Accounting Today

JANUARY 19, 2024

The city cites corporation business tax "deficiencies" for 2017 through 2021 and is also seeking interest and penalties from the failed bank.

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Tax Corporation Tax 195

Xero

JUNE 16, 2022

So, to help small businesses in need of a little respite, we’re excited to announce that Xero’s Emotional Tax Return competition is back for 2022! . By inviting you – small business owners (that’s advisors too) – to submit an Emotional Tax Return claim. Find out more about this year’s Emotional Tax Return competition here.

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XERO Tax Bookkeeping 264

Accounting Today

DECEMBER 13, 2023

Italy's finance police had claimed that the company failed to pay taxes on about €3.7 billion of rental revenue and claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021.

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Tax Auditing Corporation Tax 189

Accounting Today

AUGUST 25, 2023

The proposed regulations offer clarity on reporting rules enacted in 2021 to curb crypto-related tax evasion.

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Tax 246

Accounting Today

AUGUST 28, 2023

The Internal Revenue Service correctly calculated the allowable Recovery Rebate Credit for the vast majority of 2021 tax returns, but some erroneous payments were made, according to a new report.

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Tax 237

Xero

MAY 16, 2022

As a small business owner getting to grips with what’s needed to comply with Making Tax Digital (MTD) for VAT, you’d be forgiven for feeling a little overwhelmed by the number of actions and items you’ve likely never encountered before. From bridging software to HMRC-compliant solutions , you may still be playing catch up.

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Tax Record Keeping XERO Accounting Software 244

Xero

MAY 17, 2022

Tax time will look a little different this year compared to last, with the conclusion of the JobMaker and JobKeeper schemes and business slowly returning to normal. However, most of us will have completed an EOFY using Single Touch Payroll (STP) before, so wrapping up the 2021/22 financial year should be smooth sailing. .

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Payroll General Ledger XERO Reconciling 246

Xero

JULY 20, 2022

In the UK, nearly a quarter (23%) of small businesses experienced more than six months of negative cash flow in 2021, a potential indicator of chronic cash flow stress. The cash flow positions of most small businesses improved throughout 2020 and 2021. But for some, cash flow stress is more severe and ongoing.

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XERO Budgeting Bookkeeping Budgeting Manager 264

Xero

APRIL 20, 2023

Sessions will include: Enhance year end and accounts production with Xero Tax Explore self assessment with Personal Tax Discover Xero Practice Manager, HQ and Tax with Xero Meet our app partners We have a whole host of apps in our Xero App Store that can help you to automate admin, boost efficiency and give you the tools to grow your practice.

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XERO Bookkeeping Tax Accounting 264

Xero

NOVEMBER 3, 2022

Once you’ve caught up on your sleep, it’s arguably the most exciting time of all – that’s right, tax season. . I’m lucky enough to have a background in tax advisory, so I know the warning signs. But others won’t be aware of their tax position, especially those who are unrepresented. Threat landscape.

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Tax XERO Accounting Accounting 262

Intuit

MARCH 14, 2024

When it comes to the complexities of the tax code, women encounter distinct challenges, and here at Intuit, we’re committed to empowering prosperity for every single person—especially the inspiring women who play an integral role in driving our collective success. Yet, many childcare and caregiving expenses are not tax-deductible.

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Tax Collections 162

Xero

JULY 6, 2022

This blog post is written by Logan Ransley, Co-Founder of Landlord Studio – rental accounting and property management software to over 4000+ self-managing landlords (managing 38,000+ properties) to help them stay organized and prepared for the tax season. . year over year by September 2021. Additionally, rents continue to rise.

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Xero

FEBRUARY 15, 2023

Step four: Issue annual earnings certificates An earnings certificate is a summary of an employee’s earnings, tax and deductions over the tax year. Earnings certificates can be issued to employees at the end of each tax year, or at the end of their employment. Instead, change it at the start of the next tax year.

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Payroll XERO Reconciling Tax 246

Xero

NOVEMBER 30, 2022

The old template will still be available if you need to catch up on your 2021 filing. Map different tax rates in Shopify — Global. We’ve updated the Shopify integration by Xero with improved sales tax functionality for businesses in Australia, NZ and the UK. Additional fields in Xero Tax — Australia.

