ThomsonReuters

MARCH 5, 2024

tax system, including provisions affecting both individuals and businesses. “The TCJA, like most big tax laws, is like the spokes of a wheel,” John Rose, J.D., Director of Federal Tax Quality Control at Aprio, began. 115-97 ) of 2017 brought about significant changes to the U.S.

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Withum

MARCH 21, 2024

Did you know that ERP systems can be a game-changer for your tax teams, making tax-related activities a breeze and boosting overall efficiency? The tax applications within an ERP system can speed up tax-related activities, including tax calculation, reporting, compliance and optimization.

Tax 59

Tax NetSuite tax return tax planning 59

CPA Practice

APRIL 22, 2024

Host Informative Workshops: Organize free, educational workshops on financial wellness, tax planning, or small business accounting. Client Appreciation Events: Host an event specifically for thanking clients, such as a barbecue or a day at a local baseball game. These can be done over a casual coffee or even a lunch.

accounting firms 52

accounting firms Account accountant accounted 52

Withum

FEBRUARY 29, 2024

Shohei Ohtani’s State Tax Liability Ohtani’s deferred compensation arrangement provides him an interesting State income tax planning opportunity that would not have been available had he signed a “standard” contract. The Los Angeles Dodgers play their home games in California, which has the highest state income tax rate.

income tax 105

income tax Tax Sports payroll 105

CPA Practice

NOVEMBER 19, 2023

In June 2022, Ignition and Intuit took their partnership one step further with the launch of Tax Planning and Advisory Proposal templates to further support thousands of ProAdvisors. This new integration with ProConnect signifies a third wave for the continued partnership. “The

quickbooks 52

quickbooks tax preparation Tax tax planning 52

Xero

JULY 3, 2022

How do I know if I’ll end with a tax bill or a tax refund? Before 30 June, it’s a good idea to get in touch with your advisor to start tax planning. This is the best way to understand whether you’ll receive a refund or a bill from the ATO, and what options you have in terms of minimising or fronting your tax to pay.

business tax 110

business tax Tax bookkeeping accounting and finance 110

Withum

FEBRUARY 29, 2024

Shohei Ohtani’s State Tax Liability Ohtani’s deferred compensation arrangement provides him an interesting State income tax planning opportunity that would not have been available had he signed a “standard” contract. The Los Angeles Dodgers play their home games in California, which has the highest state income tax rate.

Tax 97

Tax income tax Sports payroll 97

CPA Practice

JULY 23, 2023

Even when your business is at the top of its game, a solid short-term funding option means you can add staff, increase inventory, and seize on a big opportunity. But managing your business’s finances yourself is time-consuming and accounting or tax mistakes can have especially nasty and costly consequences.

accounting and finance 98

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ThomsonReuters

APRIL 30, 2024

Rather than simply completing tax returns or financial statements, accountants are proactively engaging with clients throughout the year, offering strategic guidance on tax planning, financial management, and business growth strategies. Let’s take a look. Automation.

Technology 52

Technology accounting firms financial statements Tax 52

ThomsonReuters

MARCH 9, 2023

Enter: Thomson Reuters Tax Season Toolkit. This one-stop-shop can help make life easier by providing comprehensive resources so you can stay ahead of the game in today’s ever-changing world of tax and accounting. Breeze through tax season easily with our comprehensive year-end tax season toolkit. What’s new? •

Tax 59

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Anders CPA

NOVEMBER 13, 2023

Although the industry’s ultimate goal is for complete descheduling, the proposed shift would be a game-changer for cannabis operators because it would nullify the federal tax provision 280e which essentially taxes cannabis retailers on gross margin.

