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Enrolled Agent vs. CPA: Understanding the Differences

Intuit

Becoming an EA requires in-depth knowledge of: Entity and individual income tax Self employment tax Inheritance, gift, nonprofit, and payroll taxes EAs have to pass a licensing exam, and upon licensing, theyll be recognized as an EA by the federal government. What is a certified public accountant (CPA)? Yes Yes Do they do tax planning?

CPA 130
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Tax Fraud Blotter: Getting personal

Accounting Today

He concealed his financial accounts from the IRS, transferring funds from accounts he owned to accounts in only his spouses name, filing false court documents to terminate federal tax liens against his property and lying to IRS investigators. Leard used funds in her business bank account to purchase approximately $3.5

Tax 147
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Top Remote Accounting Candidates for Hire | February 13, 2025

accountingfly

TAX AND ACCOUNTING CANDIDATES FTE Senior Tax and Accounting | Candidate ID#23814240 Certifications: CPA Education: BA, MA Financial Accounting Experience (years): 15+ years accounting experience Work experience (detail): 3+ in public accounting Accounting, payroll and tax filing with 40+ clients Client advisory, tax planning, financial review Prepares (..)

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Financial accounting basics

Accounting Tools

Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook What are the Basics of Financial Accounting? This article gives an overview of financial accounting basics for the non-accountant. Its orientation is toward recording financial information about a business.

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The Ultimate Guide to CPA Jobs: Everything You Need to Know

Intuit

A Certified Public Accountant is an accounting professional who performs tasks such as auditing books or analyzing financial statements. CPA Jobs and Specializations CPAs have the opportunity to move into different accounting jobs throughout their careers. What Is a CPA?

CPA 130
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Journal entry definition

Accounting Tools

The general ledger is then used to create financial statements for the business. The logic behind a journal entry is to record every business transaction in at least two places (known as double entry accounting ). For example, when you generate a sale for cash, this increases both the revenue account and the cash account.

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Types of accounting

Accounting Tools

Accountants tend to specialize in one of these fields, which leads to the different career tracks noted below. Financial Accounting Those in the financial accounting field are concerned with the aggregation of financial information into external reports.