CPA Worries Clients’ Data Disclosure In Offshoring Tax Services: Should They Worry?
When a tax return preparation may reveal or utilize a taxpayer’s tax return data without first getting the taxpayer’s authorization, IRC section 7216 and its accompanying regulations apply. Because violating…
Top 13 Accounting Trends 2023 To Keep An Eye On
Introduction Accounting practices have changed over time with new technologies, evolving customer demands, and business needs. It is now much more than just bookkeeping and ledgers. Accounting firms are embracing…
Top 10 Benefits of Outsourced CFO Service to Increase Profits
A CFO or Chief Financial Officer is designated as a senior finance manager in a company to monitor and manage all financial activities. He is also responsible for financial planning,…
Basics of Real Estate Accounting and Its Importance
Real estate is an eminent business domain, and like every other business, accounting plays a huge role here. Accounting is often referred to as the backbone of an organization as…
2023: Why you should consider Outsourcing Payroll Processing
Payroll processing is a time-consuming process. Although the time taken to finish payroll processing depends on the size of the organization. The number of employees impacts the time taken to…
Tax Preparation Outsourcing Service : All Your Questions Answered
Overview Tax preparation outsourcing service is a professional service that provides businesses with help in preparing their taxes. You can avail of such services through an outside contractor which can…
How to cope with the high volume of tax returns effectively in 2023?
As the era of paper-filed tax returns is coming to an end, taxpayers and tax professionals have started filing taxes electronically more now than ever. As estimated by the IRS,…
Virtual CFO vs In-house CFO: Complete comparison 2023
The role of a Chief Financial Officer (CFO) is crucial in any organization. He not only makes important financial decisions, but he also takes care of critical aspects and jobs…
Questions to Ask a Payroll Specialist before Outsourcing Payroll Services
There are multiple companies that offer outsourcing payroll services to global clients. However, all outsourced service providers might not be the right partner for you. Even if you have multiple options to outsource…
10 Benefits of Outsourced Audit Support Service for CPA Firms
Audit services are a key aspect of any CPA firm. By providing audit services to clients, you are offering value and mitigating risks for them. But, in many cases, CPA…