This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
S Corporations: TaxPreparation, Tax Planning, and the Benefits of Professional Tax Help S Corporations , often referred to as S Corps, are a popular business structure in the United States, particularly among small to medium-sized businesses. However, navigating the tax landscape for S Corps can be complex.
Harder still to believe some of the strange salestax laws that come with it. So as you plan to arrive at your family’s early, marvel that the Detroit Lions are actually good and get ready to send the stuffing around again, chew on these salestax considerations associated with the feast.
Enrolled Agent: Comprehensive Tax Services for Individuals and Businesses When it comes to managing your taxes, finding a qualified and reliable tax professional is crucial. An Enrolled Agent (EA) is a federally-authorized tax practitioner who has technical expertise in the field of taxation and is empowered by the U.S.
EDT 6 Min Read Facebook Twitter LinkedIn Email By any other name; poor Service; a saga continues; and other highlights of recent tax cases. Rockford, Illinois: Taxpreparer Gretchen Alvarez, 49, has pleaded guilty to preparing and filing false income tax returns. The tax loss totaled $356,881.
By Chris Gaetano 1m ago Tax-related court cases Tax Fraud Blotter: Boundless energy Another Naughty list; a couple of sharks; Miami vice; and other highlights of recent tax cases. All rights reserved.
OBannon A new study from Thomson Reuters comes with a stark warning to the tax and accounting industry: firms without artificial intelligence strategies could fall irrevocably behind in the next 12 months as competing firms leverage the technology to transform faster, serve better, and hire smarter.
OBannon The Internal Revenue Service and its Security Summit partners are reminding tax professionals about the federal mandate to have a Written Information Security Plan (WISP) designed to help protect them against threats from identity thieves and data breaches. What tax pros should know about WISPs Required by law.
EDT 3 Min Read Facebook Twitter LinkedIn Email Private equity in the profession; green cards and exit taxes; governance for preparers; and other highlights from our favorite tax bloggers. Tax Foundation ( [link] ): Illinois policymakers should think twice before taxing GILTI. Tax Review Board.
Simplifying taxpreparation and compliance. Examples include rent, property tax, and insurance. Step 4: Project Revenue and Set Goals Many companies won’t have historical sales data to guide them, so this step involves making educated guesses based on the best available information.
By Chris Gaetano 2h ago Tax-related court cases Tax Fraud Blotter: Sick excuses By any other name; poor Service; a saga continues; and other highlights of recent tax cases. All rights reserved. By Michael Cohn June 12 Like what you see?
EDT 5 Min Read Facebook Twitter LinkedIn Email Seeking shelter; please be Gentle; where the heart is; and other highlights of recent tax cases. Nixa, Missouri: Taxpreparer Tina Louise Yager has pleaded guilty to making false and fictitious claims against the U.S. million in taxes on income he earned from his business.
TaxPlanIQ adds new features Pavel Bolotov/pashabo - stock.adobe.com Tax planning solutions provider TaxPlanIQ rolled out several new features. Instead launches tax reports feature Valery Kachaev Tax management platform Instead launched an AI-driven tax reports feature. All rights reserved.
The subscription-like nature of tax, audit, and advisory services makes these firms attractive to investors seeking long-term, stable returns. C. New Leadership Models in the CPA Profession Traditionally, the key person in a CPA firm was the individual handling the technical work—whether taxpreparation or auditing.
The prospect of more sales and new opportunities is a huge motivator: recent Capital One research shows that Americans spend an estimated $32 million per day shopping on TikTok, and Precedence Research has valued the global social commerce market at USD$1.2 However, with rapid growth and evolving sales channels comes increased complexity.
The only other sale they traditionally offer is Groundhog Day, and I don’t think it’s quite this good, so just go for it. link] Royalwise Black Friday Sale * — 25% off sitewide! One of my favorite conferences, and the only “must go” for bookkeepers, imo. Use code WORKFLOWCON2024 though Nov 30.
SmartVault plans release of AI document management solution Document management Sutthiphong - stock.adobe.com Document management solutions provider SmartVault announced the upcoming release of SmartRequestAI, a new tool designed to transform the way firms collect client information and documents during tax season. All rights reserved.
Did your accountant (possibly me) ask you to make a business tax payment for your Illinois pass-through entity, such as a Partnership or S-Corp — maybe an estimated tax payment or extension payment? On the Summary tab, look for the Business Income Tax section. (In And you’re not entirely sure how to make that happen?
EDT 4 Min Read Facebook Twitter LinkedIn Email E-comm challenges; advising on biz sales; the IRS and math errors; and other highlights from our favorite tax bloggers. Answer unclear; ask again later Taxbuzz ( [link] ): So is Social Security tax-free under the One Big Beautiful Bill Act? All rights reserved. Tell clients "almost."
