xendoo

AUGUST 24, 2021

Payroll , however, is most likely not their passion. How do taxes factor in? Tax filing is simplified too! In this blog post, we will walk you through paying yourself as a sole proprietor! . Keep your books up to date. How to Pay Your Taxes. As of right now, the self-employment tax rate is 15.3%.

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inDinero Accounting

DECEMBER 13, 2021

Running your own business can be rewarding, but it also requires a wide range of skills. However, even with an accountant, you still need a way to keep records. Consolidated Data : The accounting software will keep all financial data in one easy to access place, establishing an audit trail and so you never have to track it down.

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ThomsonReuters

APRIL 18, 2023

That’s why it is no surprise that the AICPA’s most recent “Top Firm Issues Survey ” found that “keeping up with changes and complexity of tax laws” is among the top issues for firms large and small. Firms that do not offer staff the flexibility they desire risk losing talent.

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inDinero Accounting

DECEMBER 13, 2021

Credit: Lukas Blazek Running your own business can be rewarding, but it also requires a wide range of skills. However, even with an accountant, you still need a way to keep records. Secure Storage : If your customers are trusting you with their personal information, you owe it to them to keep it secure.

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LyfeAccounting

FEBRUARY 4, 2021

The SBA form 3508S is a simplified application form that for the most part requires the business owner to answer some questions. Perhaps the most important part of the December 2020 stimulus surrounds the ability to deduct the expenses that the PPP loan was used to cover for federal tax purposes. For loans of $50,000 or less.

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inDinero Accounting

DECEMBER 22, 2021

Credit: Austin Distel Keeping your finger on the pulse of your company’s finances is crucial to making informed spending decisions. Keeping records is also crucial to protecting your business – especially since the IRS is planning to increase business audits by 50%.

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inDinero Accounting

DECEMBER 22, 2021

Keeping your finger on the pulse of your company’s finances is crucial to making informed spending decisions. Keeping records is also crucial to protecting your business – especially since the IRS is planning to increase business audits by 50%. Simplified tax filing. Credit: Austin Distel. Clear reporting.

accounting software 52

accounting software NetSuite Account accountant 52

inDinero Accounting

JANUARY 9, 2023

With teams in different jurisdictions, there will be different tax and labor laws you will need to follow. This requires accrual accounting rather than the simple cash-basis. Now we know there are various aspects to the trajectory of a startup that require unique accounting needs. Why Is Accounting Important for Startups?

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inDinero Accounting

JANUARY 9, 2023

Becoming a certified public accountant (CPA) takes years of higher education (150 credit hours) and success in an exam as well as continuing education requirements. With teams in different jurisdictions, there will be different tax and labor laws you will need to follow. Wrong or missing data for the big decisions.

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Snyder

JUNE 20, 2022

It makes sense to delegate some of the management tasks because it’s hard to keep track of everything yourself without hampering your business in the long run. Get to know small business tax obligations and procedures. However, it’s better to check with the bank to find out what other documents they might require.

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MazumaBusinessAccounting

AUGUST 12, 2021

In this blog, we will review 5 different types of business entities along with their advantages and disadvantages so you can decide which works best for your business. However, your city or state may require you to obtain a business license, so be sure to look into the requirements for your specific state. Sole Proprietorship.

tax return 98

tax return Tax Legal business tax 98

LyfeAccounting

DECEMBER 28, 2020

Do you want to know how the rich get away with paying little to no taxes, while many others overpay on their taxes? Well here it is – Tax Credits and Tax Incentives! If you’re anything like me, I’m sure you’ve heard all of these stories about how Jeff Bezos or Donald Trump pays almost little to no taxes.

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business tax Tax tax return Government 52

ThomsonReuters

FEBRUARY 22, 2021

The first recorded use of the word “payroll” appeared around 1740 A.D. Over time, payroll has become much more than just paying wages to employees. It also has to do with a wide variety of topics such as reporting and paying taxes and keeping in compliance with laws. Payroll in a Pandemic.

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ThomsonReuters

JULY 29, 2021

degrees F) on record. That’s close to the record of 134 degrees F, which was set back in 1913. It is important for employers to keep a close eye on employees to make sure there are no health issues arise. Now let’s go over some of the more important payroll stories from the past week. IRS resumes collection actions.

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ThomsonReuters

JUNE 28, 2023

Recently, Checkpoint Payroll Update  had the opportunity to speak with two labor and employment law specialists and subject matter experts. 5th 903 ruling with an ABC test (see Payroll Guide ¶19,045 ) that generally considers all workers employees unless the employer can prove each part of the three-factor test.

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