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4 Accounting Transactions that Use Journal Entries and How to Enter them in QBO

Ronika Khanna CPA,CA

Although a good bookkeeper can be invaluable, It has become fairly easy for business owners and their support staff to take on the responsibility of entering day to day transactions while they employ accountants for the more complex aspects of their accounting and tax. Accounting software has come a long way in the past few years.

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The Best Small Business Bookkeeping Solutions

xendoo

Thankfully, a reliable bookkeeping solution is just a click away. What should you look for in an accounting or bookkeeping service? Today, we’ll highlight five of the best small business bookkeeping service solutions. Online Bookkeeping Service for Your Small Business. Corporate tax preparation .

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LLC vs. S corp: Which is right for your business and taxes? 

xendoo

Examples of business structures include: Sole proprietorship Partnership Limited liability company (LLC) S corporation (S corp) C corporation (C corp) Businesses often weigh the pros and cons of forming an LLC vs. S corp. Xendoo does online accounting , bookkeeping, and taxes for businesses, so it’s a question we answer frequently.

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LLC vs. S corp: Which is right for your business and taxes? 

xendoo

Examples of business structures include: Sole proprietorship Partnership Limited liability company (LLC) S corporation (S corp) C corporation (C corp) Businesses often weigh the pros and cons of forming an LLC vs. S corp. Xendoo does online accounting , bookkeeping, and taxes for businesses, so it’s a question we answer frequently.

Tax 52
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Accounting Tips for Start up Freelancers

Cheap Accounting

In the past the attraction of a limited company had been enhanced due to lower taxes on the profits extracted from the business. With the introduction of the Dividend Tax and the increases in Corporation Tax, this advantage has been eroded for many unless you have larger profits (at least over £30,000).

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Sunshine Tax: Taxes for Small Business in Florida

xendoo

Florida business owners should be aware of the following: Corporations that do business in Florida must pay a 5.5% 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.

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Dates and Deadlines: When You Can File Small Business Taxes in 2022

xendoo

You can use the information and the dates we provide to form a strategic plan for preparing and filing your taxes in 2022. What Is the Business Tax Filing Deadline for 2022? You may have already marked April 18, 2022, on your calendar to remind you to pay your personal income taxes. At Xendoo, we can help with that.