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Finding Your Financial Compass: Why Small Businesses in Los Angeles Thrive with Specialized Tax and Accounting Support

MyIRSRelief

Tax specialists familiar with R&D tax credits, stock options, and angel investor regulations are key for tech businesses to navigate their unique financial landscape. Retail and Hospitality: LA’s vibrant culture attracts tourists and locals alike, fueling the retail and hospitality sectors.

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Tax Problem Resolution in the Inland Empire, CA

MyIRSRelief

Navigating tax issues can be daunting, especially when facing audits, unpaid taxes, or payroll problems. This FAQ guide provides insights into common tax problems and solutions available in Corona, CA. Discuss Payment Options: If you owe taxes, discuss payment options with your advisor. What should I do?

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How Miami Became a Hub of PPP Fraud After Pandemic

CPA Practice

Lorquet, who attended high school in Miami Springs but did not graduate, submitted an online Paycheck Protection Program loan application on June 3, 2020, for Miami ENT to BlueVine, a California loan processor, claiming he had 10 employees and an average monthly payroll of $86,258. It took only two days for him to receive the funds.

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December Jobs Report Falls Short Of Projections

PYMNTS

labor market slowed a bit more than economists expected in December, with a noted slip in retail employment. Reuters reported that payrolls were up by 148,000 positions, a significant slowdown from the 252,000 gain seen in the previous month. That missed estimates of 190,000 additions. percent annual gain in all of 2017.

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How to Register a Small Business in Quebec

Ronika Khanna CPA,CA

The registration declaration must be sent to the Registraire des entreprises no later than 60 days after the date on which registration is required except for businesses who have started a tobacco retail outlet or an artificial tanning salon, in which case they must file the declaration within 30 days of the start of the operation.

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S corp vs C corp vs LLC: What’s the difference, and which one is better for your business?

ThomsonReuters

Most large businesses and public companies are formed as C corps because a C corp is a business structure that allows for limitless growth through stock sales (which makes them appealing to investors) and is ideal for large, retail-based businesses. Another distinguishing feature of C corps is that they are subject to double taxation.

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Direct vs. indirect tax: the differences

ThomsonReuters

Here are the main differences between direct and indirect taxes: Direct taxes Levied on people and entities Are typically proportionate to the taxpayer’s income or assets Considered a progressive tax. Corporate income tax is a significant source of revenue for governments.

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