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S Corporations: Tax Preparation, Tax Planning, and the Benefits of Professional Tax Help

MyIRSRelief

S Corporations: Tax Preparation, Tax Planning, and the Benefits of Professional Tax Help S Corporations , often referred to as S Corps, are a popular business structure in the United States, particularly among small to medium-sized businesses. However, navigating the tax landscape for S Corps can be complex.

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Enrolled Agent Near Me: Comprehensive Tax Services for Individuals and Businesses

MyIRSRelief

An Enrolled Agent (EA) is a federally-authorized tax practitioner who has technical expertise in the field of taxation and is empowered by the U.S. Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS) for tax issues including audits, collections, and appeals.

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Preparing Your Client for a Tax Audit: Walking the Taxpayer Through IRS Audits 101

CTP

One of the many roles we play as tax planners is as the taxpayers audit support system. Just the word audit can cause the typical taxpayer to panic. We can help reduce taxpayer stress by orienting them to audit basics long before that notice comes in the mail. billion of potentially fraudulent ERC claims.

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4 things tax and audit professionals to know about agentic AI

ThomsonReuters

Predictive AI can: Analyze historical data to make forecasts Identify patterns and trends in financial information Estimate future tax liabilities based on past performance Assumes potential audit risk using historical data Generative AI Generative AI creates human-like content based on prompts. Read full press release 3.

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4 things tax and audit professionals need to know about agentic AI

ThomsonReuters

Predictive AI can: Analyze historical data to make forecasts Identify patterns and trends in financial information Estimate future tax liabilities based on past performance Assumes potential audit risk using historical data Generative AI Generative AI creates human-like content based on prompts. Read full press release 3.

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Help, I’m Being Audited! 3 Reasons You’ll Want a Tax Planner in Your Corner When Facing an Audit

CTP

Tax audits are, unfortunately, a possibility that every taxpayer should be prepared for. Even if you’ve crossed your t’s and dotted your i’s, the IRS does sometimes choose tax returns at random for an audit. Many tax planners offer audit support as an add-on service.

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Bookkeeping Fundamentals for Small Business Owners

DuctTapeMarketing

 Services Online Audit. Marketing Strategy Plan. They’ll partner you with a dedicated accounting team and provide three simple monthly rates that include your bookkeeping, sales tax, planning support, corporate tax return, and unlimited access to your dedicated CPA team. Services Online Audit.