Accounting Insight

SEPTEMBER 11, 2024

Company secretarial software and formations specialist Inform Direct is to unveil its latest update at Accountex Summit Manchester – a new flexible client portal which delivers a range of real benefits to accountants. The post Inform Direct Launches New Client Portal appeared first on Accounting Insight News.

accounted 59

accounted Account accountant 59

Anders CPA

FEBRUARY 1, 2024

Anders welcomes Kevin Baldus as the firm’s new Chief Information Officer. Kevin Baldus assumed the role of Chief Information Officer on January 15, 2024. The post Kevin Baldus Joins Anders as Chief Information Officer appeared first on Anders CPA.

Technology 116

Technology CPA accounting firms Retail 116

Accounting Today

AUGUST 20, 2024

Greatland Corporation, the company behind Yearli, announced it has acquired Information Returns Inc.

tax preparation 72

tax preparation Tax 72

CPA Practice

AUGUST 20, 2024

Greatland Corporation, a Michigan-based industry leader in wage and information reporting, today announced the acquisition of New Hampshire-based Information Returns Inc., Information Returns has been providing businesses with 1099 and W-2 support services for more than 35 years through its popular Quick and Easy software.

New Hampshire 52

New Hampshire Michigan business accounting accounted 52

KROST

AUGUST 15, 2023

Starting January 1, 2024, business owners will face additional reporting requirements enforced by the Financial Crimes Enforcement Network (FinCEN), in compliance with the Corporate Transparency Act’s (CTA) Beneficial Ownership Information (BOI) Reporting Rule. The reporting Read the full article.

Tax 84

Tax 84

CPA Practice

SEPTEMBER 14, 2024

By staying informed about eligibility, enrollment periods, and the different parts of Medicare, CPAs can help their clients make informed decisions that ensure comprehensive healthcare coverage in their retirement years.

cpas 98

cpas Healthcare accounted Account 98

RogerRossmeisl

MAY 31, 2022

The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that doesn’t match the agency’s records. The post Businesses May Receive Notices About Information Returns That Don’t Match IRS Records appeared first on Roger Rossmeisl, CPA.

CPA 164

CPA accounted Account accountant 164

ThomsonReuters

NOVEMBER 8, 2022

How is information technology used in accounting? Not so long ago, accountants spent much of their time manually entering data and searching for information. So why not use the latest advances in accounting information technology to wow your clients? . What are the benefits of accounting information technology? .

Technology 98

Technology accounted Account accountant 98

RogerRossmeisl

JANUARY 19, 2022

How tax identity theft occurs In a tax identity theft scheme, a thief uses another individual’s personal information to file a bogus tax return early in the filing season and claim a fraudulent refund. The post Help Safeguard your Personal Information by Filing your 2021 Tax Return Early appeared first on Roger Rossmeisl, CPA.

tax return 181

tax return Tax income tax CPA 181

CPA Practice

JUNE 28, 2023

Geni Whitehouse, CPA.CITP, CSPM has been appointed president of the Information Technology Alliance (ITA), an independent membership association of leading mid-market technology professionals, consultants and product/service providers in North America, effective August 1, 2023. For more information on ITA, click here. Petersburg, FL.

Technology 98

Technology CPA accounting software accounting firms 98

Withum

MARCH 2, 2024

In a surprise decision Friday night, a federal district court ruled that the Corporate Transparency Act (“CTA”) is unconstitutional, effectively placing the Beneficial Ownership Information (BOI) reporting on hold. Contact Us Please reach out to Withum’s Tax Services Team if you have any questions about how this may affect your business.

Ohio 140

Ohio Non-Profits tax services Tax 140

Accounting Today

SEPTEMBER 19, 2024

The Internal Revenue Service needs to do more to get ready for new reporting requirements on the Form 1099-K and 1099-DA, according to a new report.

Tax 119

Tax 119

Cherry Bekaert

DECEMBER 7, 2023

The Financial Crimes Enforcement Network (FinCEN) released a Final Rule regarding beneficial owner information (BOI) reporting. The BOI rule requires reporting companies to report to FinCEN within prescribed time periods information about themselves, as well as information about individuals who are beneficial owners of the reporting company.

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93

CPA Practice

JUNE 10, 2023

While the FTC Safeguards rule designed to protect financial and PII (personally identifiable information) has been around for decades, as of June 9, 2023, compliance of various components including a Written Information Security Plan, or WISP, became mandatory!

Education 111

Education CPA cpa firm tax return 111

CPA Practice

AUGUST 3, 2023

The IRS is not adhering to its own internal guidelines when sending large volumes of sensitive taxpayer information to and from its tax processing centers, according to a new report from the Treasury Inspector General for Tax Administration, the watchdog entity that oversees the nation’s tax agency.

