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5 Cyber Tips for CPAs for Tax Season and After

CPA Practice

This type of malware poses a severe risk to CPA firms, often starting as a dripping leak but becoming a gushing waterfall, as it can enable unauthorized access to sensitive client data, including tax returns, financial statements, and personal information.

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Los Angeles Tax Services – Local tax firm serving all Southern California

MyIRSRelief

Taxes can be broken down into three categories: what you purchase, what you own, and what you earn. They contribute to resources such as our government, educational systems, law enforcement, libraries, and others. However, individuals who fail to pay taxes can suffer penalties and potential criminal charges.

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Friday Footnotes: KPMG UK Pay Freeze; PwC Canada Layoffs; EY Bailing on Office? | 11.24.23

Going Concern

Accounting Education Disrupted [ CPA Journal ] Although emerging technologies have disrupted the entire accounting ecosystem in recent years, the education realm has been one of the areas hardest hit. Taxpayers who use tax professionals can sometimes also show reasonable cause—i.e.,

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Guide to accountant responsibilities

ThomsonReuters

Examining financial documents and financial transactions to ensure compliance and rectify any discrepancies. Preparing tax returns. Furthermore, because CPAs have a responsibility to the users of the client ’ s financial statements, clients expect CPAs to uphold the profession ’ s rules on independence.

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Be an Odd Duck: Work on, Not in Your Public Accounting Practice

Speaker: Tom Bowman, CPA of Bowman & Company

It is possible to run an Accounting Firm and never do tax returns or financial statements! Use Accountant Advocate's webinars to earn continuing education credits from the CBA! They get wrapped up in production work and never take the time to manage, grow and promote their practice.

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What’s the difference between accounting and bookkeeping?

Reckon

They also provide tax advice, undertake compliance work, produce financial statements and income tax returns. On the other hand, bookkeeping is not necessarily a profession that requires higher education. If you require day-to-day support in terms of data and compliance, a bookkeeper is perfect.

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How Long to Keep Important Financial Records

MazumaBusinessAccounting

You might be wondering how long to keep bank statements. Documents such as tax returns, receipts, bank statements, or pay stubs can also be kept in a safe deposit box or simply a locked file at home. At Mazuma, we help our clients save and organize important financial information in our secure online accounting portal.