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5 Critical Questions to Ask Your Accountant About Tax Planning BEFORE Tax Season

CTP

That’s why tax planning is gaining in popularity. Some obvious reasons are mistakes or oversights on their tax returns. But another problem is that the accounting industry is not trained how to LOOK FOR NEW ways to reduce your taxes that you have not yet taken advantage of. Not all tax planning is the same!

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Tax Planning Versus Preparation – What is the Difference? – Part 1

CTP

Visit social media or google these days and you’ll most likely see advertisements for Tax Planning. But many taxpayers (and even tax pros) are confused about the differences between tax planning and tax preparation. Why is it impossible to do tax planning at the same time as you prepare a tax return?

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How are S corporations taxed? Tips for filing and reducing taxes as a pass-through entity

ThomsonReuters

Jump to: How are S corporations taxed? How can S corporations reduce their taxes? You may wonder how the S corporation taxation generally works. The following guide offers numerous strategies and tips that owners of S corporations can use to lower their taxes, including deductions and credits.

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What is tax advisory?

ThomsonReuters

If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns. Whether it’s advising on residential energy tax credits or restructuring a partnership, your knowledge and expertise beyond the tax return are valuable.

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Tax Problem Resolution in the Inland Empire, CA

MyIRSRelief

Compliance with Tax Filings: All tax returns must be filed. The process involves submitting an application to the IRS with a detailed explanation of your financial situation, often with the help of a tax professional. How Can I Resolve Unfiled Tax Returns in Corona, CA? What should I do? What should I do?

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7 Big Tax Mistakes Business Owners Make & How to Fix Them

LyfeAccounting

When you work for someone else as an employee, your taxes are automatically withheld and paid by your employer to the IRS and state agencies throughout the year. For most employees, this is why little to no taxes are due when they file their tax returns. Business owners filing their business and personal tax returns late.

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How tax technology helps you weather the storm of international tax and regulatory changes

ThomsonReuters

You must access and share up-to-date regulatory information in every jurisdiction where your organization operates while automating critical tax preparation processes. How tax software streamlines international tax preparation. Corporate Tax Technology: Stepping into the Future. Do More with More?