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A Beginner’s Guide to Small Business Tax Deductions

inDinero Tax Tips

Tracking expenses and claiming all of the small business tax deductions you’re eligible for can add up to substantial savings, especially for start-ups that reinvest aggressively as they scale. Indinero’s virtual bookkeeping service simplifies record keeping. What small business tax deductions are there?

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GST/HST and QST Considerations For New Business Owners

Ronika Khanna CPA,CA

Although a small supplier, i.e. a business with annual sales less than $30,000 is not required to file for GST, in some cases it is beneficial to do so. Additionally a more frequent filing period can be advantageous if you expect to have more expenses than sales, since your business will be entitled to a refund.

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Best Tax Preparation Software for Small Business: What Tax Software to Choose?

Snyder

Online tax preparation + IRS forms. Dealing with deadlines for important business taxes. What is tax software? Tax software is a program built specifically to help individuals and businesses with taxation. What factors should be considered when selecting tax software? Do you need tax software?

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1099 vs W2: How Should You Pay Your People?

LyfeAccounting

So if you’re just getting started or trying to reevaluate your current infrastructure then this post is for you. Now I know a lot of guys out there, especially when you’re in the early stages of starting up, are wondering how to bring on their first employees. Now this could go both ways. Contact us today!

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QuickBooks Ledger: Welcome to the Family! We’re Glad You’re Here.

Nancy McClelland, LLC

There’s no double-entry bookkeeping, no debits and credits, no Balance Sheet, and far too many potential lurking mysteries to be uncovered only after all the manual data entry is already complete. I get not wanting to spend big bucks on a full-featured bookkeeping package for an activity that’s not earning much money.

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14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]

LyfeAccounting

This could be due to poor tax planning, or because they’re missing some of the biggest business tax write-offs. Meanwhile, the top 1% are using the tax law to their advantage to minimize their tax liability, oftentimes leaving us clueless…. So eventually, tax time came and it was time to file his business taxes.

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Tax Credits You May Claim Now

MyIRSRelief

That’s why so many people choose to hire a tax preparer/ EA, Attorney, CPA, they don’t want the hassle of doing it themselves, and they trust an expert to handle their business. Tax credits to look out for. Earned Income Tax Credit (EITC). This credit is worth 50% of your startup costs up to $500 per year.

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