Withum

SEPTEMBER 25, 2023

Learn how Withum helped a healthcare client optimize realtime reporting, internal controls, scalability and automation while improving efficiencies within their finance department. The Client The client is a healthcare management company specializing in innovative diagnostic and interventional radiology and vascular care services.

Healthcare 52

Healthcare Technology accounting and finance New Jersey 52

ThomsonReuters

MARCH 1, 2024

Jump to: How are S corporations taxed? How can S corporations reduce their taxes? How a corporate tax software can help filing S corporation taxes Setting up your business as an S corporation (S corp) provides several tax advantages that are not available to owners of C corporations (C corp) or Limited Liability Companies (LLCs).

corporation tax 52

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ThomsonReuters

APRIL 25, 2024

As an accountant, advising your clients on retirement income taxes and related strategies can help them to optimize their financial planning in their golden years. Let’s take a look at some commonly asked questions on retirement income taxes and how your firm can best advise clients as they approach their retirement years.

Tax 52

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CPA Practice

JUNE 30, 2023

(ET) Description: With the recent passage of new legislation known as “ SECURE 2.0 ,” tax credits for small business owners are significantly larger, meaning they can essentially start their company retirement plan for free. Patriot offers award-winning online accounting software and payroll software nationwide.

Tax 52

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PYMNTS

NOVEMBER 19, 2020

It’s an idea that has the power to change the payments parameters in the entire payroll industry. A companywide survey confirmed that a vast majority of their workers' whole paychecks were consumed by taxes and living expenses, leaving only 4 percent behind on average. And while PayPal is the latest, it is far from the only.

payroll 67

payroll New Jersey Healthcare New York 67

Going Concern

MAY 16, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

Real Estate 59

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Going Concern

MAY 2, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

Real Estate 59

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Cherry Bekaert

APRIL 6, 2023

Tax Professional Responsibilities The Internal Revenue Services (IRS) recently issued two general announcements ( IRS Warns of ERC Scams ) warning taxpayers to be wary of third-party consultants taking improper positions related to the Employee Retention Credit (ERC). Full disclosure to a client of their tax situation.

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MyIRSRelief

APRIL 15, 2021

Lately, there has been a lot of talk surrounding R&D tax credits, and how they can potentially benefit large and small companies alike, regardless of which industry you happen to be involved in. Here’s a look at several things to know surrounding R&D tax credits. First off, what are R&D tax credits? Increased ROI.

Tax 100

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Bharmal&Associates

SEPTEMBER 4, 2020

From individual tax planning services to complex corporate consulting engagements, we are ready to be your full-service CPA firm. In a recent review, the CFO and owner of A1 Healthcare, Binita Trivedi, praised the accounting work that we did for their management company. Star Average on the platform. They’re family-based.

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ThomsonReuters

FEBRUARY 8, 2022

1) Communicate clearly to win new tax clients. When you seek to win new tax clients, it’s best to start at the beginning. With so many generations in need of tax and accounting services in the market today, it can be a challenge to discover what a client truly wants or needs, or how they want to connect with you.

Tax 105

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PYMNTS

MAY 1, 2020

Small businesses fortunate enough to get their Paycheck Protection Program (PPP) loans forgiven will forfeit some tax breaks, according to new rules from the Internal Revenue Service (IRS). . This treatment prevents a double tax benefit,” the agency said in the notice. This conclusion is consistent with prior guidance of the IRS.”.

Tax 70

Tax payroll tax return Healthcare 70

CPA Practice

NOVEMBER 16, 2023

Sage, a maker of accounting, financial, HR and payroll technology for small and mid-sized businesses, has added new product updates in Sage Intacct for increased automation, deeper insights, and even stronger compliance. PwC is now expanding their early adopter program to US customers. customers with the press of a button.

Technology 98

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PYMNTS

JANUARY 29, 2020

businesses are likely already feeling tax season’s pressures. Filing is exhausting and complicated for individuals, and businesses experience those tax difficulties to a far greater degree. SMBs And Manual Tax Frustrations. Digitizing these processes can ease SMBs’ tax frustrations. Spring may seem far away, but U.S.

