ThomsonReuters

JULY 8, 2025

Tax provision season arrives with the predictability of changing seasons, yet many finance teams still approach it with the same manual processes and overwhelming stress levels. Deferred tax calculations, often the most challenging aspect of tax provision, become significantly more manageable with automation.

Technology 52

Technology Tax general ledger accounting and finance 52

MyIRSRelief

OCTOBER 11, 2024

Here’s a detailed look at what personal tax preparation entails: Gathering Financial Information: The first step in personal tax preparation is gathering all necessary financial documents. Different structures, such as sole proprietorships, partnerships, corporations, and S-corporations, have different tax requirements.

tax services 130

tax services payroll tax Tax tax preparation 130

ThomsonReuters

JUNE 24, 2025

Tax work must meet strict regulatory standards and be defensible in audits or disputes. Without clear policies on AI usage, departments risk creating work products that don’t meet compliance requirements or can’t be properly documented for regulatory purposes.

corporation tax 52

corporation tax Tax Government audit 52

CPA Practice

OCTOBER 28, 2024

We are seeing multiple variations of GenAI tools being implemented within our existing applications as well as highlighted by new startups specifically serving the accounting profession (i.e. Firms should review the IA capabilities being touted within their tax, accounting, and practice applications before the upcoming season.

accounting firms 128

accounting firms Technology accounted Account 128

Accounting Insight

MAY 2, 2025

Theres hardly time to stay on top of each clients basic needs yet alone advising them on their tax affairs. This is now made possible through Intelligent Automation, giving accountants the ability to automate the personal tax return process; from collating documents, to submitting to HMRC. Time and cost savings.

Technology 59

Technology accounting firms Tax tax return 59

Accounting Insight

MAY 1, 2025

Once registered, use the ASA to link your practice to your clients tax accounts, ensuring you can manage their submissions under MTD. For example, CCH iFirm Personal Tax s Tax Return feature allows you to predefine the documents you send to your clients for them to authorise submission of the return to HMRC.

Tax 40

Tax income tax tax return Technology 40

Going Concern

APRIL 9, 2025

Tax implications: The tariffs introduced challenges for businesses in managing their tax liabilities. Understanding the classification of goods subject to tariffs, potential exemptions, and documentation requirements became crucial for accurate tax compliance.

accounting and finance 59

accounting and finance Agriculture Manufacturing Tax 59

Shay CPA

JUNE 18, 2025

How to Apply: Documents and Requirements Eligibility Criteria Tech or Biotech Startup: Companies must be innovation-driven with a clear business model. Legal & Financial Documentation: Incorporation documents, tax filings, and any required certifications are needed.

Technology 52

Technology New York CPA income tax 52

MyIRSRelief

DECEMBER 15, 2022

Here are some steps you can take to tackle the task: Take an inventory: First, make a list of all the records you have, including bank/credit card statements, invoices, receipts, and other documents. They will then organize these documents in a way that is useful for preparing the tax return.

tax accountant 130

tax accountant Tax accounted Account 130

CPA Practice

OCTOBER 9, 2024

The Innovation Studio is currently available to select Bloomberg Tax customers. The AI Assistant, the first feature released within the Innovation Studio, provides answers to common questions, assists users with tasks, and enables them to leverage documents in helpful ways, such as summarization, according to Bloomberg Tax & Accounting.

tax accountant 104

tax accountant Tax accounted Account 104

Anders CPA

FEBRUARY 15, 2024

Anders has been recognized by USA Today as a Most Recommended Tax & Accounting Firm for 2024. When tax season arrives, finding a tax or accounting firm that fills your business’s needs is vital to ensure necessary documents are filed correctly and on time.

accounting firms 111

accounting firms tax accountant Tax accounted 111

MyIRSRelief

MARCH 15, 2023

CNC status means that the IRS has determined that you are unable to pay your tax debt at this time and has suspended collection efforts. To qualify for CNC status, you must provide documentation that shows that paying your tax debt would cause financial hardship, such as proof of income and expenses.

tax accountant 130

tax accountant bookkeeping Tax accounted 130

TaxConnex

SEPTEMBER 24, 2024

Observers have also said that registering with a state through the SST sometimes hampers accessing your sales tax account in that state as well as problems with filing frequencies and exemption documentation. As always with sales tax, there can be more to benefits and drawbacks than meets the eye.