Tax 98

Tax audit income tax 98

CTP

JANUARY 16, 2024

This is where you can provide additional value to your tax clients, just by familiarizing them with the new beneficial ownership information requirement. Beneficial ownership information (BOI) is required from all types of businesses from corporations to LLCs—really any entity that is registered with a state secretary or a similar office.

business tax 105

business tax Tax Legal Government 105

Shay CPA

OCTOBER 16, 2024

As a result, it’s critical that every tech startup and its founders know about the Corporate Transparency Act (CTA) — and the beneficial ownership information (BOI) reporting requirement it puts in place. In short, it says that as of January 1, 2024, many companies need to report information about their beneficial owners to FinCEN.

accounting and finance 52

accounting and finance E-commerce Legal CPA 52

Accounting Today

FEBRUARY 12, 2024

Hundreds of Internal Revenue Service employees and contractors continued to have access to at least one sensitive IRS computer system even after they stopped working there.

income tax 122

income tax Tax 122

Patriot Software

NOVEMBER 7, 2023

Do you need to file Form 1099-NEC, Nonemployee Compensation, Form 1099-MISC, Miscellaneous Information, or another 1099 type? You can use the IRS’s Information Returns Intake System (IRIS) to e-file 1099s. The Information Returns Intake System, IRIS, is a free platform that businesses can […] Read More What is IRIS 1099?

accounted 94

accounted accountant Account 94

Accounting Insight

JUNE 9, 2023

Inform Direct has participated in Accountex over many years, meeting potential clients as well as enjoying the opportunity to catch up with existing subscribers. Henry Catchpole, CEO of Inform Direct said: “We were delighted to return to Accountex this year which appeared to attract pre-pandemic levels of visitors over both days.

accounting firms 59

accounting firms accounted Account accountant 59

FraudFiles

MAY 20, 2024

Income tax returns and supporting information such as W-2s and pay stubs are the most common and basic documents which evidence income in family law cases. This article discusses the sources of income that are disclosed on a personal income tax return (Form 1040), and some ways the items can be evaluated to search for [.]

tax return 52

tax return Tax income tax 52

Cherry Bekaert

MAY 26, 2023

As organizations continue to rely on technology to achieve their business objectives, information technology (IT) risks continue to evolve, becoming increasingly complex and challenging to many organizations. Contact Us The post Top Information Technology Audit Risk Considerations in 2023 appeared first on Cherry Bekaert.

Technology 92

Technology audit auditor Legal 92

Patriot Software

JULY 18, 2024

The Connecticut paid sick leave law was the first state-mandated paid sick leave in the United States, dating back to 2012. In 2024, the state passed a major Connecticut sick leave expansion that begins in 2025. Do you have to pay your employees for sick days in CT? If so, how many days do you […] Read More

Connecticut 75

Connecticut payroll 75

Withum

APRIL 30, 2024

The amendment adds the framework for a new FAR part 40 on information security and supply chain security. Policies and procedures for prohibitions, exclusions, supply chain risk information sharing, and safeguarding information that address security objectives are spread across various parts of the FAR.

Government 72

Government 72

CTP

JANUARY 16, 2024

The Corporate Transparency Act took effect on January 1st, which means that many businesses will need to submit a Beneficial Ownership Information Report to the Financial Crimes Enforcement Network (FinCEN). on or after January 1, 2024 are required to provide information on their company applicants. Accountants and Lawyers.

business tax 100

business tax Tax Legal Government 100

Shay CPA

FEBRUARY 21, 2024

Starting January 2024 (read: this already applies), the vast majority of companies operating across the country need to submit an annual report called Beneficial Ownership Information (BOI). To file, you need to input information on any beneficial owners. Essentially, this tells FinCEN cui bono : who benefits at the company.

CPA 52

CPA Tax Start-ups Legal 52

AccountingDepartment

SEPTEMBER 10, 2024

Experienced business leaders know that accurately predicting future financial outcomes is a highly complex challenge. It’s a process not to be left only to logic that is based on reviews of combined financial reports from the past.

NetSuite 79

NetSuite accounted accountant Account 79

ThomsonReuters

OCTOBER 13, 2022

The IRS uses Forms 1094-C and 1095-C to gather the information necessary to administer employer shared responsibility penalties. Like transmittals of other information returns, the Form 1094-C is not treated as a separate return but must be filed electronically when the Form 1095-C must be filed electronically.

Tax 98

Tax accounted Account accountant 98

FraudFiles

MAY 30, 2023

Everyone knows about the typical sources of financial information in divorces. There are alternative sources of financial information that can be incredibly helpful in divorce cases, however. …

income tax 52

income tax tax return financial statements Tax 52

Cherry Bekaert

JUNE 9, 2023

Commissioner and International Information Reporting Penalties appeared first on Cherry Bekaert. United States (FBAR Case) Importance of R&D Tax Credit Documentation: Lessons from Recent Court Cases View All Podcasts from this Series Questions? Contact Us The post Farhy v.

tax return 84

tax return Maine Tax Government 84