If you’re just joining us, parts one and two in this series explained why the filing deadline for 1040s for calendar year 2021 was April 18 for most filers. Those who submitted Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return, by that date will
When we first conceived of AccountingWEB Live Summit, we knew we had to put the topics of the sessions front and center. Moreover, we knew the Agenda and subsequent topics needed to not only reflect our everyday commitment to providing practical and useful content to accounting professionals, but we also
“Be a thermostat, not a thermometer.” It’s brilliant advice from Emmanuel Acho, former NFL linebacker, celebrated broadcaster, New York Times best-selling author and current change-champion of diversity, equity, belonging and inclusion (DEBI). The accounting profession needs more thermostats: Leaders who can assess and adjust the temperature of a room and
Generally speaking, the same tax planning principles apply to tax pros as they do to the client, but here are some key things CPAs and EAs should know when working on their taxes. There is planning in connection with itemizing or using standard deductions. The 2022 standard deduction is $12,950
The N.F.L. franchise sent 102 pages of documents rebutting claims made by a former employee that the team failed to properly report ticket revenue and withheld refunds from fans.
AccountingWEB prides itself on our personal relationships with vendors and accounting and finance professionals alike. That’s why, when we were deciding whether to hold a live event, we not only surveyed our readers, but we also asked our industry friends their opinions. We we have fantastic support from many heavy
As an accounting professional, you see some concepts as common sense, and your client might be insulted if you tried to explain them. Here is a news flash: Common sense is not that common. The following concepts are good talking points, newsletter content or even subjects for webinars, podcasts or
Client accounting and advisory services are the clear pathway to exponential growth for today’s firms. As more firms expand their CAS practice, it’s evident cloud technology must play a starring role in the operation along with people and processes. Having the right people, processes and technology in place will provide
With more Americans working wherever they are, you can expect more U.S. expats to struggle to manage their taxes despite all the benefits of working abroad. While these jobs allowed them to work outside the country, it also presented a host of challenges to fulfilling their tax obligations. Americans living
Financial Accounting Standards Board chair Richard Jones has been poring over the feedback the board received from a recent consultation on its future standard-setting agenda to decide on new projects to take on, possibly on cryptocurrency and other intangible assets, while working on earlier standards in areas such as credit