Sales 203

Sales payroll Tax audit 203

Accounting Today

DECEMBER 23, 2024

A Washington, DC tax accountant pleaded guilty for submitting falsified documents in his application for a $1.4 million purchase loan, which he later received.

Tax 105

Tax accounted Account accountant 105

Shay CPA

DECEMBER 7, 2022

Specifically, you should look at: Payroll accounts, including withholding, Department of Labor, and state unemployment insurance accounts. Sales tax accounts. State franchise and income tax accounts. File away R&D tax credit and pandemic aid documentation. File a final corporate tax return.

tax accountant 59

tax accountant Tax tax return accounted 59

SMBAccountant

MARCH 6, 2024

In contrast, accrual accounting records transactions when they occur, offering a more accurate depiction of the company’s financial position over time by matching revenues with expenses. Book Accounting and Tax Accounting Small businesses may notice differences between book accounting and tax accounting.

accrual accounting 130

accrual accounting accounts payable accounted Account 130

Going Concern

APRIL 11, 2022

Let’s take a look at how things have been going for the Internet’s most vexed tax accountants in the last 48 hours or so: #taxseason observations: 1. How do I pay my taxes? I lost my tax documents. If you’re dropping your documents off to your CPA today… #TaxTwitter pic.twitter.com/r20EzByXa7.

Tax 52

Tax CPA payroll tax payroll 52

CPA Practice

JULY 25, 2024

As part of IRS’s digitization initiative, taxpayers will be able to securely file all documents and respond to all notices online, as well as securely access and download their data and account history, the agency said. Sole proprietors can now download business entity transcripts from their Business Tax Account.

online accounting 119

online accounting tax accountant Tax business tax 119

Randal DeHart

DECEMBER 16, 2022

Most construction business owners who reach out to us describe this as their "Year End Madness" to prepare their documents for the tax accountant. Fourth-quarter and year-end deadlines are approaching.

Construction 98

Construction tax preparation quickbooks tax accountant 98

ThomsonReuters

NOVEMBER 8, 2022

While there are many options out there to help you connect the dots and streamline your accounting processes, let’s take a step-by-step look at where to start and how to maximize your firm’s potential with technology. . Here’s how to start: Document your processes. Tax preparation. Assess your current processes and tech stack.

Technology 106

Technology accounted Account accountant 106

inDinero Tax Tips

NOVEMBER 4, 2021

Even if your books are perfectly accounted for, an IRS audit letter will fill anyone with a sense of dread. However, most businesses are unprepared and need IRS tax audit help. Having proper documentation of all your income and expenses is the easiest way to pass an audit.

audit 98

audit Tax tax return tax preparation 98

CPA Practice

JANUARY 17, 2023

A registered agent is a person or company with the authority to accept “service of process” (legal documents and government notices) on behalf of a business. In most cases, sellers using a marketplace facilitator, such as Amazon, can rely on the facilitator to collect and remit the sales tax on their behalf.

South Dakota 111

South Dakota income tax Legal payroll tax 111

ThomsonReuters

JULY 2, 2024

By automating repetitive and time-consuming tasks, corporate tax specialists can redirect their focus toward more strategic and value-added activities. GenAI-powered tools seamlessly streamline processes such as data entry, document management, and report generation, resulting in significant time savings and enhanced accuracy.

corporation tax 109

corporation tax Tax Technology Gaming 109

xendoo

FEBRUARY 23, 2022

How Much Time Does it Take an Accountant to Prepare Taxes? The time it takes an accountant to do taxes depends on the complexity of your return and how quickly you make your tax information and necessary documents available to them. . It is better to plan ahead before the tax filing deadline.

tax preparation 94

tax preparation Tax tax return accounted 94

CPA Practice

JUNE 21, 2023

Learn how using digital, fillable client organizers, file exchange, document request lists (DRL), and other front-end gathering tools within the SafeSend Suite is a smart technology investment. We had significant usage with the source document upload feature.” – Virginia Dennerlein, Director of Operations, Sax LLP.

