CPA Practice

APRIL 24, 2023

Now is an excellent time to review how your clients’ legal structure affects their business and personal taxes. Sole Proprietorship In a sole proprietorship, the property and liability of the business are not legally separate. However, the legally binding partnership agreement may outline a different partnership equity.

Legal 98

Legal income tax tax return Mississippi 98

SMBAccountant

MAY 17, 2024

The Checklist Legal Structure and Registration (Get a lawyer) First, you must decide on your legal structure (e.g., Different legal structures offer varying degrees of liability protection for business owners. These services can facilitate growth and financial management. sole proprietorship, LLC, corporation).

accounting software 130

accounting software Legal tax return financial statements 130

MyIRSRelief

MARCH 29, 2024

This article aims to provide a detailed overview of various business tax services, focusing on the needs of businesses in Whittier, California, and how they can effectively manage their tax obligations. The goal is to optimize a business’s tax position, reducing liabilities while adhering to legal requirements.

California 130

California tax services business tax Tax 130

Going Concern

FEBRUARY 17, 2023

.” Big Four: EY, Deloitte, KPMG, and PwC step on law firms’ toes increasing legal revenue to £1.25bn [ City A.M. ] The Big Four accounting firms – EY, Deloitte, KPMG, and PwC – are capturing an ever-larger share of the global market for legal services. Billion Error | 2.17.23 appeared first on Going Concern.

Legal 98

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CPA Practice

FEBRUARY 23, 2023

AbacusNext, a software provider for legal and accounting professionals, has rebranded as CARET to further unite the family of the most successful brands in professional service automation and technology. Simply put, we create space for what matters, just like a caret.

Technology 52

Technology Legal Account accountant 52

MyIRSRelief

FEBRUARY 9, 2024

When the Internal Revenue Service (IRS) imposes a wage or bank levy , it can create a significant financial strain on individuals and businesses alike. A levy is a legal seizure of property to satisfy a tax debt, and when it comes to wages or bank accounts, the impact is direct and immediate.

Tax 130

Tax Legal Account accountant 130

TaxConnex

APRIL 25, 2024

TaxConnex’s recent market survey of 100 top finance professionals found that almost half (46%) of respondents used internal sources to prepare and file returns and more than half used internal resources to track nexus and manage jurisdictional notices and communications. What’s their customer service?

Sales 199

Sales Tax accounting and finance auditor 199

Randal DeHart

MAY 10, 2024

This is a mark of professionalism and can also help if you have an insurance or legal claim. Contractor paperwork documentation and procedures You should develop documentation and record-keeping procedures appropriate for your contracting operation or service if necessary.

Construction 100

Construction Legal bookkeeping Account 100

TaxConnex

FEBRUARY 27, 2024

Your sales tax obligations depend on knowledge and that knowledge often resides in a professional tax specialist (usually an accountant) who helps your company meet its sales tax obligations. With the former, you risk that a professional versed in the tax code of the U.S. What’s their customer service? How to fill the need?

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Sales Tax Account accountant 219

Going Concern

MARCH 15, 2023

Today is the day that PwC ushered in a new era for professional services : a global partnership with AI startup Harvey, offering PwC’s legal professionals “exclusive access” (that is, they are the only Big 4 firm who has it) to the platform. All outputs will be overseen and reviewed by PwC professionals.

Legal 102

Legal Technology California Gaming 102

CPA Practice

MARCH 20, 2024

A thorough engagement letter acts as a roadmap – outlining services, enabling your firm to standardize its service pricing, and setting client expectations in addition to establishing the cash flow and revenue cycle for your firm. An engagement letter serves as a legal contract that outlines the terms and conditions of the engagement.

Legal 114

Legal Account accountant accounted 114

PYMNTS

FEBRUARY 6, 2020

While opportunities for supply chain finance and dynamic discounting can be found across verticals, demand for these capabilities is particularly high in the corporate legal services industry. ” Aligning Incentives. ” Aligning Incentives. .” ” Aligning Incentives.

