Accountant Log
The Journal

Navigating significant tax season changes: essential know-how before filing your return!
Families with qualifying children can receive a tax credit to help offset the costs of raising kids. This change is a result of the Inflation Reduction Act (IRA) passed in 2022. Understanding the Additional Child Tax Credit (ACTC) What is the ACTC? The Additional Child Tax Credit (ACTC) is a tax credit provided by the […]

The Systems Approach to Ship Management : A Smarter Strategy for Small Medium Sized Owners
To navigate these challenges, shipping companies must adopt a proactive and data-driven approach to their business. Understanding the Challenges of Running a Shipping Business Shipping companies face numerous challenges that can impact their bottom line and operational efficiency. Here is a brief overview of their approach and the benefits they offer. The Systems Approach Marasco […]

Here are four tax tips for SME owners in SA
Paying provisional tax ensures businesses have sufficient funds to meet their tax bill when it is due. Instead, they should also verify the accuracy of the provisional tax calculation by checking the company’s financial records and ensuring that all income is accounted for. Understanding the Provisional Tax Charge What is Provisional Tax? Provisional tax is […]

BILL Earnings Highlight Demand for Small Business Automation
BILL is a cloud-based platform that automates and streamlines financial processes, providing real-time visibility and control over financial data. The Problem of SMBs in Digital Financial Services SMBs have traditionally been left behind in the digital financial services space. This is largely due to the complexity and cost of implementing and maintaining digital financial systems. […]

Ai revolutionizing entrepreneurship: 2025 & beyond!
By leveraging AI-powered tools and technologies, companies can automate routine tasks, gain valuable insights, and make data-driven decisions that drive growth and profitability. The Benefits of Artificial Intelligence in Business Artificial intelligence (AI) has revolutionized the way businesses operate, offering a wide range of benefits that can help companies achieve their goals. Some of the […]

Persimmon Homes Wessex appoints new finance director
The New Finance Director Rochelle Theaker has been appointed as the new finance director for a Malmesbury-based business. This appointment is a significant development for the company, and it highlights the importance of having a skilled and experienced finance professional at the helm. Key Responsibilities As the new finance director, Rochelle will be responsible for […]

Personal Financial Planning The Process
The Importance of Financial Literacy Financial literacy is not just about managing money; it’s about understanding the broader economic and social context in which our financial decisions are made. It’s about recognizing the impact of our choices on our financial well-being, as well as the well-being of those around us. It also involves understanding how […]

Professional Services Market to grow by USD 2 07 Trillion 2024 2028 growing focus on digitalizing business processes boosts the market Report on AI driven market evolution
Digitalization fuels the growth of the global professional services market. The Rise of the Global Professional Services Market The global professional services market has experienced significant growth in recent years, driven by the increasing demand for digital transformation and the need for businesses to adapt to a rapidly changing world. As companies strive to stay […]

CT Tax season alert : How to spot scammers posing as tax professionals
Scammers Target Tax Season for Financial Gain. These scammers often use convincing tactics to gain the trust of their victims, but their true intentions are far from legitimate. The Rise of Tax Scams Tax season is a time of year when many individuals and businesses are eager to file their tax returns and receive their […]

MSU accounting students offer free tax help
The Benefits of Free Tax Help The free tax help offered by the accounting students is a win-win situation for both the students and the recipients. For the students, it provides an opportunity to gain practical experience in tax preparation and gain hands-on experience in the field. For the recipients, it offers a valuable service […]

Best Expense Management Software Price Features Guide 25
For 25-50 employees, the Certify Now! plan costs $10 per user, per month. For 51-100 employees, the Certify, the Certify Now! plan costs $8 per user, per month. For 101+ employees, the Certify Now! plan costs $6 per user, per month. For 25 or fewer employees, the Certify Pro plan costs $15 per user, per […]

Tax Season 2025 Is Underway : Enhanced Direct File Comes to More States
Upgrades to Direct File The IRS has made several upgrades to the Direct File program, including: Enhanced security features to protect taxpayer data Improved user interface and navigation Increased support for multiple file types and formats Enhanced reporting and analytics capabilities Integration with other IRS systems and tools These upgrades aim to improve the overall […]