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20 Essential Tax Facts for Small Business Owners

Ronika Khanna CPA,CA

Probably the most popular question posed to accountants and tax preparers (especially around this time of year) is “what types of expenses are deductible?”. Rent, Utilities, Insurance, property taxes incurred for office for factory space Office supplies, postage, courier costs Conference expenses including travel , business trips etc.

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Tax Credits You May Claim Now

MyIRSRelief

That’s why so many people choose to hire a tax preparer/ EA, Attorney, CPA, they don’t want the hassle of doing it themselves, and they trust an expert to handle their business. Tax credits to look out for. Earned Income Tax Credit (EITC). Small-business tax credits.

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Accounting Practice Management Software: The Top 17 Roundup

Ryan Lazanis

Tasks with deadlines, like tax preparation, need to be logged and then assigned to team members so that you can all collaborate together. Tasks (where all your tasks and deadlines, like tax preparation, are for that project). Milestones (ie. Messages (for you to chat about project items). Add dependencies. Forecast time.

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Friday Footnotes: Looking Elsewhere For Talent; MPs Talk Private Equity Concerns; The Burnout Queen | 8.25.23

Going Concern

Grant Thornton appoints two new industry leaders [ Consulting.us ] Grant Thornton US has appointed Andrea Schulz as leader of its technology industry practice and Russell Norris as leader of its transportation industry practice. The mid-market accountancy also appointed new leaders for seven metropolitan markets. Elizabeth Warren, D-Mass.,