Legal 52

Legal accounts payable accounting and finance Finance 52

TaxConnex

DECEMBER 14, 2023

Services, on the other hand, are the hard calculation. Not every state taxes services not every state taxes the same ones, and those that do tax services do so in a galaxy of ways. One thing we know for sure is that services continue to pop up among states’ lawmakers as a potential new source of sales tax revenue. “We

West Virginia 206

West Virginia Virginia Kentucky Minnesota 206

MyIRSRelief

MAY 19, 2023

In these situations, seeking professional tax help in New York can make a significant difference in resolving your tax problems and avoiding legal and financial consequences. If you are facing a tax audit, seeking professional tax help in New York can help you navigate the audit process and protect your rights.

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MyIRSRelief

FEBRUARY 23, 2024

In this comprehensive guide, we’ll delve into the intricacies of IRS bank levies, the repercussions of unpaid back taxes and unfiled returns, and the invaluable role of professional representation in resolving these issues. Furthermore, failure to file tax returns can result in hefty fines and legal repercussions.

tax return 130

tax return Tax CPA accounting and finance 130

CPA Practice

AUGUST 22, 2023

A survey of more than 1,200 individuals working internationally shares the predicted impact that generative AI will have on the future of professional work. The survey, the Future of Professionals Report , was commissioned by Thomson Reuters , a global content and technology company.

Legal 98

Legal Technology Tax tax return 98

ThomsonReuters

APRIL 2, 2024

Jump to: The allegations The IRS investigation Ohtani’s response Implications for Ohtani and the Dodgers Broader impact on professional sports Uncovering the truth The Internal Revenue Service (IRS) launched an investigation into the financial scandal involving Shohei Ohtani, the star player for the Los Angeles Dodgers.

Gambling 105

Gambling Sports Legal Tax 105

PYMNTS

JUNE 11, 2020

Social distancing restrictions implemented to curb the virus’s spread are preventing compliance professionals from obtaining physical identification documents and holding in-person meetings that typically enforced anti-money laundering/know your customer (AML/KYC) compliance. Digital Innovation, Legal implementation. Pennsylvania Gov.

Legal 74

Legal Real Estate Technology Pennsylvania 74

MyIRSRelief

APRIL 22, 2024

Audit Representation, also known as Tax Audit Defense, is a service where a tax professional represents you before the IRS or state tax authorities (FTB, EDD, CDTFA) during an audit. Benefits: Expert Guidance: Professionals handle all communication with the tax authorities, reducing the stress of direct dealings.

Tax 130

Tax payroll tax tax return payroll 130

CPA Practice

APRIL 17, 2024

­­­­Wolters Kluwer, a provider of information, software, and services for professionals, has announced Atul Dubey as General Manager of its Finance, Risk and Regulatory Reporting (FRR) business, part of its Corporate Performance & ESG (CP & ESG) division. part of the company’s Legal & Regulatory division, effective May 1.

Legal 52

Legal Finance 52

PYMNTS

MARCH 21, 2019

The nature of cannabis commerce is changing, and not just because of spreading legalization (with New Jersey the latest state to be in the midst of considering that move). Women have become involved in all facets of the legal cannabis operations across the United States and Canada. businesses as a whole, the publication said.

Legal 68

Legal New Jersey New York Education 68

CPA Practice

APRIL 25, 2024

Thomson Reuters, a global content and technology company, has launched an expanded vision for CoCounsel, its professional-grade GenAI assistant. Our unique combination of resources means we can deliver on our vision of providing professionals a new, human-centric point of access to our suite of Thomson Reuters products.

Legal 52

Legal Tax Technology Manufacturing 52

CPA Practice

APRIL 29, 2024

During the Intuit Accountants “Better Together” event in New York City, the Intuit ProTax Group brought together tax professionals and industry thought leaders. For tax professionals and their firms, the high stress and workloads are unsustainable to stay in the field. The pivot was life changing.

Tax 124

Tax tax return Technology bookkeeping 124

ThomsonReuters

JANUARY 8, 2024

Traditionally, tax professionals spend a considerable amount of time on repetitive and time-consuming activities such as data entry, invoice processing, and reconciliations. However, with the advent of AI-powered software, these tasks can now be automated, freeing up valuable time for professionals to focus on higher-value activities.

Tax 101

Tax Account accountant accounted 101

CPA Practice

APRIL 17, 2024

Thomson Reuters, a global content and technology company, has launched an expanded vision for CoCounsel, its professional-grade GenAI assistant. Our unique combination of resources means we can deliver on our vision of providing professionals a new, human-centric point of access to our suite of Thomson Reuters products.

