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Payroll Taxes Demystified: A Breakdown for Accountants and CPAs Serving Business Owners

CPA Practice

Compliance and Reporting Ensuring compliance with payroll tax regulations involves timely and accurate reporting to various tax authorities. As an accountant or CPA, you play a vital role in: Calculating and withholding taxes correctly. Filing tax returns and remitting payments on time.

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Shortage of Accountants? Think Again.

CPA Practice

If today’s tax accountant brings in an average of $51,398 in revenue, what will that number look like a decade from now? Contrary to the panic, I posit that we’re approaching a future teeming with accountants—so many, in fact, that we’ll soon wonder how to fill our newfound leisure hours. Increase college enrollments.