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Your 10-step checklist for end of financial year in 2024

Xero

Get up to date on your income by chasing any invoices from customers who haven’t paid yet, and square up anything you still owe. Save time on sending invoices and reminders in the new year by using an accounting software that does it for you. You may want to seek advice on what you could be eligible for.

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Payroll trends to watch in 2022 (Part 2)

ThomsonReuters

Part 2 of this blogpost explains how prevalent payroll is in our daily lives with a focus on key issues in 2022, including unemployment, disaster relief, paid sick leave, and international. More than 20 states were FUTA credit reduction states during the Great Recession. There are many restaurants in Miami Beach. Virgin Islands.

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Tax attorney: Navigating the nuances of taxation in hybrid work arrangements

ThomsonReuters

While the remote work arrangement has decreased since the end of the COVID-19 pandemic, employers are showing a preference for the hybrid arrangement. The hybrid worker by the numbers A hybrid working arrangement permits employees to work remotely for part of the work schedule. This may pose significant issues.

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Frequently Asked Questions About Salary and Dividends by Owners of Corporations

Ronika Khanna CPA,CA

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 dividends?

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

ThomsonReuters

Jump to: What are the main types of business ownership? What is a C corporation? What is an S corporation? What is an LLC? Many entrepreneurs wonder what types of business ownerships are possible and how to determine which one is right for their business. What are the main types of business ownership?

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What Unincorporated Small Business Owners Need to Know about Filing Their Taxes

Ronika Khanna CPA,CA

This can seem onerous, but understanding what needs to be done, and when, can significantly help reduce the stress and ensure that the tax filing process is smooth and straightforward. If you do have business income, then you are required to declare your business income on a tax return.

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How are C corporations taxed? Tips on how to avoid double taxation and reduce taxes

ThomsonReuters

Jump to: How are C corporations taxed? How do C corps file taxes? How can C corporations reduce their taxes? But what does that mean for your taxes? But what does that mean for your taxes? And what tax benefits and strategies are available to a C corp that aren’t available to an S corp or LLC?