Going Concern

JANUARY 25, 2024

An incredible phenomenon is underway, one that many tax pros have been begging their compadres to get on board with for years: CPAs are increasing their fees. Client graduated # 1 in accounting and so doesn’t need us to do his simple tax returns anymore. Is that reasonable for [a particular level of return complexity]?

cpas 123

cpas tax preparation tax return CPA 123

CPA Practice

SEPTEMBER 18, 2023

During this time, Kess helped organize the Association of CPA Candidates and developed guides to help CPAs pass their exams. He then took over the Comprehensive CPA School upon the death of its founder, and the program became one of the most successful CPA coaching courses at the time.

Tax 111

Tax cpas CPA New York 111

CPA Practice

APRIL 17, 2023

As a certified public accountant, I’m flattered that we’re consulted for a growing range of business needs, including rising taxes. But with the increasing complexity of modern business and regulations, and a worsening shortage of CPAs, the truth is that small business accountants rarely help clients optimize their tax strategies.

Tax 104

Tax tax planning cpas CPA 104

CTP

MARCH 9, 2022

But many taxpayers (and even tax pros) are confused about the differences between tax planning and tax preparation. In fact, the average taxpayer most likely believes they are already getting this service from their tax advisor. Why is it impossible to do tax planning at the same time as you prepare a tax return?

tax planning 98

tax planning Tax tax preparation tax return 98

xendoo

AUGUST 2, 2023

Advantages of LLCs Disadvantages of LLCs Protects the owner’s personal assets Subject to self-employment tax, meaning a possible higher tax bill It’s a pass-through entity, so you include business income on your personal tax return. However, LLCs have the option to choose a corporate taxation structure with the IRS.

Tax 52

Tax income tax tax return Non-Profits 52

xendoo

AUGUST 2, 2023

Advantages of LLCs Disadvantages of LLCs Protects the owner’s personal assets Subject to self-employment tax, meaning a possible higher tax bill It’s a pass-through entity, so you include business income on your personal tax return. However, LLCs have the option to choose a corporate taxation structure with the IRS.

Tax 52

Tax income tax tax return Non-Profits 52

Going Concern

APRIL 12, 2024

billion won in corporate taxes, but its management team recorded the amount as a receivable in its financial statements. Tesla Korea makes accounting errors [ The Chosun Daily ] Tesla Korea, the South Korean unit of U.S. Tesla Korea was subjected to 25.1

CPA 104

CPA auditor Tax audit 104