Accounting Today

MAY 23, 2024

The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate.

Auditing 331

Auditing Collections Tax 331

Accounting Today

SEPTEMBER 19, 2022

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Collections 246

Collections Tax 246

Accounting Today

SEPTEMBER 11, 2024

The OZ program allows investors to defer their capital gains from sales of appreciated real estate, stocks, businesses, personal residences, collectibles and even crypto through 2026.

Collections 312

Collections Tax 312

Xero

DECEMBER 4, 2023

When it comes to manual tasks, there are few that are more burdensome than sales tax. Automate your sales tax calculations in Xero Auto sales tax brings advanced sales tax management directly into Xero, helping you automate sales tax calculations, reporting and filing. But we have some great news.

Tax 262

Tax XERO Invoicing Collections 262

Accounting Today

MAY 18, 2022

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Collections 279

Collections Tax 279

Accounting Today

DECEMBER 26, 2024

Private collection agencies have recovered only about $2.4 billion in tax debt payments since April 2017 out of the $64.9 billion assigned to them by the IRS.

Tax 211

Tax Collections 211

Accounting Today

JANUARY 12, 2024

The Internal Revenue Service reported progress Friday on its efforts to increase its audits of large corporations, complex partnerships and high-income individuals, collecting over half a billion dollars from millionaires who didn't pay their taxes.

Collections 347

Collections Auditing Tax 347

Accounting Today

JULY 15, 2024

Wolters Kluwer announced CCH Tagetik Tax Provision & Reporting, a solution offering data collection and group tax provision calculations for multinationals.

Tax 189

Tax Collections Accounting Accounting 189

Accounting Today

SEPTEMBER 26, 2024

Accountants weigh in on which companies have cyber vulnerabilities, states with the highest tax collections per capita and other key metrics.

Auditing 312

Auditing Collections Tax Accounting 312

Accounting Today

AUGUST 22, 2023

The top three types had an average increase in gross collections of 39.86% between 2021 and 2022.

Tax 246

Tax Collections 246

Accounting Today

DECEMBER 23, 2024

The money will help it expand from payments and collections to a broader practice management platform, and to develop a tax solution.

Collections 298

Collections Tax 298

Intuit

MARCH 26, 2023

Taxes can be confusing. Intuit has helped tens of millions of families and small businesses take charge of their finances by helping them understand, prepare, and file their tax returns confidently—millions of them for free. That’s when he decided to try Intuit TurboTax—and found not just tax help, but people who cared.

Tax 246

Tax CPA Collections 246

Accounting Today

DECEMBER 5, 2023

Key justices suggested the tax, which aimed to collect hundreds of billions of dollars on a one-time basis, wasn't fundamentally different from other levies imposed by Congress over the years.

Tax 195

Tax Collections Corporation Tax 195

Accounting Today

SEPTEMBER 19, 2024

Three people shared the award after disclosing an offshore tax-evasion scheme that spanned 15 years, enabling the IRS to collect $263 million from an unidentified individual.

Tax 173

Tax Collections 173

Accounting Today

JULY 12, 2023

The Internal Revenue Service has been sending out erroneous balance due notices demanding taxpayers in federal disaster areas pay up, even though they're supposed to get extra time.

Collections 246

Collections Tax 246

Accounting Today

DECEMBER 4, 2023

The case coming before the court stems from a 2017 tax law provision that aimed to collect hundreds of billions of dollars on earnings accumulated and held overseas by big multinational companies.

Tax 189

Tax Collections 189

Intuit

JANUARY 8, 2025

Having a clear plan of action , along with researching available tax deductions and credits , can significantly aid your path to homeownership and ensure you are making the most financially sound decisions on your journey. This dream can still be a reality for younger generations. Respondents received remuneration.

Budgeting 246

Budgeting Collections Tax 246

Accounting Today

DECEMBER 20, 2023

million taxpayers who weren't sent collection reminder notices during the pandemic. The relief will go to roughly 4.7

Collections 328

Collections Tax 328

Accounting Today

JANUARY 4, 2023

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Collections 147

Collections Tax 147

Accounting Today

NOVEMBER 28, 2023

Deploying 1,400 tax collectors — touted by the government as "paramilitary trained" in order to discourage resistance — is the most aggressive in a long line of controversial steps to nearly double the government's revenue collection to a quarter of gross domestic product by 2030.

Tax 145

Tax Collections 145

Xero

AUGUST 7, 2024

Avalara Avalara helps businesses of all sizes get tax compliance right, no matter where in the world they run their business. Dext Dext provides bookkeeping automation tools that help small businesses and their advisors collect, organize and record financial transactions.

XERO 226

XERO Collections Billing Accounts Payable 226

LedgerDocs

JULY 6, 2023

But collecting and organizing these documents can be a daunting task. The post Bookkeeping Document Checklist: Collect and Organize Your Financial Documents appeared first on LedgerDocs. Accurate record keeping can help you to remain organized, compliant and gain insight into the financial position of your business.

