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taxation
- February 22, 2024
6 Challenges that CPA Firms Should Brace for in 2024
As 2024 dawns, CPA firms are bracing for a spectrum of challenges. These challenges will surely test their resilience, adaptability, and strategic prowess. The market is in flux amidst...
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taxation
- February 19, 2024
Is Your CPA Firm Struggling with Rising Tax Prep Costs? Here’s the Solution!
With tax preparation fees on the rise, CPA firms face the dual challenge of managing escalating costs while maintaining client satisfaction. This uptick in fees is driven by several...
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taxation
- February 12, 2024
Form 1099 for Realtors: What You Should Know?
The tax season is here, and it can give some jitters to taxpayers, especially real estate professionals! Just like all taxpayers, they must adhere to their reporting duties. At...
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taxation
- February 2, 2024
Maximizing Tax Efficiency with Employee Benefits: A Comprehensive Guide
As a business owner, you’re constantly seeking ways to optimize your company’s financial health. One often overlooked strategy is the effective use of employee benefits. Using employee benefits to...
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taxation
- January 27, 2024
Tax Considerations for E-commerce Businesses: Sales Tax, Nexus, and More
Welcome to the often-overlooked world of e-commerce sales tax – an area that most new businesses hate to talk about! But as you are operating an online store, you’ve...
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taxation
- January 27, 2024
Foreign-Derived Intangible Income (FDII) Deduction: A Global Perspective
Foreign-Derived Intangible Income (FDII) is a U.S. tax provision designed to encourage domestic corporations to maintain and utilize their intellectual property within the United States. Enacted as part of...
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taxation
- January 25, 2024
R&D Tax Credits: Unlocking Innovation and Tax Savings
What if we told you that your company’s next big innovation could set you apart in the market and significantly reduce your tax bill? Well, it’s a reality made...
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taxation
- January 20, 2024
Tax Strategies for Small Businesses: Navigating the Terrain
For small business owners, minimizing tax liability is key to their financial health. This involves not just understanding current profits and losses but also anticipating future changes in tax...
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taxation
- January 19, 2024
The Ins and Outs of Tax Code Section 199A Deduction
Introduced in 2017 under the Tax Cuts and Jobs Act, the Section 199A deduction offers a significant tax break to pass-through entities. So, if you are a pass-through entity,...
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taxation
- January 17, 2024
Economic Nexus and Sales Tax: What Every Business Should Know?
The economic nexus is a tax collection criterion that significantly expanded the scope of sales tax obligations for businesses. Traditionally, a business needed to have a physical presence, like...
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