Meeting tax deadlines. You must also cover benefits, payroll taxes, office space, equipment, software licenses, and ongoing training. Professional accounting firms employ specialists in various areas including tax planning, financial analysis, compliance, and industry-specific regulations. Tracking expenses.
He most recently served as CEO of DRB Systems, a Vontier-owned company providing payment, point-of-sale and customer acquisition solutions. Wolters Kluwer announces CCH William Awards Wolters Kluwer HQ Wolters Kluwer launched the CCH William Awards , a new annual recognition program honoring excellence in the tax and accounting profession.
This marks a pivotal shift for tax and accounting professionals, fundamentally altering how digital asset transactions, including cryptocurrency , are tracked and reported for tax purposes. Consider offering tailored services for reconciling transaction histories, calculating adjusted bases, and preparing Form 1099-DA filings.
If your salestax obligations have gotten ahead of you – and you owe back taxes – you have a few tools to mitigate your problem. You can refund collected salestax to your customers, or you can proactivity register with a jurisdiction and pay what you owe. A VDA can make the sometimes-hefty penalties disappear.
He was stepping into a world of 700 annual tax returns, manual work papers, and the kind of grueling tax seasons that leave practitioners questioning their career choices. For years, the firm relied on manual work and paper preparation, a time-intensive process that consumed countless hours during tax season.
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.
If your firm or internal team is having a tough time sourcing qualified remote tax and accounting professionals, you’re not alone—and you’re not out of options. Whether you’re looking for talent in tax, audit, accounting, or project-based roles, we’ve got candidates worth your time. We’ve Got You Covered.
NEW YORK Ernst & Young, New York, launched a new practice, EY Studio+, designed to deliver customer experience, product and service innovation, and marketing, sales and service transformation for clients. All rights reserved. Henry Mercer was named chief investment officer at Withum Wealth Management, Red Bank.
We hired a sales and marketing VP from a business that did technology software. Another thing weve done is were now spending four and a half percent of our budget on sales and marketing, which is more than the industry average. All rights reserved. So weve added people with different ideas from different industries. (01:14):
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.
In the spirit of keeping these events intimate and not having them be a space where people are just getting sales pitched at, I really wanted to select category exclusive partners that I feel like are leading the conversation in their sector," Reeves said. All rights reserved. The final piece is accessibility.
The offer on display from smart money is tempting — access to liquidity much sooner, with better tax treatment, and the chance for "multiple bites at the apple," with resources to fuel future value creation. It is going to cost more to become an owner, and you need to be prepared for that eventuality. All rights reserved.
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.
A federal indictment unsealed today charges Jason Alexander Jerkins, 36, of Franklin, Tennessee, with wire fraud, money laundering and tax fraud, announced Acting United States Attorney for the Middle District of Tennessee Robert E. Credit, People, Assist (or is it Attest?), We’re missing a couple. Let us know if you can spot the rest.
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.
‘Tis the season to get tax advice from TikTok. You’d think it paid a lot in taxes, right? Well it paid precisely $0 in federal income taxes last year. Sendil Palani replies : Professor, Respectfully, Tesla’s income taxes are not an example of fraud. Good morning, counterati. You want waste and fraud?
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? TAX CANDIDATES FTE Tax | Candidate ID #23772188 Certifications: CPA in process, EA Education: BBA Accounting and Finance Experience (years): 8+ years experience in tax accounting.
Determining the deal momentum in the longer term will likely depend on how much of Trump’s tax, energy, trade and regulatory agenda is enacted.” million from customers and failed to report the income on tax returns. A Great Resignation 2.0 The two men received over $1.5 They did various jobs ranging from roofing to driveways.
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.
Cleveland, announced its 2025 partnership class; in assurance: Angela Bacarella-Wood in Detroit, Mike Dellavalle in New York, Syed Farooq in Chicago, and Bryan Friedmann and Kevin Kray in Cleveland; and in tax: Dave Charles and Jon Dittrich in Cleveland and Asha Shettigar in New York. All rights reserved. OHIO Cohen & Co.,
This integration enables marketing, sales, and service teams to gain actionable insights without requiring extensive data expertise. Sales optimization allows teams to identify high-value opportunities based on revenue, industry, and technology stack. All rights reserved. And there will be more of this.
If your firm or internal team is having a tough time sourcing qualified remote tax and accounting professionals, you’re not alone—and you’re not out of options. Whether you’re looking for talent in tax, audit, accounting, or project-based roles, we’ve got candidates worth your time. We’ve Got You Covered.
If your firm or internal team is having a tough time sourcing qualified remote tax and accounting professionals, you’re not alone—and you’re not out of options. Whether you’re looking for talent in tax, audit, accounting, or project-based roles, we’ve got candidates worth your time. We’ve Got You Covered.
The Abacus platform, which just went through its first tax season, automates data collection by pulling from client documents, past returns and standard forms—without a 7216 consent form required—and classifies, reconciles and pushes data directly into CPA workflows for review and filing. All rights reserved. Abacus announces $6.6
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content