Mon.Mar 29, 2021

article thumbnail

2021 Individual Tax Estimates are Due April 15th

RogerRossmeisl

April 15 is the deadline for the first quarterly estimated tax payment for 2021, if you’re required to make one. You may have to make estimated tax payments if you receive interest, dividends, alimony, self-employment income, capital gains, prize money or other income. If you don’t pay enough tax during the year through withholding and estimated payments, you may be liable for a tax penalty on top of the tax that’s ultimately due.

tax 132
article thumbnail

Tips for improving your firm’s virtual presence

ThomsonReuters

If tax and accounting professionals have learned anything from the past year of the COVID-19 pandemic, it’s that our new ways of communicating are not going away anytime soon. What can your firm do to ensure that its virtual presence is keeping up with the new normal? In this episode of Pulse of Practice, “ Virtual Presence ”, Paul Miller, CPA from Business by Design , and I discuss the best practices for improving your firm’s virtual presence, so you can guarantee professionalism even while wor

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How I Saved a Business

Withum

Some time ago I was engaged to help a company close. I was also to help its owner become bankrupt and lose her house and everything she had, but for her to not have continuing liability for unpaid payroll taxes. It seems those taxes could not be extinguished in personal bankruptcy.

article thumbnail

Consider This Before Selling Your C-Corp Stock

inDinero Tax Tips

Sometimes, just for fun, we tax accountants love to quiz each other—and today you get a peek into our legendary sense of humor! So pop quiz…what do IRC Sections 1202 and 368(a)(1)(F) have in common? The answer—both of these tax code sections might save you some serious cash if you’re planning to sell your C-corp stock. The gist of section 1202. When you sell the stock of a C-corp, for more than you originally paid for it, you have a capital gain.

tax 59
article thumbnail

Planning Your Restaurants Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

article thumbnail

Payroll Tax Deferral for Federal Employees Prompts Criticism

CTP

A government notice indicating that President Trump’s temporary payroll tax deferral will go into effect for federal employees sparked alarm from observers, who say the move may be illegal. The Agriculture Department’s National Finance Center, which provides administrative services to federal agencies, stated in an August 21 notice that beginning with the first pay period […].

article thumbnail

Treasury Secretary Responds to State AGs on ARPA Restriction

ThomsonReuters

U.S. Treasury Secretary Janet Yellen has issued a response to the letter signed by 21 state attorneys general requesting clarification regarding Section 9901 of the American Rescue Plan Act of 2021 (ARPA), which includes language limiting the ability of states to to use ARPA funds to offset certain tax relief measures for a period of time after receiving the federal aid authorized by the act. ( Letter from Treasury Secretary Janet Yellen to State Attorneys General, 03/23/2021 ).

tax 52

More Trending

article thumbnail

Pay Attention to Your CAS Services!

RitaKeller

“You miss 100% of the shots you don’t take.” – Wayne Gretzky. Profession experts have been telling you that CAS services are lucrative for you and important to your small business clients. The following is from a Facebook post by Jim Metzler (who most of you know from his many years with the AICPA. I feel it is important enough to use just as he posted.

cpa 45
article thumbnail

On-Demand Webinar: Social Media Best Practices for the Restaurant Industry

Withum

117
117
article thumbnail

Two Women of Withum Garner Spots on 2021 ROI-NJ Women in Business Influencers List

Withum

98
article thumbnail

Women in Automotive: Pushing Boundaries of Leadership Roles

Withum

59
article thumbnail

How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

article thumbnail

On-Demand Webinar: Restaurant Revitalization Fund – What You Need to Know

Withum

52
article thumbnail

Women in Construction and Automotive: How to Overcome in Traditionally Male-Dominated Industries

Withum

article thumbnail

Indiana State Tax Updates

Withum

Indiana 52
article thumbnail

On-Demand Webinar: Restaurant Revitalization Fund – What You Need to Know

Withum

52
article thumbnail

No-Code Technology: The Key to Unlock the Future of Your Business

Global economies are reeling from recent upheavals—pandemic aftershocks, geopolitical conflicts, and a tech sector crunch. Mark Zuckerberg's 2023 "Year of Efficiency" ethos extends into 2024, with leaders seeking cost reductions without stunting growth. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.

article thumbnail

Women in Automotive

Withum

52
article thumbnail

Idaho State Tax Updates

Withum

Idaho 40