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Employee Discounts: A Morale & Sale Boost in One 

Patriot Software

Want to encourage employees to sport your company’s apparel? Employee discount programs for small business come with several business benefits, like increased retention and sales. Or, looking for an employee benefit that’s appealing to new hires? You may consider offering employee discounts.

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Finding Your Financial Compass: Why Small Businesses in Los Angeles Thrive with Specialized Tax and Accounting Support

MyIRSRelief

Tax specialists familiar with R&D tax credits, stock options, and angel investor regulations are key for tech businesses to navigate their unique financial landscape. Understanding sales tax regulations, occupancy taxes, and fluctuating seasonal income is essential for these businesses.

Tax 130
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Los Angeles accountant for small business – Mike Habib, EA

MyIRSRelief

Small business owners often find themselves juggling multiple responsibilities, from managing employees to overseeing operations to marketing and sales. The credit can be applied against both income tax and payroll tax liabilities. Q: What is the Work Opportunity Tax Credit?

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20 Small Business Tax Deductions You Need to Know

xendoo

If you have family members that work in your small business, there are some additional tax considerations. Family members who legally work for your business and are under 18, may be exempt from paying FICA, also referred to as federal payroll tax. Personal legal and accounting fees like estate planning are not tax-deductible. .

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Accounting Basics for Small Business: A Simple Guide

Snyder

Following the double-entry accounting method, you need to record the sale amount in your cash account as an increase (or debit) and as a decrease (or credit) in your inventory account. Be it a sale, invoice, bill, etc. Date Account Debit Credit 22/01/2022 Sales $150 22/01/2022 Accounts receivable $150. Excise tax.

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Last Week in Payroll: The List and Legality of Employee Vaccination Requirements

ThomsonReuters

This may also mean that professional athletes do not need to wear a mask when engaging in sports. In addition, please reach out to a sales or service specialist at Thomson Reuters Checkpoint for information on how our products can help you navigate through payroll tax and non-tax topics.

Legal 52
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Paycheck Protection Program First & Second Draw Loans – Updated Rules

KROST

Gross receipts include all revenue in whatever form received or accrued ( in accordance with the entity’s accounting method ) from whatever source, including from the sales of products or services, interest, dividends, rents, royalties, fees, or commissions, reduced by returns and allowances. Affiliation Rule Exceptions.

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