MiklosCPA

#taxtidbit - Senior or disabled #taxpayers may qualify for an #incometax credit! Learn how this #taxcredit benefits people with fixed incomes - http://bit.ly/2KMVyWL #urCPA #taxseason

#taxtidbit - People who may not normally need to file a #taxreturn should consider filing anyway. They may qualify for the #EITC and other #taxcredits but not know it. Via IRS Tax Tips - https://bit.ly/3tM9cOe #urCPA #taxseason

Keeping employees is a hot topic in the midst of the #GreatResignation, but could the secret be getting accurate feedback from clients & building upon it? Interesting article to ponder from Journal of Accountancy- https://bit.ly/33RmNsr #urCPA #Accountants #CPAs #Smallbusiness

The IRS will begin accepting #taxreturns today. Few #taxpros will say that 2021 wasn't a complicated year, but the past year also reminded me of the constant resilience & creativity of #CPAs & fellow #Accountants. I wish you all a happy & productive #taxseason! #urCPA #taxtwitter

Something new to note this year for any #CPAs working with clients who primarily use venmo or other payment apps for their business: a new provision in the American Rescue Plan Act requires reporting to the IRS payment app business transactions totaling $600 or more. Via CPA Practice Advisor - https://bit.ly/3trtUmb #urCPA #taxseason

Another productive #CalCPACouncil meeting in the books! Excited to be part of what CalCPA has planned for its members & the organization this year. #AccountingIsAwesome #Accountsants #CPAs #CPE #GetInvolved #outreach #futureCPAs

#smallbusiness may claim a #taxcredit when starting a qualified retirement plan for their employees. Learn about the Retirement Plan Startup Cost Tax Credit - https://bit.ly/3qxfPQS #urCPA #taxseason #savingsplan

Contributions to a #401k, #IRA, & other savings account may also help you in the form of a personal #taxcredit! Learn about the Saver's Tax Credit - https://bit.ly/3btFMax #urCPA #incometax #retirementsavings

Grateful for the opportunity to join in the discussion with fellow #CPAs at PASCPA - Los Angeles' CPE seminar! Always glad to #Getinvolved with other #LosAngeles CPAs. #urCPA #AccountingIsAwesome #taxseason

Statutory #Employees hold a unique status between #independent contractors and standard employees, which allow #smallbusiness owners & individuals some #incometax perks - https://bit.ly/2XGqbmK #urCPA #SmallBiz

#CalCPA State Committee applications are open through Jan 28th! Good opportunity for #CPAs to get involved in their professional communities. Also check out information on the upcoming CPA week and other news in the latest CalCPA Buzz - https://bit.ly/3F49JwT #urCPA #AccountingIsAwesome #Accountants #Taxpros #taxtwitter

New Year also means some new rules (and some expired provisions) surrounding federal taxes. Check out some of the changes for the upcoming #taxseason. Via Journal of Accountancy - https://bit.ly/32UIQyk #urCPA #CPAs #Accountants

#incometax may get complicated, but just imagine having to do it again but with additional rules? Certain high-income taxpayers are required to do so under Alternative Minimum Tax rules. Learn more about this unique #taxtidbit - https://bit.ly/3tSQsJu #urCPA #AccountingIsAwesome #AMT

#NewYear2022 means #taxseason is around the corner! Recipients of the Advance Child #TaxCredit & 3rd Economic Impact Payment should hold on to a letter from the IRS that will be needed when filing a #taxreturn! Via IRS Tax Tips - https://bit.ly/3FHY8o9 #urCPA #taxtidbit

Honored to work with Marty Shea, Founder & Principal - Executive Coach instructing emerging business leaders through the U.S. Small Business Administration's Emerging Leaders Initiative. By analyzing financial statements, owners can make proper business decisions & discover that #AccountingIsAwesome! #urCPA #smallbusiness #smallbiz #zoommeetings

This latest CalCPA Buzz invites readers to share what new technologies #CPAs have effectively utilized during the pandemic, AICPA updates on accounting & auditing of digital assets, & the Financial Accounting Foundation (FAF)'s annual report - https://bit.ly/3vZlgtC #urCPA

The Child Tax Credit provides a tax credit to working families valued up to $2,000 (2020) per qualified child. What defines a qualified child? Learn more - https://bit.ly/32xBbSO #urCPA #taxrelief #incometax

Among the more unique #taxdeductions, gambling losses may be claimed as an #itemized #deduction, up to the amount of your winnings for federal income tax. What other itemized deductions are still usable after #TCJA? - http://bit.ly/2v4N4lu #urCPA

#taxseason may be in the rear-view mirror, but loose-ends may show up needing to get resolved. Check out some tips for common "after-tax day" issues from IRS Tax Tips - https://bit.ly/3wE6ybm #urCPA