The U.S. Tax Court found that a non-CPA tax preparation and bookkeeping business is an accounting service and subject to the 35 percent tax applicable to qualified personal service corporations.A Las ...
Experts say startups that neglect accounting risk cash flow issues, tax pitfalls and missed deductions. CPAs outline key ...
Effective tax accounting is a complex and high-stakes function. The accuracy of tax provisions is critical to financial reporting, yet vulnerabilities exist due to the reliance on spreadsheets and the ...
Thomson Tax & Accounting, part of The Thomson Corp., announced the upcoming release of its InSource WorkFlow Manager solution. The Web-based workflow and document management system allows corporate ...
Tax accountants play a crucial role in the preparation and filing of income tax returns for individuals and businesses. With their specialized knowledge and training, they handle intricate tax laws, ...
Corporate leaders are demanding more and more from their tax and accounting partners. Is your firm on top of the latest Internal Revenue Service guidance on Paycheck Protection Program loan ...
Opinions expressed by Entrepreneur contributors are their own. When it’s time to look for a tax accountant, you want one who not only can help save you money and avoid potential trouble with the IRS, ...
Experts warn startups that weak accounting and tax planning can hurt growth. CPAs say understanding cash flow, entity choice and new tax rules is essential.
In an era where the quest for specialized talent intensifies, the spotlight on the distinct roles of tax strategists vs. CPAs has never been more relevant. A recent survey by Thomson Reuters ...
New simplified accounting rules for small businesses do not apply to tax shelters — and the definition of a tax shelter can cause problems for businesses with large deductions or losses during a tax ...