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What’s new: state sales and use taxes

TaxConnex

Maryland held that a for-profit company’s purchases for non-profit hospitals were subject to the state’s sales and use tax because there was no agency relationship between the company and the hospitals and, even if an agency relationship existed, that alone would not entitle the for-profit company to an exemption.

Sales 164
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Decisions 2024 – So, What’s Next?

CPA Practice

Competition from Non-traditional Firms and Standing Out from the Crowd : Concern : Differentiating the firm in a competitive market. Traditional CPA firms face increasing competition from non-traditional firms, such as online accounting firms and bookkeeping services. This can put pressure on firms’ profitability.

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8 Benefits of Online Bookkeeping

xendoo

When you first started your company, it might have made sense to try to handle your own bookkeeping and accounting needs. Why not rely on an online accounting service to take these tasks off your plate so you can focus on your business? This is happening for good reasons, as online bookkeeping offers a host of benefits.

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Learn When Your Should Outsource Your Accounting

xendoo

Outsource accounting services can help you stay up-to-date on your books, compliant with regulations, and firmly in control of your company’s financial future. With that in mind, here are some of the reasons why you should consider partnering with an online accounting firm. Forensic accounting. Managerial accounting.

Account 98
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Q1 Quarterly Estimated Tax Payments Due Jan. 17, 2023

CPA Practice

Taxpayers in this situation normally include: Those who itemized in the past but are now taking the standard deduction, Two wage-earner households, Employees with non-wage sources of income such as dividends, Those with complex tax situations and/or Those who failed to increase their tax withholding. What’s taxable?

Tax 98
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So, What’s Next?

CPA Practice

Competition from Non-traditional Firms and Standing Out from the Crowd : Concern : Differentiating the firm in a competitive market. Traditional CPA firms face increasing competition from non-traditional firms, such as online accounting firms and bookkeeping services. This can put pressure on firms’ profitability.

article thumbnail

8 Benefits of Online Bookkeeping

xendoo

When you first started your company, it might have made sense to try to handle your own bookkeeping and accounting needs. Why not rely on an online accounting service to take these tasks off your plate so you can focus on your business? . This is happening for good reasons, as online bookkeeping offers a host of benefits.