Withum

FEBRUARY 6, 2023

Inter-company and Transfer Pricing Transactions ; distinguishing entries between related entities or groups for proper reporting on consolidated tax returns. Sales and Use Tax ; noting jurisdictions to which there are filing obligations and keeping up-to-date with tax rate changes to ensure correct calculations and timely, accurate filings.

tax preparation 78

tax preparation business tax Tax general ledger 78

TaxConnex

JUNE 15, 2021

Why are you paying more penalties for missed notices and late payments than you were before you started working with your sales tax vendor? The good news is there are other providers that put the client first and ensure sales tax is managed correctly. Will you help me monitor my sales tax obligations?

Sales 228

Sales Tax audit tax preparation 228

Nancy McClelland, LLC

JANUARY 15, 2023

As you might imagine, we get quite a few inquiries for tax preparation services, but a) we only do taxes for our small business accounting & bookkeeping clients, and b) we only work with clients in Illinois, Indiana and Wisconsin. Tax Preparer. It’s an arena rife with underrepresentation issues.).

tax preparation 52

tax preparation Tax bookkeeping Wisconsin 52

CPA Practice

NOVEMBER 10, 2023

For many small business retailers, managing a point-of-sale (POS) system comes with the territory of owning a store. But, every year, these businesses must also prove that they’ve kept track of sales and are correctly reporting their earnings. By integrating POS and accounting systems, data from the POS (sales, inventory, labor, etc.)

Sales 100

Sales business tax Tax tax preparation 100

TaxConnex

APRIL 20, 2021

This time of year, everybody’s mind is on income tax preparation. The fact is, when it comes to many companies’ federal and state income tax returns, they don’t rely on an automated income tax return. Why should sales tax be any different? Did you sign-up to be your own sales tax manager?

Sales 139

Sales Tax tax return income tax 139

TaxConnex

MARCH 18, 2021

Wayfair created enormous changes for businesses making remote sales into the states related to sales tax. Could Wayfair have also impacted the way you manage your state income tax obligations? Sales Tax Perspective. Sales tax nexus can be physical or economic – or both. Wayfair, Inc.

income tax 148

income tax South Dakota Tax Sales 148

MyIRSRelief

OCTOBER 3, 2022

There is a substantial amount of time you have to file your taxes, but the process can seem hefty. With the help of Los Angeles tax services firms, you can receive information on your tax return, the amount you owe, and various resources for tax preparation service. The Los Angeles County sales tax rate is 0.25%.

tax services 147

tax services California Tax tax preparation 147

Basis 365

MARCH 6, 2023

Are you tired of spending countless hours on bookkeeping, payroll, and tax preparation? Increased Focus on Core Business Operations When you outsource your accounting tasks, you can focus on your core business operations, such as sales, marketing, and product development. If so, consider outsourcing your accounting tasks.

tax preparation 101

tax preparation Account accountant accounted 101

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

Tax tax preparation bookkeeping bookkeeping services 102

MyIRSRelief

APRIL 29, 2024

Tax specialists familiar with R&D tax credits, stock options, and angel investor regulations are key for tech businesses to navigate their unique financial landscape. Understanding sales tax regulations, occupancy taxes, and fluctuating seasonal income is essential for these businesses.

Tax 130

Tax bookkeeping Account accountant 130

CTP

JANUARY 9, 2023

Even if your business only has one administrator and one tax preparer, that is your team. Let’s look at an example: A tax planning business needed a way for customers to call in, get basic information, and connect with the right person who could finalize the sale. The solution?

tax planning 97

tax planning Tax tax preparation tax return 97

CPA Practice

APRIL 17, 2023

And now, the results are in: IN-FIRM TECHNOLOGIES Federal/State Income Tax Preparation Insight : As was true in every year of voting, the tax prep system category is always the most voted-on, with nearly all respondents selecting a preferred system. We thank the more than 5,000 professionals who participated in voting this year.

quickbooks 130

quickbooks payroll Technology audit 130

CTP

OCTOBER 17, 2022

Even if your business only has one administrator and one tax preparer, that is your team. Let’s look at an example: A tax planning business needed a way for customers to call in, get basic information, and connect with the right person who could finalize the sale. The solution?

tax planning 98

tax planning Tax tax preparation tax return 98

Cherry Bekaert

JUNE 9, 2023

Businesses need to consult with their tax preparers on potential state legislative updates and consider whether extending or amended returns will be warranted based on their multistate footprint. Possession of the specified digital goods, other digital goods or digital codes is not required.

