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How to efficiently file a business tax return: A workflow guide for accounting firms

ThomsonReuters

Filing business tax returns is no doubt an intricate process, but with the right workflow, accounting firms can streamline the process, reduce errors, and ensure compliance. Prepare and review the tax return 4. File electronically and track the return 5. Review deduction and credit opportunities 3. Partnership.

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Site Visits: A Critical Step in the Business Valuation Process

RogerRossmeisl

Valuing a business requires more effort than just plugging numbers from the financial statements into a spreadsheet or artificial intelligence software program. Financial statements, tax returns and marketing materials tell only part of the story.

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Management Interviews are a Critical Part of the Business Valuation Process

RogerRossmeisl

When preparing a business valuation, quantitative data — from tax returns, financial statements, contracts and other sources — is important. But there’s more to a company than numbers. Qualitative factors also contribute to a company’s overall value. Websites and marketing materials can provide only limited insight.

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Accounting’s Pricing Conundrum in the Age of Generative AI 

CPA Practice

Tasks that once took multiple days and/or accounting professionals to complete can be readily accomplished in a matter of hours – whether that’s creating detailed tax reports and summaries or gathering reams of financial data to help prepare tax returns.

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Be an Odd Duck: Work on, Not in Your Public Accounting Practice

Speaker: Tom Bowman, CPA of Bowman & Company

It is possible to run an Accounting Firm and never do tax returns or financial statements! They get wrapped up in production work and never take the time to manage, grow and promote their practice. In this webinar you will learn: To be that Odd Duck and rehab your practice so that it runs largely without you.

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Sales tax and M&A: Don't wait until it's too late

TaxConnex

But many business owners have been gut-punched during due diligence when an unanticipated sales and use tax?deficiency Once a business has determined a requirement to collect and remit sales tax, they must establish a way to charge sales tax, register with each required state and set up a process for filing the sales tax returns.?This

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Statutory reporting: An overview

ThomsonReuters

Statutory reporting is a critical process for multinational corporations, involving the preparation and submission of financial statements to comply with legal obligations across various jurisdictions. Key components of statutory reports include financial statements and ESG disclosures, enhancing stakeholder trust and governance.