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CPAs: Make Direct Indexing Your Estate Planning Secret Weapon

Going Concern

Traditionally, the role of accounting professionals in estate planning has been tertiary at best, with clients consulting CPAs only on the tax implications of select decisions—or simply leaving them out of the process altogether. . How CPAs can take estate planning to the next level.

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4 Ways CPAs Can Explain the Tax Benefits of Direct Indexing to Clients

Going Concern

Pop quiz, CPAs: What do you tell a client who asks you about the tax benefits of direct indexing? If you’re reading this in the bathroom right now after searching “what is direct indexing tax benefits PLEASE HELP ME OH SEARCH ENGINE GODS and I promise never to Google myself again,” then this article is especially for you.).

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S Corporation Owners – How Much Salary is the Right Amount?

Bharmal&Associates

First, if it’s too low and you get caught by the IRS, you will pay not only income taxes and self-employment taxes on the too-low amount, but also both payroll and income tax penalties that can cost plenty. Premier Orange County CPAs. Getting the S corporation salary right is important. Cost Approach.

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AICPA News – March 2023

CPA Practice

AICPA News is a roundup of recent announcements from the American Institute of CPAs. The 61 recommendations in the compendium include proposals related to employee benefits, individual income tax, international tax and tax administration, among others.

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Trucking Tax & Accounting by Mike Habib, EA Los Angeles, CA

MyIRSRelief

There are several back tax help options available for truckers that can help you resolve your tax debt and get back on track. One option for back tax help is to hire a tax professional. They can also help you prepare and file your tax returns, ensuring that they are accurate and complete.

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Friday Footnotes: EY Pulls Out of Winston-Salem; Clients Exposed in Data Breach; Deloitte Olympians | 7.14.23

Going Concern

Prior to joining DLA, John served as a Partner with two National professional services firms, where he was the subject matter expert on business combinations, impairment analysis, income tax accounting, stock compensation, revenue recognition, and going concern analysis.