LyfeAccounting

DECEMBER 28, 2020

Yes, even many accountants I know aren’t aware of the tax incentives that small and large businesses are taking advantage of to DRAMATICALLY reduce their tax liability. With that said, let’s get started with the most important info… how do most businesses save on taxes?

business tax 52

business tax Tax tax return Government 52

PASBA

SEPTEMBER 25, 2019

Excessive business debt. As you can see, none of these issues have anything to do with filing an annual business tax return. While many accounting firms still charge hourly rates, the practice is becoming less common all the time. Take a More Aggressive Approach with Marketing Your Accounting Firm.

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Account accountant accounted accounting firms 104

Going Concern

OCTOBER 11, 2022

Small business has unique needs for accounting services: primarily tax and advising, and secondarily day-to-day accounting needs to act as de-facto controllers and decision makers. Smaller firms cannot pay competitive salaries because the graduates must be expensively retrained in small business accounting needs.

Education 83

Education Account accountant accounted 83

Snyder

JUNE 20, 2022

So for a small business owner, it’s vital to understand accounting so they can understand their business and also be able to communicate with banks and investors. What is small business accounting? Basic steps in accounting for small businesses. Contents: 1.

accounting basics 52

accounting basics general ledger Account accountant 52

LyfeAccounting

JANUARY 13, 2021

And the best part is, there are several different types of tax deductions. business tax deductions. Because standard deductions and itemized deductions are very straightforward, the remainder of today’s post will be spent on business tax deductions. What are Business Tax Deductions? Contact us here.

CPA 52

CPA Tax income tax bookkeeping 52

LyfeAccounting

JANUARY 7, 2021

You just need to determine what industry your business is in, and find the NAICs code that best matches your business industry. For example, for our accounting firm , all we had to do was search the NAICS database for accounting. Then, we could choose the code that best represents our firm.

Government 59

Government tax return accounting and finance Start-ups 59

LyfeAccounting

OCTOBER 29, 2020

With the US presidential election is right around the corner, and since we’re an accounting firm that loves taxes, it’s only right that we make a post discussing President Trump’s Tax Plan vs Former Vice President Joe Biden. A fair tax system should produce similar outcomes. What are the differences?

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tax planning Tax corporation tax Real Estate 52