ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. but there are several common hurdles that often run industry wide. There’s also outsourcing.

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ThomsonReuters

SEPTEMBER 8, 2023

Jump to: What are the main types of business ownership? 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.

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Basis 365

MARCH 30, 2023

Basis 365 was created to deliver a unique, outsourced accounting experience to small businesses by providing a virtual accounting department using cloud-based accounting applications. We have previously written a blog about each of the three alternative options in more detail that may be of use. WHO CAN ADVISE YOUR BUSINESS?

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LyfeAccounting

JULY 20, 2021

Great, you have an LLC and now you have all that is required to get to work and operate your business! It is there to lay ground rules and procedures for how the business owners and the managers of the business will handle decisions. But the biggest reason you need an EIN is to file your business taxes.

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ThomsonReuters

FEBRUARY 9, 2022

Part 1 of this blogpost explains how prevalent payroll is in our daily lives with a focus on key issues in 2022, including worker classification, COVID-19 vaccine mandates, and wage and hour. Read part 2 for more 2022 payroll trends. Worker classification is a big issue for businesses. Worker classification.

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ThomsonReuters

JANUARY 9, 2024

Setting up your business as a C corporation (C corp) has many benefits, including greater ownership flexibility and more growth potential than an S corporation (S corp) or a Limited Liability Company (LLC). And what tax benefits and strategies are available to a C corp that aren’t available to an S corp or LLC?

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Xero

SEPTEMBER 28, 2022

With the explosion of different business apps now available, more and more businesses are using apps to help run their daily operations and to grow – gaining access to smarter insights and banishing manual tasks to the past. But what exactly are business apps? Business apps that connect to Xero do the same thing.

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inDinero Accounting

JANUARY 9, 2023

Accountants’ specialized knowledge can support your startup business in many ways. When it comes to number of employees, sales, and market share, startups look an awful lot like small businesses. The numbers are just small. What Makes Accounting Services for Startups Different?

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inDinero Accounting

JANUARY 9, 2023

Accountants’ specialized knowledge can support your startup business in many ways. When it comes to number of employees, sales, and market share, startups look an awful lot like small businesses. The numbers are just small. Growth Focused: Big Businesses in Infancy. Download Now.

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ThomsonReuters

FEBRUARY 8, 2024

Managing an LLC As a business structure, the primary purpose of an LLC is to protect the owners’ personal assets from debt collection and lawsuits aimed at the LLC. However, LLCs also enjoy certain tax advantages that make them popular, especially for small business owners. How can an LLC reduce its taxes? How are LLCs taxed?

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ThomsonReuters

MARCH 15, 2023

Payroll on Checkpoint asked  Jeffrey Paravano , partner at  BakerHostetler  and leader of the firm’s national tax practice group, to share his thoughts. ​ ​Extension of statute of limitations​ The IRS recently issued another alert to businesses and tax practitioners regarding scams related to the employee retention credit (ERC).

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