Shay CPA

MAY 3, 2023

For most companies, payroll makes up a huge category in the latter. It’s the R&D credit that the IRS will let you apply toward payroll taxes. Reducing your payroll tax liability The IRS has long offered a tax credit for increasing research activities. To submit it, you need to attach it to your payroll tax returns (e.g.,

payroll tax 52

payroll tax payroll Tax tax return 52

ThomsonReuters

NOVEMBER 8, 2022

Who needs to know : Payroll professionals, payroll departments, tax departments, third-party payroll providers. Payroll Guide ¶4264 Basic Principles. Payroll Guide ¶4268 Form 1099-MISC. Payroll Guide ¶4271 Form 1099-NEC. The post What’s Hot on Checkpoint for Payroll and Benefits Professionals?

payroll 69

payroll Transportation cpas Tax 69

MyIRSRelief

MARCH 15, 2024

From unfiled tax returns to unpaid back taxes, and from employment 941 payroll issues to the intimidating process of IRS, FTB, EDD, and CDTFA audits, the challenges can seem insurmountable. Whether it’s unfiled returns, unpaid taxes, payroll issues, or audit concerns, prompt action is key to finding a resolution.

California 130

California Tax tax return payroll 130

LSLCPAs

MAY 2, 2024

Starting July 31, 2024, Intuit will no longer sell subscriptions for the following products: QuickBooks Desktop Pro Plus QuickBooks Desktop Premier Plus QuickBooks Desktop Mac Plus QuickBooks Desktop Enhanced Payroll (No need to worry if you’re already. appeared first on LSL CPAs.

quickbooks 52

quickbooks cpas payroll Finance 52

MyIRSRelief

FEBRUARY 1, 2023

How to resolve employment 941 payroll taxiety problems? Here are a few options you may consider: Installment agreement: You can set up a payment plan with the IRS to pay off your 941 payroll debt in monthly installments. What’s the difference between CPAs, EAs, Attorneys? if you do not pay your tax debt.

Tax 147

Tax tax return cpas audit 147

LSLCPAs

JUNE 28, 2021

Payroll is one of your company’s biggest expenses representing 30 to 50% of all of your expenses depending on your industry. The post Why, How, & When to Reconcile Payroll and What the TPA Needs for Census appeared first on LSL CPAs. Your employees are one of your greatest assets.

payroll 52

payroll cpas Finance Account 52

CPA Practice

FEBRUARY 28, 2023

IRIS Software Group (IRIS), a provider of accounting and payroll solutions, has acquired Apex HCM (Apex), a cloud-based human capital management enterprise software provider for payroll service bureaus (PSBs) and accounting firms. IRIS is a provider of accounting and payroll technologies.

cpa firm 103

cpa firm payroll CPA cpas 103

PYMNTS

AUGUST 27, 2019

However, there’s an area of B2B FinTech that appears to have left a gap in the market: While there are solutions for CPAs to better manage their clients’ funds, Dustin Hall, director of CPACharge at card processing company AffiniPay , says CPAs lack a seamless way to get paid from those customers. Changing CPA Roles.

cpas 60

cpas CPA Technology accounting standards 60

CPA Practice

AUGUST 3, 2023

For the last two years, the American Institute of CPAs (AICPA) has diligently and consistently advocated on behalf of taxpayers and CPAs to the Internal Revenue Service (IRS) and the Department of the Treasury regarding unscrupulous third-party vendors promoting improper Employee Retention Credit (ERC) claims.

cpas 98

cpas cpa firm payroll tax CPA 98

MyIRSRelief

NOVEMBER 3, 2023

Whether it’s unfiled tax returns, unpaid back taxes, tax audits and appeals, or 941 employment payroll problems, these issues can seem insurmountable. Under federal law, Enrolled Agents, like attorneys and CPAs, have unlimited practice rights. Who are Enrolled Agents? Contact us for professional tax help today!

Tax 130

Tax tax return audit tax preparation 130

Bharmal&Associates

JANUARY 13, 2021

You spend all the PPP money on yourself if you are self-employed or operate as a partnership; on payroll (including pay to you, if that applies); and on other covered expenses such as rent, interest, utilities, operations, property damage, suppliers, and worker protection. Premier Orange County CPAs. Don’t procrastinate.

payroll 147

payroll cpas Tax 147

Accounting Insight

MARCH 2, 2023

IRIS Software Group (IRIS), a leading global software provider of accountancy and payroll solutions, today announced it has acquired Apex HCM (Apex), a leading cloud-based HCM enterprise software provider for payroll service bureaus (PSBs) and Certified Public Accountant (CPA) firms.

cpa firm 72

cpa firm payroll CPA cpas 72

CPA Practice

MAY 11, 2023

Accounting firms have faced a volatile profession in the past year as teams struggled with burnout while staff shortages increased, regulatory changes caught firms off guard – increasing compliance and security concerns – and tax laws became increasingly more confusing for clients and CPAs alike.

