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4 Accounting Transactions that Use Journal Entries and How to Enter them in QBO

Ronika Khanna CPA,CA

(Expenses can also be entered directly, without a corresponding bill, through the transactions that are downloaded) Bank transactions that are entered directly through the banking section Payroll that is entered through the employee section The transactions listed above have their own separate “ledgers” since these are common transactions.

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A Closer Look at Your 401(k) Plan

Withum

Now that the ink has dried on your corporate tax return, it is time to consider your next important tax filing. Recently, the requirement that determines when audited financial statements are required changed. Also, new pay codes can get added and incorrectly set up in payroll. Who is monitoring this?

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Finding Your Financial Compass: Why Small Businesses in Los Angeles Thrive with Specialized Tax and Accounting Support

MyIRSRelief

Manufacturing and Construction: From specialized manufacturers to construction companies rebuilding LA’s infrastructure, these industries require assistance with depreciation schedules, property taxes, and payroll tax compliance. to minimize your tax burden and maximize profits.

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What are APIs and how can they streamline tax provision calculations?

ThomsonReuters

Tax teams prepare tax provisions by gathering data, performing calculations, and entering the results into forms. However, corporate tax teams find it difficult to automate this process. appeared first on Tax & Accounting Blog Posts by Thomson Reuters. What are APIs and how do they work?

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Important Changes to R&D Deductions (Section 174) – FAQ

Shay CPA

If your company receives the R&D Tax Credit, for example, this would mean that those costs will now be capitalized. Founders and their finance teams will need to provide an analysis of their research and experimental expenses (Section 174 Costs) to accurately prepare corporate tax returns. What is an IRC Section 174 expense?

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Deloitte Rolls Out Accounting, Payroll Platform For SMBs

PYMNTS

ctrl is a cloud-based platform providing accounting, payroll and analytics solutions for Canadian SMBs. The company’s Deloitte Private unit announced the launch of ctrl on Tuesday (Sept.

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The tortured journey of data: How tax technology speeds up tax compliance, provision, and reporting

ThomsonReuters

One of the biggest challenges facing the the tax profession today is the increasing amount of data that must be processed to prepare financial statements. Data consolidation challenges One of the greatest challenges facing tax departments is a lack of data integration and automation among systems.