Mon.Jan 10, 2022

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8 Common Startup Tax Mistakes to Avoid

BurklandAssociates

It’s easy to forget about taxes in the early days of a startup’s formation when you are pre-revenue and working on product or service market fit. It’s understandable why most Read More. The post 8 Common Startup Tax Mistakes to Avoid appeared first on Burkland.

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Congratulations to our 2021 CFE Grads

DMCL

They passed the Common Final Exam, but there’s nothing common about their grit and determination. Congratulations to our newest class of (soon to be accredited) Chartered Professional Accountants! L-R: William Leung, Rita Jia, Yvetta Wang, Daryl Eisner, Rhea Morales, Arshdeep Rai, Felix Tan and Denny Tran. Missing from photo: Serena Liang, Devienne Mok and Livani Selvananthan.

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Great News Found in the Final Ruling of SLFRF Funds!

LSLCPAs

The US Department of Treasury has issued their final ruling on SLFRF funds last week with much needed clarification and flexibility on various fund use. The main changes are as follows: Revenue Loss Category This category has added a second simpler option: A standard allowance of up to $10 million in aggregate, not to exceed. The post Great News Found in the Final Ruling of SLFRF Funds!

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Don’t Wait

RitaKeller

“Act as if. Simply begin. Make things better by making better things. You can always improve it later.” – Seth Godin. The above quotation reminded me of many people working in public accounting. Right now, the status quo is working pretty well. Financially, firms had great years in 2020 and 2021. Don’t fool yourself into thinking that those good numbers will repeat year after year.

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How to Build the Ideal HR Team

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.

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The Business Owner’s Guide to Net Profit Margin Terminology

IgniteSpot

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HMRC waives late self-assessment filing fines for the second year in a row

Churchill-Knight

Failing to meet the self-assessment filing deadline almost certainly results in a £100 penalty from the government. However, HMRC will not enforce penalties for anyone who submits their 2020/21 tax return up to a month after the regular deadline for the second year in a row. Keep reading, and we’ll explain more about this unexpected announcement. . Fines will not be enforced for anyone who files by the 28 th February 2022.