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Decisions 2024: The Opportunities for Accounting Firms Have Never Been Greater

CPA Practice

The Future Of Individual Tax Prep Is Brighter Than Ever While AI has been everywhere in the last few years, practical AI built into traditional platforms is being augmented by platforms to help with productivity. Sifting through what is in the market and coming to market, it is clear that tax preparation will be more profitable than ever.

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Tax workflow for accounting firms: Best practices and automation tips

ThomsonReuters

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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New Sole Proprietors, LLCs, and Corporations Need Accounting and Tax Services

MyIRSRelief

Businesses are subject to a variety of tax laws, and accounting and bookkeeping help you ensure that you’re meeting all of your tax obligations. If you ever need to raise money for your business, investors and lenders will want to see that you have a good accounting system in place. To secure funding.

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Best Practices for Nonprofits

Withum

The accounting system is the basis for reports that must be provided to grant agencies, prospective donors, lenders, its independent auditors, tax preparers, the Board of directors and management. . Accurate and timely financial statements are vital to making informed business decisions.

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Errors in Posting Payroll

SMBAccountant

Recording Jason’s deductions as a tax expense is incorrect and overstates the expense to the business. They review the financial statements as part of the audits. If it’s for office supplies, then the expense should be posted to an office expense account. The business’s true expense is only $45. Many do nothing.

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Rapidly Growing an Accounting Firm: An Interview with Glenn Hetzel

PANALITIX

Noting that ‘few people can read financial statements’, Glenn focused on highlighting ‘productivity indicators to tell the story of the business and identify trends to influence decision-making and achieve goals’. He offered a contract CFO service ‘to advise leadership on what sits behind the numbers’. International Clients.

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Top Remote Accountants of the Week | January 2, 2025

Going Concern

TAX CANDIDATES FTE Tax Senior / Manager | Candidate ID #23674176 Certifications: EA Education: BS Accounting, MS Accounting and Finance Experience (years): 20+ years accounting and tax Work experience (detail): 10+ years in public accounting Remote team management experience Tax planning and compliance, advisory 70% review during 2024 tax season Preparation (..)