Legal 52

Legal Tax Technology Manufacturing 52

ThomsonReuters

APRIL 17, 2024

The emergence of g enerative artificial intelligence ( GenAI ) has sparked both excitement and apprehension in the tax industry, with professionals divided on its potential impact. Access full report The new report The Thomson Reuters Institute has released its latest report on GenAI, titled 2024 GenAI in Professional Services.

Tax 98

Tax tax preparation tax return Technology 98

CPA Practice

SEPTEMBER 13, 2023

State CPA Societies in Action is a series of articles spotlighting the varied educational, advocacy, networking and professional activities of the state CPA societies across the U.S. ] The ASCPAs mission is to create professional opportunities for members and prospective members to maximize their potential.

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Arizona cpas CPA Louisiana 105

CPA Practice

MARCH 26, 2024

State CPA Societies in Action is a series of articles spotlighting the varied educational, advocacy, networking and professional activities of the state CPA societies across the U.S. ] The ASCPAs mission is to create professional opportunities for members and prospective members to maximize their potential.

Arizona 64

Arizona cpas CPA Louisiana 64

CPA Practice

MARCH 6, 2024

Propense.ai , a SaaS platform using AI technology to improve client service and drive cross-selling revenue for professional services firms, has raised $3 million in its first round of seed funding led by Harlem Capital. gives them tools to proactively recommend beneficial services to their clients with confidence.

B2B 52

B2B Technology Legal Tennessee 52

CPA Practice

MAY 10, 2024

Professionals on the Move is a round-up of recent promotions, management changes, and other staffing announcements from across the profession. Suzanne Konstance will succeed Dubey as General Manager of Wolters Kluwer Legal & Regulatory U.S, part of the company’s Legal & Regulatory division, effective May 1.

Tennessee 64

Tennessee audit New York income tax 64

CPA Practice

APRIL 9, 2024

Competitive firms looking to seize that opportunity need to modernize their approach to investing in both technology and staff development to enable professionals at all levels of the firm to elevate how they serve clients and dive into their professional purpose as accountants.

cpa firm 122

cpa firm CPA Technology Legal 122

MyIRSRelief

OCTOBER 2, 2023

There are so many things to think about, from developing a business plan to marketing your products or services. You don’t have a lot of money to spend on accounting and tax services. With accurate financial information, you can make better decisions about everything from pricing your products or services to hiring new employees.

tax services 130

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CTP

FEBRUARY 29, 2024

American gaming has boomed since sports betting and online gambling were legalized. Internal Revenue Service (IRS) reporting rules from W-2Gs to 1099-Ks are very confusing for taxpayers to understand. Without knowing that information, you can’t serve your client the legal help required to avoid paying IRS tax debts.

Gambling 105

Gambling Tax Account accountant 105

MyIRSRelief

FEBRUARY 1, 2023

If you are considering submitting an OIC, it may be helpful to work with a tax professional who has experience in this matter. Tax representation refers to the process of representing a taxpayer in their dealings with a tax authority, such as the Internal Revenue Service (IRS) in the United States. What is an EA – Enrolled Agent?

Tax 147

Tax tax return cpas audit 147

Going Concern

OCTOBER 24, 2023

‘Tis the season for global professional services firm revenue announcements and PwC has given us theirs today — remember, these numbers aren’t audited so we just have to trust them. Revenue by service line in US currency, PwC was even kind enough to include the FY22 figures: Assurance grew by 8.9%

Legal 111

Legal audit Tax Technology 111

Reckon

APRIL 11, 2024

But it’s also no understatement that a lot can go wrong while running your business – despite your professionalism and expertise, some things are still out of your control. This could also include their legal fees. Product Liability insurance typically covers legal liability and legal costs that result from a claim.

Legal 52

Legal Education 52

Cherry Bekaert

MARCH 27, 2024

A Delaware Statutory Trust (DST) is a real estate investment vehicle structured as a separate legal entity. Breaking Down the DST Structure A DST is an independent legal entity created under the provisions of the Delaware Statutory Trust Act, 12 Del. DSTs are considered securities under federal law and hold fractional interest.

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Delaware Real Estate accounting standards Legal 110