Remove tax planning Remove tax return Remove Webinars
article thumbnail

2023 Year-End Tax Planning Strategies for the Real Estate and Construction Industry

Cherry Bekaert

Contributor: Chelsea Payne , Senior Manager, Tax Services As the end of the year approaches, strategic planning remains crucial for taxpayers looking to optimize their financial positions and set the stage for a strong start in the upcoming fiscal year. or 39-year lives.

article thumbnail

AICTP’s Roadmap to Tax Planning: 10 Keys to Growing Your Accounting Advisory Services

CTP

The American Institute of Certified Tax Planners (AICTP) offers a full-service solution to developing CAS in your firm focusing on the specialization of tax planning. AICTP provides a true roadmap for shifting your business model to support advisory centered client relationships through tax planning and value pricing.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

How Xero can support you with Basis Period Reform

Xero

The measure impacts sole trader and partnership clients who use their own accounting year for Income Tax reporting. Going forward, you’ll need to report the profits clients generate in the tax year on their Income Tax Return, instead of the profits they generate during their accounting year.

article thumbnail

Exploring key 2024 tax bill proposals

ThomsonReuters

Addressing income equality: The Tax Excessive CEO Pay Act targets corporations with high CEO-to-worker pay ratios to narrow income disparities. Firms must prepare for potential shifts in tax liabilities and advise clients accordingly. Also, the act addresses the use of optical character recognition (OCR) software.

Tax 110
article thumbnail

Summer Marketing Initiatives for Small to Mid-Sized Accounting Firms

CPA Practice

Host Informative Workshops: Organize free, educational workshops on financial wellness, tax planning, or small business accounting. Consider creating video walkthroughs on how to prepare for end-of-year tax returns or quick tips for managing summer business expenses.

article thumbnail

What accounting advisory services should firms offer?

ThomsonReuters

This trend is picking up pace as traditional accounting firms seek more strategic and meaningful work that goes beyond just tax returns. This differs from traditional compliance work in that tax returns and related activities report on what happened in the past. Are they asking for advice beyond just their tax return ?

article thumbnail

Accounting advisory: What you need to know

ThomsonReuters

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. Instead, they can shift their focus to more value-added activities like providing financial insights and helping clients navigate the complexities of tax law.