AccountingDepartment

SEPTEMBER 27, 2021

Many businesses have in-house accounting departments because this was simply the norm for years past. With new levels of technology and the ability for businesses to save money, be more efficient and improve their accounting accuracy, the benefits of outsourced accounting are becoming more recognized. As businesses grow, many are making the switch.

Account 84

Account accountant accounted Technology 84

RogerRossmeisl

SEPTEMBER 27, 2021

Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the median price of homes sold in July of 2021 rose 17.8% over July of 2020. The median home price was: $411,200 in the Northeast, $275,300 in the Midwest, $305,200 in the South, and $508,300 in the West. Be aware of the tax implications if you’re selling your home or you sold one in 2021.

Tax 236

Tax income tax CPA Sales 236

Generate Accounting

SEPTEMBER 27, 2021

Inland Revenue have announced that a new resident withholding tax rate for high income earners is now available. If you are New Zealand resident, income that you earn from interest and dividends has tax deducted “at source” This means that it should be tax free when it is paid to you but only if you have the advised the bank or share register of your correct resident withholding tax rate.

Tax 52

Tax accounting and finance Finance Government 52

RogerRossmeisl

SEPTEMBER 27, 2021

If you use an automobile in your trade or business, you may wonder how depreciation tax deductions are determined. The rules are complicated, and special limitations that apply to vehicles classified as passenger autos (which include many pickups and SUVs) can result in it taking longer than expected to fully depreciate a vehicle. Cents-per-mile vs. actual expenses First, note that separate depreciation calculations for a passenger auto only come into play if you choose to use the actual expense

Tax 185

Tax CPA cpa firm business tax 185

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.

Martin Quinn

SEPTEMBER 27, 2021

Photo by Nothing Ahead on Pexels.com. It has been a while since my last post, busy times. I hope to be able to get back to more regular posting now. When I teach accounting to students for the first time, I typically draw on definitions which used words like “economic” and “communication” Such definitions are of course a bit dated, and I typically provide more current insights on what accounting actually is, bringing in accounting for non-financial items and accounting fo

definition of accounting 52

definition of accounting Account accountant accounted 52

RogerRossmeisl

SEPTEMBER 27, 2021

What do COVID-19, major hurricanes and West Coast wildfires have in common? All three have attracted scam artists, who have bilked disaster victims, charitable donors, insurance companies and government agencies out of billions of dollars. Also, all of these disasters — and the criminals who take advantage of them — are the focus of The National Center for Disaster Fraud (NCDF).

CPA 130

CPA Government 130

ThomsonReuters

SEPTEMBER 27, 2021

How can you know when your firm should offer advisory services? Let’s take a look at the different changes you might be experiencing, and how offering advisory services is a great response. Client expectations are changing. Clients have ever changing needs. As their needs change, your firm needs to be willing to adapt to do the same. If your clientele has growing interest in things like crypto currency, nonfungible tokens, or blockchain they will need your help navigating these worlds.

Start-ups 52

Start-ups tax planning Tax Account 52

FraudFiles

SEPTEMBER 27, 2021

There is little doubt that litigation can be stressful for clients and attorneys alike. With filings, briefs, and deadlines, the litigator has little time to worry about whether her or his expert witness is getting the job done. The attorney usually has one shot for the expert to get the case right. If the expert witness fails, it can have wide-reaching implications for the entire case.

forensic accounting 52

forensic accounting Legal Account accountant 52

RitaKeller

SEPTEMBER 27, 2021

“The most difficult thing is the decision to act.” – Amelia Earhart. Back in late August, Daniel Hood, Editor-in-Chief of Accounting Today asked the question, “Is it too hard to become a CPA?” He referred to the difficulty of the CPA Exam and the extra credit hours needed to sit for the Exam. You can read my opinion here.

cpas 9

cpas CPA Account accountant 9