Georgia 97

Georgia Tax Wisconsin Kentucky 97

Going Concern

JANUARY 3, 2024

For 12 years until 2011, the firm — then known as RSM McGladrey — was part of the publicly listed tax preparer H&R Block. “It tax preparer looks to jettison the underperforming division and focus on its core business. Becker cited RSM’s own history as a reason for not wanting to follow suit.

tax preparation 104

tax preparation accounting and finance cpas Tax 104

CPA Practice

DECEMBER 13, 2023

Transition your attitude about charging for services from being a dreaded sales responsibility to an opportunity to help your clients meet their goals. 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.

Tax 105

Tax tax preparation managerial accounting bookkeeping 105

Nancy McClelland, LLC

APRIL 9, 2023

The post below is about how to pay IL taxes personally ; click here for how to make IL business tax payments. There are multiple options for paying personal quarterly estimated taxes. If you want to know how to make IRS estimated tax payments, see my recent blog post with step-by-step instructions.

Illinois 52

Illinois Tax tax preparation bookkeeping 52

ThomsonReuters

AUGUST 24, 2021

To build a persuasive business case for sales tax software , professionals need to explain how automating certain tax functions and improving reporting and analysis will benefit the company as a whole. In other words, don’t tell your CEO why tax software is a wise investment – show them.

Technology 52

Technology Sales Tax audit 52

CPA Practice

MARCH 22, 2024

Wolters Kluwer CCH Tagetik has significant expertise and experience in supporting clients’ corporate tax needs in North America. Its solutions provide thousands of organizations with end-to-end sales and use tax automation, fully integrated direct tax preparation process, workflow automation and tax research.

Tax 52

Tax Technology tax preparation corporation tax 52

Nancy McClelland, LLC

APRIL 9, 2024

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.

Illinois 52

Illinois Tax tax preparation tax return 52

CPA Practice

NOVEMBER 14, 2023

Features include automated bank feeds, bank reconciliation, financial statements, 1099 tracking, and a seamless transition to tax preparation. Updated features allow customers to sync across sales channels, spot opportunities for growth, maintain accurate inventory, seamlessly replenish low stock, and more.

quickbooks 119

quickbooks E-commerce Approval Workflows Account 119

CPA Practice

AUGUST 18, 2023

But rather than spend the money on legitimate business expenses, Rendon used the COVID-19 loans to lease a 2021 Bentley Bentayga (sales price, $181,000), rent a Biscayne Bay apartment, pay for cosmetic dermatology procedures and refinish her designer shoes, according to court records.

Florida 98

Florida Real Estate tax preparation Government 98

CPA Practice

OCTOBER 25, 2023

Join John Sapp, CPA and Chief Revenue Officer at Drake Software and Isaac O’Bannon, Managing Editor for CPA Practice Advisor for a live webinar covering key topics that will affect tax preparers and payers in the upcoming season.

Tax 64

Tax Tennessee CPA Education 64

xendoo

DECEMBER 6, 2021

Between skyrocketing holiday sales, extended hours, and juggling multiple duties, it can be difficult to find a moment to stop and think about preparing for 2022. . What steps can be taken to effectively prepare your business for the new year? Prepare for Tax Season Now. Business Resolutions Start Now.

bookkeeping 98

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CPA Practice

FEBRUARY 24, 2023

Smart Algorithmic Bidding Armed with this new dataset, Google’s Smart Bidding system was able to allocate ad dollars toward audiences who were more likely to deliver revenue, rather than leads that would never result in a sale. Redefining a Lead Lead-generation campaigns are a critical part of a service provider’s sales pipeline.

accounting firms 128

accounting firms Tax Account accountant 128

ThomsonReuters

MAY 6, 2022

For small and mid-sized tax and accounting firms, there are plenty of ways to do so. Whether you want to increase overall sales and revenue, decrease expenses, or a bit of both, 8 strategies to increase profitability are explored below. Some accounting and tax firms offer only tax preparation.

