CPA Practice

APRIL 24, 2023

Like salaried wages, tips are subject to income and payroll taxes. Waiters, for instance, are technically required to report tips to their employer, who then withholds and pays the proper taxes. The SITCA program will track tips automatically and doesn’t require a tax reporting commitment from employees.

Georgia 98

Georgia payroll tax Tax payroll 98

xendoo

JUNE 24, 2021

One of the best ways to stay on top of taxes and avoid paying more than is necessary is to keep detailed, accurate records of everything that takes place in your business. . Extra Ingredient: Outsource Your Payroll. Payroll processing can be quite time-consuming, especially given the complex shift scheduling of most restaurants.

bookkeeping 72

bookkeeping payroll payroll tax accounting software 72

ThomsonReuters

JANUARY 4, 2024

It’s tax season and instead of a five-day workweek, your firm expects you to be in the office on Saturdays from 8 a.m. That coincides with your son or daughter’s soccer games, throwing your work-life balance into disarray. Poor management.

Tax 71

Tax Technology payroll tax accounting careers 71

Basis 365

APRIL 13, 2023

In addition, you don't have to worry about overhead costs or dealing with payroll taxes and benefits. Outsourced bookkeeping can be a game-changer for your business. With outsourced bookkeeping, you only pay for the services you need, and you can scale up or down depending on your business requirements.

bookkeeping 52

bookkeeping bookkeeping services Non-Profits payroll tax 52

SkagitCountyTaxServices

DECEMBER 8, 2021

Now I get it … the rush of customers and clients, strange hours, extra errands: It’s a tough time of year to think about tax. If you want to talk all of this through and get ahead of the game while you can, we’re right here: 360-424-1040. Year End Business Tax Strategy #2: Timing’s everything.

business tax 52

business tax Tax tax preparation payroll tax 52

LyfeAccounting

NOVEMBER 10, 2020

Whether you’re new in your business or seasoned in the game, I’m pretty sure increasing your profits is something that you’re really interested in. Payroll Tax. ?. In today’s post, I’ll be going over ways you can increase profit in your business. You might even be obsessed with the idea. ACTIVITIES. % OF REVENUE ALLOCATION.

bookkeeping 52

bookkeeping accounting and finance payroll tax Start-ups 52

Going Concern

JULY 14, 2023

Earlier: EY and PwC Among the Many Entities Caught Up in the MOVEit Cybersecurity Breach Ransom Practice What CPAs Need to Know about Employee Retention Credit Fraud [ The CPA Journal ] Most taxpayers have likely received a solicitation recently claiming that they may be entitled to thousands of dollars in employee retention tax credits.

North Carolina 98

North Carolina accounting firms accounting and finance audit 98

LyfeAccounting

JANUARY 25, 2021

I’ve been through it all, from trying to figure out how to do payroll for my very first employee, to figuring out how much I should pay my employees. I’ve paid thousands of dollars in payroll tax penalties. This meant that their wages were not taxed at all. What’s the EASIEST way to set-up a payroll system?

payroll 52

payroll payroll tax quickbooks Start-ups 52

Withum

MAY 17, 2022

Whether you are running a Software-As-A-Service (SAAS) company, starting up in AdTech or setting up a cryptocurrency strategy for your business, here are some tips and best practices for technology entrepreneurs to navigate current trends, opportunities and challenges to stay ahead of the tech game. Take advantage of tax credits.

Technology 52

Technology audit accounting and finance payroll tax 52

inDinero Accounting

JANUARY 9, 2023

As a result, the first few years may see negative returns, and hence no income tax liability. However, this doesn’t mean you shouldn’t concern yourself with taxes. First of all, there are many other taxes – such as payroll tax, property tax, sales tax, and excise tax – to worry about.

Account 52

Account accountant accounted accrual accounting 52

inDinero Accounting

JANUARY 9, 2023

As a result, the first few years may see negative returns, and hence no income tax liability. However, this doesn’t mean you shouldn’t concern yourself with taxes. First of all, there are many other taxes – such as payroll tax, property tax, sales tax, and excise tax – to worry about.

Account 52

Account accountant accounted accrual accounting 52

ThomsonReuters

DECEMBER 11, 2020

Following the enactment of the Tax Cuts and Jobs Act (TCJA) in late-December 20217, the IRS needed to significantly revise Form W-4 (Employee’s Withholding Certificate) (see Payroll Guide 4010). This is because the TCJA made several changes that included eliminating withholding allowances from 2020 through 2025.

income tax 98

income tax Agriculture Tax Non-Profits 98

SkagitCountyTaxServices

DECEMBER 1, 2021

If you want to talk all of this through and get ahead of the game while you can, we’re right here: 360-424-1040. For your business (whether it’s a pass-through entity like an LLC or a C-corp, etc.) You’re not alone in asking this. A lot of people are asking the same question.

Washington 14

Washington Tax payroll tax CPA 14

KROST

JANUARY 11, 2021

Eligible entities (that meet other eligibility requirements) include hospitals owned by government entities, businesses that receive revenue from legal gaming, electric, telephone and housing cooperatives, and destination marketing organizations 3. Calculate average monthly payroll costs (divide the amount from Step 2 by 12).

payroll 40

payroll Non-Profits Tax Real Estate 40