Startup Tax Preparation Resources for 2021

BurklandAssociates

A new tax season is underway, and Burkland’s startup tax accountants are working with our clients to prepare. In this article, we share a roundup of helpful 2021 tax preparation Read More. COVID-19 Resources Startup Taxes

2021 Tax Preparation for Small Business

xendoo

If you want to make sure that you and your small business are ready for the 2021 tax season, then it is essential to remain well organized throughout the year. Lastly, you need to know about all of the various tax deadlines that might apply to your business throughout the year.

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Earn $20 per Book Promoting My Tax Preparer Book from Home in Your Spare Time

AdviceForTaxpreparers

Advice for Tax Preparers Making tax preparers lives easier one blog at a time HOME. Earn $20 per Book Promoting My Tax Preparer Book from Home in Your Spare Time. the method you use to advertise the tax preparer book is entirely up to you.

Interviews to Help Tax Preparers

AdviceForTaxpreparers

As part of my blog Advice for Tax Preparers , I will be adding interviews other tax professionals on their advice, tips, and tricks to make your life as a tax preparer easier and more successful. All Blog Posts Career Advice Interviews Office Skills Advice Tax Preparer Advice Tax Return Issues Technology Advice Uncategorized cpa interview tax preparer tax professional

Tips to Help People Choose a Reputable Tax Preparer

KROST

Whether taxpayers regularly use a tax professional to help them file a tax return or they have decided to work with one for the first time, it is important to choose a tax return preparer wisely. This is true regardless of who prepares the return.

5 Ways to Improve Your Existing Marketing Strategies

MarkFriedlich

The post 5 Ways to Improve Your Existing Marketing Strategies appeared first on Tax & Accounting Blog. Featured Articles Tax Hot Topics Enrolled Agents Marketing Strategies referrals Tax Preparers

DOJ To Investigate Intuit’s $7B Takeover Of Credit Karma 

PYMNTS

ProPublica reported the DOJ has raised questions about potential antitrust issues if Intuit, the maker of TurboTax, takes over its former rival that offered free tax preparation tools. Intuit dominates online tax preparation with a 67 percent market share in 2019. The U.S.

Accounting LIONs

AdviceForTaxpreparers

If you have followed my blog for a while you are aware that I created a LinkedIn group with the same name as my blog titled Advice for Tax Preparers. That group is devoted to the same premise as my blog in that the group provides accounting students and tax professionals the opportunity the learn, share and discuss tips and tricks on how to succeed as a tax preparer in a public accounting firm.

How to Get an Accounting Job Using LinkedIn

AdviceForTaxpreparers

All Blog Posts Career Advice Office Skills Advice Uncategorized cpa job linkedin tax preparer T his is the big one isn't it? Most of us get plenty of articles in our inbox and social media from sources such as Accounting Today , CPA Trendlines , Going Concern , AccountingWeb , Journal of Accountancy , etc., on the latest updates in the profession. But we are really only looking for a few things. How do I get my first accounting job? How do I make my current job easier?

Learn Why New Accounting Staff Eat Time & How to Fix The Problem

AdviceForTaxpreparers

One example is in the area of the billable hours (the time each person charges to the job for preparing and reviewing the tax return or audit) that a staff should put on his timesheet. All Blog Posts Tax Preparer Advice Tax Return Issues Uncategorized accounting staff cpa firm eating time Accountants by the nature of our profession want to follow rules.

Building a better business case: 5 ways to demonstrate ROI for sales tax automation

ThomsonReuters

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. Avoid reporting errors and incorrect sales tax calculations.

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Learn How CPA Firms Will Increase Their Net Income on 1040 Tax Returns Without Raising Fees or Reducing Expenses.

AdviceForTaxpreparers

One of the constant problems for CPA firms with individual clients is getting all of their information in time to prepare, review and file their return before the October 15 th deadline no matter how many times they are asked for their information. I once worked at a firm that had an individual client that was the last tax return the firm filed by the October 15 th deadline three years in a row.

EY Debuts Corporate Crypto Accounting, Tax Solution

PYMNTS

EY announced in a press release this week that its new crypto accounting tool targets the tax preparation process. Dubbed the EY Crypto-Asset Accounting and Tax (CAAT) solution, the tool enables institutional clients to manage and report on crypto assets held on their balance sheets, while also supporting smaller entities and individuals with crypto assets.

