Accounting Today

DECEMBER 15, 2023

The Treasury is providing additional guidance on the corporate alternative minimum tax for billion-dollar companies.

Tax 252

Tax Corporation Tax 252

Accounting Today

OCTOBER 23, 2023

The 15% global minimum tax on corporate profits is likely to generate only a fraction of the tax revenue expected, according to a new report.

Tax 183

Tax Corporation Tax 183

Accounting Today

OCTOBER 12, 2023

The dispute centers on a 2012 IRS audit into transfer pricing, a method used by companies to shift profits to tax havens and avoid the U.S. corporate tax rate.

Corporation Tax 193

Corporation Tax Tax Auditing 193

Accounting Today

JANUARY 13, 2023

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Tax 221

Tax Corporation Tax 221

Accounting Today

OCTOBER 9, 2023

Along with the possible requirement to file paperwork for establishing the corporation in the new state, there may be changes in tax responsibilities.

Tax 183

Tax Corporation Tax 183

Accounting Today

SEPTEMBER 6, 2023

So far, crypto hasn't moved the needle for the state's treasury, which is already restricted by the absence of corporate income tax.

Tax 164

Tax Corporation Tax 164

Xero

MARCH 16, 2023

That’s why we have prepared some resources to guide you through a frictionless payroll year end, and be ready for the start of the 2023/24 tax year. Preparing your final pay run Before you reach your final pay run for this tax year, there are a few important tasks needed to get you there.

Payroll 207

Payroll XERO Tax Reconciling 207

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. Avalara Avalara helps businesses of all sizes get tax compliance right.

XERO 231

XERO Bookkeeping Invoicing Account Bookkeeping 231

Intuit

APRIL 5, 2023

While basic skills such as budgeting, investing, and understanding taxes help to promote financial independence, unfortunately, financial literacy isn’t equally accessible to all. Additionally, Intuit is a founding corporate partner of the Congressional Award Foundation’s (CAF) Diversity & Inclusion Initiative.

QuickBooks 246

QuickBooks Budgeting Tax Accounting Software 246

Intuit

NOVEMBER 20, 2023

Table of Contents Weekend Jobs in Accounting 5 Accounting and Tax Jobs to Boosts Your Weekend Income What's the Life of a Remote Accountant Like? How about doing some taxes and bookkeeping to boost your income? TurboTax Live Tax Associate Jobs $19.90 – $28.00/hr How Do I Get an Accounting Job Without Experience?

Tax 130

Tax Accounting Accounting QuickBooks 130

Intuit

AUGUST 30, 2023

Understanding the Average Cost of Tax Preparation for Small Businesses Understandably, small business owners want to know the average cost of their tax preparation. The cost of tax preparation depends on multiple factors, and many are hard to predict in advance. The truth, however, is that it varies.

Tax 130

Tax Accounting Accounting CPA 130

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.

Accounting 130

Accounting Accounting Bookkeeping QuickBooks 130

Accounting Tools

SEPTEMBER 6, 2023

Related Courses C Corporation Tax Guide S Corporation Tax Guide Types of Business Entities What are the Advantages of a Corporation? A corporation is a legal entity, organized under state laws, whose investors purchase shares of stock as evidence of ownership in it. Excessive tax filings.

Corporation Tax 75

Corporation Tax Tax 75

5 Minute Bookkeeping

JUNE 12, 2023

Today I’ll help explain the different tax forms and compensation methods for each type of legal entity , including Sole Proprietorships, LLCs, S Corporations, Partnerships, and C Corporations. In the US, it’s very important for you to know how the company is set up for tax purposes.

Bookkeeping 52

Bookkeeping Virtual Bookkeeping Payroll Tax 52

Accounting Tools

OCTOBER 21, 2023

Related Courses Fraud Examination Fraud Schemes How to Audit for Fraud There are a number of ways in which a corporation can commit fraud. Corporate fraud can encompass the loss of assets by the business, acts perpetrated by the corporation to take funds from others, or the falsification of its reported results and financial position.

