CPA Practice

AUGUST 9, 2023

Year-end is right around the corner, which means quarterlies, tax preparation, and more for accounting firms. Review what can be repurposed, e.g., 2022 tax prep tips, regulatory changes (hello meals and entertainment deductions), bookkeeping tips, unique tax situations you can highlight, and more.

tax preparation 98

tax preparation Entertainment Tax bookkeeping 98

xendoo

SEPTEMBER 10, 2021

A small business accountant can provide guidance at every stage of your company’s development, and they can be invaluable when it comes to tax preparation, succession planning, and more. After all, most entrepreneurs entertain dreams of growing their businesses. Tax planning. Tax preparation.

online accounting 97

online accounting Account accountant accounted 97

xendoo

JULY 6, 2023

For example, online bookkeeping and business tax services can file accurate returns, on-time for you so you avoid common audit triggers. If you’re curious about your business taxes and chances of an audit, learn everything from how far back can the IRS audit to what red flags trigger audits.

audit 52

audit tax return Entertainment income tax 52

xendoo

JULY 6, 2023

For example, online bookkeeping and business tax services can file accurate returns, on-time for you so you avoid common audit triggers. If you’re curious about your business taxes and chances of an audit, learn everything from how far back can the IRS audit to what red flags trigger audits.

audit 52

audit tax return Entertainment income tax 52

MyIRSRelief

MAY 1, 2024

They can advise on maximizing retirement contributions, choosing the most advantageous business entity, and implementing investment options that minimize your overall tax burden on forms like 1120, 1120S, and 1065. Time Efficiency: Tax preparation and research are notorious time-sinks.

Tax 130

Tax tax planning audit Non-Profits 130

Going Concern

MARCH 24, 2023

Music City is the country’s fastest growing entertainment hotspot and an office in Nashville gives Armanino’s team and its clients the trifecta of office locations to serve the entertainment industry. He allegedly received a salary and support services from the tax preparation giant while diverting clients to his own business.

auditor 106

auditor Entertainment audit Real Estate 106

Going Concern

NOVEMBER 3, 2023

In his teens, Scott was set on making it big in the entertainment and music industry. His entertainment dreams were crushed, and the future looked bleak. After cleaning up his act, Scott rebuilt his life using street smarts and hustle to work his way up at a small tax practice. 1 podcast for accountants and bookkeepers.

Non-Profits 69

Non-Profits Entertainment accounting and finance accounting degree 69

Going Concern

JULY 11, 2024

TAX CANDIDATES FTE Senior Tax Accountant | Candidate ID #21978847 Certifications: CPA Education: BS Accounting, MS Accounting – Taxation Experience (years): 3+ years accounting experience Work experience (detail): 4 tax seasons in public accounting Completed financial analysis for clients Prepared 500+ returns during 2024 tax season SMBs, Sole (..)

Real Estate 59

Real Estate Account accountant accounted 59

ThomsonReuters

FEBRUARY 8, 2022

One significant trend sweeping the tax profession is the rise of value-added services. Adding services in the areas beyond filing tax returns, such as accounting, payroll, bookkeeping, business planning, payroll and audit solutions, will always be services clients need.

Tax 105

Tax Entertainment payroll bookkeeping 105

xendoo

SEPTEMBER 2, 2021

Entertainment and Meals . Be prepared to defend your entertainment, travel, and meal expenses to the IRS! Unfortunately, you can’t deduct a meal that came with entertainment, thanks to the Tax Cuts and Jobs Act, unless the meal was a separate expense from the entertainment portion.

Tax 52

Tax Entertainment tax return Education 52

Going Concern

JANUARY 19, 2024

Hollywood Oh boy, it turns out that there's a shortage of production accountants in the entertainment industry, which means that there's a great opportunity for people who love crunching numbers and are willing to sell their souls to Hollywood for a paycheck.

Arizona 105

Arizona accounting and finance audit Technology 105

xendoo

NOVEMBER 1, 2021

Meals with clients can also be deducted from your taxes, though only when these meals also serve as business meetings. If you and a client decide to see a movie or sporting event, these entertainment costs will not count among your normal and necessary business expenses. Tax Planning Takes Time and Xendoo Can Help. Absolutely.

Tax 95

Tax Transportation tax return bookkeeping 95

ThomsonReuters

FEBRUARY 2, 2022

Individuals often think of accountants when they want to save time and not get stressed over taxes. You can do this through engaging and even entertaining content. By highlighting the benefits, they will be more likely to expand their relationship with your tax and accounting firm. Marketing to small businesses.

accounting firms 98

accounting firms Account accountant accounted 98

xendoo

JUNE 23, 2021

At tax preparation time, you will need to determine whether the standard or actual cost deduction will save you the most money. #2 Instead, by utilizing online bookkeeping for real estate agents, you can adequately record all marketing expenses along the way, saving them in one central location for use at tax time. #4

Real Estate 52

Real Estate Tax Legal Start-ups 52

Snyder

DECEMBER 28, 2022

The IRS is on the lookout for taxpayers who try to make deductions for travel, entertainment, or other costs that are personal and not business-related. Don’t try to use hobby expenses to claim a business loss if you don’t want to trigger an IRS tax audit. Hire a professional tax preparer. IRS audit trigger #8.

audit 98

audit Tax tax return auditor 98

Going Concern

JULY 28, 2023

According to his plea agreement, Fulton and his company provided bookkeeping, accounting, and tax preparation services for Wayne Joseph Nix, 46, of Newport Coast, a former minor-league baseball player who for nearly 20 years ran an illegal bookmaking business.

Gambling 98

Gambling audit Technology accounting firms 98