article thumbnail

Trucking Tax & Accounting by Mike Habib, EA Los Angeles, CA

MyIRSRelief

Accounting & Bookkeeping is one of the most critical aspects of running a successful business, especially in the trucking industry. Trucking companies must manage a large amount of financial data, including expenses, invoices, payroll, and taxes.

article thumbnail

Beyond tax season: creating revenue stability year-round

ThomsonReuters

If you spend a lot of time hiring temporary employees just to help with tax season, you could be missing out on a lot of potential talent—those employees who are looking for long-term positions. Tax accountants who only need office space for a few months out of the year must spend a lot of time before tax season looking for good options.

Tax 102
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Accounting Websites: 43 Examples for Modern Firms

Ryan Lazanis

Luminary CPA Luminary CPA is one of the accounting firms that offer personalized tax assistance and on-demand bookkeeping services. Maventri Maventri operates in numerous North American locations, serving a wide range of industries with bookkeeping, HR, payroll, and marketing services.

Account 98
article thumbnail

Tax Season 2024- Get Your Books Ready in 6 Steps

Shay CPA

fundraising, terms of service, CPA/bookkeeper fees) Office supplies (e.g., Amazon, Staples) Payroll (e.g., Gusto, Justworks) Rent (including WeWork/coworking spaces) Taxes (e.g., Delaware Franchise Taxes) Training/education Utilities (e.g., Loom, Linkedin, Amazon Prime) Employee benefits (e.g.,

Tax 52
article thumbnail

4 Ways Small Business Owners Can Stay Tax Compliant

xendoo

Instead of playing phone tag with your finance professional over missing documents, you can work with an online accountant who will determine the tax deductions you qualify for and file your taxes on your behalf, so you can get back to what you love – growing your business! . Pay Self-Employment Tax.

Tax 59
article thumbnail

What happens if you get audited and don’t have receipts?

xendoo

Some examples of costs that you’ll need receipts for include: Office supplies and equipment Inventory purchases Advertising and professional services Company training and employee education Travel expenses Since this isn’t an exhaustive list, it’s best to track all your business receipts and update your records regularly.

audit 52
article thumbnail

What happens if you get audited and don’t have receipts?

xendoo

Some examples of costs that you’ll need receipts for include: Office supplies and equipment Inventory purchases Advertising and professional services Company training and employee education Travel expenses Since this isn’t an exhaustive list, it’s best to track all your business receipts and update your records regularly.

audit 52