Financial Statements 75

Financial Statements Expense Reports Tax Payroll 75

LedgerDocs

MARCH 23, 2023

As a bookkeeper or accountant for a Canadian business, it is important to stay on top of the tax-related documents that need to be prepared for to ensure compliance with Canada’s taxation laws. So, what documents should bookkeepers or accountants of Canadian business owners be aware of to collect during tax season?

Collections 71

Collections Bookkeeping Tax Financial Statements 71

Accounting Tools

JULY 24, 2023

This is typically done in order to avoid paying income taxes on cash receipts or use taxes or payroll taxes on payments made. Related Articles Examples of Corporate Fraud Sham Sale Skimming Tax Fraud Related Articles Examples of Corporate Fraud Sham Sale Skimming Tax Fraud

Payroll 75

Payroll Auditing Tax Accounting 75

Accounting Tools

NOVEMBER 3, 2023

Related Courses Accounting for Income Taxes Small Business Tax Guide What is a Deferred Tax Asset Valuation Allowance? A deferred tax asset is a tax reduction whose recognition is delayed due to deductible temporary differences and carryforwards.

Tax 75

Tax Accounting Accounting 75

Intuit

JUNE 28, 2023

I began using Credit Karma to keep track of my expenses and later TurboTax to file my taxes to complete my FASFA. I was the first person in my family to work in a corporate environment which provided me with an amazing professional network. My socioeconomic background led me to work multiple jobs in college to pay my tuition.

Tax 215

Tax 215

Accounting Tools

APRIL 21, 2023

Related Courses Small Business Tax Guide What is a Depreciation Tax Shield? A depreciation tax shield is a tax reduction technique under which depreciation expense is subtracted from taxable income. The tax shield concept may not apply in some government jurisdictions where depreciation is not allowed as a tax deduction.

Tax 75

Tax Financial Statements Accounting Accounting 75

Nolan Accounting Center

AUGUST 15, 2023

Due to the size and demands of the company, larger corporations have separate departments to handle processes including inventory management, bookkeeping, budgeting, payroll, and more. Is it different for a corporation versus a small business? There are some differences between payroll for a corporation versus for a small business.

Payroll 87

Payroll Deposits Small Business Accounting Budgeting 87

LedgerDocs

APRIL 6, 2023

Tax planning can sometimes feel like an overwhelming task, especially for small business owners, who have their hands full as is. However, effective tax planning is critical. It can save you a significant amount of money, help you avoid tax penalties, and keep you compliant with the law.

Tax 52

Tax Corporation Tax Record Keeping Bookkeeping 52

Enterprise Recovery

JANUARY 6, 2023

The long hours, especially during tax season, are turning off young recruits. Enterprise corporations are offering college credits and higher pay to entice more people into the field. The Wall Street Journal is reporting that the number of accountants and university students that are studying accounting is falling.

Accounting 83

Accounting Accounting Tax Accounts Receivable 83

Remote Quality Bookkeeping

APRIL 3, 2023

Although many of the tax breaks that the government established at the beginning of the COVID-19 pandemic have expired by now, the IRS has been looking for ways they can help relieve some of the financial stress Americans face. Are you aware of these recent IRS changes and how they may affect the amount of taxes you pay in 2023?

Tax 52

Tax Corporation Tax Bookkeeping Small Business Accounting 52

Intuit

MARCH 21, 2023

He credits his wife, a CPA and director of tax at a large corporation, with helping the business succeed. Using Intuit QuickBooks , she helps him stay organized and handles the financials and taxes. “It’s just two flat planes meeting at an acute apex. That’s it in its simplest form.” I’m definitely the hands.”

CPA 173

CPA QuickBooks Tax 173

SMB Accounting and Consulting

MARCH 24, 2023

By doing so, you will be able to confirm the vendors mailing information and EIN (Employer Identification Number) which is needed for 1099-NEC tax filings. If a business owner cannot obtain or verify a vendors EIN (to confirm 1099-NEC requirements) they are not prohibited from doing business with that vendor by any tax law.

