Remove corporation tax Remove general ledger Remove payroll Remove small business accounting
article thumbnail

How Much Is a Tax Consultant?

xendoo

If they work in public accounting, they may oversee or conduct an audit of a public company’s financial statements. If they work for a company, they may record journal entries, prepare financial statements, or reconcile general ledger accounts. What Qualifications Does a Tax Advisor Have?

article thumbnail

Why and How to Transition from a Sole Proprietorship to a Corporation

Ronika Khanna CPA,CA

Alternatively, a customer or client might only do business with a corporation. tax optimization If your business is doing well, you might want to leave money in the corporation or have some flexibility in how you pay yourself i.e. salary vs dividends so that you can better optimize your taxes through tax deferral opportunities.

payroll 52