Fri.Dec 10, 2021

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Reconstructing Books and Records For a Tax Audit

FraudFiles

You are being audited. These are some of the most dreaded words an individual or business will ever hear from a state or federal tax auditor. They invoke fear, panic, and sometimes anger. Most of all, they create a need for documentation. Every number could be scrutinized. That means documentation must be produced to support the amount of each expense and the business purpose of the item.

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“Teaching” My Wife About Our Financial Affairs

Withum

This week I took my final 2021 RMD (required minimum distribution) withdrawal from my IRA and wanted to show my wife how it works. I handle all the “big” things in our affairs – investing our portfolio and making sure we are financially secure for the rest of our lives.

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Finding More Time – Flashback Friday

RitaKeller

“The mediocre teacher tells. The good teacher explains. The superior teacher demonstrates. The great teacher inspires.” – William Arthur Ward. Ask yourself, what am I doing that someone with a lower billing rate can easily do? You need to enhance your delegation skills. Read this flashback post.

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Explaining Our Finances to My Wife

Withum

This week I took my final 2021 RMD (required minimum distribution) withdrawal from my IRA and wanted to show my wife how it works. I handle all the “big” things in our affairs – investing our portfolio and making sure we are financially secure for the rest of our lives.

Finance 52
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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SALT Credits – A Handy Guide to State and Local Tax Credits

MyIRSRelief

When it comes to matters regarding taxes and tax breaks, it’s important to know where you stand. The demand for professional tax services as of late is greater than ever before and if you’re a taxpayer yourself, you’ll instantly understand exactly why that is. For anybody who is a taxpayer, not only does it pay to seek professional help, it also pays to understand the various tax breaks and deductions which could be available to you.

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On-Demand Webinar: Winning in a Hybrid Work World – Considerations for IT Leaders

Withum

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