article thumbnail

Nonprofit 990 Tax Compliance: Navigating Challenges with an Enrolled Agent

MyIRSRelief

Nonprofit Tax Service by Mike Habib, EA Nonprofit organizations play a crucial role in society, offering valuable services and advocacy. However, managing tax compliance can be a significant challenge due to the complex nature of tax laws and regulations. and foreign tax laws.

Tax 130
article thumbnail

Friday Footnotes: PwC Completes Its Punishment; Hybrid Work Should Stay in 2025; Deloitte Clutters Up the Dark Web | 1.3.25

Going Concern

The new platform of roughly 12,000 professionals will include a united Trans-Atlantic advisory and tax practice, as well as independent audit practices. Two anonymous accountants and an unnamed accounting firm have challenged the Public Company Accounting Oversight Boards enforcement authority.

auditor 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tips for Startup Accounting

Withum

Increased Accounting Complexity. Companies are faced with a variety of complex financial accounting and reporting challenges. High risk and complex areas such as Revenue accounting, Capitalized Software Costs and Stock Based compensation require the skill and attention which a company may not have available internally.

article thumbnail

ASU 2023-09: FASB’s New Income Tax Disclosures for Private Entities

Cherry Bekaert

On December 14, 2023, the Financial Accounting Standards Board (FASB) issued final guidance concerning income tax disclosures, labeled Accounting Standards Update No. Your Guide Forward Reach out to Cherry Bekaert’s tax services advisors to help answer any questions regarding the new FASB income tax disclosure guidance.

article thumbnail

GHJ Joins Forces With Fellow L.A. Firm GGF

CPA Practice

Founded in 1993, GGF offers audit, tax, and advisory services for entrepreneurial businesses and individuals. Garabedian added, “I am excited to continue working with GGF’s clients and offer them access to an even broader range of tax services.

article thumbnail

Commingling Funds: How to Address the Problem and Avoid It in the Future

inDinero Tax Tips

If you find yourself needing to fix things retroactively and don’t have the time to untangle the problem yourself, indinero accounting and tax services can manage the issue for you. Quick Note: This article is provided for informational purposes only, and is not legal, financial, accounting, or tax advice.

article thumbnail

What are the best tax research sources?

ThomsonReuters

This includes, but is not limited to: Internal Revenue Code Revenue Rulings Financial Accounting Standards Board (FASB) U.S. Tax Court Supreme Court Circuit Court of Appeals Tax Treaties Treasury Regulations What are the secondary sources of tax law?

Tax 59