Tax 56

Tax Technology Spend Management Expense Reimbursements 56

Menzies

APRIL 18, 2024

The off-payroll working rules, or IR35 as it’s commonly referred to, have been around for some time. The rules exist to ensure that in circumstances where a worker or contractor meets the definition of an employee, that worker pays broadly the same income tax and National Insurance contributions to that of a PAYE employee.

chartered accountant 64

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VetCPA

APRIL 1, 2020

The Coronavirus Aid, Relief and Economic Security Act (CARES Act or Act), which includes cash payments to taxpayers, expanded unemployment insurance, increased funding for healthcare providers, small business loans, and tax relief to businesses. The Act is the third bill from Congress in response to the COVID-19 pandemic.

payroll tax 100

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DentalAccounting

APRIL 1, 2020

The Coronavirus Aid, Relief and Economic Security Act (CARES Act or Act), which includes cash payments to taxpayers, expanded unemployment insurance, increased funding for healthcare providers, small business loans, and tax relief to businesses. The Act is the third bill from Congress in response to the COVID-19 pandemic.

CPA 100

CPA payroll tax cpa accounting cpa firm 100

KROST

SEPTEMBER 20, 2021

This is one of the articles in the KROST Quarterly Technology Issue, titled “2021 Tax Planning for Tech Companies: Employee Retention and R&D Credits.” The enactment of the Consolidated Appropriations Act (CAA) provided clarity on the interplay of R&D Tax Credits, ERTC, and Paycheck Protection Program (PPP) loans.

tax planning 52

tax planning Technology Tax Healthcare 52

SkagitCountyTaxServices

FEBRUARY 8, 2024

Before I get to those things, let me make a quick plug for getting on my calendar because business tax deadlines are coming and last-minute action is NOT a good strategy for keeping your Mount Vernon business compliant and tax-light. and those take time to sort through. I’m curious if you feel the same?

Legal 82

Legal Healthcare business tax Tax 82

CPA Practice

NOVEMBER 19, 2023

Sage, a maker of accounting, financial, HR and payroll technology for small and mid-sized businesses, has added new product updates in Sage Intacct for increased automation, deeper insights, and even stronger compliance. PwC is now expanding their early adopter program to US customers. customers with the press of a button.

Technology 52

Technology Healthcare Hospitality accounting and finance 52

CPA Practice

NOVEMBER 15, 2023

Sage, a maker of accounting, financial, HR and payroll technology for small and mid-sized businesses, has added new product updates in Sage Intacct for increased automation, deeper insights, and even stronger compliance. PwC is now expanding their early adopter program to US customers. customers with the press of a button.

Technology 52

Technology Healthcare Hospitality accounting and finance 52

SkagitCountyTaxServices

MAY 8, 2024

This is how I often feel about the government’s decision-making with taxes: Q: What’s the difference between death and taxes? But if they aren’t able to overturn the ruling, that also means you’ll need to re-evaluate your workforce and payroll to ensure you’re compliant with the regulations. Take this for example: The U.S.

Healthcare 61

Healthcare Government Manufacturing payroll 61

SingleTrackAccounting

FEBRUARY 7, 2020

We are starting down the third year of the Tax Cuts and Jobs Act and tax savings are all around us. Every year the standard tax brackets increase with inflation. Here’s a breakdown of the 2020 tax brackets. . Here are 5 tax saving strategies for small businesses. You would end up paying $1,530 in taxes.

Tax 75

Tax income tax tax return Colorado 75

LyfeAccounting

APRIL 22, 2021

We’ve all heard it before… Amazon paid $0 in taxes while making over 11 billion dollars in profit. And while most businesses were paying their fair share of taxes, in 2018, Amazon received a rebate of $129 million. This basically means Amazon got a federal tax refund for millions of dollars. How to Write Off Taxes Like Amazon.

Tax 52

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CPA Practice

MARCH 7, 2023

For example, it makes sense to suggest electing S Corp status to your clients when their self-employment tax burden exceeds the tax burden if the corporation converted to an S Corp. For businesses structured as corporations, being an S Corp can help them avoid paying taxes at the corporate and shareholder levels. for Medicare.

