CPA Practice

MARCH 26, 2024

It was a free-for-all,” said Michael Brown, an FBI supervisory special agent who heads a financial crimes squad in South Florida. South Florida was a fraudster’s feast. He also claimed his company’s payroll was $1,035,091 in the previous year on an IRS tax form. All kinds of people were dipping in. Criminals cashed in.

Real Estate 124

Real Estate Florida payroll Government 124

ThomsonReuters

FEBRUARY 9, 2022

Part 2 of this blogpost explains how prevalent payroll is in our daily lives with a focus on key issues in 2022, including unemployment, disaster relief, paid sick leave, and international. The 2022 tax year version may include more states if the loans are not repaid. The guide also contains information on FUTA taxes.

payroll 98

payroll California Connecticut Tax 98

CPA Practice

SEPTEMBER 1, 2023

The Internal Revenue Service today announced tax relief for individuals and businesses affected by Idalia in parts of Florida. 15, 2024, to file various federal individual and business tax returns and make tax payments. Quarterly estimated income tax payments normally due on Sept. 15, 2023, and Jan.

Tax 119

Tax income tax tax return payroll 119

CPA Practice

SEPTEMBER 12, 2023

Some state tax filing and payment deadlines have also been extended. The tax deadline extension for South Carolina follows several other storm-related tax extensions, including a Florida tax deadline extension following Hurricane Idalia. Taxpayers who were granted an original tax deadline extension of Oct.

South Carolina 64

South Carolina Tax tax return income tax 64

MyIRSRelief

JULY 3, 2023

During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. They can help implement internal controls, review payroll processes, and provide guidance to minimize the risk of errors or discrepancies in future ERC claims.

audit 130

audit North Carolina Oklahoma Ohio 130

CPA Practice

SEPTEMBER 13, 2023

The Internal Revenue Service today announced tax relief for individuals and businesses affected by Idalia in 28 of the state’s 159 counties in Georgia. 15, 2024, to file various federal individual and business tax returns and make tax payments. Quarterly estimated income tax payments normally due on Sept.

Georgia 105

Georgia South Carolina income tax tax return 105

ThomsonReuters

MARCH 22, 2021

Shortly thereafter, colonists raised the issue of taxation without representation in protest and within a year’s time the British government repealed the Stamp Act tax. So, why the brief history lesson on American Colony taxes? To illustrate the point that there are a lot of taxes to keep up with, even back in Colonial times.

payroll 52

payroll Tax Arkansas Texas 52

CPA Practice

APRIL 17, 2023

2.3%) Wasp Barcode Technologies (0.8%) Other (13.4 %) ————– – Payroll Insight : There are dozens of payroll systems on the market, but not all provide accounting firm modules for managing multiple clients, or at least accountant access to reporting tools.

quickbooks 130

quickbooks payroll Technology audit 130

Going Concern

SEPTEMBER 25, 2023

Court records show that Urban is currently in custody in Florida, serving a prison sentence for defrauding a previous employer of more than $283,000, and using the embezzled money to pay for court-ordered restitution for a prior embezzlement. Tracy Mitchell, the owner of House of Deals, Inc., and House of Furniture and Mattress, Inc.,

tax preparation 82

tax preparation Gambling Account accountant 82

xendoo

JANUARY 16, 2023

How Are Small Businesses Taxed? Depending on your business structure and income, you may be subject to one or more types of taxes. The IRS taxes corporations as separate legal entities, which opens them up to double taxation. The IRS then taxes them at the corporate income tax rate.

business tax 52

business tax Tax income tax payroll tax 52

LyfeAccounting

MAY 18, 2021

Or why they think they can get away with lying about businesses and employees when there are so many ways to easily invalidate their loans such as: payroll taxes and. previously filed business returns. It was a video allegedly posted by the Florida couple Julio Lugo and Rosenide Venant. Let’s unpack this.

Florida 71

Florida tax return Washington Maryland 71

xendoo

MARCH 17, 2022

Xendoo offers business owners 24/7 access to their financial statements and tax returns in their customer portal. At Xendoo, each team member works under one roof in our Fort Lauderdale, Florida office. How Do Online Bookkeepers Access Physical Documents? Why is Online Bookkeeping Important for Small Business Growth?

bookkeeping 98

bookkeeping bookkeeping software quickbooks bookkeeping services 98

PYMNTS

SEPTEMBER 23, 2019

She also submitted a false tax return in 2016, omitting those funds as income. The investment firm Dapco LTO Investment, based in Florida, invested $3 million in Enerblu. million in total funding, and executives had tens of thousands of dollars in reimbursed expenses and put relatives on the payroll.

Oklahoma 49

Oklahoma Kentucky Florida Maryland 49

LyfeAccounting

JANUARY 19, 2021

million from a Florida ministry in a PPP fraud case. The PPP loan is for payroll and other qualified expenses. They may ask for personal tax returns, bank statements, pay stubs, etc. If you cut payroll or make pay decreases, those will likely affect the forgiveness amount of your loan. Feds recently seize $8.4

payroll 52

payroll Florida tax return accounting and finance 52

inDinero Tax Tips

MARCH 13, 2023

An LLC’s profits and losses pass straight through to the owners and are taxed as part of their income. In contrast, the profits you earn in an S corp are taxed separately. You can choose to become an employee of the S corp, be paid a reasonable salary, and incur payroll taxes on those wages. The LLC partners have 3.5

income tax 52

income tax Non-Profits payroll tax Tax 52

inDinero Tax Tips

MARCH 13, 2023

An LLC’s profits and losses pass straight through to the owners and are taxed as part of their income. In contrast, the profits you earn in an S corp are taxed separately. You can choose to become an employee of the S corp, be paid a reasonable salary, and incur payroll taxes on those wages. The LLC partners have 3.5

income tax 52

income tax Non-Profits payroll tax Tax 52