MyIRSRelief

FEBRUARY 8, 2023

Tax Preparation, Tax Planning, and Tax Representation: Understanding the Importance of Professional Assistance Tax preparation, tax planning, and tax representation are all crucial components of managing your finances and ensuring that you meet your tax obligations.

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MyIRSRelief

DECEMBER 13, 2024

Focus on Core Work: CPAs can concentrate on financial statements, financial assurance, tax preparation and planning, while lawyers can focus on legal strategies, knowing their clients tax issues are in capable hands. By referring clients to Mike, CPAs and lawyers ensure the best possible outcomes.

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MyIRSRelief

DECEMBER 15, 2022

Compliance with laws and regulations: SoCal small business owners are required to keep certain financial records in order to comply with various laws and regulations, such as tax laws. Proper accounting and bookkeeping can help them to meet these requirements and avoid potential legal issues. What is income tax preparation service?

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MyIRSRelief

MARCH 29, 2024

In the bustling city of Whittier, California, businesses face a myriad of tax-related challenges that can significantly impact their operations and financial health. From business tax preparation to dealing with unpaid back taxes and navigating complex audits, the tax landscape can be daunting.

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RogerRossmeisl

NOVEMBER 12, 2023

Although most tax preparers are ethical and help ensure their clients file timely and accurate tax returns, a small percentage abuse their position of trust. Such promoters can expose businesses and individuals to financial and legal risk. They may, for example, engage in fraudulent activities that harm taxpayers.

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CPA Practice

FEBRUARY 17, 2023

Tax season is always stressful. Hurried filers inundate tax preparers working furiously to help their clients file on time while the dreaded tax deadline looms. However, it’s important to pause and reflect on your data privacy standards, digital communication norms, and potential vulnerabilities this tax season.

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CTP

NOVEMBER 15, 2023

* Real tax planning is very hands-on, customized, and proactive. It takes a trained expert, with advanced education, specialization, and licensure to ensure the highest ethical standards and to protect you legally before the IRS! The lowest level of credentials is a licensed tax preparer. A simple plan is one thing.

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CTP

APRIL 29, 2022

Even if a tax court ultimately rules that your return position is not allowed, as long as your position has a reasonable basis in the law (or meets a higher standard), you have met your legal obligation and are unlikely to be subject to a penalty.

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CPA Practice

FEBRUARY 3, 2023

TNS) A Columbus, GA-based tax preparer has pleaded guilty in federal court to charges that she submitted false claims for tax credits for her clients and also failed to pay her own personal taxes. As tax season is currently underway, citizens should be reminded that committing tax fraud will lead to criminal prosecution.”

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CPA Practice

JUNE 24, 2024

Tax Preparation Checklist: A comprehensive list of documents and information needed from clients for tax preparation, such as income statements, expense receipts, and previous tax returns. Invoice Template: For billing clients for services rendered. Also, any output you use should always be checked by an expert.

accounting firms 124

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Going Concern

MAY 1, 2025

TAX & ACCOUNTING CANDIDATES FTE Tax and Accounting / Senior | Candidate ID #24150397 Certifications: EA Education: BA Accounting Experience (years): 4+ years tax, accounting and advisory Work experience (detail): Currently a senior accountant with a public firm Prepared 300+ individual and SMB returns in 2025 Full cycle accounting and financial (..)

Real Estate 59

Real Estate Tax accountant Account 59

CPA Practice

SEPTEMBER 19, 2024

Taxation in the Cannabis Sector: 280E Compliance: Although legalized at the state level, Section 280E bars cannabis businesses from deducting almost all their operational costs. Tax professionals can help cannabis businesses maximize accepted deductions, such as Cost of Goods Sold (COGS).

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MyIRSRelief

DECEMBER 2, 2024

For many small business owners, managing the books can be time-consuming and complex, especially when juggling payroll, tax preparation, and other essential financial tasks. Up-to-Date Knowledge of Financial Regulations : Tax laws, payroll regulations, and other financial rules are constantly changing.

