Insightful Accountant

NOVEMBER 19, 2023

Intuit has 'reimagined' the ProAdvisor Program after 26 years, the new (v1) of the program goes live today (11/20/23) with more changes to come in the furture.

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RogerRossmeisl

NOVEMBER 19, 2023

Is your business depreciating over 30 years the entire cost of constructing the building that houses your enterprise? If so, you should consider a cost segregation study. It may allow you to accelerate depreciation deductions on certain items, thereby reducing taxes and boosting cash flow. Depreciation basics Business buildings generally have a 39-year depreciation period (27.5 years for residential rental properties).

Tax 100

Tax Construction CPA business tax 100

Ace Cloud Hosting

NOVEMBER 19, 2023

Hiring a skilled accountant or Certified Public Accountant (CPA) is essential in achieving financial clarity and making informed decisions that drive business prosperity. However, with abundant accounting professionals available, finding.

cpas 81

cpas Account accounted accountant 81

RogerRossmeisl

NOVEMBER 19, 2023

If you’re facing a serious cash shortfall, one possible solution is to take an early withdrawal from your traditional IRA. That means one before you’ve reached age 59½. For this purpose, traditional IRAs include simplified employee pension (SEP-IRA) and SIMPLE-IRA accounts. Here’s what you need to know about the tax implications, including when the 10% early withdrawal penalty tax might apply.

Tax 100

Tax CPA Account accounted 100

Advertiser: Paycor

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

CPA Practice

NOVEMBER 19, 2023

Sage, a maker of accounting, financial, HR and payroll technology for small and mid-sized businesses, has added new product updates in Sage Intacct for increased automation, deeper insights, and even stronger compliance. These significant advancements will provide increased productivity, insightful data and streamlined business processes for customers.

Technology 52

Technology Healthcare Hospitality accounting and finance 52

RogerRossmeisl

NOVEMBER 19, 2023

If you’re planning to start a business or thinking about changing your business entity, you need to determine what will work best for you. Should you operate as a C corporation or a pass-through entity such as a sole-proprietorship, partnership, limited liability company (LLC) or S corporation? There are many issues to consider. Currently, the corporate federal income tax is imposed at a flat 21% rate, while individual federal income tax rates currently begin at 10% and go up to 37%.

income tax 100

income tax CPA Tax Start-ups 100

RogerRossmeisl

NOVEMBER 19, 2023

Restricted stock awards are a popular way for companies to offer equity-oriented executive compensation. Some businesses offer them instead of stock option awards. The reason: Options can lose most or all of their value if the price of the underlying stock takes a dive. But with restricted stock, if the stock price goes down, your company can issue you additional restricted shares to make up the difference.

CPA 100

CPA Tax 100

Insightful Accountant

NOVEMBER 19, 2023

Fyle provides real-time expense management with credit card notifications, text receipt collection, and instant transaction data, independent of bank feeds.

Expense Management 52

Expense Management 52

RogerRossmeisl

NOVEMBER 19, 2023

Buy-sell agreements are a critical tool for closely held businesses and professional practices. The valuation provisions of these agreements play a significant role when buyouts happen. Unfortunately, shareholders in a New York law firm recently learned a hard lesson: While a fixed-value provision has the benefit of simplicity, failure to tie that formula to the business’s current fair market value can prove costly.

New York 100

New York CPA 100