article thumbnail

7 ways to attract and win new tax clients

ThomsonReuters

Adding services in the areas beyond filing tax returns, such as accounting, payroll, bookkeeping, business planning, payroll and audit solutions, will always be services clients need. Respondents also indicated interest in receiving other services from their accounting firms. 3) Boost your firm’s reputation.

Tax 105
article thumbnail

147 Cloud Accounting Software Apps: The Big List

Ryan Lazanis

Below are some of the best cloud accounting software for small businesses. 1) QuickBooks Online A true juggernaut in the small business accounting software space, QuickBooks Online is widely known across firms and self-employed business owners alike as one of the best accounting software products.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PPP Loan 2021 – FAQ & How To Get Approved + Forgiven

LyfeAccounting

Restaurants and other hospitality businesses may have exceptions to these limits. times your average monthly payroll costs and healthcare costs from the prior year or within the calendar year for businesses in the hospitality and food services industries. 10 million. Here is a complete list in this link ; or. $2

article thumbnail

How to Claim Tax Deductible Charitable Donations

LyfeAccounting

But Section 501(c)(3) of the IRS rules clarifies this in detail and examples of qualified entities include: religious organizations, charities like Goodwill and the salvation Army, nonprofit schools, hospitals and volunteer fire departments, and public parks. …to name a few. Contact us today at 470-240-1437!

Tax 52
article thumbnail

Top 5 Tax Penalties & Interest Payments 2021 (Avoid These)

LyfeAccounting

Also, keep in mind that you will likely need to show evidence, so you may need to show a hospital bill, court record, or insurance claim, for example. The post Top 5 Tax Penalties & Interest Payments 2021 (Avoid These) appeared first on Small Business Accounting & Finance Blog. Misled by advice from the IRS.

Tax 52
article thumbnail

Tax Credits You May Claim Now

MyIRSRelief

The small-business accounts for tax credit is a great way for your business to grow. Fix and flip businesses, which renovate residential properties. These include hospitals/health care buildings; industrial facilitates with job creation capabilities (elevator installation); etc.

Tax 100