Tax 94

Tax 94

Accounting Tools

JULY 25, 2023

Related Courses Sales and Use Tax Accounting Overview of Sales Taxes Customers must be charged a sales tax on some sales transactions if the seller has nexus in the territory of the government entity that charges the tax. Having nexus can result in multiple overlapping sales taxes.

Tax 74

Tax Accounting Accounting Accounts Receivable 74

SMB Accounting and Consulting

MARCH 8, 2023

One type of accounting that is well-known is tax accounting. According to Investopedia, tax accounting is “a structure of accounting methods focused on taxes rather than the appearance of public financial statements”. Tax accounting applies to individuals, businesses, and corporations.

Tax 52

Tax Corporation Tax Accounting Accounting 52

Counto

JANUARY 19, 2023

Singapore has gained a reputation as a premier destination for business due to its strong economy and generous tax incentives. IRAS is the government agency in Singapore that is responsible for the regulation of enterprise disbursement schemes and the administration of taxes. ACRA vs IRAS: What Is the Difference Between Them?

Tax 52

Tax Corporation Tax Financial Reporting Collections 52

Counto

JANUARY 19, 2023

Singapore has gained a reputation as a premier destination for business due to its strong economy and generous tax incentives. IRAS is the government agency in Singapore that is responsible for the regulation of enterprise disbursement schemes and the administration of taxes. ACRA vs IRAS: What Is the Difference Between Them?

Tax 52

Tax Corporation Tax Financial Reporting Collections 52

Accounting Tools

APRIL 22, 2023

Related Courses S Corporation Tax Guide Types of Business Entities What is a Subchapter S Corporation? A Subchapter S corporation is a form of corporate organization under which the obligation to pay income taxes is passed through to the shareholders of the organization.

Corporation Tax 40

Corporation Tax Tax Financial Reporting 40

Accounting Tools

JULY 14, 2023

The tax accountant position is accountable for the collection of tax-related information, reporting to taxation authorities at the federal, state, county, and local levels in a timely manner, and advising management on the tax impact of various corporate strategies. Must be detail oriented.

Tax 40

Tax Accounting Accounting Corporation Tax 40

Bookkeeping Express

NOVEMBER 29, 2023

Follow our five-step plan to regain financial clarity and maximize your tax advantages. These key figures provide insights into potential shifts in your tax liabilities and aid in adjusting tax payments accordingly. Understanding these alterations is crucial for optimizing tax advantages. Preparing for tax season?

General Ledger 59

General Ledger Outsourced Bookkeeping Bookkeeping Services Corporation Tax 59

Cloud Accounting Podcast

JULY 11, 2023

The Accounting Podcast (formerly the Cloud Accounting Podcast) is the world's #1 accounting, bookkeeping, and tax podcast! Join us weekly for a roundup of accounting news, analysis, and interviews. Plus, earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at earmarkcpe.com.

CPA 52

CPA Auditing Tax Account Bookkeeping 52

Accounting Tools

SEPTEMBER 1, 2023

Related Courses Partnership Tax Guide Small Business Tax Guide What is Estimated Tax? Estimated tax is a method used by taxpayers to remit taxes to the government on income that is not subject to withholding by a third party. Estimated tax is paid on a quarterly basis, preferably in four equal amounts.

Tax 40

Tax Billing 40

Accounting Tools

MARCH 24, 2023

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is an Original Issue Discount? In addition, the investor may pay taxes on the actual interest income received, and on any realized appreciation in the market price of the underlying bond.

Corporate Finance 75

Corporate Finance Tax Accounting Accounting 75

Accounting Tools

JULY 23, 2023

Related Courses C Corporation Tax Guide S Corporation Tax Guide What are the Characteristics of Corporations? Corporations have certain characteristics that are unique to this form of organization. Dividends A corporation pays its investors by issuing dividends to them.

Corporation Tax 40

Corporation Tax Tax 40