Tax 72

Tax tax planning Education CPA 72

xendoo

OCTOBER 1, 2021

Today, we’ll offer you three tips for catching up on your books and getting you back in the game. . Here are some of the reasons why you need current books: Tax Planning. Overdue books will cripple your business once tax season rolls around. Nearly 25% of businesses are behind in their books. Thankfully, we can help.

bookkeeping 98

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Shay CPA

MARCH 27, 2024

Fortunately, equity grants have completely changed the game. Employee stock purchase plans (ESPPs): This program lets employees use payroll deductions to buy company stock at a discounted price. If you want help exploring equity grants — and their tax implications — at your company, we’ve got you covered. Easy, right?

payroll 52

payroll CPA Tax tax planning 52

Going Concern

JULY 13, 2022

At the recent ENGAGE 2022 event in Las Vegas, AICPA President and CEO Barry Melancon, CPA, CGMA, said the profession is at a defining moment , with businesses seeking advice and assurance on a broad range of areas beyond financial statements, from sustainability to integrated tax planning to the transformation of the finance function.

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financial statements quickbooks payroll accounting and finance 115

CPA Practice

JANUARY 31, 2024

The vast majority of professionals no longer provide “one and done” tax preparation services during tax season; instead, they work with their clients year-round to ensure they are using proper tax planning strategies to reduce their liability year after year. In terms of software enhancement, AI is a game-changer.

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Tax Account accountant accounted 49

Basis 365

JUNE 8, 2023

Accounting tasks, from managing financial records to preparing tax returns, can be overwhelming and time-consuming. This is where outsourcing your accounting with Xero can be a game-changer for your business. Benefits of Outsourcing Your Accounting with Xero 1.

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Snyder

NOVEMBER 10, 2022

Poor tax planning can result in high penalties with accruing interest rates to the IRS. A lesser-discussed problem is overpaying your taxes and losing money on miscalculations. If you want to harness the tax game and avoid losing money, employing tax preparation software for a small business can be a game changer.

tax preparation 52

tax preparation Tax tax return accounting software 52

CTP

OCTOBER 2, 2023

Businesses that can offer assistance with childcare will find themselves ahead of the game with more productive and loyal employees—and possibly increased tax savings. Summary The tax credits explored above were created to encourage more investment in retirement savings and to offset childcare costs for employees.

Tax 52

Tax Non-Profits tax planning Gaming 52

ThomsonReuters

APRIL 4, 2022

At the end of the day, all tax preparation software will give you the same result: a completed client tax return on an IRS-approved form. The game-changer is in the journey — how you get to that final output and what are the efficiencies gained along the way. Outline efficiencies and growth opportunities.

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Tax Technology tax preparation tax return 98

xendoo

OCTOBER 18, 2021

Your business taxes will be paid on your annual tax return , though businesses that anticipate paying over $1,000 in taxes are encouraged to make quarterly estimated payments. . Again, an eCommerce accountant can help you with tax planning and preparation, so you can ensure you’re prepared for tax season.

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Going Concern

MAY 5, 2023

Digital credentials that are convenient, cost-effective and secure have the potential to open new digital marketplaces, from e-commerce and DeFi to gaming,” Micha Bitterli, head of Deloitte Managed Services, said in the statement. I consider what happened there to be completely inappropriate.

audit 106

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ThomsonReuters

JANUARY 18, 2024

According to the IRS , enrolled agents are subject to a suitability check and must pass a three-part Special Enrollment Examination to demonstrate their proficiency in individual and business tax return preparation, federal tax planning, and representation.

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Accounting Insight

FEBRUARY 27, 2023

Here are some different ways you can segment your target market: By industry – e.g. construction, professional services, medical By vertical – e.g. retail, e-commerce By client – e.g. not-for-profits, charities By service – e.g. tax planning specialists, or fractional CFOs By geography – e.g. by town/city Once you’ve chosen your target market, you (..)

accounting firms 64

accounting firms Account accountant accounted 64

KROST

DECEMBER 14, 2021

We are encouraging taxpayers to get ahead of the game and start re-evaluating IRC Section 174 expenditures now, for immediate and long-term tax planning. Learn more about Research & Development Tax Credit ». Evaluate whether any of the assets currently developed in-house could be acquired.

Tax 52

Tax corporation tax accounting and finance Technology 52

LyfeAccounting

JUNE 9, 2021

The IRS doesn’t really approve of people trying to game the system and would like investors to bear some risk for their trades. A complete breakdown of the cryptocurrency tax loophole that no one is talking about. If you want more tips on how to save on your taxes, then go ahead and subscribe to our newsletter. Talk to us today!

