Taxes April 7, 2023
Can’t File Your Taxes Yet? Anyone Can Get an Extension – Here’s How
Anyone can request an automatic six-month extension to file. An extension allows for extra time to gather, prepare and file paperwork with the IRS.
Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (www.CPAPracticeAdvisor.com), drawing on two decades of experience covering the areas of professional accounting, taxation, business productivity and consumer technologies.
Prior to CPA Practice Advisor, O'Bannon was a consultant at firms in San Francisco, Denver and Tulsa, serving clients that included Logitech, Polycom, Hilti, Microsoft, the Stanford Research Institute, the University of Oklahoma's College of Engineering and other technology leaders. He is a U.S. Navy veteran.
Email: isaac.obannon - @ - cpapracticeadvisor.com
Taxes April 7, 2023
Anyone can request an automatic six-month extension to file. An extension allows for extra time to gather, prepare and file paperwork with the IRS.
Firm Management April 7, 2023
The top five reported disruptions include: the global Covid-19 pandemic, employee retention and recruitment, supply chain, technology disruption or failure, and cyber attack.
Taxes April 7, 2023
She also shares hope that with long-term funding and prudent management, there is light at the end of the tunnel for taxpayers and practitioners who have experienced problems.
Taxes April 6, 2023
As the IRS begins implementation of this plan, the agency will work with the public, partners and oversight groups to ensure the transformation work meets the needs of taxpayers and the nation.
Accounting April 5, 2023
“Revenue Procedure 2022-19 provided much needed guidance and relief for S corporations which inadvertently terminate their S election,” said Jon Williamson, Senior Manager – AICPA.
Payroll April 4, 2023
The newly created initiative is meant to educate and empower the public regarding vital aspects of financial literacy.
Firm Management April 4, 2023
Grant Thornton’s latest research reveals it has been slow, increasing only half a percentage point to 32.4% in the past year, and only 13% since the research was first undertaken in 2003.
Payroll April 4, 2023
In 2016, 19.4% of young single women owned a home, compared with 29.6% of young single men — a gap of 10.1 percentage points.
Small Business April 4, 2023
The March report also showed average hourly earnings increased slightly from the previous month to 4.64 percent.
Payroll April 4, 2023
Eighty-one percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.
Accounting April 4, 2023
The independent attestation affirms AuditDashboard’s information security practices, policies, procedures, and operations meet the rigorous System and Organization Controls (SOC) standards ...
Taxes April 3, 2023
This means eligible taxpayers will have until July 31 to file and pay tax returns, as well as to make 2022 contributions to their IRAs and health savings accounts.