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2023 Readers’ Choice Awards – The Readers Have Voted!

CPA Practice

The Readers’ Choice awards also give professionals the chance to see which technologies and workflow systems their peers are using and trust, which can help them build more efficient and profitable workflows for their own practice. We thank the more than 5,000 professionals who participated in voting this year.

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First-Quarter “Safe-Harbor” Quarterly IRS Estimated Tax Payments: Why and How to Make Them

Nancy McClelland, LLC

For years, we have stressed the importance to our clients of making quarterly estimated tax payments. And unlike many tax preparers, we also do bookkeeping, accounting, and consulting for our small business owners — so we’ve also encouraged them to have us do a quarter-by-quarter calculation of how much to pay.

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Learn When Your Should Outsource Your Accounting

xendoo

Your profitability depends on your ability to generate revenue and sustain growth over time. Non-profits. Tax preparation. As your business expands, you may discover that rising revenues and a changing customer base can place you in unique tax situations. Scaling as Your Business Grows. Forensic accounting.

Account 98
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Ecommerce Bookkeeping Services: What to Consider

xendoo

The ecommerce platform that you use depends on your unique needs, but some features are non-negotiable. . A platform with features that allow you to centralize your business operations will significantly impact the stability and profitability of your business. Solutions such as QuickBooks can help you manage and track those fees.

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8 Benefits of Online Bookkeeping

xendoo

Conversely, an online accounting firm can often provide experience in such areas as: Personal financial planning and assistance Forensic Accounting Managerial Accounting IT auditing Non-profits Tax Preparation Some of these tasks tend to be cyclical, such as your annual tax preparation.

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8 Benefits of Online Bookkeeping

xendoo

Non-profits. Tax preparation. Some of these tasks tend to be cyclical, such as your annual tax preparation. Tax information. But when it comes to tax preparation or other financial audits, accuracy is indispensable. Forensic accounting. Managerial accounting. IT auditing. Procurement.

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Rules for When To Issue a 1099 Form to a Vendor – Updated for 2023

Nancy McClelland, LLC

NEC” stands for “non-employee compensation”. Legally, no business should be using the non-business versions of these payment types… but in real life, many do. My recommendation (for many reasons) is to only use the business versions, and then the 1099-NEC is a non-issue (because Venmo and PayPal will issue a 1099-K instead).