Expense Reimbursements, Tax and tax preparation

Errors in Posting Payroll

SMBAccountant

NOVEMBER 17, 2021

This typically happens in at least 2 withdrawals; net pay and payroll taxes. You would post the net pay to a labor expense account and the payroll taxes to a payroll expense account. This is incorrect and causes labor to be understated and taxes to be overstated. This is the total labor expense to the company.

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This Shady Chattanooga Accounting Firm Just Went Down in Flames and Still Owes Staff Months of Pay

Going Concern

SEPTEMBER 15, 2023

If you are looking to hire any tax preparers, tax reviewers, client relationship staff, tax resolution staff, marketing staff, onboarding staff, IT staff, operations managers, business developers, etc. CROFT & FROST has decided to shut it’s doors, which leaves a lot of really great employees without a job.

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Accountant Advocate

Errors in Posting Payroll

This Shady Chattanooga Accounting Firm Just Went Down in Flames and Still Owes Staff Months of Pay

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