LyfeAccounting

NOVEMBER 17, 2020

With our first business, LYFE Marketing, I remember stressing to figure out what was the best way to pay my taxes. I missed payroll tax filing deadlines that cost me thousands of dollars. Like, literally, I paid my payroll taxes one-day late by accident, the IRS sent me a penalty for over $1,000.

income tax 52

income tax payroll tax payroll Tax 52

CPA Practice

FEBRUARY 1, 2024

The primary focus for small business owners in 2024 is generating more revenue, with many small businesses wanting to add to their payrolls. With the books closed on 2023, you can take a look back to help identify revenue generators and investments with good returns.

E-commerce 64

E-commerce quickbooks tax return payroll 64

LyfeAccounting

DECEMBER 31, 2020

Well there are taxes that need to be filed and paid, and this post is going to break down all of it. For the purposes of filing and paying employer payroll taxes, I’d highly recommend using a payroll software like QuickBooks or Gusto. Payroll Tax Filings: Forms That You Need. Those are forms I9 and W-4.

payroll tax 52

payroll tax payroll Tax tax return 52

xendoo

JUNE 25, 2021

Setting up your real estate accounting system the right way will enable you to minimize the labor and stress involved in large-value transactions, extreme income fluctuations, employee pay formulas, and government regulations. These tips are for you if your business is: Real estate broker or agent. Government bodies (e.g.,

Real Estate 98

Real Estate Account accountant accounted 98

xendoo

MARCH 16, 2022

If you are keen, you’ll find a plethora of small expenses within your business are tax-deductible, meaning you can claim them on your tax return. The IRS demands that you have with you any documentation proving income credits or deductions that appear on your tax return. Set up a payroll system.

accrual accounting 52

accrual accounting Account accountant accounted 52

xendoo

APRIL 20, 2021

Just like a traditional brick-and-mortar business, your eCommerce business needs a good bookkeeping system for essential functions like tracking revenues and expenditures and filing tax returns. Most small business owners choose cash basis, but if you do, you may have to adjust your accounting software.

bookkeeping 52

bookkeeping tax return South Dakota accounting software 52

LyfeAccounting

NOVEMBER 16, 2020

The CARES act which was passed in March 2020 established the Paycheck Protection Program for small businesses. The primary goal of this program was to provide loans to small businesses, so they could keep their payroll and people on their staff during an economic shutdown. Prior Payroll Expenses. $60.

payroll 52

payroll income tax Tax accounting and finance 52