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XERO Payroll Bank Reconciliation Invoicing 246

Xero

JULY 20, 2022

Did you know that in 2021, small and medium-sized businesses in the UK had a combined turnover of £2.3 In fact, research we recently conducted in partnership with Lonergan Research revealed almost half (49%) of UK small business owners surveyed said managing employee processes and compliance was taxing on their mental health.

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XERO Payroll Tax Accounting 279

Xero

OCTOBER 9, 2023

*Please note that while the process remains the same, all references to Xero Tax are applicable to Australia and New Zealand only. One of the most important ways we’re helping you save time and grow your practice is by moving towards a future where Xero Practice Manager (XPM), Xero HQ and Xero Tax will be seamlessly connected.

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XERO Tax Reconciling Accounting 264

Intuit

MAY 8, 2023

Since launching the virtual pilot in January 2021, over 150 small businesses across 4 countries have been adopted, with more than 600 employees across 6 countries completing the program. Through the employee experience, employees gain highly contextual empathy and product knowledge while networking with employees from other business units.

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QuickBooks Data Entry Financial Operations Manager Financial Operations 246

Xero

SEPTEMBER 29, 2022

An upcoming Australian Tax Office (ATO) update to MFA regulations means anyone that accesses an Australian organisation globally needs to re-authenticate their device every 24 hours when logging in to Xero. Throughout 2021, Xero rolled out mandatory MFA for users in all other countries.

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XERO Accounting Accounting Tax 279

Xero

JULY 21, 2022

It will fundamentally change the UK tax landscape, but will ensure small businesses have the tools they need to become more efficient and succeed in the years ahead. It will also integrate with Xero Tax, making it even easier to share documents with clients. Preparing your clients for MTD for ITSA. million businesses across the UK.

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XERO Bookkeeping Invoicing Account Bookkeeping 244

Intuit

AUGUST 1, 2023

Kristen Steffen, a tax expert with TurboTax Live, who works remotely from Apex, North Carolina, has been on the Intuit team since 2021. It’s the route many tax and accounting experts spend years dreaming about, but I discovered that, while it’s a great fit for some people, it wasn’t the right fit for me. It’s worked out great.

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Accounting Accounting Bookkeeping Tax 130

Stephanie Peterson

MARCH 8, 2022

The Standard Tax Deduction Rises in 2022 All taxpayers are eligible to take the standard tax deduction unless they elect to itemize their deductions. Tax brackets are adjusted for inflation each year.

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Tax Virtual Bookkeeping QuickBooks Bookkeeping 52

Intuit

APRIL 4, 2023

I led our QBSE tax time readiness work where we help customers streamline the tax prep process at the end of the year and maximize deductions. It’s a newer product that has only been around since 2021, so it’s been fun getting to work through various innovative ideas and opportunities to grow this product.

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QuickBooks Invoicing Tax 130

Intuit

APRIL 19, 2023

It allows users to experience the fantasy of being an NFL team owner and practice essential financial and business skills with Intuit’s help, including managing payroll, cash flow, taxes, and customer acquisition. Using the TurboTax simulation , Mint toolkit , QuickBooks online resources , and Kahoot!

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QuickBooks Payroll Budgeting Tax 130

Intuit

OCTOBER 19, 2023

While focusing mainly on bookkeeping and payroll, I occasionally helped on the tax side due to a tax class I took in college. Her daughter, who had partial ownership of the company, stepped up to fill the void, but she asked me to help even more with completing our clients’ tax returns. Then something unexpected happened.

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Tax Bookkeeping QuickBooks Payroll 130

Nolan Accounting Center

SEPTEMBER 15, 2023

In November 2021, the IRS announced that audits would increase by 50% in 2021. The auditor is there to ensure you are not making mistakes on your tax returns. In order to ensure that you remain calm, you may want to consider hiring a tax attorney. Most of the time, small business returns are not audited.

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Auditing Tax Accounting Accounting 95

Billah and Associates

JANUARY 27, 2021

Corporate tax deadlines are a little different than personal tax deadlines. For tax purposes, corporations can have year-ends that are not December 31st. Corporate tax return filings are due 6 months after the year-end For eg, a December 31, 2022 year-end would have a June 30, 2023, due date.

