Tag Archives: #TaxPro

Q10.41 Bookkeeping accountant job description ?

Bookkeeping accountant job description Website link Bookkeeping accountant job description A bookkeeping accountant, alternatively referred to as a bookkeeper or accounting clerk, assumes a vital position in upholding accurate financial records and verifying the precision of monetary transactions within an organization.. Here is a general job description for a bookkeeping accountant: Financial Record Keeping: Maintain… Read More »

Who can sign a Partnership Return?

Partnership Return Signatories   What Is a Partnership Return? A partnership is a business entity where two or more individuals agree to share the profits, losses, and management of the company. Partnerships don’t directly pay federal income tax. Instead, they file Form 1065 with the IRS to report their financial activities. Afterward, individual partners report… Read More »

When ITR filing will start?

ITR Filing Assessment Income Tax Return (ITR) filing is an annual obligation for taxpayers, and it is crucial to stay informed about the timelines to ensure compliance and avoid penalties. For individuals and businesses alike, understanding when ITR filing starts is essential for effective financial planning and timely submission. Here’s an overview of when you… Read More »

How do I file ITR for business for tax savings?

ITR for business for tax savings   ITR for business,To file your Income Tax Return (ITR) for a business and take advantage of tax savings, you should adhere to the following steps: 1.Maintain accurate books of accounts: It is important to maintain accurate books of accounts and financial statements of your business to calculate the… Read More »