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S corp vs C corp vs LLC: What’s the difference, and which one is better for your business?

ThomsonReuters

Choosing the right business structure for entrepreneurs Business owners can structure their companies in several different ways , depending on the size of the business, its growth potential, how the business is managed, how the owners want to be taxed, and many other variables. What are the main types of business ownership?

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The benefits of integrating Foreign-Trade Zones (FTZs) into your supply chain

ThomsonReuters

multinationals have been using Foreign-Trade Zones (FTZs) to reduce duties and optimize their supply chains for quite some time. But almost any company involved in international import/export activity can benefit from the strategic use of FTZs, and there are many reasons why it’s a move worth considering. Many large U.S.

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Tips for Outsourcing Your Payroll

DuctTapeMarketing

About Company. Contact Us Contact Our Team. When payroll is handled in-house, you need the appropriate software to support the job, an employee who has hours to dedicate to the process each week, and a keen understanding of tax laws and employer obligations.  Services Online Audit. Strategy First. Website Review.

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Overview of U.S. taxes on foreign income for individuals

ThomsonReuters

Tax implications for owning property abroad What is FATCA? Helping clients with foreign income tax forms For U.S. To support this effort, forward-thinking accounting firms are increasingly using tax preparation software and scan-and-populate solutions to tackle the challenges of foreign income reporting. What is FEIE?

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The Two Pizza Rule and the Value of IT Automation for Tax and Accounting

ThomsonReuters

As usual, the big brains at Amazon are way ahead of us. . Amazon , Jeff Bezos instituted a rule: every internal team should be small enough that it can be fed with two pizzas. That made it a huge challenge to separate the various services to make a centralized development platform that would be useful for third parties.

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22 Shopify Tips and Tricks: How To Quickly Grow Your Online Store

Snyder

Shopify is one of the top commerce platforms that support sales made both online and in brick-and-mortar stores. Optimize your Shopify site for mobile use. With its new invention POS-Go (POS stands for point of sale), Shopify now helps merchants to sell in brick-and-mortar stores. How do you get your product noticed?

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How to Dropship on Shopify: The Ultimate Guide to Shopify Dropshipping 2022

Snyder

The platform also sells retail point-of-sale (POS) software products which can be used in offline shops. Basically, you don’t produce or store anything, you just sell. Shopify dropshipping is a popular e-commerce business model that allows anyone to sell physical products without having to own any stock. What is Shopify ?