CPA Practice

NOVEMBER 26, 2024

First, keep in mind that the IRS usually starts accepting e-filed income tax returns in the last week of January each year, with the deadline to file returns being April 15 (which sometimes varies based on weekends or state holidays). 1 week after that): * IRS may start accepting returns on Jan. 27, 2025. *Jan.

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CPA Practice

FEBRUARY 1, 2024

The IRS started accepting and processing income tax returns on January 29, 2024. The deadline to file returns in 2024 is April 15 (this sometimes varies based on weekends or state holidays). This article includes a handy reference chart taxpayers can use to estimate how soon they may get their income tax refund.

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CPA Practice

FEBRUARY 24, 2023

It’s almost March, and the 2023 tax filing season is well under way. If you haven’t filed your tax return yet and are wondering how long it may take to get your refund when you do file, you’re not the only one looking for the answer. The IRS Started Accepting Returns on Jan. Updated: Feb. 24, 2023: 4:41 pm ET.

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CPA Practice

DECEMBER 26, 2023

It’s almost January, which means the 2024 income tax filing season is coming soon. Although last minute tax law changes can have an impact, the IRS usually starts accepting e-filed income tax returns in the last week of January each year. Or you can download the IRS2Go app to check your refund status.

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CPA Practice

NOVEMBER 22, 2023

December is here, which means the 2024 tax filing season is coming soon. The IRS usually starts accepting e-filed income tax returns in the last week of January each year, with the deadline being April 15 (which can vary based on weekends or state holidays). tool on the IRS website to check the status of your refund.

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CPA Practice

DECEMBER 15, 2023

It’s almost January, which means the 2024 income tax filing season is coming soon. Although last minute tax law changes can have an impact, the IRS usually starts accepting e-filed income tax returns in the last week of January each year. Or you can download the IRS2Go app to check your refund status.

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CPA Practice

JANUARY 8, 2024

The IRS has announced that it will start accepting and processing income tax returns on January 29, 2024. The deadline to file returns in 2024 is April 15 (this sometimes varies based on weekends or state holidays). Or you can download the IRS2Go app to check your refund status.

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Ronika Khanna CPA,CA

MAY 5, 2024

When using accounting software such as Quickbooks Online , the majority of transactions relate to invoicing customers, supplier bills and categorizing expenses that have been downloaded, are relatively straightforward. However, there are transactions that require somewhat special treatment and are usually entered via a journal entry.

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Withum

AUGUST 8, 2024

Blockchain explorers may provide downloadable Excel files to help you get started. Understanding these distinctions can save you from unnecessary panic and ensure accurate reporting when filing your annual income tax returns. Plan for Next Year: Once you’ve filed your taxes, take the time to plan for next year.

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CPA Practice

JANUARY 29, 2024

It’s back to regular IRS deadlines this year, but with a new tool for many low- and moderate-income households: a service that will prepare and file their tax returns online for free. That sort of virtual hand-holding is similar to what you’d get by using commercial tax preparation software.

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Nancy McClelland, LLC

MARCH 9, 2023

Here’s how it works: the IRS receives a copy of every single tax form filed by you – or “on” you (by, say, an employer or brokerage firm). If you’re paralyzed with fear of filing your tax return because you might be missing documents, you can easily find them by accessing your IRS transcript.

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xendoo

DECEMBER 14, 2020

Tax Return or Notice. 1040, 1040A, 1040EZ, health care Form 1040, retirement plan 5329 or tax-favored account 5329. Estimated Tax 1040ES. Please consult your attorney, business advisor, or tax advisor with respect to matters referenced in our content. 1040, 1040A, 1040EZ, health care Form 1040or civil penalty.

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Ronika Khanna CPA,CA

SEPTEMBER 22, 2023

This is especially true with respect to the more technical aspects of business such as accounting and tax. Digital Download Available at Amazon 1. While you may not see yourself as a business owner, the tax authorities do and they, unfortunately, have the final say on this.

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Nancy McClelland, LLC

JANUARY 16, 2024

For example, if you’re trying to prepare a tax return for a prior-year and need a list of all the informational documents filed with the IRS that are associated with your SSN, you’d want a Wage & Income Transcript. The best news where downloading any transcript is concerned?

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Nancy McClelland, LLC

FEBRUARY 6, 2022

If a taxpayer did not receive the full amount, then they are entitled to recoup the difference on their annual tax return. We’ve come to the conclusion that the best solution to these concerns is to continue to ask clients to download their annual Account Transcript and provide it to us via secure upload.

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Nancy McClelland, LLC

OCTOBER 11, 2023

I wrote a fabulously comprehensive article for MSN back in March about the various types of IRS transcripts, what they’re for, why you’d use one versus another, and how to download them. If you download this list of documents from the IRS, you get a summary of everything filed on your behalf.

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Nancy McClelland, LLC

OCTOBER 11, 2023

I wrote a fabulously comprehensive article for MSN back in March about the various types of IRS transcripts, what they’re for, why you’d use one versus another, and how to download them. If you download this list of documents from the IRS, you get a summary of everything filed on your behalf.

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Ronika Khanna CPA,CA

DECEMBER 2, 2022

If you do decide to pay yourself dividends, it is important to ensure that you prepare the proper documentation for Revenue Canada (CRA) and if you live in Quebec, Revenue Quebec (MRQ) since this must be reported as investment income on your personal tax return in the calendar year in which the dividends are paid.

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Xero

MAY 16, 2022

If you’re self-employed with turnover above £10,000 annually, you will need to follow MTD for Income Tax (ITSA) rules from April 2024. . It’s important to note that all business and/or property income counts towards the £10,000 threshold. If you’re not VAT-registered (but are self-employed).

