ThomsonReuters

OCTOBER 20, 2022

Qualified Transportation Fringe Benefits. The post IRS Releases 2023 Cost-of-Living Adjustments for Health FSAs, Transportation Benefits, Adoption Assistance, and More appeared first on Tax & Accounting Blog Posts by Thomson Reuters. News Release. Contributing Editors: EBIA Staff.

Transportation 97

Transportation Tax income tax accountant 97

CPA Practice

OCTOBER 27, 2023

But really, Billy Scherba, CPA, is a carbon accountant. Billy Scherba Carbon accountants help companies understand what data matters to their carbon footprint, how to collect that data in a consistent manner, and how to use it to calculate the greenhouse-gas emissions they’re responsible for.

accountant 124

accountant Account accounted Transportation 124

Going Concern

SEPTEMBER 5, 2024

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Real Estate 105

Real Estate accountant Account accounted 105

Menzies

APRIL 12, 2024

Menzies LLP - A leading chartered accountancy firm. As transport infrastructure continues to evolve, passengers increasingly have access to multi-modal transport information and comparative pricing. Business owners in the sector should harness data and manage cash flow carefully.

Transportation 52

Transportation chartered accountant corporation tax Tax 52

RogerRossmeisl

NOVEMBER 8, 2023

Certain industries — for example, construction, real estate, manufacturing and transportation — are usually more vulnerable to employee theft, according to the Association of Certified Fraud Examiners (ACFE). Segregation of accounting duties — having them performed by more than one employee — is critical to reducing both types.

Real Estate 177

Real Estate Construction payroll Transportation 177

Menzies

NOVEMBER 2, 2023

Menzies LLP - A leading chartered accountancy firm. Menzies’ Scott Bright has a unique insight into businesses operating in the evolving Transport and Logistics sector, which is having to respond to changing market pressures. Some companies will have both the operational and accounting functions within the same software.

Transportation 59

Transportation Technology accounting and finance accounting software 59

MyIRSRelief

APRIL 29, 2024

But for these go-getters, navigating the complexities of running a business, especially the ever-challenging world of taxes and accounting, can feel overwhelming. This is where specialized tax and accounting firms step in, becoming a crucial partner for small businesses with under 100 employees.

Tax 130

Tax bookkeeping Entertainment accountant 130

Anders CPA

APRIL 1, 2024

Every industry goes through down cycles, transportation and logistics included: After the pandemic freight boom, we’ve seen gas prices rise, drivers quit, and operators go out of business. Check Hiring and Retention Numbers Drivers are the bread and butter of a transportation business. Do you know your retention rates?

Transportation 64

Transportation Start-ups CPA accounted 64

Going Concern

AUGUST 29, 2024

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Real Estate 105

Real Estate accountant Account accounted 105

Anders CPA

SEPTEMBER 16, 2024

The transportation industry has endured a lot in these past few years, but a wise colleague of mine once said, “Prepare to endure, endure. There will likely be a big difference between accounting reports and tax reports, depending on depreciation. The end of Q3 is the perfect time to look back at the past year and ahead to the future.

Transportation 64

Transportation Tax accounting and finance tax planning 64

Going Concern

OCTOBER 3, 2024

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Real Estate 110

Real Estate accountant Account accounted 110

Anders CPA

JUNE 10, 2024

In a capital-intensive industry like transportation and logistics, a strong relationship with your financial institution can improve your bottom line by generating thousands of dollars of profit or enabling you to negotiate a better interest rate or a higher line of credit. Get Clean Financials Bankers speak the language of accounting.

Transportation 59

Transportation accounting principles accounting and finance financial statements 59

MyIRSRelief

MARCH 15, 2023

Tax professionals, such as certified public accountants (CPAs), EAs enrolled agents and tax attorneys, can help you navigate the complex tax laws and negotiate with the IRS on your behalf. Accounting & Bookkeeping is one of the most critical aspects of running a successful business, especially in the trucking industry.

tax accountant 130

tax accountant Tax bookkeeping accountant 130

Menzies

MARCH 6, 2024

Menzies LLP - A leading chartered accountancy firm. Meet our Transport and Logistics specialists For more budget commentary click here. The post Spring Budget 2024 – Transport and Logistics Sector Commentary was written by Menzies Demi Fossitt and appeared first on Menzies LLP.

Transportation 52

Transportation chartered accountant Manufacturing Tax 52

Anders CPA

AUGUST 19, 2024

The two big groups of expenses are purchased transportation and operating expenses, and each can be subdivided into several more categories. If you have a line of credit or a loan, you’ll also want to account for the cost of money. How much is typically spent on purchased transportation? Transportation moves fast.

Transportation 52

Transportation bookkeeping financial statements Education 52

TaxConnex

JULY 30, 2024

That’s a term states often consider too broad; best to keep “professional services” as a defined activity of architecture, engineering, medical, legal and accounting. This complexity crops up with technology products/services, where companies claim that they provide “professional services.” Benefit of use can also determine situs.

South Dakota 264

South Dakota Alaska New Hampshire Montana 264

Xero

JUNE 6, 2022

As many of us continue to respond to the impacts of climate change, it’s important to consider how the small business landscape will change, not just for our small business customers but our accounting and bookkeeping partners too. The post Decarbonisation: What’s in it for accountants and bookkeepers? appeared first on Xero Blog.

bookkeeping 98

bookkeeping accountant Account accounted 98

Anders CPA

MAY 13, 2024

A net income sheet that has more ups and downs than an amusement park usually means one thing: The company’s bookkeeper is not using GAAP – generally accepted accounting principles. What does that look like for a transportation company? I know that plenty of well-run transportation and logistics companies do their bookkeeping in house.

