Accounting Today

JANUARY 30, 2024

With the Qualified Business Income tax deduction of 20% set to expire in 2025 (unless it's extended), clients who are starting a business may wonder how their choice of entity will impact their QBI deduction and ultimately their bottom line.

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Fidesic blog

APRIL 4, 2023

New perpetual licensing sales end earlier, in 2025. Tax and other product updates for Dynamics GP, including some features enhancements already planned for 18.6 Starting April 1, 2025 no new sales of GP Perpetual Licenses. Again, no change for existing customers. For existing customers there are no changes.

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Accounting Today

JULY 27, 2023

Legislation to extend the 20% deduction for pass-through businesses beyond its expiration date in 2025 is attracting bipartisan support in the House and Senate.

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Billing Tax 246

Xero

MAY 16, 2022

From pandemic restrictions to Making Tax Digital (MTD), hospitality businesses have had to stay agile and adapt to many changes in the past few years. In this guide, we’ll look at what the government’s Making Tax Digital initiative means for your hospitality business in practical terms. A closer look at MTD for hospitality.

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Xero

APRIL 30, 2024

Ledger — annual tax basics to help prepare and submit annual tax returns for simple non-trading clients Cashbook — bookkeeping essentials for non GST registered clients. We’ll be taking into account your current plan (and any add-ons) as part of this and intend to move all plans by March 2025.

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SMB Accounting and Consulting

MAY 17, 2024

It will also have tax implications and different regulatory compliances the business will have to follow. In a lot of cases, you will need to complete tax registration to obtain an Employer Identification Number (EIN) from the IRS. Establish a system for collecting and remitting sales tax if required.

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Counto

FEBRUARY 8, 2024

Mark Your Calendar: 2024 Tax Deadlines for Singapore Businesses As we step into 2024, it’s good practice to mark your calendar for the year’s compliance deadlines. Goods and Services Tax (GST) Returns: For GST-registered companies, filing and payment are due within one month after the end of each accounting period.

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Counto

FEBRUARY 17, 2024

Called the Enterprise Support Package (ESP), it encompasses three key elements: a corporate income tax rebate, improvements to the Enterprise Financing Scheme (EFS), and an extension of the SkillsFuture Enterprise Credit. Get direct access to a dedicated Customer Success Manager, who’s backed by a team of accountants and tax specialists.

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Budgeting Tax Accounting Accounting 52

Counto

FEBRUARY 17, 2024

Called the Enterprise Support Package (ESP), it encompasses three key elements: a corporate income tax rebate, improvements to the Enterprise Financing Scheme (EFS), and an extension of the SkillsFuture Enterprise Credit. Get direct access to a dedicated Customer Success Manager, who’s backed by a team of accountants and tax specialists.

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Budgeting Tax Accounting Accounting 52

Xero

JANUARY 24, 2024

It can be tricky to keep tabs on the taxes and deductions you owe throughout the year as a small business. However, paying on time means getting peace of mind that you’re meeting your GST payment obligations as a business, and avoiding late penalties that cut into your earnings. Not registered for GST?

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Counto

FEBRUARY 17, 2024

percentage points from 2025 onwards. Closure of Special Accounts (SA): Starting from 2025, CPF members aged 55 and above will no longer have Special Accounts. This measure assists employers by covering half of the rise in employer contributions for 2025, fostering a smoother transition to the updated CPF framework.

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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. We are committed to the goal of better preparing 5 million students for jobs by the year 2025, and to date, we’ve engaged more than 1.9

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accountingfly

MAY 9, 2024

FTE Accountant | Candidate ID # 20581682 Certifications: CPA planned for 2025 Education: BBA Accounting, MS Accounting Experience (years): 2 years public accounting Work experience (detail): 15+ years client facing, sales experience 2 years Staff Accountant in public accounting Manages 35+ accounting and tax clients 6+ years in banking client relationship (..)

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Counto

FEBRUARY 17, 2024

Subsidised Full-Time Diploma Pursuits : Recognising the importance of continuous upskilling, mid-career Singaporeans will receive support to pursue another subsidised full-time diploma at polytechnics, Institute of Technical Education (ITE), and arts institutions starting from the 2025 academic year.

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Counto

FEBRUARY 17, 2024

Subsidised Full-Time Diploma Pursuits : Recognising the importance of continuous upskilling, mid-career Singaporeans will receive support to pursue another subsidised full-time diploma at polytechnics, Institute of Technical Education (ITE), and arts institutions starting from the 2025 academic year.

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Budgeting Corporation Tax Collections Tax 52

Counto

MARCH 19, 2024

Filing Requirements for Private Limited Companies: All You Need to Know As a Singapore business owner, it is important to understand filing requirements for private limited companies to ensure tax compliance. The process includes declaring chargeable income after deducting tax-allowable expenses, capital allowances, and reliefs.