Account 119

Account accountant accounted payroll 119

CPA Practice

JUNE 28, 2023

With 39% of business owners reporting that they find managing finances and accounting a key challenge, there’s a great opportunity for CPAs to step into an advisory role and support entrepreneurs with tech tools. CPAs who understand the technology landscape and how services integrate with one another are well positioned to guide clients.

Technology 118

Technology E-commerce quickbooks cpas 118

CPA Practice

DECEMBER 15, 2023

QuickBooks Online Many accountants and CPAs recommend Intuit QuickBooks to their clients for good reason. Xero also works with Gusto Payroll, offering users payroll services as well. The products are not in any particular order, but all offer a good solution for businesses struggling to manage their accounting. a month.

accounting system 116

accounting system small business accounting business accounting quickbooks 116

Bharmal&Associates

OCTOBER 23, 2020

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. Planning note.

payroll tax 147

payroll tax payroll income tax cpas 147

CPA Practice

MAY 10, 2023

Patriot Software, an accounting and payroll software company, is now an approved provider of continuing professional education (CPE) credits for accountants. CPAs looking for opportunities to maintain their professional competence can participate in a free Patriot Software webinar and receive one CPE credit per 50-minute session.

payroll 59

payroll cpas bookkeeping accounting software 59

Steve Feinberg

NOVEMBER 29, 2023

At Appletree Business Services, everything we do is for our clients—from bookkeeping to payroll and more. Clutch’s recognition is a verified promise to our clients that their business is in the best possible hands when they choose to work with our team of bookkeepers, accountants, CPAs, and consultants.

New Hampshire 98

New Hampshire bookkeeping cpa firm cpas 98

CPA Practice

JANUARY 2, 2024

The strategic acquisition also encompasses Mueller dotKonnect , a business process outsourcing firm specializing in finance, accounting, tax and payroll functions. Tang joins the firm from Marcum Asia CPAs LLP where he served as an Audit Partner.

Illinois 114

Illinois Pharmaceutical E-commerce audit 114

BuildYourFirm

MARCH 26, 2020

In addition, the bill would ensure the Small Business Administration could serve as a guarantor for loans of up to $10 billion for small businesses to make sure they can maintain their payrolls and pay off their debts.

Hospitality 163

Hospitality cpas payroll accounting firms 163

Bharmal&Associates

SEPTEMBER 21, 2020

The Payroll Protection Program (PPP) rules—they keep a-changing. During the past month, the Small Business Administration (SBA) issued a new set of frequently asked questions (FAQs) and a new interim final rule, which in combination create the following good news for the Payroll Protection Program (PPP): More forgiveness.

payroll 147

payroll cpas Tax 147

MyIRSRelief

JULY 3, 2023

During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. They can help implement internal controls, review payroll processes, and provide guidance to minimize the risk of errors or discrepancies in future ERC claims.

audit 130

audit North Carolina Oklahoma Ohio 130

CPA Practice

APRIL 15, 2024

Sangeeta Chhabra CPAs and finance professionals today understand the importance of transparency and collaboration; however, lack of uniformity acts as an obstacle to seamless coherence in data management processes. While navigating these challenges, generative AI is emerging as a promising prospect. What is next?

CPA 122

CPA Technology accounting and finance cpas 122

Nancy McClelland, LLC

APRIL 5, 2024

As a CPA whose company works with loads of small businesses that need to process payroll, I’ve used quite a few payroll systems through the years… and Gusto has become our favorite. Honestly, I randomly stumbled on it when I went into my own Gusto account to run weekly payroll.) Review it carefully.

tax preparation 52

tax preparation Tax bookkeeping payroll 52

CPA Practice

FEBRUARY 1, 2024

CPAs and accountants are uniquely positioned to help their clients out with a variety of advisory services. The primary focus for small business owners in 2024 is generating more revenue, with many small businesses wanting to add to their payrolls. That hasn’t changed.