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CPA Practice

JULY 5, 2024

The Internal Revenue Service is providing a tax relief extension for individuals and businesses in Oklahoma that were affected by severe storms, straight-line winds, tornadoes, and flooding that began on May 19, 2024. 1, 2024, to file various federal individual and business tax returns and make tax payments.

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Ronika Khanna CPA,CA

JANUARY 3, 2022

Download our free small business tax deadline calendar for 2022. Note that the usual deadline for sales tax (GST/HST and QST) payments and income tax returns is April 30th. QST returns for 2021 are due by June 15th, 2022 QST payments for 2021 are due by May 2nd, 2022. Learn more. Available at Amazon.

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Ronika Khanna CPA,CA

JANUARY 27, 2023

I have compiled a list of the deadlines that all of you should know and also updated my annual business tax deadline calendar. Sign up to download our free Canada unincorporated business tax deadline calendar for 2023 or Quebec unincorporated small business tax deadline calendar 2023.

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ThomsonReuters

MAY 12, 2022

The process also involves a review of sales tax payable against the sales tax the company actually paid. A sales tax audit often occurs when a state tax agency suspects a business of understating its reported sales or when the sales tax return filed with the state doesn’t match what was reported to the Internal Revenue Service (IRS).

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Ronika Khanna CPA,CA

DECEMBER 28, 2023

As we approach the new year, it will be time soon to start working on everyone’s favourite activity i.e. getting your tax stuff in order :). Download our free Canada unincorporated business tax deadline calendar for 2024 (both Federal and Quebec). If tax returns are not filed by June 17th, penalties will apply.

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CPA Practice

NOVEMBER 20, 2023

It’s almost December, which means the 2024 tax filing season is coming soon. The IRS usually starts accepting e-filed income tax returns in the last week of January each year, with the deadline to file returns being April 15 (which can vary based on weekends or state holidays).

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Ronika Khanna CPA,CA

FEBRUARY 9, 2024

File it using the fillable form available and can be downloaded at the Revenue Quebec website. This lists the DAS paid for the first 9 months (or 3 quarters) while the last 3 months (or quarter) has to be entered manually. Once completed this has to be signed and mailed. QPIP (RQAP) Boxes 7 and 8 which is the Quebec Parental Insurance Plan.

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inDinero Tax Tips

JANUARY 1, 2025

Download your Series A checklist: Download Here The Importance of Accounting for Tech Startups Accounting is about more than compliance. Tax returns arent worth a founder’s time. As shares vest and increase in value, so do the income tax consequences of receiving them as compensation.

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Reckon

JUNE 22, 2023

Download the ATO app ! Key tax dates What do you need to know for the next 12 months of the new financial year? You can lodge your 2022/23 tax return from now until 31 October. 31 October: Individual tax returns are due for 2022-23. If you lodge with a tax agent, this can be extended.

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FraudFiles

MAY 2, 2022

If you have access to any bank, credit card, or investment accounts online, it’s advisable to go into the accounts and download all available statements and supporting documentation. Income tax returns. Do it right away in case you lose access to that account later. Financial statements. Pay statements.

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Shay CPA

DECEMBER 7, 2022

Sales tax accounts. State franchise and income tax accounts. It can be helpful to sit down with your accountant to get a handle on all of the various accounts with which your business is associated, especially if you’ve been relatively hands-off with your company’s tax compliance. . File a final corporate tax return.

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Snyder

JUNE 24, 2022

Which Shopify Tax Forms Do I Need? We’d reiterate that while you can download forms from Shopify, you’ll require accounting software to deal with the bigger picture: calculating total income and expenses and overall tax liabilities. Is a Shopify 1099 Reliable and Accurate?

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Ronika Khanna CPA,CA

MAY 26, 2023

While submitting your tax return is accompanied by a significant sense of relief, one cannot completely relax until you receive the notice of assessment from Revenue Canada (and Revenue Quebec for those of you lucky enough to file two tax returns).

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Snyder

DECEMBER 11, 2022

Benefits for donors: Deductions on Tax Returns. Claiming a tax deduction for any charitable contribution is impossible without proper and timely documentation. Which means that if a donor intends to claim a tax deduction, a donation receipt must be provided by a charity on request. Preview & Download Receipts.

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ThomsonReuters

JULY 10, 2023

The use tax rate is the same as the sales tax rate where the item is being used and is due when the item is first used in the state. Every calendar year due date, the taxpayer can pay when filing their income tax. For other items, however, Washington state requires that use tax be reported on a designated tax return.

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Ronika Khanna CPA,CA

OCTOBER 13, 2023

The net salary, which is the amount on the employees’ paycheque, is the amount received after payroll and income taxes have been deducted. Digital Download Available at Amazon What is CPP/QPP? The Canada/Quebec Pension Plan is a retirement plan for all Canadian workers that earn employment or self employment income.

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Reckon

JUNE 19, 2024

Reach out now to book in some time with your tax agent or advisor. Your tax agent of course will be your go-to for tax returns and deductibles. Tally up your intended deductions Before you get to tax returns, get your own records together on deductions. make sure you meet your superannuation requirements.

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Ronika Khanna CPA,CA

FEBRUARY 23, 2023

Since you now have the intent to build a business the income earned would have to be reported and expenses incurred to earn this income would be deductible. Digital download (ebook) Available at Amazon Tax Deductions: What types of expenses are deductible? Corporations are required to file a separate corporate tax return.

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