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Make Sure You Know Your IRS Tax Deadlines for Filing Your 2020 Business Taxes in 2021

inDinero Tax Tips

By outsourcing your business’s accounting and taxes with inDinero , you’re covered on both fronts. We’ll provide the information you need to create the appropriate 2021 business tax calendar to keep up with your tax filing responsibilities and avoid late penalties. annual or quarterly). Q2: June 15, 2021.

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How Much Is a Tax Consultant?

xendoo

If your situation requires specialized knowledge about tax codes, fees are usually commensurate with qualifications. What Does a Tax Consultant Do? A tax consultant is trained in tax law and financial accounting. They also should know recent tax law changes on both a federal and state level. .

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Commingling Funds: How to Address the Problem and Avoid It in the Future

inDinero Tax Tips

One of the most common problems for startup founders is the commingling of funds: when you pay for personal transactions from a business account, or visa versa. You’ll reimburse yourself if you’ve used personal accounts to pay for business expenses. The solution to commingling funds is simple but tedious.

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Bookkeeping vs Accounting: What’s the Difference? How Should You Choose?

LyfeAccounting

In contrast, the full definition of accounting is the action or process of keeping financial accounts. In other words, accounting helps you summarize all your transactions into reports. The post Bookkeeping vs Accounting: What’s the Difference? And all the transactions that followed it afterwards.

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Accounting for Startups

inDinero Accounting

This will streamline your data entry process, help minimize errors, and give you valuable insights into your financial operations. Your accountant can help you decide on the right software solution for your business. Accounting Software There are several software options designed specifically for accounting.

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Accounting for Startups

inDinero Accounting

This will streamline your data entry process, help minimize errors, and give you valuable insights into your financial operations. Your accountant can help you decide on the right software solution for your business. Accounting Software. There are several software options designed specifically for accounting.

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