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Tax tax preparation accounting and finance Sales 59

LyfeAccounting

APRIL 30, 2021

So here’s a bonus tip that will save you thousands of dollars in taxes – getting S-Corp status! Once your LLC is growing, making a profit, and is your sole source of income, then you’re deep in this entrepreneurial game. So, it can be greatly beneficial to be taxed as an S-Corporation. in self-employment taxes!

Tax 52

Tax Real Estate tax planning accounting and finance 52

xendoo

MAY 19, 2021

As a small business owner, you want to keep your head in the game. Ideally, an experienced accountant will monitor your books all year long (or at least at regular intervals), which is vital when it comes to tax planning. A Florida Certified Public Accountant Can Help You to Understand Sales Tax Laws.

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SkagitCountyTaxServices

DECEMBER 8, 2021

Now I get it … the rush of customers and clients, strange hours, extra errands: It’s a tough time of year to think about tax. But the calendar waits for no business, and time is getting short to plan your moves. If you want to talk all of this through and get ahead of the game while you can, we’re right here: 360-424-1040.

business tax 52

business tax Tax tax preparation payroll tax 52

LyfeAccounting

JUNE 7, 2021

When you buy art, it can be a tax write-off. That’s just the opening move in a game of chess. Since the tax write-off matches the income, there is zero income to be taxed. And you need more help with your taxes, whether you’re a business owner or an individual, our team can help you.

Legal 59

Legal Tax income tax Real Estate 59

LyfeAccounting

APRIL 23, 2021

Now, this is the power of leveraging the tax code and why accountants and CPAs get paid so much money. Because the right accountant, even though may charge you $5000 for tax planning , may help save you $60,000 in a tax year. If you want to play the tax game, you need to get into business. Final Takeaways.

Tax 52

Tax quickbooks Real Estate accounting and finance 52

CPA Practice

SEPTEMBER 6, 2023

HubSync Gateway [link] HubSync’s ELW is a game-changer that redefines engagement letter and general document management. Clients benefit from proactive service, accurate financial insights, and timely tax planning. Digits AI truly represents the future of business finance.

Technology 122

Technology accounting and finance Tax CPA 122

LyfeAccounting

DECEMBER 30, 2020

This is very important to understand because if you want to use the tax laws and system to your advantage, you have to learn how the game is played so you can maximize your chances of winning. Know the game and increase your chances of dominating the game. Contact us today!

Real Estate 52

Real Estate Tax income tax Gaming 52

CPA Practice

DECEMBER 29, 2023

Tankersley, CPA.CITP, CGMA 21:22 Well, I think liscio is doing great things that single portal, their addition of, of tax organizers, and of business texting, and their unification of all of these, all of these streams of data, I think is a is a game changer. Now you didn’t hear Randy say you got to provide them all.

Technology 59

Technology quickbooks cpa firm CPA 59

SkagitCountyTaxServices

OCTOBER 21, 2020

Then, we will listen together to see what whichever President we have says about their tax plans … and react accordingly. This is what we do here at Padgett & Padgett, PLLC CPA … we pay attention to these very specific tax things so you don’t have to. Which is why I advise: wait and see.

Tax 76

Tax CPA tax preparation tax return 76

ThomsonReuters

MARCH 18, 2021

Better data: Provide the business and your tax team with transparency around processes and a single version of data truth they can use to make informed decisions. Get the right level of data you need for tax planning and forecasting faster and more easily. Tracking Global Tax Filing Deadlines on A Spreadsheet Doesn’t Work.

Tax 98

Tax Technology corporation tax tax planning 98

CPA Practice

DECEMBER 20, 2023

So, again, I don’t know whether Brian and I are getting gamed by the people or not, I don’t think so. And it was very fascinating to me, because post the QB connect conference, I’ve had multiple different position, people insight into it reach out, you know, ask him for time to explain what’s going on and so forth.

quickbooks 98

quickbooks Technology payroll Start-ups 98

ThomsonReuters

MARCH 2, 2021

On the other hand, buying a proven tax data software solution from an experienced technology partner can circumvent these problems while also saving money. You can integrate tax data software with an ERP system and you gain control over your tax planning and obligations with up-to-date and accurate data.

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