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PANALITIX

MARCH 14, 2021

Ts and Cs related to a firm’s operations in general; Terms of Engagement specific to the type of project being proposed (tax preparation, succession planning, CFO-type advisory services, etc.); And of course, you should always seek legal advice to make sure you’ve dotted all of the necessary “i’s” and crossed the “t’s”.

Legal 130

Legal tax preparation tax services Tax 130

PANALITIX

MARCH 7, 2021

Ts and Cs related to a firm’s operations in general; Terms of Engagement specific to the type of project being proposed (tax preparation, succession planning, CFO-type advisory services, etc.); And of course, you should always seek legal advice to make sure you’ve dotted all of the necessary “i’s” and crossed the “t’s”.

Legal 130

Legal tax preparation tax services Tax 130

xendoo

JANUARY 31, 2022

Your Schedule C can be submitted electronically with your personal income tax or stapled to your paper form. To understand this better, consider the way that small business taxes are typically handled. Sole proprietorships and single-owner LLCs are legally considered pass-through entities. . Legal and professional fees.

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ThomsonReuters

JANUARY 28, 2022

Companies that only offer tax services have to start over each year building a brand through marketing and advertising. By offering services that last throughout the year, you can keep your business at the forefront of customers’ minds even when they don’t need tax preparation. Business tax preparation.

Tax 102

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Going Concern

NOVEMBER 21, 2024

TAX CANDIDATES FTE Senior Tax Accountant | Candidate ID #23560436 Certifications: EA in process Education: BBA Accounting Experience (years): 7+ years in public accounting Work experience (detail): Tax manager with a CPA firm Client account clean up Prepared 500+ returns in 2024 tax season Reviewed 200+ returns Client niches: Manufacturing, Hospitality, (..)

Real Estate 52

Real Estate accountant Account accounted 52

SMBAccountant

NOVEMBER 17, 2021

Including the child support deduction in a lump sum payroll expense can also lead to legal issues. Even though the employee paid their child support by having it deducted from their paycheck, if the business doesn’t make the proper payments it can cause legal issues for the parent. So, what should a small business do? Many do nothing.

payroll 130

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CPA Practice

AUGUST 15, 2023

This includes documents, such as official federal and state correspondence, subpoenas, tax notices, legal notifications, court summonses, and corporate filing notifications. To determine if your client’s company needs an RA, research with the Secretary of State to find state-specific requirements for various legal structures.

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Going Concern

JANUARY 9, 2025

TAX CANDIDATES FTE Tax Senior | Candidate ID #23616387 Certifications: EA Education: BS Accounting, MS Taxation Experience (years): 10+ tax and accounting Work experience (detail): 6+ in public accounting 3 in healthcare industry Full cycle accounting and financial reporting Prepared tax filings for individuals, SMBs, partnerships, nonprofits 30% review (..)

Real Estate 52

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CPA Practice

AUGUST 14, 2024

The updated 28-page template , “Publication 5708, Creating a Written Information Security Plan for Your Tax & Accounting Practice,” was announced by the agency and its Security Summit partners—representatives of state revenue departments and the tax industry—on Aug.

Tax 111

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Going Concern

JANUARY 2, 2025

TAX CANDIDATES FTE Tax Senior / Manager | Candidate ID #23674176 Certifications: EA Education: BS Accounting, MS Accounting and Finance Experience (years): 20+ years accounting and tax Work experience (detail): 10+ years in public accounting Remote team management experience Tax planning and compliance, advisory 70% review during 2024 tax season Preparation (..)

Real Estate 52

Real Estate accountant Account accounted 52

LyfeAccounting

JUNE 7, 2021

We have 10 tips on how you can avoid paying taxes. Because for most people, paying taxes is such a drag, annoying, frustrating… So today, we want to talk about how to avoid taxes and give you 10 legit and legal ways to do so. And that is all legal. Keep reading! piece of art.

