RogerRossmeisl

DECEMBER 15, 2024

As a business owner, you may travel to visit customers, attend conferences, check on vendors and for other purposes. Understanding which travel expenses are tax deductible can significantly affect your bottom line. Properly managing travel costs can help ensure compliance and maximize your tax savings. Your tax home Eligible taxpayers can deduct the ordinary and necessary expenses of business travel when away from their tax homes.

Tax 206

Tax CPA business tax 206

Insightful Accountant

DECEMBER 15, 2024

Course offerings tucked away where they don't seem all that accessible. That's the Intuit Academy. but Insightful Accountant thinks you should be made aware of these offerings if you have never heard about them.

Account 52

Account accountant accounted 52

RogerRossmeisl

DECEMBER 15, 2024

How much can you and your employees contribute to your 401(k)s or other retirement plans next year? In Notice 2024-80, the IRS recently announced cost-of-living adjustments that apply to the dollar limitations for retirement plans, as well as other qualified plans, for 2025. With inflation easing, the amounts arent increasing as much as in recent years. 401(k) plans The 2025 contribution limit for employees who participate in 401(k) plans will increase to $23,500 (up from $23,000 in 2024).

CPA 215

CPA Government business tax Tax 215

Accounting for Good

DECEMBER 15, 2024

As 2024 draws to a close, we want to express our heartfelt gratitude to all our valued clients and partners in the Not-for-Profit sector.

52

52

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

Finance

RogerRossmeisl

DECEMBER 15, 2024

When you think about tax deductions for vehicle-related expenses, business driving may come to mind. However, businesses arent the only taxpayers that can deduct driving expenses on their returns. Individuals may also be able to deduct them in certain circumstances. Unfortunately, under current law, you may be unable to deduct as much as you could years ago.

CPA 198

CPA Tax 198

SchoolofBookkeeping

DECEMBER 15, 2024

Today, we'll explore some important inventory considerations when migrating from desktop to online systems. We encountered a unique use case while working on a client project that involved transitioning a couple of QuickBooks files from desktop to online. This transition revealed some unexpected considerations, particularly concerning inventory management in QuickBooks Desktop and QuickBooks Online.

quickbooks 52

quickbooks E-commerce bookkeeping Tax 52

Accounting for Good

DECEMBER 15, 2024

As 2024 draws to a close, we want to express our heartfelt gratitude to all our valued clients and partners in the Not-for-Profit sector.

52

52

RogerRossmeisl

DECEMBER 15, 2024

Employee stock options remain a potentially valuable asset for employees who receive them. For example, many Silicon Valley millionaires got rich (or semi-rich) from exercising stock options when they worked for start-up companies or fast-growing enterprises. Well explain what you need to know about the federal income and employment tax rules for employer-issued nonqualified stock options (NQSOs).

Non-Profits 199

Non-Profits Tax tax planning CPA 199

SchoolofBookkeeping

DECEMBER 15, 2024

In this Workshop Wednesday, we dive into the intricacies of managing Accounts Receivable (AR) in QuickBooks Online (QBO) and QuickBooks Desktop, addressing common mistakes and offering practical solutions. Workshop Wednesday: Navigating Accounts Receivable in QuickBooks Online Welcome to another Workshop Wednesday, brought to you by School of Bookkeeping.com, where we engage in casual conversations for serious workflows.

quickbooks 52

quickbooks accrual accounting financial statements accounting principles 52

RogerRossmeisl

DECEMBER 15, 2024

If you own a small business with no employees (other than your spouse) and want to set up a retirement plan, consider a solo 401(k) plan. This is also an option for self-employed individuals or business owners who wish to upgrade from a SIMPLE IRA or Simplified Employee Pension (SEP) plan. A solo 401(k), also known as an individual 401(k), may offer advantages in terms of contributions, tax savings and investment options.

CPA 176

CPA Tax accountant accounted 176

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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

Technology

RogerRossmeisl

DECEMBER 15, 2024

In todays global economy, an established business might consider expanding its revenue base by acquiring or merging with a company in an emerging market. These markets for example, in Brazil, China, India, Mexico, South Africa and Turkey provide tremendous growth potential. But they also come with significant risks. So, obtaining reliable business valuations is an essential part of due diligence in emerging-market M&As.

CPA 147

CPA 147

RogerRossmeisl

DECEMBER 15, 2024

Hiring household help, whether you employ a nanny, housekeeper or gardener, can significantly ease the burden of childcare and daily chores. However, as a household employer, its critical to understand your tax obligations, commonly called the nanny tax. If you hire a household employee who isnt an independent contractor, you may be liable for federal income tax and other taxes (including state tax obligations).

Tax 138

Tax income tax CPA 138

RogerRossmeisl

DECEMBER 15, 2024

While many people donate cash or volunteer for their favorite causes, charities also welcome donations of company stock. Stock donations can offer a tax bonus to donors if the shares have appreciated. However, obtaining a business valuation from a qualified appraiser is critical to reap the tax benefits from a donation of private stock. Tax benefits If youre feeling generous this year, youre not alone.

Indiana 207

Indiana CPA Tax 207