CPA Practice

DECEMBER 19, 2023

Incorporating at the End of the Year The primary advantage of incorporating before the end of the year is your clients can then take advantage of the tax benefits owning a corporation offers, including writing off the costs of incorporating on this year’s taxes.

Rhode Island

xendoo

MARCH 21, 2022

Then there are the complicated tax matters that arise when you sell across state lines. Accounting professionals then use that information to file taxes and generate reports that help you understand the past and plan for the future. Set up business accounts and tax information. This is the good news and the bad news.

accounted

ThomsonReuters

OCTOBER 6, 2021

State income tax is a direct tax on business income you’ve earned in a state. Each state gets to decide what matters most — your payroll, property, or sales — and in what ratio to account for them. This can make calculating state income tax complex, particularly if you do business in multiple states.

income tax

CPA Practice

OCTOBER 18, 2023

One crucial factor to consider when selecting your business location is the tax environment. Business taxes can significantly impact your bottom line and overall profitability. The importance of business taxes As an entrepreneur, you face countless decisions when starting a business.

business tax

ThomsonReuters

FEBRUARY 7, 2022

New Mexico. It is crucial that payroll professionals familiarize themselves with minimum wage rates for garnishment calculations in 2022. . For further information on creditor garnishment, visit the Quick Reference Chart on Checkpoint Edge at Payroll Guide ¶17,080 (Highlights of state rules for creditor garnishment). .

Rhode Island

ThomsonReuters

FEBRUARY 7, 2022

The program would be funded by 2% payroll tax, 1% paid by the employer, 1% paid by the employee ( L. New Mexico. The post Federal Paid FMLA May Be Out While States Consider Possibilities appeared first on Tax & Accounting Blog Posts by Thomson Reuters. 2022, H447 ). . Proposed legislation ( L.

Missouri

CPA Practice

AUGUST 26, 2024

Download the guide to ensure your next payroll software platform is the right one. Download the e-book today and take the first step toward positioning your firm for success with the power of collaboration. Sign in or subscribe to get access to this free resource, and all of our whitepapers.

Rhode Island

CPA Practice

SEPTEMBER 20, 2024

Download the guide to ensure your next payroll software platform is the right one. IRIS works with thousands of CPA firms in North America, including 52 of the top 100 CPA firms in the US, and provides innovative solutions to serve accountancy customers in the North American market, making IRIS the go-to partner for CPAs.

Rhode Island

CPA Practice

OCTOBER 23, 2024

Email (Required) Number of Employees at Your Firm (Required) Number of Employees at Your Firm Sole Proprietor 2 To 4 5 To 9 10 To 19 20 To 49 50 Or More Full Name (Required) State / Province (Required) State / Province Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas (..)

Rhode Island

CPA Practice

SEPTEMBER 3, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Which practice management system do you use? million – $4,999,999 $5 million – $10,000,000 Over $10 million Which practice management system do you use? million – $4,999,999 $5 million – $10,000,000 Over $10 million Which practice management system do you use?

Rhode Island

CPA Practice

JULY 19, 2024

Download the guide to ensure your next payroll software platform is the right one. IRIS has over 100,000 UK and international customers, with 80% having a tenure of five or more years. Sign in or subscribe to get access to this free resource, and all of our whitepapers.

Rhode Island

ThomsonReuters

JANUARY 24, 2022

A spokesperson for the New Jersey Division of Unemployment Insurance has stated that all claims are reviewed on a case-by-case basis for unemployment eligibility. . New Mexico. The post Employer Vaccine Mandates, Worker Refusals, and Unemployment Benefits appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Rhode Island

ThomsonReuters

JUNE 22, 2021

As COVID-19 vaccinations continue to rise and a sense of normalcy slowly returns, we can hopefully put tumultuous payroll changes behind us. State by State Payroll Tax Changes. New Mexico. Beginning July 1, new forms will be used to report withholding tax. per hour for employees without. .

payroll

ThomsonReuters

MARCH 15, 2021

March 15 used to be a day some might beware of for tax reasons because from 1918 to 1954 this date was the income tax filing deadline. A new COVID-19 relief bill was just signed into law and Spring is just around the corner. Federal News. IRS tax tip on repayment of deferred Social Security taxes.

payroll

ThomsonReuters

AUGUST 16, 2021

New Mexico. In addition, please reach out to a sales or service specialist at Thomson Reuters Checkpoint for information on how our products can help you navigate through payroll tax and non-tax topics. Penalties for failure to comply may apply.

Legal

ThomsonReuters

JUNE 10, 2021

Summertime Tax Tips. Let’s go over a few summertime tax tips for payroll professionals this season: 1) Interns. Biden Administration issues tax proposals “Green Book.” Also, 12 U.S. Department of Labor enforcement. Information on special payment methods.

payroll

ThomsonReuters

APRIL 26, 2022

New Mexico Energy Transition Act. The Act established an Energy Transition Economic Development Assistance Fund that helps employers to qualify for tax relief for hiring displaced workers. Checkpoint Edge will continue to report on the latest payroll developments as legislation progresses. . The state’s? West Virginia.

payroll

CPA Practice

NOVEMBER 4, 2024

Document Management software is a valuable solution for the organization as you prepare for tax season. Download the guide to ensure you are ready for next tax season. It finds the documents you need in seconds, and creates a bespoke, secure database for your firm.

Rhode Island

CPA Practice

OCTOBER 30, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million What software or tools are you using to manage your engagements, or how does your team currently manage client engagements and reporting processes?

Rhode Island