Transportation 52

Transportation accounting principles bookkeeping Gaming 52

Menzies

NOVEMBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. It was a mixed Autumn Statement from the Chancellor, which was clearly geared towards capital intensive industries and attracting investment into the UK whilst including some welcome measures which could benefit the Transport & Logistics sector.

Transportation 52

Transportation chartered accountant Government Tax 52

CPA Practice

AUGUST 13, 2024

State budget writers said Friday the 4% surtax on incomes over $1 million managed to generate hundreds of millions more for transportation and education projects than expected during its first full year on the books. billion in revenue from the surtax but realized by April that the haul was going to be much bigger.

Massachusetts 111

Massachusetts Tax Transportation Education 111

Going Concern

AUGUST 1, 2024

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Real Estate 69

Real Estate accountant Account accounted 69

Going Concern

MAY 12, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. UK accounting sector needs to put more emphasis on its people [ AccountancyAge ] Across the UK, increasing turnover rates have been observed across barrios sectors.

CPA 111

CPA accountant Account accounted 111

CPA Practice

JULY 31, 2024

As the motor vehicle fuel tax is no longer a sustainable or reliable source of revenue, state and local governments need an alternative source of funds for roadways and transportation infrastructure. Nothing has been decided, but the Joint Transportation Committee used a retail delivery fee of 30 cents for the report.

Washington 111

Washington Retail Minnesota Colorado 111

Xero

JUNE 17, 2024

This guest blog was written by the team behind transport management app MyTrucking. Through strategic growth and a focus on technology, innovation and efficiency, TGR Transport has expanded to become a primary contractor to major grain traders in Australia. One such family-owned business has been on the tools since 2009.

Transportation 89

Transportation Agriculture Technology Construction 89

MyIRSRelief

NOVEMBER 15, 2024

Here are some strategies to ensure your records are precise and up-to-date: Use Accounting Software:Tools like QuickBooks, Xero, or FreshBooks can automate many aspects of bookkeeping, making it easier to track expenses and generate reports. Many accounting software solutions allow you to upload and categorize receipts directly.

bookkeeping 130

bookkeeping Tax Entertainment accounting software 130

CPA Practice

MARCH 18, 2024

AICPA & CIMA are accepting applications for their annual Accounting Scholars Leadership Workshop (ASLW), an event that provides instruction, advice and guidance to diverse college and university students interested in a career in accounting and finance. Applications for the workshop will be accepted through June 15.

accountant 69

accountant Account accounted accounting careers 69

xendoo

JUNE 11, 2022

If you’re managing a business—and your books—you’ve probably had to learn what is accounts payable vs. accounts receivable. . Accounts payable and accounts receivable are two different sides of the same coin. Without a deep understanding of your accounts payable and receivable, you could face costly setbacks.

accounts payable 71

accounts payable accrual accounting general ledger accountant 71

Ryan Lazanis

AUGUST 22, 2022

Looking for the best accounting practice management software for your firm? Good news, because this is the ULTIMATE accounting practice management software round-up post. Get to know the top accounting practice management software and why it is essential for your business. The Basics of Accounting Practice Management Software.

accountant 105

accountant Account accounted quickbooks 105

Snyder

SEPTEMBER 23, 2022

More and more small businesses are now relying on freight to transport their goods from one region to another. Accounting. When it comes to the FOB shipping point, the transport cost and fees are the responsibility of the seller until the products are delivered to the port from where they will be sent to the buyer. What is FOB?

Transportation 98

Transportation Sales Start-ups Legal 98

CPA Practice

FEBRUARY 12, 2024

Micah Fraim, an accountant with the small-business focused accounting firm Fraim, Cawley & Company in Roanoke, Virginia, says these code changes will have the most substantial impact on businesses with very large capital expenditures, such as manufacturers, energy producers, and transportation companies.

tax return 115

tax return Tax Virginia Transportation 115

PYMNTS

APRIL 14, 2020

International cargo transportation options have become reduced as well, further complicating the situation. Criminals are sending emails that pretend to be from executives and which instruct accounts payable (AP) department employees to send funds into bank accounts that actually belong to the thieves, for example.

B2B 119

B2B accounts payable Transportation Manufacturing 119

CPA Practice

DECEMBER 6, 2024

Platform Accounting Group has announced that DHS Advisors has joined the group. DHS Advisorshas built a reputation as an aggressive CPA firm employing accountants with advanced degrees and prior experience with national accounting firms. Platform is a next-gen accounting and professional services group created in 2015.

accounting firms 52

accounting firms accountant Account accounted 52

PYMNTS

AUGUST 20, 2020

Uber Health was launched in 2018 to provide medical transportation services. Uber Health has teamed with Ride Health , another transportation company, to help boost medical transportation. Missed appointments account for over $150 billion a year in patients’ costs, affecting around 3.6 million people.

Pharmaceutical 92

Pharmaceutical Transportation Healthcare Maine 92

Going Concern

JULY 11, 2024

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Real Estate 59

Real Estate accountant Account accounted 59

Going Concern

SEPTEMBER 26, 2024

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Accountingfly can help!

accountant 59

accountant Account accounted cpa firm 59

CPA Practice

OCTOBER 22, 2024

Qualified transportation fringe benefit: For 2025, the monthly limitation for the qualified transportation fringe benefit and the monthly limitation for qualified parking rises to $325, increasing from $315 in 2024. For married couples filing jointly, the exemption amount increases to $137,000 and begins to phase out at $1,252,700.

Tax 124

Tax tax return Transportation income tax 124

Cherry Bekaert

MAY 9, 2024

However, firms that are growing or are seeking growth by winning government contracts and working with State Departments of Transportation (DOTs) in particular may benefit from having an overhead rate audit performed. Typically, startup and small A&E firms do not have the relevant contract cost history to develop an overhead cost rate.

audit 115

audit auditor Transportation Government 115