by Rupinder | Jan 22, 2015 | Uncategorized
Attracting and keeping good employees has never been more important for small businesses. One of the key benefits potential employees look for is an affordable health care program. Have you considered whether your business qualifies for the Small Business Health Care...
by Rupinder | Jan 22, 2015 | Uncategorized
By Sandi Smith Leyva, CPA No matter what time of the year it is, it seems like there is never enough time for entrepreneurs to get everything done. Here are three not-so-common ideas on how to make the most of your time. 1. Promote Yourself If you were ever an...
by Rupinder | Jan 22, 2015 | Uncategorized
Article originally published in Main Street Practitioner: September/October 2014By Joseph L. Santoro CPA This is the first in a series of articles intended to provide NSA members with advance information about the AICPA’s proposed Statement on Standards for Accounting...
by Rupinder | Jan 22, 2015 | Uncategorized
By Jeff Stimpson It’s probably one of the most frustrating and time-consuming jobs in tax prep: fixing the mistakes of preparers who mangled a business or individual return before you saw it. Many problems seem to stem from bad communication. “The greatest number of...
by Rupinder | Jan 22, 2015 | Uncategorized
Your client has just dropped off a Schedule K-1 for an S-Corporation! Where do you begin? What questions do you ask, and what do you need to know? As tax professionals, we all have clients that are shareholders in S-Corporations and therefore have flow-through items...
by Rupinder | Jan 22, 2015 | Uncategorized
Accredited Tax Preparers (ATPs) and Accredited Business Accountant/Advisors (ABAs) are exempt from the requirement to take an Annual Federal Tax Refresher (AFTR) course and exam that is part of the new Internal Revenue Service (IRS) voluntary Annual Filing Season...
by Rupinder | Jan 22, 2015 | Uncategorized
How much more efficient would your practice be if you could make technology work better for you and your clients? How much would your practice grow? Just a few years ago, I was overwhelmed with new technology; there weren’t enough hours in the day to learn what...
by Rupinder | Jan 22, 2015 | Uncategorized
The details one must consider when opening a new business can be overwhelming. One important area to understand is your tax obligations. You may need to know not only about income taxes but also about payroll taxes. The IRS has offered the following five basic tax...
by Rupinder | Jan 22, 2015 | Uncategorized
The IRS just introduced a new, shorter application form to help small charities apply for 501(c)(3) tax-exempt status more easily. “This is a common-sense approach that will help reduce lengthy processing delays for small tax-exempt groups and ultimately larger...
by Rupinder | Jan 22, 2015 | Uncategorized
The U.S. Supreme Court ruled unanimously that taxpayers have a right to challenge an Internal Revenue Service summons enforcement proceedings when they can show the tax agency might have issued the summons in bad faith. United States v. Clarke arose from the case of...
