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Tech news: Karbon Practice Management evolves into Practice Intelligence

Accounting Today

An API is a type of software bridge that allows two computer systems to directly communicate with each other using a predefined set of definitions and protocols. Any software integration depends on API access to function. Avalara launches APIs for 1099, W-9 solutions Scott McFarlane, chief executive officer of Avalara Inc.,

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Step-by-Step Process for How to File a Business Tax Return Online 

CapActix

Businesses using accounting software like QuickBooks, Xero, or FreshBooks can easily pull these reports. Having accurate records simplifies tax filing and minimizes errors. Equipment and software: Computers, office furniture, and business-related software are all deductible. Even small deductions add up.

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Maximising Input Tax Credits: A Guide for Startups Funded by Startup SG Tech

Counto

Calculate the input tax to reclaim when assets are utilised for both taxable and exempt purposes. Example: If a startup spends S$50,000 on a computer system that is used 80% for business activities, it can claim ITCs on 80% of the GST paid for that acquisition. Easily generate tax invoices.

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Koziel: There's more upside than downside for accountants

Accounting Today

As an example, he cited the long list of technological developments that were all supposed to take accountants jobs, from the desktop calculator and the personal computer, to Excel and blockchain — all of which ended up only helping to make accountants more productive.