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The R&D Tax Credit and Payroll-Tax Offset Swirl: It’s A Tax Treat for Qualified Small Businesses

inDinero Tax Tips

If that sounds like your business, the R&D tax credit and the payroll tax offset should absolutely be part of your tax strategy. Follow along for a brief R&D credit breakdown and how it and the payroll offset work together like a perfect chocolate and vanilla swirl. What is the Payroll Tax Offset?

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Fraud Makes Headway Via ‘Payroll Diversion’

PYMNTS

In terms of fraud done digitally, one firm, Agari, has estimated that “payroll diversion” is “ramping up,” where HR administrators are being duped into sending payroll funds to fraudsters’ accounts.

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

inDinero Tax Tips

Fringe Benefits The most straightforward practice is to amend your payroll reports and recategorize the commingled purchase as fringe benefit compensation. In other words, making personal purchases (like a haircut) on a business account is no problem if you include the spending in your payroll as a fringe benefit.

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3 Ways Retirees Can Make Money From Home

CPA Practice

Bookkeeping Bookkeepers manage business aspects such as financial accounts and payroll for companies. Bookkeepers are excellent with organized and detailed work and math and computer programs like Excel, QuickBooks and other accounting software,” Brie Reynolds, a career coach at FlexJobs career, told U.S.

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What Can Outsourced Bookkeeping Services Do for My IT Company?

GrowthForceBlog

The day-to-day grind makes it difficult for you to find the time to focus on working on the back end of your business by making sure your financial accounts are up to date. You and your employees spend all day providing the best IT services possible to your customers. Key Takeaways.

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Sage Partners with AWS to Enable AI-Powered Solutions for Small and Mid-Sized Businesses

CPA Practice

Sage , a provider of accounting, financial, HR and payroll technology for small and mid-sized businesses, has signed a strategic collaboration agreement with Amazon Web Services.

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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

Along this journey, influential organizations such as FASB and International Accounting Standards Board have played a major role in establishing and maintaining GAAP standards across different jurisdictions and industries worldwide. But what are these components that make up this essential system?