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While mainly students are aware that accountants frequently assist their clients with tax returns and other tax issues, few are aware of the large number of diverse and challenging careers available in the field of taxation. The majority public accounting firms, ranging from the "Big 4" international firms to the sole practitioner generate a significant portion of their fees through tax compliance planning and consulting. With more than 155 million individual tax returns filed in the US every year it isn't surprising that many individuals and most businesses need assistance in dealing with the incredibly complex US and international tax laws. This complexity also provides tremendous tax planning opportunities. Since a tax specialist you will demonstrate individual clients how to reduce their taxes while simultaneously helping them make decisions about buying a house, investing, funding their children's education and planning their retirement. Intended for your business clients careful planning and structuring of business investments and transactions can save millions of dollars in taxes. Actually it is safe to say that very few significant business transactions take place without the careful guidance of a tax specialist.
Elaborate the consequences of non-compliance of each of the accounting concepts.
A business may perhaps engage in thousands of transactions during a year. An accountant summarizes and classifies the data in these transactions to create useful information.
Q. Illustrate about corporation? A corporation is an incorporated business under the laws of a state and owned by a few stockholders or thousands of stockholders. Approximately
1. (a) Define Accounting. Briefly explain the accounting concepts which guide the accountant at the recording stage. (b) "Ledger is said to be the principal book entry and the t
Payroll implies with paying your employees (having seeing that the government gets the monies they require you to withhold from the employees and the payroll taxes they needs you t
Define Accounting. Briefly explain the accounting concepts which guide the accountant at the recording stage.on..
office supplies on hand at year-end amounted to 3000.
Please explain I'm so lost Chandler Ltd. estimates sales for the second quarter of 2014 will be as follows. Month Units April 2,550 May 2,475 June 2,390 The t
The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply of the lubricant is replenished when the amount on hand is 170 ga
Can you give me a more simple definition of Mutual Confidence and give me an example of a situation of it
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