CPA Practice

JULY 25, 2025

Jason Bramwell Small Business July 25, 2025  Some Small Business Owners Sweating Impact Trump Tax Law Will Have on Their Bottom Line Business owners have shared concerns about cuts to Medicaid and other health care programs, while the U.S.

Tax

CPA Practice

APRIL 9, 2024

As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. Understanding the details of payroll taxes helps you better assist your clients in fulfilling their obligations and maximizing tax efficiency. for paying state unemployment tax.

payroll tax

MyIRSRelief

JANUARY 16, 2023

When it comes to tax season, many people are faced with the decision of whether to prepare their own taxes or use an income tax preparation service. While it may seem like an added expense, there are many benefits to using a professional tax preparation service that make it well worth the cost.

tax preparation

MyIRSRelief

NOVEMBER 29, 2019

They are required by the IRS to report the amount of 941/940 employment payroll taxes that have been either withheld from employees or what they owe to the government. If they fail to do at the prescribed time they will have a payroll tax problem. Get a free case evaluation 1-877-78-TAXES [1-877-788-2937].

payroll

Shay CPA

MAY 3, 2023

It’s the R&D credit that the IRS will let you apply toward payroll taxes. Reducing your payroll tax liability The IRS has long offered a tax credit for increasing research activities. That’s because the credit could only be applied toward their income tax liability. But again, don’t worry.

payroll tax

MyIRSRelief

MARCH 15, 2023

Tax Compliance Trucking companies must comply with a variety of tax laws and regulations, including federal and state income taxes, fuel taxes, and payroll taxes.

tax accountant

MyIRSRelief

SEPTEMBER 6, 2024

Understanding the Tax Landscape for Small Businesses and the Self-Employed Key Tax Obligations Small businesses and self-employed individuals have several tax obligations that they must fulfill. This involves filing annual tax returns and making estimated tax payments throughout the year.

Tax

MyIRSRelief

MAY 15, 2024

Understanding the Importance of Maintaining Tax-Exempt Status One of the primary concerns for any nonprofit is maintaining its tax-exempt status under IRC Section 501(c)(3). This status exempts nonprofits from federal income tax on their earnings related to their exempt purpose. Q: My nonprofit is tax-exempt.

Tax

Shay CPA

MARCH 6, 2024

It’s the R&D credit that the IRS will let you apply toward payroll taxes. Reducing your payroll tax liability The IRS has long offered a tax credit for increasing research activities. That’s because the credit could only be applied toward their income tax liability. But again, don’t worry.

payroll tax

CPA Practice

JANUARY 17, 2023

Most states also require sellers to collect and remit local taxes (either city or county), so be sure your clients know to obtain the appropriate seller permits and tax account licenses to comply. Your client must provide the account numbers when filing returns and making deposits in all electronic and paper filings. .

South Dakota

Going Concern

AUGUST 29, 2024

ACCOUNTING CANDIDATES FTE Accounting | Candidate ID #22164759 Certifications: CPA in process Education: BA and MA Accounting Experience (years): 20 years business experience Work experience (detail): 6+ in public accounting Provides accounting services for multiple clients Payroll processing and tax filing Prepares Federal filings for SMBs, S-Corps (..)

Real Estate

Shay CPA

OCTOBER 18, 2023

The Inflation Reduction Act of 2022 has brought some significant amendments to the R&D Tax Credit, making it more accessible and beneficial for qualified small businesses (QSBs). The Basics The R&D Tax Credit, or IRC 41, offers taxpayers a credit against income tax for qualified research expenses (QREs).

payroll tax

xendoo

JANUARY 16, 2023

How Are Small Businesses Taxed? Depending on your business structure and income, you may be subject to one or more types of taxes. The term refers to when the IRS taxes the same income twice—once at the corporation level and again on an individual shareholder’s personal income tax.

business tax

xendoo

FEBRUARY 15, 2022

If your situation requires specialized knowledge about tax codes, fees are usually commensurate with qualifications. What Does a Tax Consultant Do? A tax consultant is trained in tax law and financial accounting. They also should know recent tax law changes on both a federal and state level. .

tax consultant

inDinero Tax Tips

MARCH 17, 2023

It’s due to the IRS on a quarterly basis and is part of your responsibility to withhold and remit payroll taxes. You can file for free through the mail, online for a fee through an IRS approved software provider, or have it done for you by a tax services provider. Pay above this amount is not subject to social security tax.

payroll tax

inDinero Tax Tips

MARCH 17, 2023

It’s due to the IRS on a quarterly basis and is part of your responsibility to withhold and remit payroll taxes. You can file for free through the mail, online for a fee through an IRS approved software provider, or have it done for you by a tax services provider. Pay above this amount is not subject to social security tax.

payroll tax

Basis 365

APRIL 28, 2022

We have worked with a tax professional to outline some key considerations for what entity type you should be looking into. Before making any decisions, speak to your attorney and tax accountant to make sure you are the correct entity type at this time. You really should review this periodically as laws and tax code do change.

income tax

Going Concern

JULY 14, 2023

Prior to joining DLA, John served as a Partner with two National professional services firms, where he was the subject matter expert on business combinations, impairment analysis, income tax accounting, stock compensation, revenue recognition, and going concern analysis.

North Carolina

Shay CPA

SEPTEMBER 18, 2024

The audit notice you get tells you what tax authority is auditing you, and what kind of records they want to see and verify. Payroll: These types of audits also come from either state or federal tax authorities. In most cases, payroll audits are looking for employee misclassification.

audit

xendoo

APRIL 8, 2022

A tax deduction and tax credit can both save you money on taxes, but they are different terms. . Tax deductions can lower the amount of taxable income. For example, tax brackets–a range of annual income–are used for income tax. Employee benefits.

business tax

xendoo

JANUARY 30, 2023

This guide goes over business tax credits that could save you money on taxes. You’ll also learn how to maximize their impact with the help of an experienced CPA or tax accountant. Small Business Tax Credits vs. Deductions Small business tax credits and deductions are valuable tools for reducing your tax bill.

business tax

Going Concern

NOVEMBER 16, 2023

Contact us to get connected with Candidate ID #F19022786 PT Tax Contractor | Candidate ID #F19310496 Years of tax experience: 7 Hours available per week: evenings and weekends Tech Stack: Lacerte, One Source Income Tax, and GoSystem RS Prefer Individual or Business Clients: no preference Business Return Experience: comfortable with partnerships, S (..)

Account

ThomsonReuters

MARCH 22, 2021

To illustrate the point that there are a lot of taxes to keep up with, even back in Colonial times. For payroll, in particular, there are a number of taxes. Then, there’s how to pay and file these taxes. This applies to the quarterly payroll tax returns (Form 941) normally due on April 30, 2021.

payroll

CPA Practice

JULY 25, 2025

Jason Bramwell Business Tax Account designated officials must revalidate their accounts by July 29 in order to maintain access , the IRS said on Wednesday. Jason Bramwell Business Tax Account designated officials must revalidate their accounts by July 29 in order to maintain access , the IRS said on Wednesday.

tax accountant

Shay CPA

MAY 7, 2025

Federally speaking, all startups need to file: Income tax returns Payroll taxes (assuming you have employees) 1099-NECs if they paid any contractors more than $600 in any given year Youre subject to state tax filing requirements, too. Payroll tax vs. income tax: whats the difference?

Tax