Tiffany Vaughn, CPA

The 2025 Accounting Industry Report is Now Available! As you prepare for the 2025 Tax Season, you will not want to miss this valuable resource brought to you Woodard and Mango. Learn how the most successful accountants and bookkeepers train their clients and prepare for the busiest time of the year. Download Now!

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Attention tax professionals: Are your clients in a state that taxes small business profits at a state level? Let them know you have their back! Share our latest Business Tax Highlight video with your network and invite them to contact you for tax-saving alternatives they may be missing.

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If they’re not anticipated and properly planned for, taxes can have a significant impact on your nest egg over the course of your retirement years. Learn how the IRS treats different types of retirement income for tax purposes. #Taxes

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Turn your professional goals into success stories with the proven strategies of the Main Street Tax Pro Certification. If you’re a tax professional looking to improve your practice, schedule a FREE call with our team to learn how the Main Street Tax Professional certification can help you succeed - https://lnkd.in/esw2XwTC #cpa #advisory #compliance #demo #business #practice #certification #taxes

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Business owners, stressed about an IRS audit? In our latest episode, Jeff breaks down why audits aren’t always a sign of trouble and what steps to take if you get an audit notice. Learn about common triggers, the audit timeline, and how to handle the process effectively. Tune in for essential advice on managing audits with confidence. #TaxInsights #IRS #BusinessAudit

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Do you know what tax and financial obligations to expect when you onboard a new independent contractor or employee? 🧐 Understanding the differences between W-2 employees and 1099 freelancers is essential for avoiding penalties and maximizing financial benefits. Your business finances will be influenced by your decision to onboard freelancers or hire employees due to the tax implications each option carries. LEARN MORE: https://lnkd.in/ezMdkuwr #krscpas #hiring #taxadvice

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This article addresses some of the many benefits of the research and development tax credit.

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Struggling with succession planning? 🤯 Here are 6 ways a tax accountant can assist in developing a comprehensive plan that helps business owners achieve their transition goals while avoiding costly missteps. 🌟 READ ARTICLE: https://lnkd.in/eegnMEXV Sign up for bi-weekly tax tips: https://lnkd.in/dv5Uvay #krscpas #successionplanning #taxtips

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Listen up, artists! 📣 2025 is around the corner, so it’s the perfect time to brush up on all of the knowledge you’ll need to be compliant with taxes and reporting. Join TALA’s resident CPA Lisa Sretenovic for an engaging webinar. Participants will learn how to: - Categorize Tax-Deductible Business Expenses - Prepare for 1099s - Reporting the Beneficial Ownership Information with FinCEN and more! Register below!

Listen up, artists! 📣 2025 is around the corner, so it’s the perfect time to brush up on all of the knowledge you’ll need to be compliant with taxes and reporting. Join TALA’s resident CPA Lisa Sretenovic for an engaging webinar. Participants will learn how to: - Categorize Tax-Deductible Business Expenses - Prepare for 1099s - Reporting the Beneficial Ownership Information with FinCEN and more! Register below!

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Listen up, artists! 📣 2025 is around the corner, so it’s the perfect time to brush up on all of the knowledge you’ll need to be compliant with taxes and reporting. Join TALA’s resident CPA Lisa Sretenovic for an engaging webinar. Participants will learn how to: - Categorize Tax-Deductible Business Expenses - Prepare for 1099s - Reporting the Beneficial Ownership Information with FinCEN and more! Register below!

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📢 Attention Illinois taxpayers! With the recent signing of HB 4951, significant changes are coming to the state's corporate income tax and sales tax laws starting December 31, 2024. Here's what you need to know: 🔹 Extended NOL Deduction Limitation: Net operating loss (NOL) deduction limitation is extended, with the limitation cap raised to $500,000 annually. 🔹 New Apportionment Methodology: Financial organizations will now have a new formula for calculating investment and trading income. 🔹 Sales and Use Tax on Leases: For leases of tangible personal property entered or renewed on or after Jan. 1, 2025, sales and use tax will apply, with certain exemptions. 🔹 Retailers’ Occupation Tax Discount Cap: The 1.75% discount on the Retailers’ Occupation Tax will now be capped at $1,000 per month. Stay informed about these important updates to ensure compliance and optimize your tax strategies. Consult with our SALT team for detailed guidance and potential benefits from these new measures. Discover more here: https://ow.ly/j7EA50SAXO7 #Illinois #SALT #CorporateTax #SalesTax

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Join us for an in-depth webinar on June 4, 2024, to master Roth IRA eligibility, contributions, rollovers, and transfers. 📈 Whether you're a CPA, tax professional, or financial planner, this session will provide you with the essential knowledge to guide your clients or enhance your financial strategy. 🎓 credits: IRS Credits: 2 | NASBA Credits: 2  Course Highlights: - Taxation of Withdrawals: Learn how withdrawals are taxed and the benefits of Roth IRAs. - Early Withdrawals: Understand the rules and penalties associated with early withdrawals. - Order and Required Withdrawals: Discover the order of withdrawals and required minimum distributions. - Pros and Cons: Weigh the advantages and disadvantages of Roth IRAs. - History & Variants: Explore the evolution of Roth IRAs and their variants like Roth 401(k) plans. - Conversions and Rollovers: Navigate the complexities of conversions, rollovers, and recharacterizations. - Distributions After Death: Understand the rules surrounding distributions after the death of the account holder. - Qualified Distributions: Identify what qualifies as a tax-free distribution. Why Attend? - Gain actionable insights from Charles K. Montecino, a seasoned CPA and Certified Tax Resolution Specialist. - Earn valuable CPE credits to enhance your professional credentials. - Equip yourself with the knowledge to provide top-notch financial advice and planning. About the Speaker: Charles K. Montecino, CPA, CGMA, CTRS, is renowned for his expertise in tax resolution. Awarded the Top Practitioner Award by the American Society of Tax Problem Solvers in 2008, Charles is celebrated for his patient and understanding approach to resolving IRS issues. Don’t miss this opportunity to deepen your understanding and expand your professional toolkit! Register now and take the first step towards mastering Roth IRA fundamentals. 🔗 Register Here https://lnkd.in/gAxYtcmk #RetirementPlanning #RothIRA #TaxPlanning #FinancialEducation #CPE #Webinar #Pro2Learn - What questions do you have about Roth IRAs? - How do you currently handle Roth IRA planning with your clients? - Share your experiences and insights with fellow professionals!

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How would you prepare for the biggest sale of your career? 🏆 Selling your accounting firm is monumental. RightExit guides you every step. 🔹 Dedicated community 🔹 Valuation insights 🔹 Pre-deal support Plus, we offer educational courses, expert advisors, and a community of peers to ensure you’re fully prepared. #SuccessionPlanning #RightExit #Education

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Did you file an extension for 2023? If so, there are some important tax deadlines approaching fast. The best way to avoid overpaying taxes is planning ahead. #getmytaxesdone #taxplanning

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Did you file an extension for 2023? If so, there are some important tax deadlines approaching fast. The best way to avoid overpaying taxes is planning ahead. #getmytaxesdone #taxplanning

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