Nancy McClelland, LLC

JANUARY 15, 2023

As you might imagine, we get quite a few inquiries for tax preparation services, but a) we only do taxes for our small business accounting & bookkeeping clients, and b) we only work with clients in Illinois, Indiana and Wisconsin. Tax Preparer. It’s an arena rife with underrepresentation issues.).

tax preparation 52

tax preparation Tax bookkeeping Wisconsin 52

PYMNTS

MARCH 15, 2019

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright. Tackling Tax.

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Tax Account accountant accounted 77

CPA Practice

NOVEMBER 21, 2023

Too many people lack the foresight of what happens in the future when all these properties are left behind by an incapacitated or deceased person, which often leads to tax and legal cases, and in many situations, family disputes. However, accountants play a crucial and very important role in this process.

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Account accountant accounted Legal 112

CPA Practice

NOVEMBER 29, 2023

With more than 20 years of brand-building and marketing experience, Ball brings a deep understanding of the small business accounting landscape and will ensure Bookkeep’s solutions align with the urgent needs of bookkeepers and finance teams. She is a member of the American Institute of CPAs and the California Society of CPAs.

Real Estate 52

Real Estate audit cpas California 52

MazumaBusinessAccounting

FEBRUARY 1, 2023

Accounting and tax software have made it possible for small businesses to get along without having an in-house accountant. However, as businesses grow, accounting issues get more complex, and tax filings become too cumbersome for owners to handle.

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Account accountant accounted bookkeeping 52

Ryan Lazanis

SEPTEMBER 19, 2023

The Top 43 Examples of Accounting Websites Without further ado, in no particular order, here are 43 examples of the best accounting websites you should explore to gain valuable ideas and insights into effective design and content strategies. MBS Accountancy Since 2011, MBS Accountancy has served U.S.

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Account accountant accounted bookkeeping 98

MazumaBusinessAccounting

JANUARY 31, 2023

Accounting and tax software have made it possible for small businesses to get along without having an in-house accountant. However, as businesses grow, accounting issues get more complex, and tax filings become too cumbersome for owners to handle.

Account 52

Account accountant accounted bookkeeping 52

CPA Practice

FEBRUARY 1, 2024

CPAs and accountants are uniquely positioned to help their clients out with a variety of advisory services. SMBs said they’re relying on credit cards as funding sources, while entrepreneurial hopefuls said even a bigger tax return could help them secure the funds they need to start their businesses. That hasn’t changed.

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E-commerce quickbooks tax return payroll 64

LyfeAccounting

MARCH 10, 2021

In this post, we want to provide you with some more clarity on CPA services. Now, CPAs can provide a number of services to small businesses. But no other professional can provide all of the services that CPAs provide. So then… what are CPA services? What are CPA Services? What is a CPA?

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LyfeAccounting

FEBRUARY 14, 2021

And by the way, an accountant is someone who is responsible for recording and interpreting financial information. CPAs are in the top-tier of accountants. There is no higher designation in the finance or accounting industry than the CPA license. Most CPAs have Master’s Degrees or at least 150 credit hours.

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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?

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xendoo

MARCH 18, 2021

So, accountants with the title of CPA offer a higher level of financial analysis for you and your business and can act as a fiduciary on your behalf. At that same time, an accountant can give you tax savings advice, such as when to make capital purchases, what you can deduct, and how to reduce taxes on capital gains.

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CPA bookkeeping tax return cpas 52

LyfeAccounting

APRIL 23, 2021

And what if we told you the business tax code was actually set up for you to do so? Now unless you’re an accountant reading this then we know you didn’t go to school to learn taxes and you probably don’t spend your weekends binge reading the tax code. Your tax deduction would be about $17,250.

