Tue.Mar 01, 2022

article thumbnail

Finding Fraud With Analytical Review of Financial Statements

FraudFiles

Performing analytical review on the financial statements of a company is an important part in the fraud detection process. It can help detect manipulation of the numbers, as we are looking at account balances and their relationships to one another. How have account balances changed from period to period? How have the relationships between accounts changed from period to period?

article thumbnail

Sales tax and accounting services

TaxConnex

It’s that time of year again when everyone suddenly thinks about preparing their income taxes. But does tax preparation incur sales taxes – and if it does, where and how? Tax preparers are generally accredited individuals – certified public accountant (CPA) and enrolled agent (EA) are two common preparer designations – who have completed previous and ongoing education to understand compliance for varied tax purposes.

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

Los Angeles Business Bookkeeping Services – Choosing the right firm

MyIRSRelief

Bookkeeping is a very important part of any business and unless you have a dedicated department to handle yours, you should consider hiring an outside tax/accounting firm. Keeping track of how much money is coming in and going out is paramount and when it comes to hiring a firm you need to find the right one. Hopefully, by the time you get to the end of this article, we provided you with enough reasons to choose to go with a tax/accounting firm that offers the best Business Bookkeeping Services.

article thumbnail

ROI-NJ Names Bill Hagaman on 2022 Power List

Withum

Withum is proud to share that New Jersey Business Publication, ROI-NJ, named CEO and Managing Partner Bill Hagaman , as a top influencer in the state’s business world. “Not only has he made Withum a national player during his tenure, he’s been an example of giving back to the business and nonprofit communities…” ROI-NJ. The annual list recognizes successful leaders within their fields and within the greater community.

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

What You Need to Know About Estimated Quarterly Taxes

MazumaBusinessAccounting

If you are self-employed or a contract worker and you are generating a profit, you may need to pay estimated quarterly taxes. This is the Internal Revenue Service’s (IRS) way of collecting taxes from people who don’t have them withheld from their paychecks through payroll. Our guide on estimated quarterly taxes will help you understand who needs to pay them, how to calculate them, and how to pay your quarterly taxes.

tax 52
article thumbnail

Tips on How to be a Great Individual Tax Client

Dent Moses

We’ve just sent out 2021 individual tax organizers. Clients use the organizer in different ways and complete to different degrees –which is fine. Some are meticulously complete while other organizers are return sealed in the mailing envelope untouched by human hands. The most important part of the organizer are the questions on the first few pages. Do you have foreign bank accounts or Crypto currency?

tax 52

More Trending

article thumbnail

Top Three Ways to Modernize Traditional Work Habits with These Microsoft 365 Features

Withum

Every organization has employees accustomed to traditional means of working who may find difficulty transitioning to a digital workplace. Guide these employees by clearly demonstrating how their current work habits are an improved but familiar digital work experience. Below are some statements of what I often hear from these traditional workers and how these Microsoft 365 features can evolve the work habits.

article thumbnail

Wanting To Be Served

RitaKeller

“We live in the age of entitlement, as opposed to enlightenment.” – Bill Bailey. Do you need to listen to a parenting expert? Yes. As John Rosemond , a widely-read parenting expert wrote this a few years ago: People with high self-esteem want to be paid attention to and served. They believe in their entitlement. On the other hand, folks with high regard for others pay attention to others and look for opportunities to serve them.

article thumbnail

Ready to Comply With the FTC’s Amendments to the Safeguards Rule? 

Withum

What you don’t know can hurt you. What is the Safeguards Rule? The Federal Trade Commission (“FTC”) issued a final rule effective January 10, 2022, to amend the Gramm-Leach-Bliley Act’s Standards for Safeguarding Customer Information (“Safeguards Rule”) that is applicable to non-bank providers of financial products or its expanded definition of ‘covered financial institutions’.