay themselves and if one way is preferable to another. You borrow money from the corporation as and when needed. Are salaries tax deductible in the corporation?

tax return 52

tax return Non-Profits income tax Tax 52

MyIRSRelief

MAY 1, 2024

You’re passionate about your product or service, constantly innovating, and striving for growth. They can help you develop tax-saving strategies tailored to your business structure (C corporation, S corporation, or partnership). Running a small business is an exhilarating rollercoaster.

Tax 130

Tax tax planning audit Non-Profits 130

RogerRossmeisl

APRIL 17, 2024

Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. April 15 If you’re a calendar-year corporation, file a 2023 income tax return (Form 1120) or file for an automatic six-month extension (Form 7004) and pay any tax due.

Tax 163

Tax income tax tax return CPA 163

RogerRossmeisl

SEPTEMBER 4, 2023

If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect your assets. An LLC is a bit of a hybrid entity because it can be structured to resemble a corporation for owner liability purposes and a partnership for federal tax purposes.

CPA 236

CPA Tax business tax 236

MyIRSRelief

DECEMBER 1, 2023

C Corporations are a common choice for many businesses, offering a range of tax benefits that can lead to significant savings. This article will answer some of the most frequently asked questions about C Corporation tax savings. What is a C Corporation? How can a C Corporation save on taxes?

corporation tax 130

corporation tax Tax tax planning income tax 130

MyIRSRelief

NOVEMBER 17, 2023

S Corporations are a popular choice for many business owners due to their unique tax benefits. This article will answer some of the most frequently asked questions about S Corporation tax savings. What is an S Corporation? How can an S Corporation save on taxes? S Corporations can save on taxes in several ways.

corporation tax 130

corporation tax Tax tax return Non-Profits 130

Accounting Today

APRIL 4, 2024

Ongoing court cases and questions about whether accountants can actually work on BOI reporting make the Corporate Transparency Act a source of serious confusion.

Account 127

Account accountant accounted accounting and finance 127

RogerRossmeisl

APRIL 24, 2023

Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. April 18 If you’re a calendar-year corporation, file a 2022 income tax return (Form 1120) or file for an automatic six-month extension (Form 7004) and pay any tax due.

Tax 197

Tax income tax tax return CPA 197

CPA Practice

MAY 1, 2024

Ideal FASAC member candidates possess: Experience with and knowledge about the issues involving financial accounting and reporting Skills and experience that complement or augment those within the collective membership of FASAC, or other expertise of value to the FASB. Public or private corporate (preparer) community.

financial accounting 111

financial accounting accounting standards Account accountant 111

Withum

MARCH 2, 2024

In a surprise decision Friday night, a federal district court ruled that the Corporate Transparency Act (“CTA”) is unconstitutional, effectively placing the Beneficial Ownership Information (BOI) reporting on hold. Contact Us Please reach out to Withum’s Tax Services Team if you have any questions about how this may affect your business.

Ohio 140

Ohio Non-Profits tax services Tax 140

RogerRossmeisl

NOVEMBER 17, 2021

Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will work best for you — a C corporation or a pass-through entity such as a sole-proprietorship, partnership, limited liability company (LLC) or S corporation.

income tax 236

income tax CPA Tax cpa firm 236

PYMNTS

JUNE 11, 2018

Corporate treasurers at the Money 20/20 conference recently voiced concerns over a lack of competition in the payment card market, urging competition authorities to look at how key players dominate the space. Reports in Euromoney on Friday (June 8) said corporate treasurers attending the Money/2020 conference, most of them U.S.-based,

Finance 40

Finance B2B 40

RogerRossmeisl

MAY 5, 2022

There have been discussions in Washington about raising the corporate federal income tax rate from its current flat 21%. Another reason may be because you expect your non-corporate pass-through entity business to pay taxes at higher rates in the future, because the pass-through income will be taxed on your personal return.

income tax 210

income tax Washington CPA Tax 210

RogerRossmeisl

APRIL 21, 2022

Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. April 18 If you’re a calendar-year corporation, file a 2021 income tax return (Form 1120) or file for an automatic six-month extension (Form 7004) and pay any tax due.

