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The Ultimate Guide to Bookkeeping for Home Service Contractors

Steve Feinberg

Let’s look at some of the best tips and advice for bookkeeping for home service contractors. Importance of Bookkeeping for Home Service Contractors Bookkeeping for small construction businesses and home service contractors is crucial for many reasons.

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2023 Year-End Tax Planning Strategies for the Real Estate and Construction Industry

Cherry Bekaert

Contributor: Chelsea Payne , Senior Manager, Tax Services As the end of the year approaches, strategic planning remains crucial for taxpayers looking to optimize their financial positions and set the stage for a strong start in the upcoming fiscal year. Not all sales and not all taxpayers can qualify to use the installment sale method.

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Friday Footnotes: EY Buffs PE Practice; A Thirst for Integrity; “Everyone Feels KPMG Is 4th” | 6.10.22

Going Concern

The Chrisleys were found guilty of tax evasion, and Peter Tarantino was found guilty of filing two false corporate tax returns on behalf of the Chrisleys’ company. Certain tax services do not violate US ban on provision of accounting services in relation to Russia sanctions [ Journal of Accountancy ] A U.S.

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2022 Year-End Tax Planning Checklist

Withum

Doing so may enable you to claim larger deductions, credits, and other tax breaks for 2022 that are phased out over varying levels of adjusted gross income (AGI). Postponing income also is desirable for taxpayers who anticipate being in a lower tax bracket next year due to changed financial circumstances. Energy credits.