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Lawmakers Want FTC To Investigate H&R Block, TurboTax

PYMNTS

The calls, which came in the form of letters sent to the IRS and FTC from presidential hopefuls Senator Elizabeth Warren and Bernie Sanders among other lawmakers, stem from allegations the companies didn’t promote free government tax preparation options to customers, reported CNBC. The Free File Alliance is an agreement between the IRS, states and tax preparation companies that gives Americans who make $66,000 a year or less in adjusted gross income free tax preparations online.

Tax & Accounting Service – Preparation, Planning, Representation

MyIRSRelief

Tax Help? IRS – FTB – CDTFA – EDD tax help. . We provide specialized tax & accounting service for individuals and or businesses facing IRS or State tax problems such as: – Back Taxes . – Tax Audits. – Tax Appeal.

2021 Tax Deadlines for Startups

BurklandAssociates

Here are 2021 tax deadlines for startups including U.S. Federal tax filing dates, and key tax dates for San Francisco, New York, and Seattle. You can estimate your tax preparation Read More. The post 2021 Tax Deadlines for Startups appeared first on Burkland.

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Episode 066: Look at the Film Industry Tax Credit Business with Irene Waschler

BuildYourFirm

Episode 066: Look at the Film Industry Tax Credit Business with Irene Waschler. Tune in to this episode when host Hugh Duffy talks with Irene Waschler of Waschler CPA, LLC about how she got started in the film industry tax credit business.

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US Expat Tax Help – Professional IRS help for Americans living overseas

MyIRSRelief

Americans living abroad, expatriates, are not immune from having to pay US Federal Income Tax and even some states do as well. Unfortunately, there are some people who mistakenly think that as soon as they leave the United States that they are no longer responsible for paying taxes.

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Questions to Ask Your Sales Tax Provider Before You Sign the Contract

TaxConnex

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. They said it would be simple.

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The Ultimate Guide to Google My Business for Accountants

BuildYourFirm

You may also choose secondary categories, such as Tax preparation. Why Accountants should Fully Optimize their Google My Business Listing.

The Best Small Business Bookkeeping Solutions

xendoo

Corporate tax preparation . Getting behind in your books also can leave you vulnerable to fines and audits when it comes to taxes or payroll. . Business Tax Preparation and Filings. Taxes represent a unique SMB bookkeeping demand.

Bookkeeping Services Rates: A Complete Guide

xendoo

More complex services, such as tax planning and catch-up services, will require additional time and attention. Advanced services such as tax planning and preparation also tend to be cyclical. Business tax preparation. Tax filing. Personal tax preparation.

Top 5 Tasks Your Small Business Should Outsource

xendoo

Having accurate accounting records is essential for filing taxes, making business decisions, and much more. 3 – Tax Preparation. Getting back to the financial side of things, tax preparation is another perfect task to outsource.

Engagement Letters: Untangling what you WANT to say from what you feel you HAVE to say

PANALITIX

Whether you’re buying a dishwasher or proposing tax services – there are some Terms and Conditions that are really important to understand from the outset and others that are probably not critical. RESOURCES / ARTICLES.

Engagement Letters: Untangling what you WANT to say from what you feel you HAVE to say

PANALITIX

Whether you’re buying a dishwasher or proposing tax services – there are some Terms and Conditions that are really important to understand from the outset and others that are probably not critical. RESOURCES / ARTICLES.

Sales Tax Compliance: Automated Returns or Service Provider?

TaxConnex

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? Managing a tax calendar.

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Tips for taking on a massive QuickBooks Online cleanup

5MinuteBookkeeping

The goal is to reach a point where you have complete, accurate, and tax-ready financials. In the end, your client should be able to take those books and hand them over to their tax preparer, who should have to do very few adjustments in order to get the tax return done.

How Much Does a CPA Cost?

xendoo

For example, some companies might have a greater need for professional help when preparing their taxes, but less during the remainder of the year. . Modern CPAs can specialize in a variety of areas, including: Tax preparation. Taxes CPA cpa costs

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How To Find The Right Online Accountant For Your Business

xendoo

A small business accountant can provide guidance at every stage of your company’s development, and they can be invaluable when it comes to tax preparation, succession planning, and more. Tax planning. Tax preparation. Personal tax preparation and filing.

