Category: Accounting

January 27, 2023

Knowing what you can deduct from your income and how that affects your taxes this year has never been more important. To help make understanding all of these different tax deductions easier for you, we’re here today with a complete […]

January 25, 2023

It’s said that the longest journey starts with a single step. How to file taxes? Whether you’re going to file your own taxes, 0r use tax preparation services, your first step before you prepare and file a tax return is […]

January 24, 2023

When the regular tax filing deadline of April 18th rolls around each year, it can be stressful and overwhelming for many taxpayers. You may need extra time to find out how to file self-employment taxes or simply gather important documents. […]

January 13, 2023

The owner of four Californian agricultural companies has agreed to settle allegations that he and his companies violated the False Claims Act, with the settlement amount totalling around $600,000. California Agricultural Companies Reaches Settlement on PPP Loan Fraud Allegations The […]

January 13, 2023

Tax season is fast approaching! Are you ready for it? When filing taxes or managing payroll, understanding and using the right forms is essential. One form, in particular, is relatively common, yet often misunderstood. This article will explain what a […]

January 12, 2023

Venmo tax reporting is the new hot topic this year. The Internal Revenue Service has issued some new rules for reporting business income through payment services such as Venmo, PayPal, CashApp, and other third-party payment processors and it has left […]

January 11, 2023

Are you an employee who is curious about what a W2 form Wage and Tax statement are, or an employer wondering if they need to provide them? It’s essential that employers and employees understand their responsibilities when it comes to […]

January 9, 2023

Imagine this. John Carter begins his job as the country club’s new finance and administration director by reconciling its payroll journal entries with employee payroll logbooks provided by its payroll processor. It takes him weeks and distracts him from other […]

January 3, 2023

The topic of taxes for most small business owners is their least favorite. It involves time and cost, both of which owners have in limited supply. Nonetheless, tax matters can’t be ignored. January 31, 2023, is an important date for […]

January 3, 2023

It is tax season again and many people will be looking to find out how to file taxes and for the right places to go to insure it is done correctly. We will be looking at eight of the best […]

December 29, 2022

Every year, nonprofits must file a 990 series return to stay compliant with the IRS. If you have never filed a 990 series return, you may have a few questions about the form. This article tells you everything you need […]

December 14, 2022

If you’re a small business owner, you know what an arduous undertaking it is to manage your taxes. From finding all the deductions that are available to maximize your federal income tax savings, there are so many individual steps involved […]

December 1, 2022

There are many different legal requirements that your business may need help and support with from a professional. Your lawyer will be an essential partner and support to keep your company or organisation healthy and successful. Are you baffled by […]

November 30, 2022

When you’re establishing your startup, it can be a challenge to choose the right bank and the right business checking account, particularly if you have limited business experience. You need a bank account that not only meets your current needs […]

November 29, 2022

The year is almost over, but there’s still time to take actions that can reduce your 2022 tax bill. The first thing is to meet with your CPA or other tax adviser. Last-Minute Tax Actions for 2022 Consider discussing the […]

November 29, 2022

Financial management software offers tools for recording and calculating the inflows and outflows of your funds. Essentially, these programs are an alternative to traditional accounting documents. If a program is developed specifically for your company, it can be very useful. […]

November 14, 2022

Life is too short. Therefore, you do not want to make yourself responsible for the added extra stress of filing taxes. In fact, most people find that filing their taxes is a complicated process, so they leave it up to […]

November 9, 2022

The Internal Revenue Service (IRS) has reminded taxpayers accepting payments through payment cards and third-party network transactions that they may receive 1099-K forms for sales over $600 in early 2023. New 1099-K Reporting Rule The IRS noted that there are […]

October 5, 2022

As a small business owner, it is important to be proactive about your taxes. There are many tax planning strategies that you can use to reduce your taxes and keep more money in your pocket. Nowadays, business executives face a […]

September 29, 2022

Owning a small business comes with a myriad of challenges, especially for inexperienced entrepreneurs. Creating a support system of experienced, knowledgeable professionals can help you navigate uncertain waters, and a financial advisor is a crucial role to fill. It takes […]