New Hampshire 114

New Hampshire Tax tax return income tax 114

LyfeAccounting

JANUARY 20, 2021

You had paid salaries and payroll taxes or paid independent contractors. Second, you can use your 2019 and 2020 annual tax returns to confirm the revenue reduction. times your average monthly payroll costs and healthcare costs or. $10 Here is the list of qualified non-payroll expenses: Rent. 10 million.

Non-Profits 52

Non-Profits payroll Healthcare Hospitality 52

Cherry Bekaert

AUGUST 25, 2023

As a result, many dealerships were faced with a tough decision: keep their employees on the payroll despite lower revenues, or risk permanently losing their investment in their staff with temporary layoffs. There are a few important things to remember when claiming the ERC tax credit. Y/N) Employee related to Owner? (Y/N)

Pennsylvania 97

Pennsylvania Government tax return Tax 97

SkagitCountyTaxServices

SEPTEMBER 27, 2023

But it’s not universally popular among employees, especially those with high healthcare needs, who report finding themselves using a significant portion of their time off for medical reasons. Note : Don’t forget to consider the tax implications and reporting requirements when implementing PTO conversion policies.

payroll tax 70

payroll tax Healthcare payroll CPA 70

PYMNTS

JANUARY 10, 2020

This makes for a decade of steady payroll growth, which is the longest stretch in 80 years, according to a report by The Wall Street Journal. The hiring slowdown was indicative of employers’ difficulty in finding enough workers, as well as worldwide economic trepidation and lingering effects of the 2018 tax cuts.

payroll 52

payroll Hospitality Construction Healthcare 52

CPA Practice

OCTOBER 16, 2023

Of those respondents who do make a move, nearly 57% do so to reduce retirement expenses , opting for states with lower taxes and a more affordable cost of living. Healthcare and inflation are top concerns when it comes to the cost of living in retirement.

Healthcare 98

Healthcare Real Estate Washington accounting and finance 98

PYMNTS

SEPTEMBER 20, 2017

The payroll landscape is in flux in the U.S., Regulators, especially at the state level, are forcing companies to change their payroll software and strategies. From changing minimum wages to paid time off rules, to ongoing regulations impacting payroll cards, companies have to stay on their toes to remain compliant.

payroll 40

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Going Concern

SEPTEMBER 1, 2023

The professional and business service sector added 19,000 jobs, including 2,700 in accounting, tax preparation, bookkeeping and payroll services. Law & Order Co-Owner of Media Brokerage Firm Pleads Guilty to Filing a False Tax Return [ Department of Justice ] According to court documents and statements made in court, Susan K.

Account 102

Account accountant accounted audit 102

Cherry Bekaert

FEBRUARY 26, 2024

These functions can include managing payroll, accounts payable, accounts receivable, monthly bank reconciliations, tax prep support, legal compliance and financial reporting, among others. Outsourced accounting occurs when a business hires an external, third-party company to handle its finance and accounting functions.

Account 81

Account accountant accounted accounting and finance 81

Withum

MARCH 3, 2023

Supreme Court interpreted sales tax nexus under the Commerce Clause as a minimal physical connection with a state; however, in South Dakota v. 2080 (2018) , the Supreme Court held that physical presence is no longer the only requirement for sales tax nexus and expanded the meaning of nexus to include sales into a state by a remote seller.

South Dakota 52

South Dakota Tax Real Estate Sales 52

Going Concern

AUGUST 21, 2023

Want me to cover the front desk while working on Payroll? Based in Tampa Bay, Massanova will support Freed Maxick’s healthcare industry clients with services in revenue cycle management (RCM) and claims analytics. The tax is twofold: a levy upon acquisition and, if eventually sold, on the profit. Enjoy your angry employees!

audit 52

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CPA Practice

JULY 25, 2023

Those were among the findings of a new survey from Grant Thornton LLP, one of America’s largest audit, tax and advisory firms. Take the healthcare industry, for example,” said Lilley. Every device in a patient’s room is connected to their technology systems. You have to prioritize spending on technology so you can stay competitive.

Technology 52

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PYMNTS

MARCH 1, 2020

The added protections would include a minimum earnings guarantee, expense reimbursement, a healthcare subsidy and insurance to cover on-the-job injuries. The initiative would create an alternative to AB5 which keeps employees classified as independent contractors but increases their worker protections.

California 61

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