RogerRossmeisl

FEBRUARY 16, 2025

When deciding on the best structure for your business, one option to consider is a Ccorporation. This entity offers several advantages and disadvantages that may significantly affect your business operations and financial health. Heres a detailed look at the pros and cons of operating as a C corporation. Tax implications A C corporation allows the business to be treated and taxed separately from you as the principal owner.

Non-Profits 257

Non-Profits corporation tax CPA Tax 257

Insightful Accountant

FEBRUARY 16, 2025

Murph takes you through the steps for using the recent enhancement that allows you to reverse a Direct Deposit Payroll Check from within QuickBooks Online Payroll.

payroll 52

payroll quickbooks 52

RogerRossmeisl

FEBRUARY 16, 2025

When considering the advantages of U.S. Treasury savings bonds, you may appreciate their relative safety, simplicity and government backing. However, like all interest-bearing investments, savings bonds come with tax implications that are important to understand. Deferred interest Series EE Bonds dated May 2005 and after earn a fixed rate of interest.

Tax 245

Tax CPA Government 245

RogerRossmeisl

FEBRUARY 16, 2025

Intangible assets, such as patents, trademarks, copyrights and goodwill, play a crucial role in todays businesses. The tax treatment of these assets can be complex, but businesses need to understand the issues involved. Here are some answers to frequently asked questions. What are intangible assets? The term intangibles covers many items. Determining whether an acquired or created asset or benefit is intangible isnt always easy.

Tax 232

Tax CPA business tax 232

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

Tax

RogerRossmeisl

FEBRUARY 16, 2025

Before you contact a business valuation professional, ask yourself the following five questions to help streamline the valuation process and avoid unnecessary confusion down the road: (1) Whos hiring the valuator? The party that hires a valuation expert is typically responsible for putting up a retainer and paying the invoices. Attorneys may ask the client to hire the valuator directly to avoid collection issues.

CPA 253

CPA 253

RogerRossmeisl

FEBRUARY 16, 2025

There are two tax breaks that help eligible parents offset the expenses of adopting a child. In 2025, adoptive parents may be able to claim a credit against their federal tax for up to $17,280 of qualified adoption expenses for each child. This is up from $16,810 in 2024. A tax credit is a dollar-for-dollar reduction of tax. Also, adoptive parents may be able to exclude from an employees gross income up to $17,280 in 2025 ($16,810 in 2024) of qualified expenses paid by an employer under an adopt

Tax 250

Tax CPA 250