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Tax Corporation Tax Financial Statements Bookkeeping 52

AvidXchange

MARCH 17, 2025

McKinsey reports that 82% performed a digital payment in 2022 up from 78% in 2021. Additionally, they ease report generation, tax compliance and auditing. In this piece, well address five trends impacting K-12 schools and share how automating financial operations can help so you can focus on educating your students.

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AP Financial Operations Financial Operations Accounts Payable 52

Billah and Associates

MARCH 16, 2023

Tax credits and tax deductions can help minimize the load on your finances. Every cent you can save on tax is a dollar more you have to spend on necessities. Moving, medical, and child care costs, charitable contributions, as well as certain news subscriptions, can all be used to offset tax payments.

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Tax Corporation Tax Collections Budgeting 52

Intuit

JUNE 23, 2023

Careers in Accounting Work Environment Job Outlook Accounting Certification Interested in Tax or Bookkeeping? As an accountant, your responsibilities may include: Bookkeeping: You may record transactions for companies, helping them keep track of their expenses and income for tax, fundraising, and other purposes.

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Accounting Accounting Bookkeeping QuickBooks 130

Bookkeeping Essentials

DECEMBER 20, 2021

Canadian tax compliance due dates. Notes & references for 2021/2022 tax season deadlines, GST/HST, payroll source deductions, T4 & T4A information returns, WCB.

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Tax Payroll 40

Cloud Accounting Podcast

DECEMBER 22, 2020

Full Transcript Available Upon Request - info@cloudaccountingpodcast.com CAP NEWS EXCLUSIVE: LegalZoom has purchased an accounting firm and is growing it with bookkeeping, tax, and onboarding hires in Austin, Texas. Thank you, JPLisdorf! David and Blake have the details.

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Bookkeeping Tax QuickBooks Accounting 40

Remote Quality Bookkeeping

JUNE 12, 2023

You may think there is nothing to fret about now that the tax season is over. Newsflash: Fraudsters are always plotting ways to trap taxpayers in tax scams. Considering this, the Internal Revenue Service (IRS) compiles a yearly list titled “Dirty Dozens” that brings forward the worst tax scams.

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Tax Bookkeeping Accounting Accounting 52

CapActix

APRIL 13, 2023

Millions of entrepreneurs and CEOs have realized the revenue-maximizing benefits of outsourcing tax preparation to partners in India. We have compiled a list of top tax preparation outsourcing companies in India. Outsourcing your accounting and tax preparation is the right way to maximize your revenue by offloading your burden on us.

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Tax CPA Auditing Financial Analysis 52

Remote Quality Bookkeeping

JUNE 12, 2023

You may think there is nothing to fret about now that the tax season is over. Newsflash: Fraudsters are always plotting ways to trap taxpayers in tax scams. Considering this, the Internal Revenue Service (IRS) compiles a yearly list titled “Dirty Dozens” that brings forward the worst tax scams.

Tax 52

Tax Bookkeeping Accounting Accounting 52

Acton Accounting & Bookkeeping

MARCH 17, 2021

The Canada Revenue Agency says some taxpayers who repaid Covid-19 related benefits in 2020 are getting incorrect tax slips. The CRA’s website notes that people who repaid Canada Emergency Response Benefits before December 31, 2020 should not have to pay tax on those repaid amounts on 2020 tax returns.

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Tax 40

Cloud Accounting Podcast

FEBRUARY 10, 2022

We'll also get into some app news, conference updates, and talk more tax, as we wander through the land of IRS troubles. Payments Valued at $72.6T to verify your identity. 18:58 – Blake responds. 23:38 – ACH Network up to 29.1B Payments Valued at $72.6T to verify your identity. We appreciate you!

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Tax Deposits Billing XERO 40

Blake Oliver

JANUARY 21, 2025

They're doing this in Arizona, which lifted restrictions on non-lawyers owning law firms back in 2021. billion globally from tax and legal services last year (their fastest-growing division). KPMG is set to become the first Big Four accounting firm to practice law in the U.S.

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Tax Accounting Accounting 52