JTC CPAs, a leading accounting firm based in Idaho, is thrilled to announce their recent award-winning recognition as the 2023 best accountant in both Treasure Valley and statewide in Idaho. Winning the 2023 Best CPA for Treasure Valley and Best Statewide Accountant in Idaho awards is a great achievement for JTC CPAs, and it reflects […]
Published April 24, 2023 Introduction Folks, it’s no secret that taxes and accounting practices go hand in hand when it comes to running a successful business. Without a proper understanding of how taxation can impact accounting practices, you’re pretty much throwing your hard-earned money down the drain. The significance of comprehending the impact of taxation […]
The IRS Commissioner has announced three tax filing goals to usher in by 2024. These goals include improved communication, mitigating confusion, and moving closer towards an IRS-backed tax preparation service. Aided by a large increase in annual budget thanks to the Inflation Reduction Act, the IRS is hoping these boosts in budget will help them […]
Introduction Bookkeeping is essential for any business. It helps to track the financial health of the organization, and allows for accurate accounting of income, expenses, and taxes. However, the traditional bookkeeping process can be time consuming and tedious. This is why many businesses are now looking for ways to automate their bookkeeping through bookkeeping automation. […]
I. QuickBooks Desktop vs. QuickBooks Online: Introduction QuickBooks is a well-known software that helps small businesses manage their finances. It offers a range of features and functionalities. Some of these features include invoicing, expense tracking, and payroll processing. Further, these features can help business owners stay on top of their finances. However, there are two […]
It’s that time of year again: tax season. Filing your income tax return can be daunting, especially if it’s your first time. To make navigating the process easier, we’ve compiled a comprehensive guide on free tax filing for your income taxes. I. Free Tax Filing: Introduction Before diving into the more complicated details of filing […]