Remove bookkeeping Remove Colorado Remove payroll Remove Tax
article thumbnail

How to Solve Clients’ Sales Tax Compliance Headaches with Smart Outsourcing

CPA Practice

For almost as long as commerce has existed, small business owners have struggled with managing their finances and taxes, while at the same time running the operational side of their businesses. there are more than 13,000 taxing jurisdictions, including states, cities, counties, and a variety of special districts. 2023 sales tax rates.

Sales 111
article thumbnail

How Layoffs Affect Your Tech Company’s Books and Payroll

Shay CPA

And, of course, you can’t forget about how your layoffs impact your books and payroll. And if you’re in this boat, you should know what it means for your books and your payroll. As we reviewed in a recent blog, having an employee in another state establishes a tax nexus for your company there.

payroll 52
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

The Green Leaf CPA The Green Leaf CPA assists leading marijuana, hemp, and CBD businesses in maintaining compliant accounting, tax, and financial practices. Obalero Designed by The Digitalsmith , Olabero is a provider of back-office services, including bookkeeping, controller services, strategic advisory services, and process automation.

Account 98
article thumbnail

Here Is a Massive List of Accounting Salaries Broken Down By City

Going Concern

Before the salary data appears at that link there are several paragraphs about the Inflation Reduction Act that somehow relate to accountant salaries because Smartest Dollar, like everyone else on the planet, seems to believe accountant = tax, we’ll go ahead and skip right past that and get to the salaries. Colorado Springs, CO.

article thumbnail

Did You Receive A 1099? You’re Probably Overpaying Your Taxes

SingleTrackAccounting

All is good in the entrepreneur hood until the tax man comes around in April. Self Employment tax on the entire amount on your 1099 …. on top of your regular income tax! Most self-employed people only find out about this nightmare situation after they file tax returns with 1099s and are then hit with the tax bill.

Tax 75
article thumbnail

5 Tax Saving Strategies for Small Businesses

SingleTrackAccounting

We are starting down the third year of the Tax Cuts and Jobs Act and tax savings are all around us. Every year the standard tax brackets increase with inflation. Here’s a breakdown of the 2020 tax brackets. . Here are 5 tax saving strategies for small businesses. You would end up paying $1,530 in taxes.

Tax 75
article thumbnail

Avoid the Pitfalls of DIY Accounting

SingleTrackAccounting

You are running your business and doing a great job at staying on top of your bookkeeping, not to mention you are saving money by not hiring help. You could spend several hours, perhaps days navigating PPP loans, running payroll, and filing taxes even if you were organized. Payroll Mistakes. Win, win right? Think again.

Account 52