RogerRossmeisl

MAY 31, 2022

What are the tax consequences of selling property used in your trade or business? There are many rules that can potentially apply to the sale of business property. Thus, to simplify discussion, let’s assume that the property you want to sell is land or depreciable property used in your business, and has been held by you for more than a year. (There are different rules for property held primarily for sale to customers in the ordinary course of business; intellectual property; low-income housing;

Sales 187

Sales Tax CPA business tax 187

BurklandAssociates

MAY 31, 2022

Even in a down market, 2022 has the potential to be a solid year for fundraising for startups with a sizable market opportunity, proven product-market fit, and solid metrics. As Read More. The post What is a Startup CFO’s Role in Fundraising? appeared first on Burkland.

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130

RogerRossmeisl

MAY 31, 2022

If you donate valuable items to charity, you may be required to get an appraisal. The IRS requires donors and charitable organizations to supply certain information to prove their right to deduct charitable contributions. If you donate an item of property (or a group of similar items) worth more than $5,000, certain appraisal requirements apply. You must: Get a “qualified appraisal,” Receive the qualified appraisal before your tax return is due, Attach an “appraisal summary” to the first tax ret

tax return 233

tax return CPA Tax 233

Accountant Advocate Submitted Articles

MAY 31, 2022

It can be appealing to view the federal government as a customer, but do you know what it takes to prepare a federal government contract bid?

Government 130

Government CPA 130

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Account

RogerRossmeisl

MAY 31, 2022

Like many people, you may have dreamed of turning a hobby into a regular business. You won’t have any tax headaches if your new business is profitable. But what if the new enterprise consistently generates losses (your deductions exceed income) and you claim them on your tax return? You can generally deduct losses for expenses incurred in a bona fide business.

Tax 209

Tax tax return CPA 209

Intuitive Accountant

MAY 31, 2022

Based on increasing demand for QuickBooks Online and its mission to help its customers thrive, QuickBooks is accelerating its investment in QBO platform products. Liz Scott digs a little deeper.

quickbooks 115

quickbooks 115

Patriot Software

MAY 31, 2022

You don’t know what you don’t know. This phrase couldn’t be more true, especially when it comes to taking up your business’s accounting. After all, it’s a technical and complex subject. And when it comes to your responsibilities, you probably have a million accounting questions—even if you don’t know exactly what they are. Have questions […] READ MORE.

Account 103

Account accountant accounted 103

RogerRossmeisl

MAY 31, 2022

The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that doesn’t match the agency’s records. These CP2100 and CP2100A notices are sent by the IRS twice a year to payers who filed information returns that are missing a Taxpayer Identification Number (TIN), have an incorrect name or have a combination of both.

CPA 191

CPA Account accountant accounted 191

MazumaBusinessAccounting

MAY 31, 2022

Have you ever wondered how long to keep important financial records such as receipts, bank statements, and credit card bills? You’re not alone! Rather than keep everything forever and let the stacks of paper reach the ceiling, develop an organized system of keeping receipts for the recommended amount of time. Remember, the IRS recommends keeping tax-related documents for at least six years.

tax return 98

tax return Real Estate Tax audit 98

Reckon

MAY 31, 2022

27 May – 3 June marks National Reconciliation Week in Australia. This is an important time to consciously recognise and respect our nation’s first people and consider the way we can move toward a more inclusive and respectful future. “National Reconciliation Week (NRW) is a time for all Australians to learn about our shared histories, cultures, and achievements, and to explore how each of us can contribute to achieving reconciliation in Australia.” – Reconciliation Australia.

accounting software 98

accounting software Account accountant accounted 98

Advertiser: Paycor

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

Xero

MAY 31, 2022

We’re hitting the road again with Xero Roadshow 2022, but this year it’s a tiny bit different. We’re taking the Xero tiny home on the road to connect with you in your local communities, so it’s the New Zealand Roadshow – the Tiny Edition 2022. The Xero team will be visiting 28 locations across the country from late June to early December 2022.

Education 96

Education bookkeeping 96

Accounting Insight

MAY 31, 2022

ACCA (the Association of Chartered Certified Accountants) offers a cautious initial welcome to the BEIS announcement about the UK’s corporate reporting and audit regime that aims to bring transparency and accountability for businesses, investors, accountants and auditors. Mike Suffield, Director of Policy & Insights at ACCA comments: ‘The Government’s announcement talks rightly of the need to build trust in the UK’s corporate reporting and audit.

audit 52

audit auditor Maine Account 52

Intuitive Accountant

MAY 31, 2022

Intuit has started rolling out the R5 (Release 5) Update to QuickBooks 2022 Desktop Products. Some users already are being prompted to install the updates downloaded via automatic updates.

quickbooks 52

quickbooks 52

Snyder

MAY 31, 2022

When your small business is always on the go, trying to keep track of all your business expenses can be a challenge. Luckily, it doesn’t have to be that way. By creating an expense report, you can track all your business spending in one place so you don’t have to worry about forgetting anything. If you’re trying to grow your business and stay on top of things, you need to know where your money is going.

