Remove income tax Remove tax preparation Remove Transportation
article thumbnail

Top Remote Tax and Accounting Candidates of the Week | June 5, 2025

Going Concern

Remote Work Experience: Y Salary: $125k, flexible for the right opportunity Time Zone: Eastern Sign up for FREE to learn more about this candidate FTE Tax and Accounting | Candidate ID #18294691 Certifications: CPA in process Education: BA Accounting Experience (years): 9+ years of overall experience Work experience (detail): All in public accounting (..)

article thumbnail

Federal implications of the ‘One Big Beautiful Bill’: What’s changing and how to respond

ThomsonReuters

Key individual provisions The OBBBA brings significant updates to individual tax policy by permanently extending many of the Tax Cuts and Jobs Act (TCJA) provisions that were previously set to expire. Pass-Through Entity Tax (PTET) remains intact. Charitable contributions.

Tax
Insiders

Sign Up for our Newsletter

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

article thumbnail

Tax Fraud Blotter: Who ya gonna call?

Accounting Today

For the "Standard" option, Brown had his preparers falsely claim sick and family leave credits and other false items. Brown and other ghost preparers who worked with him falsified 63 federal income tax returns for clients, causing the Treasury to issue $1,003,631 in false tax refunds. All rights reserved.

Tax
article thumbnail

Using an Income Tax Preparation Service: Is It Worth the Cost?

MyIRSRelief

When it comes to tax season, many people are faced with the decision of whether to prepare their own taxes or use an income tax preparation service. While it may seem like an added expense, there are many benefits to using a professional tax preparation service that make it well worth the cost.

article thumbnail

Top Remote Accountants of the Week | August 29, 2024

Going Concern

ACCOUNTING CANDIDATES FTE Accounting | Candidate ID #22164759 Certifications: CPA in process Education: BA and MA Accounting Experience (years): 20 years business experience Work experience (detail): 6+ in public accounting Provides accounting services for multiple clients Payroll processing and tax filing Prepares Federal filings for SMBs, S-Corps (..)

article thumbnail

Unveiling the Secrets of Tax Deductions and Credits: A Comprehensive Guide for Individuals and Businesses

MyIRSRelief

The Difference Between Deductions and Credits Before we dive into the world of tax deductions and credits, it’s essential to understand the fundamental difference between the two: Tax Deductions: Deductions reduce your taxable income, which, in turn, lowers the amount of income subject to taxation.

Tax
article thumbnail

9 eCommerce Tax Deductions for 2021

xendoo

Online merchants typically have a small variety of travel expenses, since you’ll be using a car to perform basic tasks that include: Transporting packages to the post office or shipping company. Keep in mind that we’ve been talking exclusively about cars, but there are other transportation costs that you can deduct, like: Airfare.

Tax