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Client Accounting Services: A Guide for CPAs

Harness Wealth

Within the accounting profession, Client Accounting Services (CAS) has emerged as a pivotal offering for entrepreneurial CPAs wishing to help their clients with more than just annual tax filings. Table of Contents What are Client Accounting Services (CAS)? What are Client Accounting Services (CAS)?

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Understanding Limited Partnership (LP) Taxes: An Overview

Harness Wealth

Whether you are contemplating forming an LP or already operate one, gaining clarity on tax matters can optimize your financial outcomes and ensure compliance with state and federal regulations. Understanding these requirements is essential to maintain compliance and optimize tax outcomes.

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Accounting Advisory Services: A Comprehensive Guide for CPAs

Harness Wealth

Key Takeaways: Accounting advisory services extend beyond traditional tax preparation to offer strategic financial guidance. Specialized areas can include estate planning and tax-efficient investment strategies. Table of Contents What Are Accounting Advisory Services?

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All the Tax Benefits You Need for Your Small Business

Harness Wealth

As Gio Bartolotta, Partner at GoJo Accountants , explains “ordinary” means the expense must be common and accepted within your trade or business, while “necessary” indicates it should help or be appropriate for running operationsnot necessarily indispensable.

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Tax Savings Tips for Startups

Harness Wealth

million in total purchases, enables strategic planning of major technology investments. Separating personal and business expenses Opening dedicated business bank accounts and credit cards represents a fundamental step in establishing clear financial boundaries for tech startups. Ready to optimize your tax strategy?

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12 Best Paying Jobs in Finance in 2023

Good Financial Cents

They may work in various industries, such as investment firms, accounting firms, banks, or the government. Chief Compliance Officer. A chief compliance officer ensures financial institutions adhere to all applicable laws and regulations. In short, they are financial planning counselors who help people protect their assets.

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Talent Acquisition in the Tax Industry: Addressing the Ongoing Shortage

Harness Wealth

The numbers paint a stark picture, with approximately 340,000 fewer accountants working today compared to just five years ago (Bloomberg). Demographic shifts and retirement The accounting profession, particularly the CPA segment, is experiencing a major demographic change.

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