E-commerce 52

E-commerce accounting and finance audit accounting software 52

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

Inform Accounting

MAY 31, 2022

New legislation taking effect in 2023/24 will affect non-corporate trading businesses that prepare accounts to a date other than 31 March or 5 April. The new rules will alter how the taxable profits of accounting periods are matched into tax years for the purposes of self-assessment profit reporting and income tax calculation. At the moment, when reporting taxable profits for a tax year, it is necessary to report the taxable profits coming from the accounting period that ends in the tax year in

Non-Profits 52

Non-Profits income tax tax return Tax 52

Going Concern

MAY 31, 2022

Much like at the biggest public accounting firms in the US, the Great Resignation has hit Alliantgroup hard over the last year or two, as employees have left the House of Jadav for greener pastures, more money, and a less toxic work environment. And now that the Houston-based national tax consulting firm is under investigation by federal authorities , more current Alliantgroup employees are planning their escape.

tax consultant 52

tax consultant audit public accounting Tax 52

Inform Accounting

MAY 31, 2022

Unbelievably there were very few changes to the HMRC advisory fuel rates from 1 March 2022, which may not have been your experience at the filling station! Now that the increased road fuel prices have fed through into the HMRC calculations there are some significant increases from 1 June 2022. These are the suggested reimbursement rates for employees' private mileage using their company car.

tax return 52

tax return Tax Government 52

Accounting Today

MAY 31, 2022

audit 120

audit Account accountant accounted 120

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

Technology

RitaKeller

MAY 31, 2022

“Life is like riding a bicycle. To keep your balance you must keep moving.” – Albert Einstein. I’m sure you have been reading about EY’s break-up plan. Splitting the audit and advisory businesses faces significant hurdles but other firms could follow. Here’s an interesting article that you should read.

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audit 45

Accounting Today

MAY 31, 2022

Tax 117

Tax 117

Intuitive Accountant

MAY 31, 2022

By answering these key questions, you will be able to transition more clients to cloud accounting.

Account 52

Account accountant accounted 52

Accounting Today

MAY 31, 2022

Account 105

Account accountant accounted Technology 105

Advertiser: Paycor

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

GBQ

MAY 31, 2022

Storyteller, speaker and security architect only begin to describe cyber expert and enthusiast Jerod Brennan. Learn how he went off-script to explore a career in technology with the goal of helping folks get one step closer to doing what they want to do - securely. Storyteller, speaker and security architect only begin to describe cyber expert and enthusiast Jerod Brennan.

Technology 40

Technology 40

Accounting Today

MAY 31, 2022

audit 98

audit Account accountant accounted 98

GBQ

MAY 31, 2022

Storyteller, speaker and security architect only begin to describe cyber expert and enthusiast Jerod Brennan. Learn how he went off-script to explore a career in technology with the goal of helping folks get one step closer to doing what they want to do - securely. Storyteller, speaker and security architect only begin to describe cyber expert and enthusiast Jerod Brennan.

Technology 40

Technology 40

Accounting Today

MAY 31, 2022

Tax 98

Tax 98

Advertisement

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.

Finance

Mark Lee

MAY 31, 2022

In my experience many accountants have more potential to succeed than they themselves believe. They are better accountants than they are prepared to admit. And they deserve to be more successful than they have so far managed to be. Could this be true of you too? Equally there are plenty of accountants whose self-confidence is delusional. This probably doesn’t apply to you.

Account 52

Account accountant accounted 52

Accounting Today

MAY 31, 2022

payroll 98

payroll Account accountant accounted 98

Intuitive Accountant

MAY 31, 2022

Intuit is rolling out the Release 14 (R14) for QuickBooks Desktop 2020 Products. Some users may already have been prompted to install the update.

quickbooks 40

quickbooks 40

Accounting Today

MAY 31, 2022

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98

Advertisement

"Offer payroll and do it yourself,” they said. “It’ll be fun!” Spoiler alert: It was not fun. Most CPA firms know that they need to offer payroll services to their clients or risk losing them to another firm that will. However, many don’t really want to. It is often time-consuming and complex due to changing tax laws and regulations, and with the growing staffing shortages, most just don’t have the resources.

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