Tax 87

Tax Account accountant accounted 87

Withum

APRIL 25, 2024

Having all your new documents together when you have your return prepared can jog your memory and could lead to a tax benefit. You can also keep your estimated tax vouchers in there, as well as any carryforward tax information. As information is received or arises, put it there.

Tax 59

Tax tax return tax preparation Account 59

xendoo

MARCH 17, 2022

Alternative sales, inventory management, sales tax, shipping, merchant fees, foreign sales, and multiple currencies are just a few. It becomes almost impossible to fulfill consumer demand if you cannot track inventory across various sales platforms. . Square, Stripe, and PayPal all charge transaction fees on sales.

bookkeeping services 86

bookkeeping services bookkeeping accounting software accounting and finance 86

CPA Practice

AUGUST 15, 2023

Depending on the state, a registered agent can be: At least 18 years old and a state resident A business owner (e.g.,

cpa firm 98

cpa firm tax preparation Legal CPA 98

ThomsonReuters

JULY 11, 2023

Firms have various situations when working with clients, such as tax planning, tax preparation, or risk management. Tax planning and research : Faced with ever-changing tax laws , clients can quickly find it challenging to keep pace and navigate the complexities. What are the paths to advisory services?

tax preparation 75

tax preparation tax planning Tax CPA 75

ThomsonReuters

JULY 6, 2023

Let’s take a look at what tax advisory is and how you can take advantage of this approach to serving clients. What are tax advisory services? Audit : An audit advisor reviews and verifies the financial records of an individual or company and provides recommendations to reduce the risk of audit based on this information.

Tax 98

Tax tax return income tax audit 98

ThomsonReuters

APRIL 25, 2024

In addition to state income taxes, retirees should consider other state-level taxes, such as property taxes , sales taxes , and estate taxes , which can further impact their overall tax liability. Like Florida, Nevada does not impose state income taxes, offering retirees significant tax savings.

South Dakota 52

South Dakota Rhode Island New Hampshire Wyoming 52

xendoo

APRIL 27, 2021

They manage everything from sales and marketing to employee scheduling and benefits, not to mention being an expert in whatever good or service it is that their business offers. We can tackle the reinvestment more in detail here and use the tax preparation anchor here. . Small business owners are notoriously short on time.

Account 52

Account accountant accounted tax preparation 52

inDinero Tax Tips

MARCH 2, 2023

How to report capital gains tax on cryptocurrency depends on your business entity type, and whether it’s a short-term or long-term capital gain. A short-term capital gain comes from the sale of assets owned for one year or less. How Do Businesses Report Capital Gains Tax on Cryptocurrency?

Tax 98

Tax income tax South Dakota tax return 98

xendoo

JANUARY 12, 2022

February 15, 2022: Financial institutions must send Form 1099-B (sales of stocks/bonds/mutual funds through a brokerage account), Form 1099-S (real estate transactions), and Form 1099-MISC unless the sender is reporting payments in boxes 8 or 10. Tax Preparation and Planning Made Easy. Want to learn more?

business tax 98

business tax Tax tax return tax preparation 98

PANALITIX

AUGUST 9, 2020

The Sales Team. More important than sales technique is asking questions and showing a good understanding of a business’. Sometimes deals are closed in one or two meetings but with sales calls increasingly done over video, things can take longer, perhaps 1 or 2 months to close’. Are business development skills natural?

accounting firms 189

accounting firms Account accountant accounted 189

CPA Practice

FEBRUARY 3, 2023

She used the fraudulently obtained funds to lease a 2021 Bentley Bentayga (sales price, $181,000), rent a Biscayne Bay apartment, pay for cosmetic dermatology procedures and refinish her designer shoes, the indictment says. Hines pleaded guilty to wire fraud and was sentenced to more than six years in prison.

Florida 98

Florida New Jersey payroll Idaho 98