xendoo

AUGUST 24, 2021

Businesses are created because business owners have a passion that needs to be pursued. Yet, every business owner faces the unique challenge of figuring out how to pay themselves. In this blog post, we will walk you through paying yourself as a sole proprietor! . Once your DBA is set up, you can open a business bank account.

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Ronika Khanna CPA,CA

JUNE 30, 2023

As an accountant and small business financial consultant, one of the most common areas of confusion and questions by small business corporation owners revolves around how to pay themselves and if one way is preferable to another. What are the reporting requirements for salary? What are the reporting requirements for salary?

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ThomsonReuters

JULY 6, 2023

Are you an accountant looking to break into the exciting world of mergers and acquisitions (M&A) advisory services? M&A advisory services are a professional service designed to help corporations, private equity firms, and other entities execute mergers and acquisitions. Why should accountants get into M&A advisory?

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LyfeAccounting

OCTOBER 14, 2020

You see, here at LYFE Accounting, we handle the books for small business owners everyday and have a time-tested 6-step process that helps small businesses make better financial decisions that lead to greater profitability. Let’s get started by answering this question first- what is bookkeeping? Of course, you have!

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Basis 365

MARCH 30, 2023

ARE ALL ACCOUNTING SERVICES THE SAME? COMPARING DIFFERENT ACCOUNTING PARTNERS CAN BE LIKE COMPARING APPLES AND ORANGES. ACCOUNTING SERVICES (OR OFFERINGS) ARE NOT ALL THE SAME. BREAKING DOWN THE DIFFERENT ACCOUNTING PARTNERS YOU MAY BE CONSIDERING AND WHICH ONE IS RIGHT FOR YOU. WHO CAN ADVISE YOUR BUSINESS?

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ThomsonReuters

APRIL 18, 2023

Cash flow is the lifeline for all businesses and, not surprisingly, is a top concern for many business owners. They rely heavily on cash flow statements and the expertise of their accountant to make informed strategic business decisions. What is in a cash flow statement? What are the main types of cash flows?

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Xero

MAY 11, 2022

We’re shining a spotlight on the Black Business and Professional Association (BBPA), a non-profit, charitable organization formed in 1983 with the goal of addressing equity and opportunity for the Black community in business, employment, education and economic development. Tell me about your business. It drives ambition! .

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LyfeAccounting

OCTOBER 28, 2020

?. As Warren Buffet says, accounting is the language of business. He and other savvy business owners use accounting to make investment decisions and decisions to grow the businesses they invest in. But interestingly enough, many small businesses often neglect their accounting until tax time, or don’t do it all.

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LyfeAccounting

JUNE 4, 2021

Here at LYFE Accounting, not only do we help people pay themselves correctly as an LLC… …but we’ve also started one of the fastest-growing LLCs according to Inc Magazine and the financial times in 2021. Should it be deducted from your paycheck, paid quarterly at tax time, or what? Alright, so you are living the dream.

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LyfeAccounting

SEPTEMBER 15, 2020

But you’re probably wondering, what is the best salary for small business owners? And what is the best method to pay yourself? And what is the best method to pay yourself? For example, there’s owner draws, dividends, distributions, w-2 wages, and so on. And that decision is around pay. So take a breather.

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LyfeAccounting

JUNE 7, 2021

Now, of course, that’s a joke and some extreme examples, but what we want you to do is think about your own needs and wants, and how they could tie into a business. Sure, you can pay yourself a lot of money, but guess what, you’re also going to pay a lot of taxes. We have 10 tips on how you can avoid paying taxes. Keep reading!

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ThomsonReuters

FEBRUARY 15, 2023

Accountants who help clients effectively manage property taxes can further strengthen their role as a trusted advisor. Table of contents: What is property tax? Property tax software What is property tax? What is a business personal property tax? Property tax case study How do you find tax information on a property?

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inDinero Accounting

APRIL 28, 2021

Business budgeting is a critical skill that inDinero’s outsource accounting team can take off your plate today. You may be wondering, how do fractional accountants make budgeting look so easy? Business creators are “where to” people and on the flipside are accountants who are “how-to” technicians. Do not worry.

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LyfeAccounting

AUGUST 10, 2021

So, what do you do when you have an amazing business idea, but no money to fund it? Now let us briefly define what a small business grant is. How to raise money for a new business? Well, unless your uncle is someone like Warren Buffet then you’re going to have to figure out how to raise capital. . Keep reading! . Business Card Credits.

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LyfeAccounting

OCTOBER 15, 2020

It doesn’t matter if you’re a startup, growing small business, or major enterprise – if you do not know what KPIs are correlated to the success of your company, I can guarantee that you will eventually mismanage your business. What are Business KPIs? These KPI metrics tell you what’s really going on in your body.

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Snyder

JUNE 20, 2022

Small business owners often have to deal with every facet of business to ensure its success. However, delegating doesn’t mean staying out of the loop completely, especially when it comes to business finances, primarily accounting. Accounting is the language of numbers. What is small business accounting?

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Xero

SEPTEMBER 21, 2022

Marisa, meanwhile, worked in private equity. . Teddie says, “While we all come from finance backgrounds, we don’t have accounting experience. Levi adds, “Xero has made accountancy fun. As business owners we have to worry about a lot – supply chains, rising costs, customers – but accountancy isn’t a stress in our lives.

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CTP

SEPTEMBER 16, 2022

Home equity loan interest is also deductible if it meets the definition of acquisition debt—if it is used to purchase, construct, or improve your home. Countless moderate-income earners are utilizing the same strategies to reduce their adjusted gross income (AGI) and overall tax liability. The answer is “yes”! Itemized Deductions.

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CTP

SEPTEMBER 16, 2022

Home equity loan interest is also deductible if it meets the definition of acquisition debt—if it is used to purchase, construct, or improve your home. Countless moderate-income earners are utilizing the same strategies to reduce their adjusted gross income (AGI) and overall tax liability. The answer is “yes”! Itemized Deductions.

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tax planning Tax Real Estate Education 52