Remove page year-end-tax-planning
article thumbnail

7 Tax Credits for Business Owners

Viking Mergers

There is still time to take advantage of these tax credits on your 2022 filing. It is tax season, and as small business owners, we know what that means – how can we save some cash without raising red flags with the IRS? Every year, the IRS collects over $4.9 trillion in taxes; in 2021, $419 million came from businesses.

article thumbnail

Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Editor’s Note: For appraisers who run their own practice the year-end time frame is the perfect time to perform a self-assessment of your operations. The new year is right around the corner, which means it’s time for New Year’s resolutions, paperwork filing and holiday vacations. 7 Important Steps to Consider.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Keys to Selling Your Boss on New Tax Compliance Solutions

ThomsonReuters

Sure, your firm’s tax compliance software does its job, but you know that there’s room for significant improvement. Tax season can obviously be a hectic and stressful time, but eliminating time-consuming tasks, and streamlining and automating the tax workflow would be transformative for you and your staff.

article thumbnail

Fiduciary tax 101

ThomsonReuters

Fiduciary tax comes with unique challenge s. As we know, governments collect taxes to fuel economic growth and fund investments in infrastructure, human capital, as well as the provision of services for individuals and businesses. What is fiduciary tax? The beneficiary pays tax on the assets they receive.

article thumbnail

How to successfully offer pro bono accounting services

ThomsonReuters

One reason firms fail to plan is that it’s difficult to decide how much to give away and to whom. Planning ahead for your pro bono budget It’s a great thing if you’re able to be compassionate and generous at your firm by offering pro bono services. But compassion does not need to be accompanied by impulsivity.

article thumbnail

Last Week in Payroll: Keeping Up with Taxes

ThomsonReuters

Keeping Up with Taxes. The legislation levied a direct tax on the American Colonies in an effort to pay off debts and defend new American territories won from the French in the Seven Years’ War. So, why the brief history lesson on American Colony taxes? For payroll, in particular, there are a number of taxes.

article thumbnail

Top Seven Mistakes Business Sellers Make

A Neumann & Associates

The exit plan we provide consists of proven, recommended steps that get deals to close. Sellers should have several years of well-prepared records and legal and accounting documents on hand. Then we issue an enforceable, four-page Non-Disclosure Agreement that will prevent these recipients from disclosing any information to anyone.