Tax 238

Tax income tax tax return CPA 238

Cherry Bekaert

MAY 3, 2024

There are many factors that influence business structure design, including if the company is: Publicly held, private equity-owned or closely held Classified as a pass-through or a corporation for U.S. corporations that are expanding into high-tax countries. blocker corporations for U.S. corporate tax on the same income.

Tax 96

Tax income tax Non-Profits corporation tax 96

Acterys

FEBRUARY 20, 2024

February 19, 2024) – Acterys, a leading provider of corporate performance management (CPM) solutions, has been recognized as an accelerator in the 2024 CPM Technology Value Matrix by Nucleus Research. About Acterys Acterys is a global provider of corporate performance management solutions.

Technology 130

Technology Finance 130

Accounting Today

JANUARY 22, 2024

The Internal Revenue Service has revised the question it has asked in recent years about income from digital assets such as cryptocurrency on the Form 1040 for individual taxpayers this tax season and added it for the first time to tax forms for estates, trusts, partnerships and C and S corporations.

Tax 140

Tax 140

Ronika Khanna CPA,CA

MAY 5, 2024

How to Record Deposit of funds by a shareholder into the corporation bank account If the funds have come in to the bank account from the shareholder it can simply be allocated as a deposit or a transfer to the shareholder account (no journal entry necessary). Shareholder loan accounts only apply to corporations.

income tax 98

income tax Account accountant accounted 98

ThomsonReuters

MAY 9, 2024

Jump to: Implications of the Corporate Transparency Act Congressional considerations and proposed solutions Evolving attitudes and potential changes to the Corporate Transparency Act To catch up with the Corporate Transparency Act, read our introductory blog below: Are you ready?

Tax 52

Tax Education cpas Legal 52

RogerRossmeisl

NOVEMBER 19, 2023

If you’re planning to start a business or thinking about changing your business entity, you need to determine what will work best for you. Should you operate as a C corporation or a pass-through entity such as a sole-proprietorship, partnership, limited liability company (LLC) or S corporation? There are many issues to consider.

income tax 100

income tax CPA Tax Start-ups 100

Withum

FEBRUARY 20, 2024

Read more about the alliance and Good.Lab’s capabilities. About Good.Lab Good.Lab is a Sustainability & Environmental, Social and Corporate Governance (ESG) software provider that aims to create a more equitable and sustainable economy. Good.Lab is a 1% for the Planet member, as well as a certified B Corporation.

CPA 119

CPA audit Government 119

Accounting Today

NOVEMBER 30, 2023

Corporate audit committees have been providing investors with a greater number of disclosures about their activities and responsibilities over the past 10 years, but there's still room for improvement.

audit 128

audit 128

Anders CPA

MARCH 5, 2024

The Corporate Transparency Act (CTA) has been declared unconstitutional, putting the newly finalized law in jeopardy. The Northern District of Alabama court sided with the NSBA, writing in conclusion, “The Corporate Transparency Act is unconstitutional because it cannot be justified as an exercise of Congress’s enumerated powers.”

Alabama 111

Alabama Legal Government CPA 111

ThomsonReuters

FEBRUARY 22, 2024

It is inevitable that in the next few years, it will impact – and even transform – how corporate tax professionals go about their work. So, what are the key aspects of AI that are likely to affect the world of corporate tax? Here are the top five AI terms corporate tax professionals need to know: 1.

corporation tax 93

corporation tax Tax Technology audit 93

TaxConnex

NOVEMBER 11, 2022

November 11, 2022 - TaxConnex™ , a technology-enabled sales tax compliance outsourcing provider, shared that they are exhibiting at Thomson Reuters SYNERGY 2022 Conference for Corporate Professionals November 13-16. Thomson Reuters SYNERGY 2022 Conference for Corporate Professionals is in Washington, D.C. Alpharetta, GA.,

Washington 130

Washington Tax Sales tax services 130

CPA Practice

MARCH 12, 2024

A federal district court in Alabama has found the Corporate Transparency Act (CTA), which includes the controversial Beneficial Ownership Information reporting requirements, to be unconstitutional. This case, which concerns the constitutionality of the Corporate Transparency Act, illustrates that principle. Updated March 12, 2024.

