CPA Practice

APRIL 18, 2023

By David Wichner, The Arizona Daily Star, Tucson (TNS) A tax preparer in Tucson, AZ, already awaiting trial on drug-smuggling charges has been indicted by a federal grand jury, accused of filing fraudulent tax returns to reap inflated fees. A phone message left for Nour at a number listed for Skyman Tax was not returned.

Arizona 98

Arizona tax preparation Tax tax return 98

CPA Practice

JANUARY 26, 2024

23, 2024, to two years in prison for a scheme to file false tax returns, and to two years in prison for an unrelated online romance scam. According to court documents and statements made in court related to the tax scheme, Iona Coates owned and operated Bits & Bytes Accounting Services Inc.,

Florida 109

Florida tax preparation Tax tax return 109

ThomsonReuters

NOVEMBER 26, 2024

If there is one thing accountants and tax preparers know for sure, it’s that an efficient tax workflow is key to remaining competitive in an increasingly digital tax and accounting landscape. To achieve this, many forward-looking accountants and tax preparers are shifting toward a fully digital tax workflow.

Technology 52

Technology accounting firms Tax tax preparation 52

ThomsonReuters

MARCH 3, 2025

For years, automation has eliminated the need for tax professionals to spend their days steeped in manual data entry, searching for blank fields or numbers that dont add up. With agentic AI, accountants can automate complex pieces of the tax return process.

Tax 93

Tax accountant accounted Account 93

Snyder

OCTOBER 30, 2022

How much do small businesses pay in taxes? How to file income tax? How to file self-employment tax? How to file employment tax? How to file excise tax? How to file estimated tax? Tax preparation tips: How to prepare in 5 steps. When are 2022 taxes due? General Tax Calendar.

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tax preparation E-commerce Tax income tax 98

Withum

APRIL 12, 2022

The tax due date for most individual tax returns this year is April 18. If you are unable to complete your return to file by April 18, you can file for an extension to submit your return by October 17. However, the extension does not cover the payment of the tax due.

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ThomsonReuters

DECEMBER 6, 2023

James Creech, a senior manager with Baker Tilly’s tax advocacy and controversy team, explained that the origin of the current issues with the ERC can be traced back to before the health emergency and the absence of tax preparer oversight. “Tax preparation is kind of the Wild West,” Creech began.

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tax preparation Tax tax return payroll 105

MyIRSRelief

OCTOBER 3, 2022

There is a substantial amount of time you have to file your taxes, but the process can seem hefty. With the help of Los Angeles tax services firms, you can receive information on your tax return, the amount you owe, and various resources for tax preparation service. Call us today at 1-877-788-2937.

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tax services California Tax tax preparation 147

Ronika Khanna CPA,CA

MAY 3, 2024

Despite your (and/or your accountants’)best efforts , occasional errors or omissions relating to your personal tax return are unavoidable. It is possible that you forgot to include a tax slip, overstated your expenses or was unaware of a specific tax credit. the new home buyer’s credit or the hybrid car tax credit.

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tax return Tax income tax tax preparation 86

MyIRSRelief

DECEMBER 15, 2022

Here are some steps you can take to tackle the task: Take an inventory: First, make a list of all the records you have, including bank/credit card statements, invoices, receipts, and other documents. What is income tax preparation service? What is business tax preparation service?

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tax accountant Tax accountant accounted 130

Going Concern

SEPTEMBER 25, 2023

In the indictment that was unsealed on Tuesday, prosecutors allege that Mitchell and Shreiteh allegedly recruited independent business owners, self-employed workers, and other businesses to provide them with personal information, bank statements, and other documents which they then submitted for PPP loans, prosecutors said.

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Going Concern

NOVEMBER 8, 2024

PwC accused of interfering in Australian tax leaks probe [ Financial Times ] PwC has been accused of interfering in Australia’s political and regulatory affairs after documents revealed the Big Four accounting group warned its local firm against co-operating with investigations into a damaging tax leaks scandal without permission.

