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Demystifying Government Contract Requirements: A Guide for New Businesses.

SMBAccountant

Attention to detail, alignment with legal requirements, and effective communication are crucial aspects of navigating government contracts, contributing to successful and compliant contractual engagements. Supplies or Services/Prices or Costs: Understand the purpose and objectives of the contract. They are typically outlined in detail.

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IRS Outlines Withdrawal Process for Employee Retention Tax Credit (ERTC) Claims

RogerRossmeisl

This new withdrawal option allows certain employers that filed an ERTC claim but have not yet received a refund to withdraw their submission and avoid future repayment, interest and penalties.

Tax 262
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May 15 Tax Deadline Extended to October 16 for California Disaster Area Taxpayers

RogerRossmeisl

As reported in IR-2023-33 on 2/24/2023 Disaster-area taxpayers in most of California now have until October 16, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced last Friday. Previously, the deadline had been postponed to May 15, 2023 for these areas.

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Venmo, CashApp, and Zelle… OH MY! Why They Aren't Ideal Payment Solutions for Small Businesses

SMBAccountant

Violation of Terms of Service: Venmo expressly prohibits using its platform for business purposes, reserving it for personal transactions between friends and family. Lack of Business Features: Most mobile payment apps lack essential business features such as invoicing, customizable receipts, and detailed transaction categorization.

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How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will provide you with best practices for attack prevention and recovery. During this session he will cover: Major attacks of 2021.

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Worker Classification 101: Employee or Independent Contractor

RogerRossmeisl

It is critical for business owners to correctly determine whether the people providing services are employees or independent contractors. An employee is generally considered anyone who performs services, if the business can control what will be done and how it will be done. Independent contractor vs. employee Whether a.

CPA 236
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Fee or Tax? A Retail Delivery Fee Q.&A.

TaxConnex

A: There weren’t at first, but after a messy rollout and initial retailer confusion and anger, there’s now a small-seller exemption for companies whose retail sales of tangible personal property, commodities or services in Colorado in the previous year totaled $500,000 or less. The exemption is retroactive to July 2022.

Minnesota 194