E-commerce 64

E-commerce quickbooks tax return payroll 64

Bharmal&Associates

AUGUST 13, 2020

Tax law definitions do not apply to much of the Payroll Protection Program (PPP), making it new ground for owners of S corporations. If I pay myself on a W-2, I lack the look-back period of 2019 payroll. Should I go on payroll and hope for the best? Premier Orange County CPAs. Spouse Owns S Corporation. Am I out of luck?

Non-Profits 130

Non-Profits payroll tax return Tax 130

Bharmal&Associates

AUGUST 13, 2020

As you read this, it’s likely that your lawmakers are working on the next Payroll Protection Program (PPP) package. an S corporation, receives a $100,000 PPP loan, spends it all on defined payroll, and the lender forgives the $100,000. He would have the $100,000 plus the tax benefit of the payroll deduction ($45,000).

payroll 130

payroll income tax tax return Tax 130

CPA Practice

SEPTEMBER 14, 2023

The American Institute of CPAs (AICPA) released a statement following an announcement by the Internal Revenue Service (IRS) detailing additional steps being taken to address aggressive and unscrupulous Employee Retention Credit (ERC) mills.

cpas 64

cpas payroll tax CPA tax return 64

CPA Practice

AUGUST 30, 2023

One of the panelists, Jackie Cardello, president and managing partner of Bethesda, MD-based GRF CPAs & Advisors, said the stigma and the stereotype associated with CPAs and accountants—and the profession in general—needs to change, and that change can begin in high school. You don’t have to be a CPA.

cpa firm 105

cpa firm CPA cpas Maryland 105

CPA Practice

OCTOBER 24, 2023

many of these entrepreneurs have long relied on the services of tax professionals or CPAs for year-end compliance needs, and to retroactively compile, reconcile and correct their clients’ books and produce financial reporting. In the U.S.,

Sales 111

Sales Tax bookkeeping services bookkeeping 111

Snyder

JULY 13, 2022

While the concept of CAS isn’t new, it’s still not known to many business owners and lots of certified public accountants (CPAs) struggle to persuade their clients to switch to this format of accounting. CPAs traditionally try to widen or narrow the scope of the services they provide to make sure the needs of their clients are met.

Account 105

Account accountant accounted cpas 105

Withum

NOVEMBER 3, 2022

In past years, the annual audit was performed by a CPA who was an income tax practitioner. When selecting the new firm, ACME CPAs, management chose a firm and practitioners who specialized in financial audits with an emphasis in labor union/not-for-profit organizations.

Employee Expense Reimbursement 52

Employee Expense Reimbursement Expense Reimbursements Employee Reimbursement Software cpas 52

ThomsonReuters

MAY 6, 2022

Many CPAs offer consulting services alongside regular tax preparation, which helps create additional revenue for the firm and provides additional support for clients. Other offerings such as bookkeeping and payroll are year-round services that could boost your firm’s profits and diversify income.

accounting firms 93

accounting firms tax preparation Account accountant 93

CPA Practice

OCTOBER 20, 2023

AICPA Releases Statement on IRS Announcement Concerning ERC Mills The American Institute of CPAs (AICPA) released a statement following an announcement by the Internal Revenue Service (IRS) detailing additional steps being taken to address aggressive and unscrupulous Employee Retention Credit (ERC) mills.

cpas 52

cpas CPA Education audit 52

CPA Practice

OCTOBER 19, 2023

AICPA Releases Statement on IRS Announcement Concerning ERC Mills The American Institute of CPAs (AICPA) released a statement following an announcement by the Internal Revenue Service (IRS) detailing additional steps being taken to address aggressive and unscrupulous Employee Retention Credit (ERC) mills.

cpas 52

cpas CPA Education audit 52

Bharmal&Associates

JULY 30, 2020

Here’s the big difference: If the 24-week covered period applies, your loan forgiveness for your deemed payroll is capped at 2.5 If you elect the eight-week covered period, your loan forgiveness for your deemed payroll is capped at eight weeks, not to exceed $15,385. Premier Orange County CPAs. Why Is This Important?

payroll 130

payroll cpas Transportation business accounting 130

Ryan Lazanis

SEPTEMBER 19, 2023

Dark Horse CPAs What Makes This Website Stand Out Good use of Flash video as homepage background Multiple, distinct CTAs Catchy presentation of metrics Nice mix of font styles 11. Maventri Maventri operates in numerous North American locations, serving a wide range of industries with bookkeeping, HR, payroll, and marketing services.

Account 98

Account accountant accounted bookkeeping 98