payroll, payroll tax and Sports - Accountant Advocate

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

MyIRSRelief

APRIL 29, 2024

Manufacturing and Construction: From specialized manufacturers to construction companies rebuilding LA’s infrastructure, these industries require assistance with depreciation schedules, property taxes, and payroll tax compliance. to minimize your tax burden and maximize profits.

Tax

Tax bookkeeping Account accountant

Going, Going…Gone: Will Medicare Tax Liability Strike Out Shohei Ohtani’s Annual Salary?

Withum

FEBRUARY 29, 2024

Sports fans across the world turned their heads when Shohei Ohtani’s record breaking $700 million contract with the Dodgers was announced. Once a team reaches the luxury threshold, they pay this tax penalty which is then pooled and split up amongst the teams with the lowest payrolls in baseball. appeared first on Withum.

income tax

income tax Tax Sports payroll

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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Shohei Ohtani’s Deferred Compensation Comes With Shocking Tax Obligations

Withum

FEBRUARY 29, 2024

Sports fans across the world turned their heads when Shohei Ohtani’s record breaking $700 million contract with the Dodgers was announced. Once a team reaches the luxury threshold, they pay this tax penalty which is then pooled and split up amongst the teams with the lowest payrolls in baseball.

Tax

Tax income tax Sports payroll

Los Angeles accountant for small business – Mike Habib, EA

MyIRSRelief

APRIL 3, 2023

The credit can be applied against both income tax and payroll tax liabilities. Q: What is the Work Opportunity Tax Credit? A: The Work Opportunity Tax Credit is designed to encourage businesses to hire individuals who face barriers to employment, such as veterans, ex-felons, and individuals with disabilities.

Account

Account accountant accounted accounting and finance

Employee Discounts: A Morale & Sale Boost in One

Patriot Software

NOVEMBER 21, 2022

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

Sales

Sales Sports payroll tax payroll

20 Small Business Tax Deductions You Need to Know

xendoo

APRIL 8, 2022

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. Employee benefits. Therefore, there is no deduction for them.

business tax

business tax Tax Education tax preparation

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

ThomsonReuters

AUGUST 16, 2021

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

Legal payroll Connecticut Virginia

Friday Footnotes: EY Pulls Out of Winston-Salem; Clients Exposed in Data Breach; Deloitte Olympians | 7.14.23

Going Concern

JULY 14, 2023

To kick off the campaign, Deloitte hosted a webinar on Olympic Day, focusing on the significance of movement and mental health as part of a holistic approach, exploring what it takes to be an elite athlete and how many of those practices help them beyond sport to find balance and purpose in both their professional and personal lives.

North Carolina

North Carolina accounting firms accounting and finance audit

Accounting Basics for Small Business: A Simple Guide

Snyder

JUNE 20, 2022

It’s a set of taxes, including Social security and Medicare taxes, federal income tax withholdings, and federal unemployment tax (FUTA), that you, as the employer, file and pay for your employees. Excise tax. Estimated tax.

accounting basics

accounting basics general ledger Account accountant

Paycheck Protection Program First & Second Draw Loans – Updated Rules

KROST

JANUARY 11, 2021

May not exclude subcontractor costs, reimbursements for purchases a contractor makes at a customer’s request, investment income, and employee-based costs such as payroll taxes. Use the following calculation: Aggregate payroll costs from 2019 or 2020 for employees whose principal place of residence is the United States.

payroll

payroll Non-Profits Tax Real Estate

Senate To Vote On $484B Relief Bill That Includes $310B More In PPP Loans

PYMNTS

APRIL 21, 2020

After I sign this Bill, we will begin discussions on the next Legislative Initiative with fiscal relief to State/Local Governments for lost revenues from COVID 19, much needed Infrastructure Investments for Bridges, Tunnels, Broadband, Tax Incentives for Restaurants, Entertainment, Sports, and Payroll Tax Cuts to increase Economic Growth.”.

Hospitality

Hospitality payroll tax Entertainment Sports

Senate Passes $484B Relief Bill That Includes $310B More In PPP Loans

PYMNTS

APRIL 21, 2020

After I sign this Bill, we will begin discussions on the next Legislative Initiative with fiscal relief to State/Local Governments for lost revenues from COVID 19, much needed Infrastructure Investments for Bridges, Tunnels, Broadband, Tax Incentives for Restaurants, Entertainment, Sports, and Payroll Tax Cuts to increase Economic Growth.”.

Hospitality

Hospitality payroll tax Entertainment Sports

Senate Adds $310B More To PPP Loans

PYMNTS

APRIL 21, 2020

After I sign this Bill, we will begin discussions on the next Legislative Initiative with fiscal relief to State/Local Governments for lost revenues from COVID 19, much needed Infrastructure Investments for Bridges, Tunnels, Broadband, Tax Incentives for Restaurants, Entertainment, Sports, and Payroll Tax Cuts to increase Economic Growth.”.

Hospitality

Hospitality payroll tax Entertainment Sports

Accountant Advocate

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

Top 20 Searches of 2021 on Payroll on Checkpoint

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Going, Going…Gone: Will Medicare Tax Liability Strike Out Shohei Ohtani’s Annual Salary?

Webinars

Shohei Ohtani’s Deferred Compensation Comes With Shocking Tax Obligations

Los Angeles accountant for small business – Mike Habib, EA

Employee Discounts: A Morale & Sale Boost in One

20 Small Business Tax Deductions You Need to Know

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

Friday Footnotes: EY Pulls Out of Winston-Salem; Clients Exposed in Data Breach; Deloitte Olympians | 7.14.23

Accounting Basics for Small Business: A Simple Guide

Paycheck Protection Program First & Second Draw Loans – Updated Rules

Senate To Vote On $484B Relief Bill That Includes $310B More In PPP Loans

Senate Passes $484B Relief Bill That Includes $310B More In PPP Loans

Senate Adds $310B More To PPP Loans

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