Florida 98

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MyIRSRelief

FEBRUARY 8, 2023

Tax Preparation, Tax Planning, and Tax Representation: Understanding the Importance of Professional Assistance Tax preparation, tax planning, and tax representation are all crucial components of managing your finances and ensuring that you meet your tax obligations.

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MyIRSRelief

SEPTEMBER 6, 2024

Understanding the Tax Landscape for Small Businesses and the Self-Employed Key Tax Obligations Small businesses and self-employed individuals have several tax obligations that they must fulfill. This involves filing annual tax returns and making estimated tax payments throughout the year.

Tax 130

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CPA Practice

APRIL 5, 2024

TNS) A Kennewick tax preparer cost the United States $42 million in lost tax revenue between 2017 and 2020 after filing tax returns that were riddled with errors, fabrications and fraudulent entries, alleges the Department of Justice. By Annette Cary, Tri-City Herald, Kennewick, Wash. Owen, CPA, at 100 N.

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tax return Tax tax preparation income tax 103

ThomsonReuters

FEBRUARY 28, 2025

She explained that previously, a good documentation package (“R&D study”) would have prepared this information for an IRS exam. Now, it is required when the tax return is due. million and gross receipts equal to or less than $50 million, the increased documentation requirements will still pose challenges.

Tax 52

Tax tax return tax preparation payroll 52

xendoo

FEBRUARY 23, 2022

How Much Time Does it Take an Accountant to Prepare Taxes? The time it takes an accountant to do taxes depends on the complexity of your return and how quickly you make your tax information and necessary documents available to them. . It is better to plan ahead before the tax filing deadline.

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MyIRSRelief

MARCH 29, 2024

In the bustling city of Whittier, California, businesses face a myriad of tax-related challenges that can significantly impact their operations and financial health. From business tax preparation to dealing with unpaid back taxes and navigating complex audits, the tax landscape can be daunting.

California 130

California tax services business tax Tax 130

CPA Practice

SEPTEMBER 19, 2024

Note : The spring 2025 tax filing season is when taxpayers report their 2024 income and related matters to the IRS, so it’s important to keep up with the laws as they applied during the previous calendar year. This would make sure you are using the latest data available at the time to complete tax filings. Digital Storage: Yes.

Tax 132

Tax tax preparation tax return Education 132

ThomsonReuters

OCTOBER 6, 2023

Tax season is hard enough: you don’t need to make it harder on your team and clients with outdated technology and a stagnant process. Modernizing document collection Requesting and gathering the necessary client documents and data is the first phase of the tax prep process and often the most challenging.

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tax preparation Tax Technology tax return 64

CPA Practice

JANUARY 8, 2024

The IRS has announced that it will start accepting and processing tax returns on Monday, Jan. million individual tax returns to be filed by the April 15, 2024, tax deadline. Although the IRS will not officially begin accepting and processing tax returns until Jan. The agency expects more than 128.7

Tax 133

Tax tax return income tax Massachusetts 133

ThomsonReuters

JANUARY 16, 2025

Avoid the last-minute filing rush Minimize client e-file rejections Receive faster refunds Maintain data security in tax returns More time for advisory services How to convince clients to e-file early When does early e-filing start? The IRS usually starts accepting tax returns for the new season on the 4th Monday of January.

accountant 52

accountant accounted Account tax return 52

ThomsonReuters

FEBRUARY 13, 2024

1040 preparation, financial advisement, bookkeeping). penalty for late document submission). hourly, per service), document the precise charge for each service and display the total amount due in an emphasized font. Develop consistent file-naming conventions for invoices and other supporting documents. Billing totals.

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tax preparation Tax tax return cpa firm 52

CPA Practice

OCTOBER 2, 2023

October 16 is this year’s deadline for taxpayers who requested additional time to file their taxes. This is often necessary for taxpayers who are still waiting on some documents before they can file their returns. However, taxes expected to be owed were required to be owed by the original April 18, 2023, deadline.

South Carolina 124

South Carolina Georgia Tax income tax 124

CPA Practice

FEBRUARY 28, 2024

A group of Mississippi tax return preparers were sentenced to prison on February 22, 2024, for charges related to a conspiracy to prepare and file false tax returns for clients in Jackson, Mississippi. Earnest and Randell were also convicted of preparing such returns.