Tax 52

Tax quickbooks Real Estate accounting and finance 52

Steve Feinberg

JANUARY 30, 2023

Even after attaining a high degree of competency, building a client base and reliable reputation, and investing in your own company, many HVAC technicians and business owners can be surprised to find they’re still operating at a loss. See related: Small business tax services.

bookkeeping 52

bookkeeping Construction small business accounting accounting software 52

PYMNTS

JULY 23, 2018

ClientWhys , a provider of marketing automation software and marketplace for cloud accounting and tax industries, has launched a new small business accounting marketplace. According to CPA Practice Advisor , CountingWorks will help U.S. Through Aug.

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small business accounting cpas bookkeeping CPA 40

Snyder

NOVEMBER 17, 2022

No one can be an expert in all those areas, that’s why finding a helpful blog for accountants is such a great idea. We’ve compiled some great examples of accounting blogs to help you stay up to date on breaking news, the latest accounting software, cloud accounting, taxes, finance trends and so much more.

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Account accountant accounted bookkeeping 52

PYMNTS

DECEMBER 19, 2019

FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be replaced entirely by robots. Because there is a big disconnect between the accounting industry and the small business owner.”

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Finance Account accountant accounted 53

xendoo

MAY 9, 2021

Now your small business has grown up thanks to your hard work and dedication. You may have outgrown your current legal status and it’s time to change from an LLC to S Corp to gain additional tax benefits that you’ve earned! LLC owners must pay self-employment taxes for all income. Tax-preferred retirement savings .

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tax return Tax tax consultant Legal 52

CPA Practice

AUGUST 11, 2023

In addition, cost accounting helps leadership understand its most profitable services and determine product or service pricing. Their understanding of how the tax code can impact future investments is an invaluable form of small business financial planning.

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Account accountant accounted managerial accounting 52

LyfeAccounting

JUNE 11, 2021

Well, it’s a thing because by paying yourself a very low salary in an S-Corporation, you are effectively lowering the amount of taxes you pay. And then, on the backend, you can pay yourself with distribution and not pay self-employment taxes because S-Corporations don’t have to pay them anyway. An S-Corporation is a tax entity.

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LyfeAccounting

JANUARY 12, 2021

I am sure you probably heard the staggering statistic that 9 out of every 10 small businesses fail. This is really not a surprise to me because most business owners are not CPAs or accountants. And at the end of the day, accounting is the language of business. BUT not only that.

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bookkeeping accounting and finance accounting software Finance 52

LyfeAccounting

NOVEMBER 25, 2020

And if you need any help with your business’ financial management or want to consult a tax expert , LYFE Accounting is what you need. We have a professional team composed of CPAs, bookkeepers, CFOs, financial advisors, tax planners and preparers who are always ready to help you. Talk to us today!

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payroll accounting and finance cpas bookkeeping 52

LyfeAccounting

APRIL 15, 2021

business name. business address. business owner name(s). Step 4: Lastly, do not include any financial documents or tax records with your initial request. Those who do have to submit extra docs typically are asked for 2019 taxes and 4506-Ts and look to be new businesses or bad credit. loan number.

Non-Profits 52

Non-Profits accounting and finance cpas small business accounting 52

LyfeAccounting

OCTOBER 20, 2020

Our CPAs came in and focused on her goals, specifically. We wanted to know what she wanted to accomplish in her business. And what we needed to manage inside of her business to make her goals a reality. Your business budget is the most fundamental component of managing your business finances correctly.

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accounting and finance financial statements bookkeeping cpas 52

LyfeAccounting

OCTOBER 20, 2020

Our CPAs came in and focused on her goals, specifically. We wanted to know what she wanted to accomplish in her business. And what we needed to manage inside of her business to make her goals a reality. Your business budget is the most fundamental component of managing your business finances correctly.

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accounting and finance financial statements bookkeeping cpas 52

PYMNTS

DECEMBER 18, 2018

Last month, for instance, payroll technology firm OnPay launched its partner program to provide accountants and bookkeepers with their own dashboard so they could use the solution for their clients.

