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As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. Understanding the details of payroll taxes helps you better assist your clients in fulfilling their obligations and maximizing tax efficiency. Social Security Tax : Employers and employees each contribute 6.2%
The notice will state the amount of tax due, as well as interest and penalties. The notice will also include the following information: The amount of tax due The amount of interest and penalties The due date for payment Instructions on how to pay What do I need to do if I receive an IRS CP14 notice? What is an IRS CP14 notice?
The notice will state the amount of tax due, as well as interest and penalties. The notice will also include the following information: The amount of tax due The amount of interest and penalties The due date for payment Instructions on how to pay What do I need to do if I receive an IRS CP14 notice? What is an IRS CP14 notice?
Top 200 accounting firm Barnes Dennig and Indianapolis-based Greenwalt CPAs are combining, effective Jan. The combined firm will have about 215 employees and five offices in three states: Ohio, Indiana, and Kentucky. 1, 2025, expanding services for clients of both organizations.
Inevitably, your clients with growing businesses will want to hire, so you’ll be better able to help them if you have a clear understanding of the differences between SUI (state unemployment insurance) and SIT (state income tax) and how they affect your clients’ businesses. What is SUI Tax? The federal tax rate is a flat 6%.
Contact us for professional tax help today! During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. What Skills Should I Look for in a Tax Professional for ERC Audit Representation? Understanding ERC IRS Audits 1.1
Top 200 accounting firm ATA CPAs + Advisors has expanded its presence in western Tennessee after combining with Memphis-based Whitehorn Tankersley & Davis PLLC on Jan. With this merger, ATA now has 240 employees and 16 locations across four states—Tennessee, Arkansas, Kentucky, and Mississippi.
by revenue, Raleigh, NC-based Cherry Bekaert said on Thursday it has acquired Louisville-based firm MCM CPAs & Advisors. Founded in 2009, MCM’s offices stretch across Kentucky, Ohio, and Indiana. In a deal involving two of the 75 largest accounting firms in the U.S. We are excited to welcome MCM to the firm.”
Grant Thornton, which provides tax and business consulting services, will occupy about 5,100 square feet on the 8th floor of the River Center, at 111 E. A CPA’s office building caught fire in Kentucky : An office building caught fire Friday morning in downtown Hazard. Kilbourn Ave., Wisconsin Ave. University of MissouriSt.
The West Virginia Society of Certified Public Accountants (WVSCPA) is offering an Introduction to Crypto Currency and Tax Planning. The webinar is free for West Virginia Society of CPAs members, who can register here. Taking place on January 31, 2024, the conference is directed at tax professionals that advise nonresidents with U.S.
IRIS works with thousands of CPA firms in North America, including 52 of the top 100 CPA firms in the US, and provides innovative solutions to serve accountancy customers in the North American market, making IRIS the go-to partner for CPAs. Sign in or subscribe to get access to this free resource, and all of our whitepapers.
ATA CPAs + Advisors PLLC, a licensed CPA firm, has been renamed ATA PLLC and provides audit and assurance services, while ATA Advisory LLC provides non-attest services, including tax and advisory services. The firm has approximately 240 employees across 16 offices in Tennessee, Arkansas, Kentucky, Mississippi, and Georgia.
IRIS works with thousands of CPA firms in North America, including 52 of the top 100 CPA fi rms in the US, and provides innovative solutions to serve accountancy customers in the North American market, making IRIS the go-to partner for CPAs. Sign in or subscribe to get access to this free resource, and all of our whitepapers.
Practice Management We interrupt your regularly scheduled news links with a message from Accountingfly: Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! Sign up now to see the complete candidate list and connect with potential hires.
His tenure includes positions as Head of London Audit and Tax, Head of People and Client Experience, and most recently, Chief Operating Officer since 2019. The declining birth rate also plays a role into the low supply of accountants, according to Henry Grzes, lead manager for tax practice and ethics with the American Institute of CPAs. “It
million) is merging in Hearthstone CPA Group of Bremerton, Wash. to Kansas City when a Fresno tax processing center closed in September 2021 have not been found, the report from the government watchdog said. The missing cartridges contain a mix of tax information about individuals and businesses.
AI Americans trust AI more than a CPA to do their taxes, according to new research [ Fortune ] Only 2 in 5 Americans are confident about their tax filing game, according to a new survey from Invoice Home. Nearly 43% of respondents say they would trust artificial intelligence for help more than tax professionals like CPAs.
Talent Accounting Firms Must Do More Than Make One-Time Salary Bumps [ Bloomberg Tax ] Going Concern favorite Hofstra professor Jack Castonguay writes: Ernst & Young’s plan to increase starting salaries by 10% still isn’t enough to be competitive in the current marketplace for early-career accountants. ” You get the idea.
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