How to Prepare Your Business for Tax Time

xendoo

Planning ahead is always a good business strategy, especially when it comes to taxes. Adopting a proactive strategy can help you stay ahead of business tax filing deadlines, avoiding the rush and the headache during tax season! . Corporate Income Tax Returns.

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Top Online Bookkeeping and Accounting Services for 2021

xendoo

It is also necessary to meet government regulations and for proper tax preparation. Corporate tax preparation . Tax preparation services. Among its services, Xendoo includes: Tax preparation and consulting. Tax preparation services. .

Accounting Jokes, Videos, Puns and Humor

AdviceForTaxpreparers

Advice for Tax Preparers Making tax preparers lives easier one blog at a time HOME. I put together this post to bring together any funny and entertaining accounting and tax videos, puns, jokes, pictures, etc. AT THE IRS “Why are we paying so much tax?” A Democratic tax preparer PTINs the tail on the donkey. A tax table is the place to negotiate with the IRS. How does a pirate report treasure on his taxes?

Steve Padgett’s Annual Holiday Prayer

SkagitCountyTaxServices

Either you’ll get bit by the tax implications of these (while the debate still rages about the deductibility of PPP-funded expenses), or the funding will end up simply delaying the inevitable demise of your business because you haven’t been able to pivot.

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How Outsourcing Accounting Can Help Grow Your Small Business

xendoo

Hiring an outsourced accounting service can help you tackle many of these including ensuring you don’t pay too much in taxes, that you have time to focus on sales and marketing, and that you are able to prepare thorough financial reports for investors.

Are You Hiring? Maybe Paro Is The Answer.

RitaKeller

Some firms have turned to Paro to obtain experienced tax and accounting skills. “We wanted to create a platform where freelancers could connect with the right client.” ” – Chad Taylor, Paro. The question in the title is really a stupid question.

Intuit Leaving IRS Free File Program After 20 Years

PYMNTS

taxpayers file their taxes electronically today and free tax preparation is available to all American taxpayers “through a combination of commercial, philanthropic, and IRS sponsored methods.”. Taxes Intuit IRS News taxes What's Hot

Steve Padgett’s Latest Updates on Small Business Tax Deductions

SkagitCountyTaxServices

One thing you can expect from me come rain or shine is to keep you in the loop on changes to all things tax-related. There are some important changes to small business tax deductions rolling out, and not all deductions apply to all Skagit County businesses. Did we mention tax courts?

Learn When Your Should Outsource Your Accounting

xendoo

Getting behind in your books can leave you frantically preparing for tax season. Without accurate financial records, it can be harder to secure funding and prepare for the future, too. Tax preparation. Tax Planning.

Banking Groups Ask US House to Kill Proposed Account Reporting

PYMNTS

It could also boost the cost of tax preparations for Americans and make for financial privacy issues. While the stated goal of this vast data collection is to uncover tax dodging by the wealthy, this proposal is not remotely targeted to that purpose or that population,” the groups said.

Wayfair: Sales Tax and State Income Tax Implications

TaxConnex

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.

Rapidly Growing an Accounting Firm: An Interview with Glenn Hetzel

PANALITIX

With exposure to international tax and accounting, Glenn attracted foreign capitalized companies investing in the USA, some with global revenues in excess of $100 million. Like other accountants, we dealt with an extended tax season and scaled back overtime work. RESOURCES / ARTICLES.

IRS Tax Audit Representation: reliable help 1-877-788-2937

MyIRSRelief

If you or your company are being audited by the Internal Revenue Service, this is when proper IRS tax audit representation can help. And while having a trained tax preparer, an accountant, or even a CPA is beneficial, that all changes when the IRS decides to conduct an audit. Of course, before you choose to get the proper audit representation from a tax firm, it is helpful to know why your tax returns were selected for an audit. Audit Tax Issues.

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Steve Padgett’s Third Stimulus Package Update

SkagitCountyTaxServices

Nothing is final yet, and I’ll have more details once it is, but I *do* have a quick word of advice: If your 2020 AGI is higher than your 2019, AND it might take you over the threshold, it is a very good idea to wait before filing your 2020 taxes.

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