Cherry Bekaert

MAY 3, 2024

Accounting and finance employment is projected to grow 4% from 2022 to 2032, with about 126,500 openings for accountants and auditors each year on average. Further adding to the issue, fewer CPA examinations are taken each year as the appeal to a career in accounting declines among college students—thus creating a CPA shortage.

accounting and finance 105

accounting and finance Finance accountant Account 105

Going Concern

AUGUST 9, 2024

It stemmed from a 2020 petition in support of a meat tax, which was signed by more than 50,000 Dutch citizens. Now this would have been brave: Talent Are you in the market for talent? Check out Accountingfly’s top remote accountants of the week. They argued that a per kilo levy of €2 for chicken, €4.50 for pork and €5.70

accounting firms 104

accounting firms accountant Account accounted 104

Anders CPA

DECEMBER 15, 2022

The Inflation Reduction Act of 2022 (IRA) has expanded the 179D deduction and 45L tax credit, adding several new requirements to the tax breaks for energy efficient building and home deductions. To qualify for either tax break, real estate owners must comply with the new guidelines if they want to max out the credit.

Real Estate 52

Real Estate Tax Construction Government 52

CPA Practice

DECEMBER 21, 2023

By Mike D’Avolio, CPA, JD. 16, 2022, and provides numerous tax deductions and tax credits for individuals, families, and businesses. New tax incentives were added, and existing tax incentives were extended and enhanced. This tax credit is available for leased electric vehicles. Note that as of Jan.

tax return 52

tax return Manufacturing Tax CPA 52

Anders CPA

SEPTEMBER 20, 2023

Before making any changes to your retirement savings plan, consult with a tax or financial advisor to ensure you’re selecting the best possible options for your specific situation and retirement strategy. If you will not be turning 74 until after 2032, your RMDs do not begin until age 75. have gone into effect. has a solution.

Tax 52

Tax Start-ups tax planning CPA 52

CPA Practice

APRIL 9, 2024

Let’s face it, the accounting profession has developed a bad reputation – toiling through long hours chained to a desk, crunching numbers, deciphering archaic tax codes and grinding out tedious tasks, all for lower starting pay and heavy licensing requirements. The client then prints, signs, scans, and returns the form to the accountant.

cpa firm 122

cpa firm CPA Technology Legal 122

Anders CPA

OCTOBER 17, 2023

The end of the Tax Cuts and Jobs Act (TCJA) and the introduction of the Inflation Reduction Act (IRA) have ushered in a new era of tax credits and incentives for the manufacturing industry. Some states have also reinstated state-level R&D tax credits for businesses.

Manufacturing 59

Manufacturing tax planning Tax Non-Profits 59

Anders CPA

NOVEMBER 22, 2022

Converting to a Roth IRA from a traditional IRA may result in an immediate tax liability but timing the conversion correctly can save on taxes in the long run. With the stock market’s instability and current income tax rates at a historical low, converting to a Roth IRA may be in your best interest, as long as you get the timing right.

Tax 98

Tax income tax tax planning CPA 98

Anders CPA

NOVEMBER 12, 2024

The Inflation Reduction Act (IRA) of 2022 substantially expanded the Section 45L tax credit for new energy-efficient homes. This credit offers builders of sustainable homes significant tax savings. By understanding and leveraging these credits, you can reduce tax liabilities and support sustainable building practices.

Tax 52

Tax Construction Real Estate Manufacturing 52

CPA Practice

APRIL 6, 2023

not on people making less than $400,000 a year), in an effort to ultimately reduce the tax gap. The $80 billion in IRS funding over 10 years was ushered in under the Inflation Reduction Act — massive climate, energy, tax, and healthcare legislation passed along Democratic party lines last year. to close the “tax gap”).

audit 111

audit Tax tax return Healthcare 111

CPA Practice

NOVEMBER 18, 2024

By Breana Noble and Grant Schwab The Detroit News (TNS) Tax-reform legislation being planned by President-elect Donald Trump’s transition team to revoke an up to $7,500 consumer tax credit for plug-in electric vehicles would do more damage to the Detroit Three’s electrification prospects, analysts say, than to a Tesla Inc.

Tax 52

Tax Government Transportation Sales 52