ThomsonReuters

JANUARY 2, 2024

Senators Kirsten Gillibrand (D-NY) and Bill Cassidy (R-LA) and Representatives Chrissy Houlahan (D-PA) and Stephanie Bice (R-OK) are leading bipartisan bicameral working groups to explore a federal paid leave program. The Paid Family Leave Working Groups plan to release a legislative framework soon.

Legal 52

Legal New Hampshire Colorado New Jersey 52

Ryan Lazanis

SEPTEMBER 1, 2023

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. In it, I’ll be sharing 147 of the best cloud accounting software apps on the market. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation.

accounting software 98

accounting software quickbooks Account accountant 98

LyfeAccounting

FEBRUARY 4, 2021

This is a big deal for your business and will potentially save you a lot of money at tax time. This is like a grant and if you don’t complete the application in time then you will likely regret it if it becomes a loan. ?. Over the course of 2020, the rules related to PPP forgiveness application have changed. Basic PPP Rules.

payroll 52

payroll Tax small business accounting accounting and finance 52

ThomsonReuters

AUGUST 5, 2021

Definition of full-time employee. . The Notice clarifies that “full-time equivalents” do not need to be included in determining the average number of full-time employees. The Notice clarifies that “full-time equivalents” do not need to be included in determining the average number of full-time employees.

tax return 52

tax return payroll Tax income tax 52

Snyder

JANUARY 8, 2023

Roughly speaking, this type of business works simply as a storefront where items are sold and bought but those products are being held and shipped from another location – the supplier. More and more people are shopping online. What does it mean for small businesses? You guessed it! Dropshipping is one of the options. How does it work?

E-commerce 98

E-commerce Non-Profits Start-ups Maine 98

LyfeAccounting

APRIL 22, 2021

We’ve all heard it before… Amazon paid $0 in taxes while making over 11 billion dollars in profit. In this post, we’ll be uncovering how Amazon was able to completely write off taxes. Let’s start by understanding the number one thing Amazon does to write off taxes. How to Write Off Taxes Like Amazon. Here’s how.

Tax 52

Tax Virginia Georgia income tax 52

5 Minute Bookkeeping

OCTOBER 28, 2021

Whether you’re just starting out as a bookkeeper, or you’ve been doing bookkeeping for a long time, I want to share my insights and experience on how to work virtually with bookkeeping clients. Click on the video link below to watch: How to work virtually with bookkeeping clients. The challenges of working with clients virtually.

bookkeeping 52

bookkeeping quickbooks accounts payable E-commerce 52

LyfeAccounting

NOVEMBER 2, 2020

Because if we’re being honest, your payroll is the number one reason why people would even consider working with you. Now usually, a business will engage with an independent contractor for a specific period of time and with a specific contract. But that engagement can be renewed as many times as the businesses would like.

payroll tax 52

payroll tax Tax Legal payroll 52

Xero

FEBRUARY 19, 2023

The moment is here; the final step of Xero’s Single Touch Payroll Phase 2 roll out is now available to all customers. Once your payroll data is updated and you’ve marked each step as complete in the STP2 Portal, you’ll be able to enrol in Phase 2 reporting – step four of the transition.

payroll 109

payroll Government bookkeeping 109

Xero

JANUARY 22, 2023

By now, you’ll be familiar with Single Touch Payroll Phase 2. This means that all Xero Payroll users must transition to the Phase 2 reporting standard. This means that all Xero Payroll users must transition to the Phase 2 reporting standard. First things first, what happens if I don’t transition in time?

payroll 104

payroll Government bookkeeping 104

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. It was a frigid Saturday morning in mid-January. Worker classification.

payroll 110

payroll New Jersey Florida Hawaii 110

ThomsonReuters

APRIL 6, 2023

Properly managing accounts payable is also important in maintaining good business relationships with vendors and suppliers. The term accounts payable refers to all business expenses except payroll. employee compensation, payroll taxes, benefit withholdings, benefit payments, etc.). Often, these types of charges are invoiced.

accounts payable 52

accounts payable Account accountant accounted 52

Ryan Lazanis

APRIL 4, 2022

Chapter 1 – Create a Strategic Plan In this chapter, I’ll walk you through creating a simple strategic plan to get your full-time or part-time accounting firm business up and running quickly in your first year. In this guide, you’ll learn: How to set up a strategic business plan. How to create your core offering.

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98

Xero

JANUARY 22, 2023

The push towards digital compliance from governments around the world With programs like the UK’s Making Tax Digital, Single Touch Payroll in Australia, and a move in New Zealand towards increasing digitalisation through the Inland Revenue Department, small businesses are increasingly being compelled to transition from old analog processes.

payroll 91

payroll Government accounts payable Tax 91

inDinero Accounting

JANUARY 9, 2023

By the end of this post, you’ll better understand what a startup accountant should do, so when the time comes to hire one, you’ll know all the right questions to ask. Table of Contents What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? The numbers are just small.

Account 52

Account accountant accounted accrual accounting 52

inDinero Accounting

JANUARY 9, 2023

By the end of this post, you’ll better understand what a startup accountant should do, so when the time comes to hire one, you’ll know all the right questions to ask. Table of Contents. What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? How to Select the Right Startup Accountant.

Account 52

Account accountant accounted accrual accounting 52

LyfeAccounting

JANUARY 25, 2021

I’ve been through it all, from trying to figure out how to do payroll for my very first employee, to figuring out how much I should pay my employees. I’ve paid thousands of dollars in payroll tax penalties. Eventually, this evolved into us needing someone full-time. What’s the EASIEST way to set-up a payroll system?

payroll 52

payroll payroll tax quickbooks Start-ups 52

Snyder

JUNE 20, 2022

You can choose how to deal with your small business accounting, several options are available: Employ a full-time specialist to cover your bookkeeping and accounting needs; Outsource accounting to an independent CPA or an accounting firm. Small business owners often have to deal with every facet of business to ensure its success.

accounting basics 52

accounting basics general ledger Account accountant 52

ThomsonReuters

JULY 7, 2022

Once you’ve had a chance to catch your breath following the spring busy season, it’s time to remind your clients that tax planning is where you can really add value. However, beware of the “ Kiddie Tax ,” which applies to all children under age 18 and most children age 18 or age 19–23 who are full-time students.

tax planning 98

tax planning Tax income tax Start-ups 98

LyfeAccounting

DECEMBER 28, 2020

By the way, if you’re interested in learning more about the BIGGEST business tax deductions to help you reduce your taxable income, then check out this post about the 14 Biggest Tax Write-Offs for Small Businesses. Do you want to know how the rich get away with paying little to no taxes, while many others overpay on their taxes?

business tax 52

business tax Tax tax return Government 52