Legal 59

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CPA Practice

OCTOBER 4, 2024

Section 7216 of the Internal Revenue Code Section 7216 prohibits the disclosure or use of tax return information by tax preparers without the taxpayer’s consent. These clauses should detail how sensitive information is handled, prohibit unauthorized disclosures, and outline the legal consequences of breaches.

accountant 105

accountant Account accounted Legal 105

ThomsonReuters

APRIL 28, 2022

The exclusion does not apply to services that might be related to retirement planning, such as tax preparation, accounting, legal, or brokerage services. The lack of guidance defining excludable retirement planning services raises some interesting line-drawing questions.

Education 105

Education Legal tax preparation income tax 105

CPA Practice

APRIL 11, 2024

This year, the IRS has launched a pilot program dubbed “Direct File” through which Americans can opt to have the IRS prepare their taxes for free (well, except for the billions of taxpayer dollars used to create the program). The IRS wants to eliminate Americans’ reliance on private-sector tax-preparation services.

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CPA Practice

APRIL 9, 2024

But when it comes to taxes, misleading information on social media can lead to financial or even legal problems, the IRS warns. Social media—things like Facebook, Instagram and TikTok—can be used to circulate “wildly inaccurate tax advice,” the agency said.

Tax 116

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CPA Practice

MAY 22, 2023

If not, it’s time to conduct one as it is not only a good practice but is required for any individual or firm that electronically file tax returns. In this article we will outline not only the legal requirements but the best practices we have identified in our consulting with firms and in providing accounting firm security briefings.

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tax preparation Technology Education accounting firms 105

MyIRSRelief

FEBRUARY 1, 2023

Scope of practice: CPAs are trained in a wide range of accounting and financial topics and may provide a variety of services, including auditing, tax preparation, and financial planning. EAs are specifically licensed to represent taxpayers before the Internal Revenue Service (IRS) and to advise on tax matters.

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CPA Practice

JULY 27, 2023

Harbert College of Business and Justin Robinson from the College of Sciences and Mathematics , founded the Birmingham, Alabama-based company in 2018 and have grown it into a trusted service-based tax business.

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Going Concern

MARCH 6, 2025

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting Senior / Manager | Candidate ID #23923930 Certifications: CPA Education: BS Accounting, MBA Experience (years): 14+ years accounting and tax experience Work experience (detail): 10+ in public accounting Full cycle accounting, led bookkeeping team of 5 Financial reporting and year end work papers (..)

Tax 52

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CTP

MARCH 9, 2022

Visit social media or google these days and you’ll most likely see advertisements for Tax Planning. But many taxpayers (and even tax pros) are confused about the differences between tax planning and tax preparation. Nothing I am suggesting has anything whatsoever to do with illegal or “gray areas” of tax law.

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tax planning Tax tax preparation tax return 98

ThomsonReuters

JUNE 15, 2023

By comparing a tax return with last year’s documents, the right software like UltraTax CS flags problems before it’s too late to fix them. Listen to what Tim Downing, Owner of Downing & Company, had to say about UltraTax CS and how it changed his company’s tax preparation process.

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Technology tax preparation tax return Tax 92

ThomsonReuters

NOVEMBER 8, 2022

Use automation to generate tailored document request lists and the retrieval of documents while using APIs to automate integration with your tax, document, and workflow software. . Tax preparation. Automate workpaper preparation and data entry with an option to outsource data verification. Unlock client insights.

Technology 105

Technology accountant Account accounted 105

CPA Practice

DECEMBER 13, 2023

Mention a broad solution (payroll management, for example) and ask if they would like to book an appointment now to work on resolving their challenge after tax season. Separate planning sessions from work sessions: Co-mingling tax planning and tax preparation ultimately provides less value to the client and reduced revenue for your firm.

Tax 105

Tax tax preparation managerial accounting bookkeeping 105

Going Concern

APRIL 3, 2025

TAX CANDIDATES FTE Tax Senior / Manager | Candidate ID #16999280 Certifications: EA in process Education: BS Accounting Experience (years): 10+ tax seasons in public accounting Work experience (detail): Tax senior with a CPA firm Prepares and reviews 250+ returns per season Prepares the more complex returns Trains and guides new tax team members Client (..)

Tax 59

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