Jetpack Workflow

FEBRUARY 5, 2025

Michael’s career began in the traditional landscape of public accounting, where he honed his skills in tax and audit services. The Catalyst for Change Michael’s journey began during the pandemic in 2021, after a decade in public accounting.

CPA 59

CPA Auditing Accounting Accounting 59

Cloud Accounting Podcast

JANUARY 2, 2025

They also examine concerns about IRS Commissioner nominee Billy Long's credentials, including his "Certified Tax and Business Advisor" designation from a three-day seminar. Rounding out 2024, Blake and David tackle tons of accounting news, including bookkeeping startup Bench's shutdown and the ongoing BOI reporting requirements saga.

CPA 53

CPA Deposits Accounting Accounting 53

Jetpack Workflow

JULY 17, 2025

Notable examples include: Jackie Meyer : Formerly a firm owner, she now focuses on tax planning at Q. By the time they raised their seed round in May 2021, they had around 100 customers, demonstrating that scaling a software product in the accounting space is not an overnight success story.

CPA 52

CPA General Ledger Accounting Software Accounting 52

Accounting Today

JULY 10, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email Underhanded underground; down on the farm; reality check; and other highlights of recent tax cases. Augusta, Georgia: Two ghost preparers have pleaded guilty to a tax scheme. All rights reserved. By Jeff Stimpson July 10, 2025, 6:14 p.m.

Tax 189

Tax Payroll Corporation Tax Auditing 189

Accounting Today

JUNE 23, 2025

I had worked my butt off for a year and I got an $800 raise, which if you do the math after taxes, its like $50 a week. We did tax returns by hand. All rights reserved. And I said, this kind of environment is not for me. (02:49): 02:49): If Im going to work hard, I want to see the fruits of my labor.

Auditing 237

Auditing Tax Accounting Accounting 237

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.

AP 52

AP Financial Operations Financial Operations Accounts Payable 52

Accounting Today

JUNE 25, 2025

It offers assurance and attestation, consulting, tax compliance and advisory, valuation and forensic accounting. In 2021, it added Liberty Technology Advisors. All rights reserved. Maggart & Associates dates back to 1978 and specializes in serving financial institution clients. RubinBrown ranked No.

Corporation Tax 147

Corporation Tax Auditing XERO Accounting Software 147

Accounting Today

JULY 11, 2025

GEORGIA Shelly Carmichael Smith + Howard, Atlanta, launched two new tax practices: site selection + incentives, led by Shelly Carmichael, and state and local income tax consulting, led by Brandee Tilman. Brown Plus, Camp Hill, promoted: Amanda Moats to audit manager; and Trinity Benedict and Megan Duffy to tax senior associates.

Corporation Tax 182

Corporation Tax Auditing Accounting Software Tax 182

Accounting Today

MARCH 14, 2025

The median unclaimed tax refund from 2021 is $781, but it has to be claimed by April 15.

Tax 282

Tax 282

Accounting Today

OCTOBER 12, 2023

The service updated its tax-gap projections for tax years 2020 and 2021, predicting a big jump from prior estimates.

Tax 306

Tax 306

Accounting Today

OCTOBER 2, 2023

Eleven states have created or expanded a fully refundable child tax credit following the expiration at the end of 2021 of the federal measure, which enabled families to get as much as $3,600 per child.

Tax 317

Tax 317

Accounting Today

SEPTEMBER 20, 2023

The top three states had an average change percentage of 215.76% between 2021 and 2022.

Collections 306

Collections Tax Corporation Tax 306

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

JANUARY 30, 2024

The city's department of finance audited Signature after the bank shuttered in March and found tax deficiencies for years 2015 through 2021 related to unreported income allocation and adjustments to investment and capital income.

Tax 211

Tax Auditing 211

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.

Tax 195

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.

XERO 264

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.

Tax 189

Tax Auditing Corporation Tax 189

Accounting Today

MAY 28, 2024

About 140 countries signed on to the outline of a groundbreaking pact in 2021 to reform the way large multinational companies are taxed.

Tax 189

Tax 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.

Tax 246

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.

Tax 237

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.

Tax 245

Tax Record Keeping XERO Accounting Software 245

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. .

Payroll 246

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.

XERO 264

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.

XERO 264

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.

Tax 263

Tax XERO Accounting Accounting 263

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.

Tax 162

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.

XERO 246

XERO Collections Bookkeeping Accounting Software 246

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.

Payroll 246

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.

XERO 247

XERO Payroll Bank Reconciliation Invoicing 247

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.

XERO 279

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.

XERO 264

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.

QuickBooks 247

QuickBooks Data Entry Financial Operations Manager Financial Operations 247

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.

XERO 279

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.

XERO 245

XERO Bookkeeping Invoicing Account Bookkeeping 245

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.

Accounting 130

Accounting Accounting Bookkeeping Tax 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.

Auditing 101

Auditing Tax Accounting Accounting 101

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.

QuickBooks 130

QuickBooks Invoicing Tax 130