Alabama 98

Alabama Government Legal Tax 98

Shay CPA

APRIL 24, 2024

While working in the corporate world provides some serious upside — from the chance to learn from a wide range of people to cushy compensation packages — it can also be a grind. If you’re a finance pro considering transitioning from a corporate role to a small business, we’ve got a few considerations for you.

Finance 52

Finance CPA Account accountant 52

CPA Practice

MARCH 5, 2024

A federal district court in Alabama has found the Corporate Transparency Act, which includes the controversial Beneficial Ownership Information reporting requirements, to be unconstitutional. This case, which concerns the constitutionality of the Corporate Transparency Act, illustrates that principle. Judge Liles Burke, U.S.

Alabama 110

Alabama Legal Government Tax 110

CPA Practice

DECEMBER 14, 2023

Corporate social responsibility. For more information about the 2023-2024 Corporate Equality Index, visit here. To learn more about Grant Thornton’s diversity, equity and inclusion efforts, visit [link]. Grant Thornton joins the ranks of 545 major U.S. businesses that also earned top marks this year.

Education 111

Education audit Tax 111

ThomsonReuters

MARCH 6, 2024

In the corporate tax space, just as the regulatory compliance landscape becomes more challenging and reporting requirements become more demanding, technology is advancing rapidly to crunch vast amounts of data in no time and streamline labor-intensive processes. AI is adept at supporting both.

Tax 88

Tax corporation tax Technology auditor 88

Going Concern

SEPTEMBER 14, 2023

This morning, Thomson Reuters released new research that reveals both corporate tax and global trade departments state they are under-resourced for technology and talent. From the press release : The 2023 State of Corporate Tax Department report highlights under-resourced tax departments are more likely to face audits and penalties.

corporation tax 115

corporation tax Tax Technology audit 115

Withum

MARCH 4, 2024

Michael is respected as a corporate advisor to executive leadership and board members on business strategies, industry dynamics, financial reporting and risk mitigation. About Withum’s Healthcare Services Healthcare organizations partner with Withum’s Healthcare Services Team to help turn challenges into opportunities.

Healthcare 105

Healthcare New Jersey audit Education 105

CPA Practice

SEPTEMBER 22, 2023

(A study released earlier this year found that the IRS audits Black taxpayers at about three to five times higher rates than the agency audits other taxpayers.) The move is part of what the agency describes as a “rebalancing effort” to focus tax enforcement and compliance efforts on wealthier taxpayers and large corporations.

audit 120

audit income tax tax return Tax 120

Cherry Bekaert

NOVEMBER 9, 2023

Authors: Gabriela Payne, CPA On September 14, 2023, California’s Legislature approved a landmark Senate Bill 253/Climate Corporate Data Accountability Act, which is expected to have global impacts on corporate climate accountability. The bill will require more than 5,000 U.S. When Do These ESG Compliance Standards Go Into Effect?

Account 105

Account accountant accounted California 105

CPA Practice

JANUARY 22, 2024

Goralka, Kiplinger Consumer News Service (TNS) Most people, including many experienced attorneys and CPAs, are surprised to learn that an individual owner, shareholder or member can individually own a corporation’s or limited liability company’s bundle of rights commonly known as goodwill.

Tax 98

Tax income tax Sales cpas 98

CPA Practice

DECEMBER 14, 2023

corporate tax and auditing professionals, conducted between Oct. Similarly, respondents reported interacting with AI through: Work devices: 50% Apps and tools: 43% AI models like ChatGPT: 50% This suggests AI is in use in the workplace partly due to corporate sponsorship and partly users adopting the technology on their own.

Account 120

Account accountant accounted corporation tax 120