Collections 98

Collections Bookkeeping Petty cash Purchase Order 98

Xero

AUGUST 7, 2023

Whether you’re looking for tools to chase invoice payments, simplify tax compliance, or make job management easier, you’ll find plenty of solutions to help solve those key business challenges. GoCardless GoCardless puts you in control of collecting payments directly from your customers.

XERO 246

XERO Invoicing Bookkeeping Account Bookkeeping 246

Xero

JUNE 16, 2022

However, this can be made easier by collecting payments on-site, rather than after. . It collects feedback and insights on employee sentiment using the Shift Engagement feature, helping small business owners and managers take action to bolster their team’s wellbeing. Are you planning to hire in the new financial year?

XERO 299

XERO Collections Purchase Order Budgeting 299

Xero

NOVEMBER 27, 2022

Innovation in accounting technology has been constant in the last decade, from the mass adoption of cloud accounting, to tax digitalisation with Making Tax Digital (MTD), to Open Banking. Find out why MTD for ITSA is great. This is why we’re hosting a panel titled: MTD for ITSA is great! Yes, we said it!

XERO 278

XERO Bookkeeping Tax Collections 278

Xero

SEPTEMBER 8, 2022

They get some new customers, and collect some bitcoin, and then think nothing further about it. There’s a good chance that the bitcoin received by the cafe will have changed in value, meaning the business may have made a capital gain, and now owes tax on it. This is not just the domain of tax advisers.

XERO 264

XERO Computation Collections Tax 264

Xero

JANUARY 23, 2023

If you’re a VAT-registered business , you may have received a letter or email from HMRC, informing you that the new penalty system for Making Tax Digital (MTD) for VAT is now in place. This will also apply to MTD for Income tax Self Assessment (ITSA). For monthly submissions, taxpayers who collect five points will face a penalty.

XERO 264

XERO Tax Collections Bookkeeping 264

Intuit

MAY 10, 2024

Over the last 30 years, the tax code has more than tripled in size. But, we know that no matter who files your taxes, the tax code is now just too complex. After all, tax refunds are often the biggest check of the year for families. We’ve spent this tax season highlighting some of the ways Congress can help.

Tax 130

Tax Collections Billing 130

Accounting Today

MARCH 26, 2025

Much depends on tax-collection proceeds, with the April 15 filing date fast approaching.

Collections 130

Collections Tax 130

CapActix

DECEMBER 19, 2024

However, it is not as easy and businesses grapple with accurate tax filling. The major factors that increase complexities include the constantly changing tax laws, financial obligations, and tight deadlines. Undoubtedly, it is essential to ensure that taxes are filed correctly and on time for smooth business operations.

Tax 52

Tax Financial Records Auditing Reconciling 52

Gaviti

NOVEMBER 18, 2024

Too Much Time Spent on Manual Repetitive Collection Tasks Many businesses still rely on manual processes to manage their accounts receivable and get things done, even though these tasks can be automated. Although there are tax benefits of writing off bad debt, it still negatively impacts the company’s bottom line. Get a demo today!

Microsoft Excel 98

Microsoft Excel Accounts Receivable Accounts Receivable Account Receivables 98

CapActix

DECEMBER 19, 2024

However, it is not as easy and businesses grapple with accurate tax filling. The major factors that increase complexities include the constantly changing tax laws, financial obligations, and tight deadlines. Undoubtedly, it is essential to ensure that taxes are filed correctly and on time for smooth business operations.

Tax 52

Tax Financial Records Auditing Reconciling 52

Xero

NOVEMBER 23, 2022

Jeff is a chartered professional accountant and has held multiple positions in financial departments, managing tax, treasury, and financial reporting. That used to be a two-week process of collecting hours and modifying data. He was also a CEO for 15 years before joining Aerium Analytics. . From paper to robots.

XERO 246

XERO Revenue Cycle Collections Invoicing 246

Gaviti

MAY 30, 2023

How well your team handles collections determines whether you have the cash to make payroll, pay taxes, and cover other financial obligations. What Is Accounts Receivable Collections Outsourcing? A/R collections outsourcing refers to the practice of hiring another entity to manage your collections activities.

Accounts Receivable 98

Accounts Receivable Accounts Receivable Account Receivables Collections 98

Intuit

SEPTEMBER 18, 2024

Table of Contents What Is a Tax Preparer? What Does a Tax Preparer Do? How to Become a Tax Preparer in California Tax Preparer Training Current Openings for Tax Preparers With the workforce rapidly diversifying in 2024, many people in California are naturally looking for more flexible scheduling in their jobs.

Tax 130

Tax Customer Service CPA Auditing 130

Accounting Today

AUGUST 24, 2023

Google and Meta are facing class action suits after revelations they had been collecting sensitive taxpayer information via online filing sites.

Collections 246

Collections Tax 246

Xero

AUGUST 25, 2024

View tax rates and breakdowns in the invoice creation screen. Streamlined payments experience: We are working to better enable the way payments are collected globally. Making the setup of recurring invoices more flexible with improved scheduling options and payment methods to collect recurring payments.

XERO 264

XERO Invoicing Collections Deposits 264