Technology 80

Technology Tax Indiana Michigan 80

CPA Practice

AUGUST 27, 2024

He has more than 25 years of experience providing tax, accounting, and consulting services to high-net-worth individuals, family-owned enterprises, and exempt organizations. He has also done extensive consulting with nonprofits on tax, corporate governance, entity formation, and mergers. “As

cpas 105

cpas cpa firm public accounting tax planning 105

CPA Practice

FEBRUARY 12, 2024

Once upon a time, tax preparation was a document-heavy practice, requiring people to send their sensitive documents to their CPAs. The digitalization of the financial sector generally, and tax services in particular, has expanded access to high-quality tax services while making filing taxes more streamlined and convenient.

cpas 105

cpas Tax tax preparation Technology 105

Going Concern

AUGUST 31, 2023

Tech Stack: Adobe (return documentation), TicTie & Calculate (return documentation), CCH ProSystems, CaseWare, Doc-It, etc. Education: BBA in accounting Candidate ID # 18756621 Proven client-facing team leader provides full cycle accounting, bookkeeping & more to a wide range of client industries!

accounted 116

accounted Account accountant CPA 116

CPA Practice

JULY 16, 2024

She returned to school to study accounting at Illinois State University, earned her CPA, and worked for Deloitte in Chicago for several years as a state and local tax accountant. She has taught introductory accounting and personal finance courses, and she is a former computer applications instructor at the Indiana CPA Society.

Indiana 111

Indiana Non-Profits CPA accounting and finance 111

PYMNTS

DECEMBER 4, 2020

Linking that kind of document to the DATEV Unternehmen through the DATEVconnect online interface, users will have the ability to hand over documents quicker and easier to tax accountants, according to the release.

accounted 65

accounted Account accountant tax consultant 65

CPA Practice

JANUARY 8, 2024

Enhanced paperless processing that will enable taxpayers to submit all correspondence, non-tax forms, and responses to notices digitally and will be able to e-File 20 additional tax forms. Achieving this milestone will enable up to 125 million paper documents to be submitted digitally per year.

Tax 133

Tax tax return income tax Massachusetts 133

CPA Practice

SEPTEMBER 6, 2023

Pairing Avalara’s technology with its intelligent document management for property tax vastly increases practice accuracy and efficiency. Accountants and professional service firms that manage property tax compliance for clients require solutions that maximize the client service experience and minimize the cost of compliance.

Technology 122

Technology accounting and finance Tax CPA 122

Ronika Khanna CPA,CA

MARCH 7, 2025

CRA personnel have been able to move away from verifying calculations and manually reviewing tax returns to more value added analysis which has allowed them to identify tax miscreants with higher accuracy. Want to Simplify Your Taxes? Note: CRA still uses fax for most correspondence, while RQ allows secure document uploads.

business accounting 52

business accounting accounted Account accountant 52

Going Concern

JANUARY 19, 2024

Practice Protecting tax accounting information: Best practices for IT professionals in data security and confidentiality [ Thomson Reuters ] Accounting firms are entrusted with a wealth of sensitive financial data, including tax records, income statements, and other confidential information. Fair enough.

Arizona 104

Arizona accounting and finance Technology audit 104

CPA Practice

SEPTEMBER 16, 2024

Innovation with machine learning and cognitive intelligence: Integrations with TeamMate Analytics and TeamMate Document Linker offer a data-driven approach to scanning documents and linking evidence. Modern native cloud: Users can indulge in multiuser, real-time, anywhere access with limited offline document editing capabilities.

audit 52

audit Technology tax preparation Tax 52

MyIRSRelief

SEPTEMBER 6, 2024

We handle all communications with the IRS and provide the necessary documentation to support your tax return. Tax Dispute Resolution: We assist with resolving tax disputes, such as disagreements over tax assessments, penalties, and interest.

Tax 130

Tax tax return bookkeeping tax preparation 130

CPA Practice

AUGUST 28, 2024

Where, at first, these effects were mostly felt in communication and research, the turn of the century and the first decade of the 2000s saw firms more rapidly embrace suites of integrated tax, accounting and firm management systems. By making these tax positions accessible to the average taxpayer, Instead levels the playing field.

Technology 124

Technology accounting firms accounted Account 124