Withum

FEBRUARY 6, 2023

USA and Statutory) work as audit trails were accessible and reliable along with improved financial internal controls through access/permissions and system inherent controls such as auto-generated invoice numbers with audit trail down to the record level. Lessen the external auditor’s (e.g., Contact Us Good News!

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CPA Practice

NOVEMBER 10, 2023

However, it provides an opportunity for business owners – and their accountants – to leverage new solutions that are both business and accounting-friendly. How can accountants help their clients get ahead of messy data collection and unruly tax preparation? Let’s dig in.

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ThomsonReuters

NOVEMBER 26, 2024

If there is one thing accountants and tax preparers know for sure, it’s that an efficient tax workflow is key to remaining competitive in an increasingly digital tax and accounting landscape. To achieve this, many forward-looking accountants and tax preparers are shifting toward a fully digital tax workflow.

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Snyder

NOVEMBER 10, 2022

The biggest tax season challenge for a small business is tax preparation and filing. Most SMB owners fall into the trap of putting off taxes until the last minute because they don’t have professional tax accounting software backing them up. First, try to make the most out of your accounting software.

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ThomsonReuters

APRIL 18, 2022

Reflect on this year’s busy tax season to avoid burnout next season. What have you learned this tax season that you can apply to next year? This will help you build a plan of action to make next year’s tax season a little more manageable. Keep an open dialogue to support tax preparers and the rest of the team.

tax preparation 104

tax preparation Technology Tax accounting and finance 104

Snyder

NOVEMBER 14, 2022

When a CPA is in the zombie zone, you can’t perform well during the tax filing season. Will your clients be satisfied with loosely done books auditing and tax preparation in the end? That’s why the busy season is all about setting boundaries. For the upcoming tax season, do your planning and stick to it.

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Snyder

DECEMBER 28, 2022

Accidentally adding an extra digit to your expenses may result in an IRS tax audit letter. While accuracy doesn’t guarantee you’ll never undergo a small business tax audit, it does help you keep years of data at hand and financial statements matching. If your accounting is impeccable, you won’t pay penalties.

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