CPA Practice

APRIL 7, 2023

The Department of Justice is warning taxpayers to choose their return preparers wisely as the April 18 federal tax filing deadline approaches. Unscrupulous preparers who include errors or false information on a tax return could leave a taxpayer open to liability for unpaid taxes, penalties and interest.

tax preparation 132

tax preparation Tax tax return income tax 132

CPA Practice

JANUARY 8, 2024

The special week is the IRS’ latest effort in support of taxpayers and the tax community. Each year, millions of taxpayers seek the help of tax professionals to prepare their federal tax returns and other filings. “As For available more information and locations, see free tax return preparation for qualifying taxpayers.

Tax 111

Tax tax return Minnesota income tax 111

CPA Practice

FEBRUARY 16, 2024

Due to severe storms in August 2023, individuals and business taxpayers in some Michigan counties have until June 17, 2024, to file various federal individual and business tax returns and make tax payments, the the Internal Revenue Service has announced. Quarterly estimated income tax payments normally due on Sept.

Michigan 59

Michigan Tax tax return income tax 59

CPA Practice

APRIL 12, 2023

million people across the nation (state-by-state list below) have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return. billion in refunds remain unclaimed because people haven’t filed their 2019 tax returns yet. Need to file a 2019 tax return?

Rhode Island 122

Rhode Island tax return Tax West Virginia 122

CPA Practice

DECEMBER 19, 2023

Michigan lowers prepaid sales tax rate for gasoline From December 1 through December 31, 2023, Michigan’s prepaid sales tax rate for gasoline is dropping from 19.2 Also as of December 1, tax returns for South Carolina’s maximum tax can no longer be filed on paper; Max Tax returns must be filed electronically.

South Carolina 111

South Carolina Tax Florida tax return 111

CPA Practice

AUGUST 21, 2023

They are taxed on their income but can’t write off most of their business expenses. Section 280E of the federal tax code bars marijuana firms from claiming business expenses on their federal tax return other than for their cost of goods sold. Look for more states to follow suit. _

income tax 98

income tax Tax tax return Oregon 98

CPA Practice

JUNE 21, 2023

Field of Study: Business Management & Organization Register Today Presented by Shirley Chen is a SafeSend Product Enthusiast based in Commerce, Michigan. Shirley Chen is a Digital Transformation Practitioner who specializes in leading changes in the tax & accounting industry.

Tax 80

Tax Technology Indiana Michigan 80

CPA Practice

SEPTEMBER 12, 2024

s HR Consulting Practice Award-winning CPA advisory firm Herbein + Company, Inc. Allison Haug, CPA, joined the Firm as an Audit Senior Manager with 12 years of experience. A seasoned CPA growth expert, Pawlow is also a respected speaker and author, recognized for his thought leadership and innovative strategies.

Kansas 104

Kansas Pennsylvania audit accounting and finance 104

CPA Practice

MARCH 21, 2024

This blog post sheds light on what makes personal property tax compliance in certain states particularly tricky. The personal property tax forms and procedures conundrum Filing property tax returns is the first hurdle your company must overcome if you do business in any of the 37 states that tax tangible personal property.

Rhode Island 119

Rhode Island Arizona Tax South Carolina 119

Going Concern

FEBRUARY 16, 2024

This is according to the Illinois CPA Society (ICPAS), which surveyed 449 employers and 433 accounting and finance employees last summer and released its results last month. According to a lobbyist for the Iowa Society of Certified Public Accountants, fewer CPA firms are willing to audit government agencies.

Real Estate 105

Real Estate Iowa audit public accounting 105

MyIRSRelief

JULY 3, 2023

During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. Verify their credentials, such as being an enrolled agent, tax attorney, or CPA, and check for any relevant certifications or affiliations. ERC IRS Audit Process 2.1

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audit North Carolina Oklahoma Ohio 130

CPA Practice

AUGUST 18, 2023

Join SafeSend as we examine a variety of options for automating client touchpoints across the tax engagement – gather source documents, collect digital organizers, assemble, and deliver completed tax returns, collect e-signatures, send reminders, and accept tax prep fees just to name a few.

Technology 52

Technology Indiana Michigan E-commerce 52

CPA Practice

JULY 19, 2023

A special rule allows gift givers to spread larger one-time gifts across five years’ worth of gift tax returns to preserve their lifetime gift exclusion. CSS Profile schools are mostly private colleges and universities, along with a few “public ivies” like the University of Michigan, William & Mary and the University of Virginia.

Education 98

Education Transportation Michigan Virginia 98

CPA Practice

APRIL 14, 2023

have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return, the IRS said on Wednesday. billion in refunds remain unclaimed because people have not filed their 2019 tax returns yet. People face a July 17 deadline to file their returns. million people across the U.S.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

CPA Practice

APRIL 13, 2023

have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return, the IRS said on Wednesday. billion in refunds remain unclaimed because people have not filed their 2019 tax returns yet. People face a July 17 deadline to file their returns. million people across the U.S.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

CPA Practice

SEPTEMBER 17, 2024

Since joining the firm in 2021, Brianna has excelled in accounting, auditing, compliance, financial statement preparation, tax return preparation, and special projects. Her specialization in nonprofit work and her CPA certification highlights her commitment to excellence. He holds both CPA and CVA certifications.

Construction 52

Construction Illinois audit Real Estate 52

CPA Practice

FEBRUARY 29, 2024

Businesses with income from farming or fishing that have not paid all of their 2023 tax year estimated taxes by Jan. 16 must file their tax returns and pay their entire tax due on or before March 1. Only those taxpayers that have paid their estimated tax payments by Jan.

Rhode Island 52

Rhode Island West Virginia Tax Connecticut 52

Going Concern

AUGUST 2, 2024

Mergers & Acquisitions Advisor to CPA Firms Wowed by CBIZ/Marcum [ INSIDE Public Accounting ] Allan D. One has retired after 30 years as a solo, while another is working on earning her CPA. Jayden Doyé, CPA, prepared clients’ tax returns in his employer’s Atlanta office and dreamed of doing work on a beach.

audit 59

audit CPA auditor cpas 59

CPA Practice

AUGUST 7, 2023

Taylor, Kiplinger Consumer News Service (TNS) Does the order of names on your joint federal income tax return reveal significant things about you and your partner? A recent study suggests the answer could be yes—that tax return name order may hold some clues about social norms and beliefs. So, is this study relevant?

tax return 98

tax return income tax Tax Michigan 98

Going Concern

NOVEMBER 10, 2023

Customers of the Falasz Tax and Accounting company say they’re upset because the company didn’t file their taxes on time in April and then missed the October extension date. Earnest and Randell were separately convicted of individual counts of preparing false tax returns.

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audit accounting and finance auditor accounting firms 122

CPA Practice

DECEMBER 29, 2023

Randy Johnston and Brian Tankersley, CPA, talk about the technology changes and new products they expect to see in the coming year. Intro: Welcome to the technology lab presented by CPA Practice Advisor with your hosts, Randy Johnston and Brian Tankersley. Use the podcast player below to listen. SPEAKERS Randy Johnston, Brian F.

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Technology quickbooks cpa firm CPA 59