BurklandAssociates

JANUARY 23, 2024

Tax deadlines for startups in 2024, including federal filing dates and key dates for San Francisco, New York, and Seattle. The post Tax Deadlines for Startups in 2024 appeared first on Burkland.

Tax 173

Tax New York 173

TaxConnex

MARCH 26, 2024

We are at the end of Q1 of 2024 and continue to discuss how to ensure your business is set up to get sales tax right in 2024. Get in front of your growing sales tax obligations with these 6 steps to getting sales tax right in 2024. Ready to learn more about how to get sales tax right in 2024 - download our ebook !

Sales 203

Sales Tax tax return Retail 203

RogerRossmeisl

JUNE 19, 2023

The IRS recently released guidance providing the 2024 inflation-adjusted amounts for Health Savings Accounts (HSAs). The post The IRS Has Just Announced 2024 Amounts for Health Savings Accounts appeared first on Roger Rossmeisl, CPA. Inflation adjustments for.

accountant 215

accountant Account accounted CPA 215

RogerRossmeisl

APRIL 17, 2024

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024. For corporations, pay the first installment of 2024 estimated income taxes. The post 2024 Q2 Tax Calendar: Key Deadlines for Businesses and Employers appeared first on Roger Rossmeisl, CPA.

Tax 164

Tax income tax tax return CPA 164

Acterys

OCTOBER 11, 2024

Acterys has been named a Champion in the 2024 Enterprise Performance Management (EPM) Quadrant by SoftwareReviews. out of 10 — the highest of all EPM software vendors in the 2024 rankings — Acterys continues to demonstrate its leadership in the market. “Our With a composite score of 9.2

accounting and finance 130

accounting and finance Finance Account accounted 130

BurklandAssociates

OCTOBER 9, 2024

The post Significant Tax Changes for California Startups Beginning in Tax Year 2024 appeared first on Burkland. California’s new tax laws limit NOL deductions and tax credits for startups, raising potential tax burdens. Here’s what founders need to know to stay ahead.

California 147

California Tax 147

CPA Practice

JUNE 4, 2024

The 2024 awards were presented on the main stage at during the AICPA ENGAGE conference at the Aria Resort and Casino in Las Vegas on June 4, 2024. Nominations for 2025 will open in November 2024 at the Women’s Global Leadership Conference.

accountant 135

accountant Account accounted CPA 135

Accounting Today

SEPTEMBER 26, 2024

2024 has so far not produced significant tax legislation impacting year-end tax planning, but it continues to be impacted by legislation from prior years,

tax planning 122

tax planning Tax 122

CPA Practice

JULY 16, 2024

Chicago-based RSM US brought in $4 billion in revenue during the firm’s most recent fiscal year, with consulting driving business growth, according to its FY 2024 Impact Report. The firm reached the $4 billion mark after a nearly 8% increase in revenue in FY 2024, up from $3.7 billion in FY 2023. “We

public accounting 134

public accounting audit accounting firms Tax 134

CPA Practice

OCTOBER 14, 2024

Nominations for the 2024 Awards are now open. Once selected, award winners are asked to identify the key individuals who have influenced them in their careers, where they see the profession heading, and how others can prepare for these changes. == Nominate a professional for the 2024 4 0 Under 40 or 20 Under 40 award.

tax preparation 128

tax preparation Education public accounting Gaming 128

CPA Practice

NOVEMBER 22, 2024

The limit on employee deferrals to 401(k) plans, the most popular type of employer-provided qualified retirement plan in the land, is increasing from $23,000 in $2024 to $23,500 in 2025. If you’re age 50 or older, you can kick in an extra $7,500 “catch-up contribution” (the same as in 2024). Tax bonus: Under the SECURE 2.0

Tax 111

Tax 111

Accounting Today

AUGUST 8, 2024

31, 2024. The Internal Revenue Service is paying out more claims for the Employee Retention Credit program even as it gives the claims greater scrutiny, and is moving the moratorium on processing new claims from Sept. 14, 2023 to Jan.

Tax 133

Tax 133

CPA Practice

NOVEMBER 22, 2024

CohnReznick’s McCafferty selected to MACPA’s 2024 Women to Watch CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, announced that Molly McCafferty, Partner, Assurance, has been selected as one of four 2024 Women to Watch by the Maryland Association of CPA’s (MACPA) Foundation.

Real Estate 111

Real Estate Michigan cpas audit 111

CPA Practice

NOVEMBER 7, 2024

7 released financial information and highlighted selected accomplishments and challenges in its fiscal year 2024 Financial Report. During fiscal year 2024, the IRS collected more than $5.1 The IRS on Nov. An unmodified opinion means the financial statements are presented fairly, in all material respects, in accordance with U.S.

accounting principles 115

accounting principles financial statements Government Tax 115

CPA Practice

AUGUST 14, 2024

Xero CEO Sukhinder Singh Cassidy addresses Xerocon 2024. Xero chief product and technology officer Diya Jolly speaks to attendees at Xerocon 2024. James Bergin, Xero executive manager of technology research and advocacy, speaks to attendees at Xerocon 2024. Credit: CPA Practice Advisor. Credit: CPA Practice Advisor.

Technology 122

Technology Tennessee CPA payroll 122

CPA Practice

SEPTEMBER 19, 2024

The new tax season of 2024 brings multiple changes and updates, which makes it a rather challenging time for all tax professionals. Note : The spring 2025 tax filing season is when taxpayers report their 2024 income and related matters to the IRS, so it’s important to keep up with the laws as they applied during the previous calendar year.