Mississippi 52

Mississippi tax return tax preparation Tax 52

MyIRSRelief

FEBRUARY 1, 2023

An IRS audit is a review or examination of an individual’s or organization’s tax return to ensure that the information is accurate and that the tax return is being filed in compliance with the tax laws. You may also need to provide documentation to support your request.

Tax 147

Tax tax return cpas audit 147

CPA Practice

AUGUST 11, 2023

A South Carolina woman was sentenced today to 37 months in prison for conspiring to defraud the United States by preparing and filing false tax returns. According to court documents and statements made in court, Georgina Gonzalez, formerly of Miami, worked as a tax return preparer since at least 2013.

South Carolina 98

South Carolina Tax tax preparation tax return 98

MyIRSRelief

JUNE 1, 2022

You need to seek help from a professional tax service provider. You need someone to help you in terms of business bookkeeping, tax preparation, tax planning and even with tax controversy. Tax preparation for Norwalk. Your problem will not be solved by paying interests, fines and fees.

California 100

California tax services Tax tax return 100

CPA Practice

AUGUST 14, 2023

A South Carolina woman was sentenced today to 37 months in prison for conspiring to defraud the United States by preparing and filing false tax returns. According to court documents and statements made in court, Georgina Gonzalez, formerly of Miami, worked as a tax return preparer since at least 2013.

South Carolina 98

South Carolina Tax tax preparation tax return 98

CPA Practice

MARCH 19, 2024

By Sean Emery, The Orange County Register (TNS) A former Orange County tax preparer convicted of carrying out a tax fraud in which prosecutors say he attempted to claim more than $10 million from the IRS and numerous state tax authorities was sentenced on March 18 to 10 years in federal prison.

tax preparation 69

tax preparation California Tax tax return 69

xendoo

SEPTEMBER 28, 2021

If you want to make sure that you and your small business are ready for the 2021 tax season, then it is essential to remain well organized throughout the year. You will also need to make sure that you have documents to support any exemptions that you plan to file. . Estimated tax payments. Work with a Tax Professional.

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tax preparation Tax income tax bookkeeping 52

CPA Practice

JUNE 24, 2024

Tax Preparation Checklist: A comprehensive list of documents and information needed from clients for tax preparation, such as income statements, expense receipts, and previous tax returns. Invoice Template: For billing clients for services rendered.

accounting firms 124

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CTP

OCTOBER 17, 2022

Even if your business only has one administrator and one tax preparer, that is your team. Before a system was put in place, the business owner was involved in answering the phone, redirecting calls, and closing sales, even though their primary strength was tax preparation. The solution? Other controls can include….

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tax planning Tax tax preparation tax return 98

Going Concern

JANUARY 22, 2025

A federal indictment unsealed today charges Jason Alexander Jerkins, 36, of Franklin, Tennessee, with wire fraud, money laundering and tax fraud, announced Acting United States Attorney for the Middle District of Tennessee Robert E. JBS was a sole proprietorship, and Jerkins controlled its bank accounts. .”

Tennessee 59

Tennessee CPA bookkeeping payroll 59

CPA Practice

APRIL 9, 2024

Social media—things like Facebook, Instagram and TikTok—can be used to circulate “wildly inaccurate tax advice,” the agency said. Some claims involve urging people to misuse common tax documents like Form W-2 or more obscure ones like form 8944, a technical e-file form not commonly used by most filers.

Tax 116

Tax tax return tax preparation payroll 116

CTP

JANUARY 9, 2023

Even if your business only has one administrator and one tax preparer, that is your team. Before a system was put in place, the business owner was involved in answering the phone, redirecting calls, and closing sales, even though their primary strength was tax preparation. The solution? Other controls can include….

tax planning 97

tax planning Tax tax preparation tax return 97

CPA Practice

JANUARY 29, 2024

The Internal Revenue Service opened the 2024 tax season on January 29, 2024, accepting and processing federal individual tax returns, and announcing that it expects more than 146 million individual tax returns for 2023 to be filed this filing season. Online Account.

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tax return Tax income tax tax preparation 116