article thumbnail

Bookkeeping Fundamentals for Small Business Owners

DuctTapeMarketing

Xendoo is an online accounting and bookkeeping service dedicated to small business owners. They’ll partner you with a dedicated accounting team and provide three simple monthly rates that include your bookkeeping, sales tax, planning support, corporate tax return, and unlimited access to your dedicated CPA team.

article thumbnail

BDO USA is Shifting From a Partnership to a Corporation

CPA Practice

In addition, an individual partner in a partnership earning income from operations in various states is generally required to file income tax returns in each of those states, which can cause a compliance headache. Being W-2 employees will make the partners’ tax situations a lot simpler than having to file in multiple states.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Top Online Bookkeeping and Accounting Services for 2021

xendoo

Some top online bookkeeping services employ excellent online bookkeepers who can provide the necessary online accounting services to successfully handle your business bookkeeping. An online bookkeeping service can help you manage: . Corporate tax preparation . Why Use an Online Accounting Service?

article thumbnail

How Do I Pay Myself and My Taxes as an S-Corporation?

xendoo

Speak to one of our online accountants to learn more. How Do I Pay My Taxes as an S-Corporation? The first step is to elect to be taxed as an S-Corporation. To qualify for S-Corporation status, your business must meet the following requirements: Your business must be incorporated in the United States.

Tax 96
article thumbnail

Research & Development Tax Credit (RDTC) payment delays – an update

Inform Accounting

We appreciate agents' and claimants' patience while we handle these claims and continue to offer the guidance below: To help us process your R&D payment quickly, please ensure you have completed all entries on the R&D section of your Corporation Tax return (CT600 form).

Tax 52
article thumbnail

LLC vs. S corp: Which is right for your business and taxes? 

xendoo

Examples of business structures include: Sole proprietorship Partnership Limited liability company (LLC) S corporation (S corp) C corporation (C corp) Businesses often weigh the pros and cons of forming an LLC vs. S corp. Xendoo does online accounting , bookkeeping, and taxes for businesses, so it’s a question we answer frequently.

Tax 52
article thumbnail

LLC vs. S corp: Which is right for your business and taxes? 

xendoo

Examples of business structures include: Sole proprietorship Partnership Limited liability company (LLC) S corporation (S corp) C corporation (C corp) Businesses often weigh the pros and cons of forming an LLC vs. S corp. Xendoo does online accounting , bookkeeping, and taxes for businesses, so it’s a question we answer frequently.

Tax 52