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Beyond tax season: creating revenue stability year-round

ThomsonReuters

Bookkeeping is another service many small businesses can use, especially those with a small staff or without anyone on staff who has experience managing daily finances and transactions. If you aren’t familiar with bookkeeping or need a refresher, you can find online bookkeeping courses to get up to speed. Insurance sales.

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Sunshine Tax: Taxes for Small Business in Florida

xendoo

income tax. Florida has a sales tax rate of 6%. S Corporations are exempt from paying state income tax. Sole proprietorships, partnerships, and most LLCs are exempt from state income tax. Florida residents do not pay a state income tax. corporate tax. How Are You Taxed?

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A Beginner’s Guide to Small Business Tax Deductions

inDinero Tax Tips

Indinero’s virtual bookkeeping service simplifies record keeping. When the time comes, contact us about our virtual bookkeeping services. Table of Contents What Is a Small Business Tax Deduction and How Does It Work? Taxes : You may deduct state, local, and foreign income taxes from your federal tax liability.

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Safeguarding your practice: Rethinking client relationships as DIY tax returns become a reality

Mark Lee

I had thought this might not happen until MTD for income tax becomes a reality. The Rise of DIY Tax Returns This year, in the Facebook groups I frequent, a number of magicians, speakers and consultants have been almost boasting about ho, for the first time, they have completed their own tax returns.

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When You Need to Hire a Pro: Online Accounting Service for Small Business

xendoo

Choosing an online accounting service for your small business is the best way to keep your books updated, in compliance, and thriving. Small business owners are notoriously time-starved—struggling with marketing and sales with employee management, bookkeeping, and so much more.

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Small Business Tax Deductions Checklist: All You Need to Know About Tax Deductions

Snyder

Tax liability is an inevitable part of running a business. Every year business owners have to bear the burden of the tax season, paying taxes for income, payroll, property, sales, and so on. In total, nearly 30% of a business’ income is needed to cover all tax payments.

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The Top 5 Benefits of Catch Up Bookkeeping

xendoo

Increasing sales and gaining new customers is one part of the equation. Consistent bookkeeping provides the financial insight needed to strategize for long-term success. Click here to learn more about Net Income. . Tax Compliance. Behind on your bookkeeping? Get Your Books Caught Up with Xendoo. Let’s chat!