RogerRossmeisl

OCTOBER 13, 2024

As Reported via IR-2024-263 on 10/10/2024 The Internal Revenue Service announced on 10/10/2024 continued progress on Employee Retention Tax Credit claims, with processing underway on about 400,000 claims, representing about $10 billion of eligible claims. Work on the claims for small businesses and others is ongoing as the agency continues to navigate a large volume of claims from the complex pandemic-era credit.

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Tax CPA cpa firm business tax 236

Insightful Accountant

OCTOBER 13, 2024

Last week we asked you to tell us what you thought about recent Intuit actions and announcements. This week we want to know if you have changed your mind after their 'Showcase' last Thursday. Please take this short survey.

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RogerRossmeisl

OCTOBER 13, 2024

You may trust your executive management team implicitly. But the research is clear: In organizations where executives turn to fraud, the results are very costly. According to the Association of Certified Fraud Examiners’ (ACFE’s) Occupational Fraud 2024: A Report to the Nations, owner/executive fraud makes up only 19% of all cases but has a median loss of $459,000 per incident.

CPA 222

CPA 222

Wendy Tietz

OCTOBER 13, 2024

The Toro Company (NYSE: TTC) recently released its third quarter financial results for fiscal year 2024. (Toro has a fiscal year end of October 31.) Toro’s financial results were affected by its product mix across Residential and Professional segments.

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managerial accounting Sales accounted Account 52

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Account

RogerRossmeisl

OCTOBER 13, 2024

If you have a child or grandchild planning to attend college, you’ve probably heard about qualified tuition programs, also known as §529 plans. These plans, named for the Internal Revenue Code section that provides for them, allow prepayment of higher education costs on a tax-favored basis. There are two types of programs: Prepaid plans, which allow you to buy tuition credits or certificates at present tuition rates, even though the beneficiary (child) won’t be starting college for some time; an

income tax 222

income tax Education CPA Tax 222

RogerRossmeisl

OCTOBER 13, 2024

As appearing at the IRS web page entitled “IRS Audits” An IRS audit is a review/examination of an organization’s or individual’s books, accounts and financial records to ensure information reported on their tax return is reported correctly according to the tax laws and to verify the reported amount of tax is correct. Why am I being selected for an audit?

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audit tax return CPA Tax 211