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Technology Account accountant accounted 53

CPA Practice

SEPTEMBER 6, 2023

From the advent of first-to-market generative AI systems like ChatGPT, to highly specialized, accounting-focused systems, proponents of AI are fervent in their belief that the technologies will dramatically improve client services, firm management, small business accounting and many other areas of operations. All 50 U.S.

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Technology accounting and finance Tax CPA 122

LyfeAccounting

OCTOBER 15, 2020

If you wait until tax time to do your bookkeeping , then I have to tell you, you’re not managing your business correctly. Our team of CPAs, bookkeepers, tax experts, CFO and financial advisors can assist you with all your financial needs. With that said, you can start by: 1. Do your bookkeeping on a monthly basis.

Non-Profits 52

Non-Profits bookkeeping Start-ups financial statements 52

Going Concern

OCTOBER 11, 2022

According to the SBA , small business generates about 44% of GDP in America and 2/3 of new jobs annually. These businesses have their financial advisory needs served by hundreds of thousands of small firm accountants and CPAs nationwide.

Education 98

Education Account accountant accounted 98

LyfeAccounting

JUNE 15, 2021

So what is the #1 tax write-off for real estate investors? No, it’s not repairs, maintenance, or real estate taxes. The number 1 tax write-off for real estate investors is…. we’re going to break down depreciation, and how real estate investors can use it to save thousands of dollars in taxes. So what is it?

Real Estate 52

Real Estate Tax income tax cpas 52

LyfeAccounting

JULY 23, 2021

The 1031 exchange specifically comes from Section 1031 in the Internal Revenue Code, and it allows real estate investors to defer paying taxes on real estate gains. This means, you can avoid the biggest expense of them all, which are taxes, and instead use that money to reinvest and make even more money. Example of a 1031 Exchange.

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Real Estate Tax tax return cpas 52

LyfeAccounting

MARCH 5, 2021

?. Which business entity is going to save you the most money on your taxes? Now, your tax expense can greatly vary based on the entity you select here. So by the end of this post, we hope that you’re saving thousands and not paying thousands more than you have to in taxes. Legal vs Tax Entity. Self-Employment Tax.

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Tax Legal tax return Non-Profits 52

LyfeAccounting

JUNE 11, 2021

New IRS Unemployment Tax Refund Update. If you, or anyone you know, paid any taxes on unemployment last year, read on because we have some very important news for you. It is regarding 2020 tax refunds and those who paid taxes on their unemployment compensation last year. MILLION taxpayers are getting tax refunds.

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Tax tax return tax preparation accounting and finance 52

Steve Feinberg

AUGUST 30, 2022

But construction isn’t like a sales-based business, which may only have a single revenue stream and predictable expenses from quarter to quarter. If you’re looking for a bookkeeper to help your construction business, here are a few things to know. Why Construction Bookkeeping Is Important. Things to Consider When Hiring a Bookkeeper.

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bookkeeping services bookkeeping Construction payroll 52

Steve Feinberg

OCTOBER 31, 2022

This isn’t because these businesses don’t understand how important bookkeeping is, but proper record keeping for budgeting, job costing, and tax filing takes time that a busy owner simply might not have. Bookkeeping’s greatest attribute for running a landscaping business comes down to proper budgeting. Track everything.

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bookkeeping Construction New Hampshire tax return 52

Steve Feinberg

JUNE 29, 2022

Every business needs a strong bookkeeping system at its core to account for the everyday variables that make a business profitable— taxes and fees , payroll, expenses, etc. A professional bookkeeping company can help with certain financial concepts and practices like: Separating Business and Personal Costs.

bookkeeping 52

bookkeeping Construction bookkeeping services payroll 52

Snyder

JANUARY 3, 2023

All small business owners need to be familiar with basic accounting and bookkeeping, as it gives them a clear picture of the state of their finances, allows them to make informed business decisions, and lets them react to any adverse changes faster. Small business accounting basics.

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accounting basics basic accounting bookkeeping Account 52