Tax 132

Tax tax preparation tax return Education 132

CPA Practice

OCTOBER 8, 2024

In response to Hurricane Helene’s recent devastation and Hurricane Milton’s impending landfall, Wolters Kluwer Tax & Accounting is highlighting tax relief opportunities available to those affected by natural disasters in 2024. They can choose to claim these losses in the year they were incurred (i.e.,

South Carolina 116

South Carolina North Carolina Tax tax return 116

CPA Practice

NOVEMBER 26, 2024

More than 2 in 5 holiday shoppers (42%) plan to shop online this season, according to Bankrate’s 2024 Early Holiday Shopping Survey. Further, more than half of Americans (54%) say they made at least one impulse purchase last holiday season, according to Bankrate’s 2024 Holiday Spending Report. ©2024 Bankrate.com.

Retail 105

Retail Sales Account accounted 105

RogerRossmeisl

SEPTEMBER 29, 2024

One of the first planning steps is to ascertain whether you’ll take the standard deduction or itemize deductions for 2024. You may not itemize because of the high 2024 standard deduction amounts ($29,200 for joint filers, $14,600 for singles and married couples filing separately, and $21,900 for heads of household).

tax planning 249

tax planning Tax CPA 249

Insightful Accountant

DECEMBER 2, 2024

In a significant development for tax practitioners and their small business clients, the IRS has established new transitional thresholds for Form 1099-K reporting through Notice 2024-85.

Tax 98

Tax 98

CPA Practice

DECEMBER 6, 2024

Staff report IRS Criminal Investigation (IRS-CI) released its fiscal year 2024 annual report on Dec. 5, which details significant cases involving crimes ranging from tax fraud to cybercrime, enhanced domestic and foreign partnerships, and investigative statistics from Oct. 1, 2023, to Sept.

Tax 94

Tax Sales 94

RogerRossmeisl

JANUARY 21, 2024

As reported via IR-2024-16 on 1/19/2024 The Internal Revenue Service and the Department of the Treasury today issued Notice 2024-20 to provide guidance on eligible census tracts for the qualified alternative fuel vehicle refueling property credit (the tax credit applicable to the installation of EV chargers) and to announce the intent to propose regulations (..)

CPA 221

CPA Tax cpa firm business tax 221

RogerRossmeisl

JANUARY 14, 2024

Starting in 2024 newly formed, corporations, limited liability companies (LLCs), limited partnerships, and other entities that file formation papers with a state’s Secretary of State’s office (or similar government agency) must file a report with the U.S.

CPA 235

CPA Start-ups Government Tax 235

RogerRossmeisl

SEPTEMBER 29, 2024

As reported via IR-2024-240 on 9/18/2024 The Department of Treasury and Internal Revenue Service issued proposed regulations to provide guidance for the Alternative Fuel Vehicle Refueling Property Credit (the tax credit related to the installation of EV chargers).

CPA 235

CPA Tax cpa firm business tax 235

CPA Practice

DECEMBER 6, 2024

Brian Tankersley, CPA, and Randy Johnston provide a recap of the 2024 CCH Connections user conference. And in this session, were going to cover the CCH user connection conference of 2024 now Im fortunate enough I have attended every single cch user conference, and this years version, I think, was one of the better ones Ive been to in a while.

Technology 96

Technology accountant Account accounted 96

RogerRossmeisl

DECEMBER 3, 2023

Time deductions and income If your business operates on a cash basis, you can significantly affect your amount of taxable income by accelerating your deductions into 2023 and deferring income into 2024 (assuming you expect to be taxed at the same or a lower rate next year).

Tax 249

Tax CPA tax planning business tax 249

CPA Practice

NOVEMBER 16, 2024

The Internal Revenue Service reminds individual retirement arrangement (IRA) owners age 70½ and older that they can make up to $105,000 in tax-free charitable donations during 2024 through qualified charitable distributions. Reporting and documenting QCDs For 2024, QCDs should be reported on the 2024 tax return.

tax return 114

tax return income tax Tax 114

RogerRossmeisl

JUNE 25, 2024

As reported in IR-2024-169 IRS enters next stage of Employee Retention Tax Credit work; review indicates vast majority show risk of being improper Highest-risk claims being denied, additional processing to begin on low-risk claims; heightened scrutiny and review continues as compliance work tops $2 billion; IRS will consult with Congress on potential (..)

Tax 224

Tax CPA business tax 224

CPA Practice

NOVEMBER 8, 2024

18-19, 2024, during our live streaming event at [link]. – From your desk, you can earn up to 14 hours of free CPE credits (pick the sessions you want) on Dec. The end of the year is almost here, and that means you need to check if you have all of your CPE requirements completed.

cpas 132

cpas 132

CPA Practice

NOVEMBER 26, 2024

26, 2024 Thanksgiving and Christmas are here, and that means the end of the year is coming up soon, and tax season will follow soon after. Last Minute Tax Tips for the End of 2024: 12 year-end tax tips for 2024 (From Fidelity Investments) 4 Last-Minute Ways to Reduce Your Taxes (From Intuit TurboTax) Tax Refund Estimators: [link] [link]

Tax 105

Tax tax return income tax CPA 105