Sun.Jun 26, 2022

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IRS Releases Updated Cost Segregation Audit Techniques Guide

RogerRossmeisl

On 6/1/22, the IRS made available an update to the “Cost Segregation Audit Techniques Guide” (Publication 5653). Originally issued in 2004, the purpose of the Audit Techniques Guide (ATG) was to offer guidance to IRS auditors auditing cost segregation studies. Because the ATG is an interpretation of the law, as opposed to the law itself, it cannot be cited as precedent.

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Bookkeeping is The Minimum

Basis 365

When you run a business, bookkeeping is the minimum. Bookkeeping is compliance work. The IRS wants you to comply by having good books and records to substantiate the amounts you put on your business tax return. Banks want you to comply to loan covenants if you have a bank loan with them. To run a business doing more than the minimum is required. Bookkeeping only for compliance purposes is a mistake.

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The countdown is on to Xerocon Sydney 2022!

Xero

Since the pandemic’s arrival, advisors have carried the weight of small business survival on their shoulders. But now, we’re entering a new chapter in our nation’s pandemic journey. Although challenges lie ahead, opportunities for growth, innovation and human connection are all within reach. This is why, after a two-year hiatus, we couldn’t be more excited to enter this new era with a celebration.

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QBO Monday Minute: That's a Wrap

Intuitive Accountant

As we say goodbye to this year’s ‘Scaling New Heights,’ Liz Scott looks at the conference’s common goals, technology solutions, education, and even germs.

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How to Build the Ideal HR Team

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.

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Payment on account - what it is & how to pay your tax bill

Wellers Accounting

Ercan Demiralay FCCA explains the details and intricacies of payment on account.

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4 Key Strategies to Accelerate Your Firm’s Growth

Intuitive Accountant

Are you looking for the secrets to bolstering your growth and revenue? Hinge Managing Partner Lee Frederiksen has your answers.

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