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Corvee Adds Augusta Rule Deduction Guidelines for Home Rentals to Tax Planning System

CPA Practice

Corvee, a maker of tax planning technology for businesses and tax pros, has added Augusta Rule deduction filing guidelines into its Instead and Instead Pro tax planning systems. Instead and Instead Pro offer seamless Augusta Rule savings estimation to help plan, calculate, document and file a return.

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What Do Taxes Have to Do with the NBA Finals?

CPA Practice

Taylor, Kiplinger Consumer News Service (TNS) NBA finals Game 2 is in the books, and many people who tuned in to see the Miami Heat tie the series with the Denver Nuggets are probably not wondering what a jock tax is. But the NBA Finals—and other sporting events—are connected to taxes in a big way. What is the jock tax?

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The Best Tech for Accounting Firms: CPAs Voted for Readers Choice Tech Awards

CPA Practice

CPA Practice Advisor ‘s Readers’ Choice Awards , now in their 20th year, give our readers the chance to spotlight the technologies they most respect and trust to provide client services, manage their firms, and help their clients run their businesses. But even basic tax planning can make a big difference in reducing future tax liability.

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Los Angeles accountant for small business – Mike Habib, EA

MyIRSRelief

That’s where an accountant (EA or CPA) can help. Tax Planning and Preparation: An accountant (EA or CPA) can help small business owners navigate the complex world of tax laws and regulations, ensuring compliance and minimizing tax liabilities. Q: How can an accountant help with financial management?

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How a Solo 401(k) Plan Can Help College Athletes Win in Retirement

Anders CPA

The interim Name, Image and Likeness (NIL) Policy has opened many doors for college athletes – including the door that requires annual income tax filings for NIL deals. In addition to the limited contributions, the solo 401(k) does allow plan loans, unlike the SEP plan. Not sure if the solo 401(k) plan is right for you?

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2023 Readers’ Choice Awards – The Readers Have Voted!

CPA Practice

While the economy and supply chains may still have some hiccups related to the end of the pandemic, one thing is clear: The demand for the services of accounting, finance and tax professionals is growing strong. Unfortunately, there’s also a “critical talent shortage,” says Tom Hood, CPA, a vice president with the AICPA. ( [link] ).

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9 eCommerce Tax Deductions for 2021

xendoo

Meals with clients can also be deducted from your taxes, though only when these meals also serve as business meetings. If you and a client decide to see a movie or sporting event, these entertainment costs will not count among your normal and necessary business expenses. Tax Planning Takes Time and Xendoo Can Help.

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