LyfeAccounting

FEBRUARY 14, 2021

CPAs are in the top-tier of accountants. There is no higher designation in the finance or accounting industry than the CPA license. CPAs are trusted advisors that help businesses with all sorts of business matters, which ultimately have financial implications. Most CPAs have Master’s Degrees or at least 150 credit hours.

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MyIRSRelief

MARCH 15, 2023

The paperwork, deadlines, and complex tax laws can leave you feeling overwhelmed and uncertain about your tax obligations. However, failing to file your taxes can have severe consequences, including back taxes, penalties, and even legal action. One option for back tax help is to hire a tax professional.

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tax accountant Tax bookkeeping Account 130

LyfeAccounting

OCTOBER 12, 2020

So now more than ever, business owners who want to control their expenses, improve their financial health and make smarter financial decisions are turning to CPAs for help. And a large portion of those businesses are opting for Virtual CPAs over local or even in-house CPAs. Why do you even need a CPA? Tax Planning.

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xendoo

MARCH 18, 2021

Additionally, they can help set up business accounting systems, teach you best practices, keep you legal, and prevent missed deadlines and noncompliance penalties. What does a CPA do? CPA act as consultants on many issues, including taxes and accounting. Generally, CPAs services include: Prepare financial statements.

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CTP

APRIL 29, 2022

When tax professionals prepare a tax return, they are typically aiming for the return to be correct “beyond a reasonable doubt.” Taxpayers may assume this is a black-and-white matter—but when it comes to tax planning, almost nothing can be dubbed “always correct” or “always incorrect.

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tax preparation Tax tax return cpas 52

xendoo

AUGUST 2, 2023

Why your business structure matters Choosing the right business entity is crucial for several reasons, including: Liability protection: Some business types provide legal protection for your personal assets, while others don’t. LLCs have a flexible tax structure, with the option to pay taxes as a corporation or as a pass-through entity.

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Tax income tax Non-Profits tax return 52

xendoo

AUGUST 2, 2023

Why your business structure matters Choosing the right business entity is crucial for several reasons, including: Liability protection: Some business types provide legal protection for your personal assets, while others don’t. LLCs have a flexible tax structure, with the option to pay taxes as a corporation or as a pass-through entity.

Tax 52

Tax income tax Non-Profits tax return 52

xendoo

JULY 26, 2021

There are many options available, ranging from traditional CPAs to tech-savvy online providers. We reconcile your books weekly , and deliver your reports as early as the 5th business day of the month, depending on the plan you select! Bench offers three bookkeeping and tax plans, with prices starting at $299 per month ($249/annual).

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bookkeeping services bookkeeping quickbooks accounting software 72

Snyder

NOVEMBER 14, 2022

Will tax filing season be easier in 2023? 5 tax busy season survival tips for CPAs. What is tax season like for accountants? Tax season can be one of the most stressful times for accountants. 5 tax busy season survival tips for CPAs. The tax season is a marathon for the accountants.

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Account accountant accounted Tax 98

CPA Practice

APRIL 25, 2024

They, they also do outsourcing for Taz, get for tax and Kaz. And they do everything from just organizing documents, all the way up to prep of personal corporate partnerships, as well as, as well as going in and doing tax planning, which we now call tax advisory engagements as well.

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Technology audit Account accountant 111

Going Concern

DECEMBER 8, 2023

“With the aggressive marketing we saw with this credit, it’s not surprising that we’re seeing claims that clearly fall outside of the legal requirements,” said IRS Commissioner Danny Werfel. Cohen & Co., McKonly & Asbury ] The merger will be effective January 1, 2024. The addition of the Morris J.

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cpas Account accountant accounted 102

CPA Practice

APRIL 29, 2024

Add on Intuit Tax Advisor, an integrated advisory tool that automatically generates strategies for client tax savings, and you come full circle from tax prep to tax planning. We don’t do tax returns if we don’t do the bookkeeping, because everybody knows without bookkeeping, it’s probably a mess.

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Tax tax return Technology bookkeeping 125

CPA Practice

OCTOBER 16, 2023

For taxpayers who find themselves in this situation, thoughtful tax planning is essential. Here’s how this home sale strategy can help your clients be more tax savvy while navigating today’s real estate market. For example, a $4 million gain could easily result in a tax bill of $1.2 million or more.

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Sales Real Estate Tax tax planning 122

LyfeAccounting

MARCH 5, 2021

We typically charge this information as a part of our tax planning service , but today, you’ll get this information for free. Legal vs Tax Entity. When it comes to entity selection, there are “LEGAL” entity types and “TAX” entity types. A legal entity is an entity that you register with your state.

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Tax Legal tax return Non-Profits 52

Going Concern

MARCH 18, 2024

Under the plan, Deloitte’s main business units will be cut to four — audit and assurance; strategy, risk and transactions; technology and transformation; and tax and legal — from the five the firm has had since 2014. CPAs lost their licenses and livelihoods. KPMG paid a $50 million penalty. Reforms were adopted.

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Going Concern

MAY 25, 2022

Discounts on future years’ tax services were offered to clients who continued to raise red flags. Those red flags were either quickly withdrawn or silenced by CPAs simply choosing to do business elsewhere. According to its website , ZMFF&J specializes in tax planning and litigation. “We

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Start-ups Tax accounting and finance public accounting 99

LyfeAccounting

DECEMBER 28, 2020

And what I am going to tell you today is actually LEGAL. So legal that it’s actually right on the IRS and State Government’s websites, most people just have NO Clue about it! It is not meant to take the place of legal and accounting advice specific to your business. First, we discussed how the rich save on taxes.

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business tax Tax tax return Government 52

Going Concern

NOVEMBER 25, 2022

Shakira Claims She’s Victim of Smear Campaign in Spain Tax Fraud Case [ TMZ ]. The singer filed legal docs Friday in Spain, answering allegations she failed to pay more than $14 million in taxes for income earned from 2012 through 2014. Ask A Legal Recruiter: Can Someone Lateral From An Accounting Firm Into Biglaw?

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audit Account accountant accounted 91