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Mississippi, Texas storm victims get tax relief

Accounting Today

It also applies to 2024 contributions to IRAs and health savings accounts for eligible taxpayers and to estimated tax payments normally due on April 15, June 16 and Sept. Penalties on payroll and excise tax deposits due on or after March 14 and before April 10 in Mississippi will be abated as long as the tax deposits were made by April 10.

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Tax Fraud Blotter: Negative waves

Accounting Today

million in checks payable to his chiropractic practice at a check cashing business rather than depositing them into the practices bank account; he also deposited checks and e-payments into his personal bank accounts. All rights reserved. In 2018, 2019 and 2020, Lee cashed more than $1.4

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Tech News: Prager Metis teams with Kearns Technology

Accounting Today

All rights reserved. and EU, with Canadian support on the way Foxit releases AI-Powered Research Agent Alexandr Vasilyev - stock.adobe.

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Why are Companies Required to Perform Payroll Withholding?

Billah and Associates

Retain The Tax After calculating the payroll tax, save the withheld payroll taxes until it’s time to deposit them with the IRS, your state, and your area. You have a few alternatives when it comes to payroll tax withholding. To handle withheld payroll taxes, use a payroll service.

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Managing Finances and Accounting in Singapore’s Beauty and Spa Industry

Counto

Implement a Deposit System For Larger Services: Introduce a deposit requirement for high-value services or group bookings. Manage No-Shows: Deposits help reduce financial losses from cancellations or no-shows. Reduce Risk: Advance payments mitigate financial risks associated with cancellations and no-shows.

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After 'successful' season, new IRS problems loom: TAS

Accounting Today

The service received nearly 141 million individual income tax returns and processed about 138 million this tax season, according to the National Taxpayer Service "Objectives Report to Congress" for Fiscal 2026. Refunds averaged $2,942; slightly more than 81 million refunds were issued via direct deposit. All rights reserved.

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Bank Feed Integration in Accounting: Why it Matters for Small Businesses

Counto

Bank feed integration allows your bank transactions deposits, payments, transfers to sync directly into your accounting platform. Heres why bank feed integration matters, and how it can improve your day-to-day operations. What is Bank Feed Integration? This happens daily, automatically, removing the need for manual uploads or data entry.