xendoo
AUGUST 2, 2023
When you first started your company, it might have made sense to try to handle your own bookkeeping and accounting needs. Why not rely on an online accounting service to take these tasks off your plate so you can focus on your business? This is happening for good reasons, as online bookkeeping offers a host of benefits.
xendoo
NOVEMBER 22, 2021
Although they would rather focus on growing their business, taxes and payroll often take up too much of their valuable time. . The owner’s draw is not subject to payroll taxes, but it is considered personal income and is taxed accordingly. If the self-payment struggle is all too familiar to you, Xendoo is here to help.
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xendoo
MAY 16, 2023
The best way to avoid headaches during an IRS audit is to keep accurate business records and bookkeeping year-round , and that includes tracking receipts. Also, Xendoo’s bookkeepers and CPAs have years of experience managing business record keeping. Hire a catch up bookkeeping service that also has tax CPAs.
xendoo
MAY 16, 2023
The best way to avoid headaches during an IRS audit is to keep accurate business records and bookkeeping year-round , and that includes tracking receipts. Also, Xendoo’s bookkeepers and CPAs have years of experience managing business record keeping. Hire a catch up bookkeeping service that also has tax CPAs.
xendoo
AUGUST 24, 2021
Payroll , however, is most likely not their passion. An online bookkeeping service will be able to take this task off your plate, saving you time and stress. Your online Tax CPA takes care of filing your Schedule C that goes along with your personal tax return to itemize business deductions. Where to Begin?
xendoo
JANUARY 6, 2022
Keep Your Bookkeeping Up-to-Date. Up-to-date and accurate bookkeeping saves business owners time, stress, and money during tax season. . In typical payroll situations, self-employment taxes are split between the employee and employer, each paying 7.65%. Pay Self-Employment Tax. Self-employed individuals pay both halves: 12.4%
xendoo
OCTOBER 20, 2021
Should you focus on growing your core business or continue to focus on the administrative side, like managing your accounting and bookkeeping needs? While in-house accountants tend to be generalists, online bookkeeping firms can offer specialized experience for every phase of your business journey. .
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