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Corporation Tax Financial Statements Tax Accounts Payable 52

Billah and Associates

FEBRUARY 28, 2024

Tax Implications : Contributing to the Second Additional CPP may affect taxes, including deductions and retirement benefit taxation. Consulting with a tax advisor can provide clarity on the tax implications of participating in the Second Additional CPP.

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Tax 52

Counto

FEBRUARY 17, 2024

Expansion of Wage Ceiling: Additionally, the gross monthly wage ceiling for PWCS co-funding will be raised from S$2,500 to S$3,000 in qualifying years 2025 and 2026. Experience a smarter way to outsource your accounting with confidence.

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Budgeting Tax Accounting Accounting 52

Ontrack Bookkeeping

MAY 18, 2023

The Government announced that Budget 2023 would prioritise addressing the cost of living and aim for a ‘no frills’ budget without unexpected tax changes. Tax & The Economy The trustee tax rate in New Zealand is increasing from 33% to 39% starting April 1, 2024, which may disappoint many with family trusts.

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Cloud Accounting Podcast

JULY 16, 2019

The tech giant has announced a massive effort to retrain a third of its 300,000 employees in the United States by 2025. Amazon, a pioneer in automation, apparently thinks it will still need humans, at least in the near future.

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Accounting Accounting Tax 40

Billing Platform

AUGUST 14, 2023

billion (18% increase) and by 2025 there will be 27 billion IoT devices. While connected devices have been around for decades, the number of Internet of Things (IoT) devices is set to explode. It’s estimated that in 2023 IoT devices will increase to 14.4

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Invoicera

NOVEMBER 16, 2023

By 2025, the subscription economy will reach a market size of $1.5 Compliance Automatic Tax Calculation You do not need to do manual tax calculations; Invoicera automatically calculates taxes based on your and your client’s locations, ensuring accuracy and compliance.

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Xero

MAY 13, 2024

In Xero Payroll, all active and terminated employees (who will be included in the STP finalisation for the financial year) will need an employment type, income type, and tax scale defined in their records. percent on 1 July 2024 for the 2024/2025 financial year. Review your employees’ records to ensure they’re STP compliant.

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IMA's Count Me

NOVEMBER 3, 2021

And one of the things they said is like more than half of the S&P participants are actually looking for, accounting firms that offer a wide range of services around accounting tax and advisory services. There's a lot. Download and listen now!

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Xero

MAY 17, 2022

each year until it reaches 12% in 2025. If your tax advisor has advised you to pay accrued Superannuation Guarantee before June 30, it is recommended you make this payment by Tuesday 14th June 2022, 2pm AEST to ensure that payments are fully processed by the receiving fund, before 30 June.

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Invoicera

FEBRUARY 13, 2024

Payment processing solutions are expected to grow to $120 billion by 2025. Additional Services: Beyond payment processing, Stripe provides services like billing, invoicing, and automated sales tax management. Global tax and financial services: Offers solutions to manage tax on an international scale.

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Nanonets

APRIL 14, 2023

Looking ahead, from 2020 to 2025, the projection indicates that global data creation will grow to more than 180 zettabytes. Banking and Financial Services: IDP solutions can be used to handle various documents, such as checks, account opening forms, maintenance forms, mortgage applications, and KYC and tax forms. zettabytes in 2020.

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Accounting Today

MAY 13, 2024

Whichever candidate wins the White House in November will have to contend with tax negotiations in 2025 with the personal income tax cuts in Trump's 2017 law set to expire unless Congress acts.

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Tax 267

AvidXchange

MAY 7, 2019

billion by 2025, according to Goldman Sachs , evidence that the technology can have significant business benefits for property managers. Next generation CMMS, such as Common Areas, is cloud-based, allowing staff, including maintenance teams, to manage upkeep in real-time, in-office or on-site using a mobile device.

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Accounting Today

JANUARY 26, 2024

Parts of Trump's 2017 tax-cut package will expire in 2025, and Biden would only extend tax breaks for individuals earning less than $400,000 a year.

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AvidXchange

JULY 26, 2022

“It can help boost productivity and economic growth, improve transparency, increase tax revenue, expand financial inclusion, and open new economic opportunities for end users.” billion in 2020 to $154 billion by 2025 – a growth rate of 14.2 The global digital payment market projects to grow from $79.3 percent, the report indicates.

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Future Firm

APRIL 10, 2022

For example, tax planning experts have long been in high demand. But Blue J Legal helps to close this technology gap by providing software powered by artificial intelligence which predicts the outcome of tax plans. The online education market is exploding and is expected to hit $350B globally by 2025. I think so.

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Accounting Today

MARCH 11, 2024

The president's fiscal 2025 budget proposal lays out a second-term vision that would deliver more services, middle-class tax breaks and price controls to voters funded through higher taxes on the wealthy and corporations.

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