February 01 2023 Tax | Ten Frequent Tax
Ladies and gentlemen, let’s be real – running a small business can be quite the financial rollercoaster ride. From tight budgets to unexpected expenses, it can sometimes feel like you’re navigating a minefield. But fear not, for there is a solution to help guide you through the financial maze – a certified public accountant (CPA). …
January 19 2023 Tax
“Ten Frequent Tax Mistakes Made by Small Business Owners (And How to prevent Them)” You know how busy life can get if you’re a small business owner. Between managing your team, serving your customers, and running the day-to-day operations of your business, it can be easy to overlook certain details, including your US tax …
January 19 2023 business process outsourcing | finance & accounting | Outsourcing | Tax
As a business owner, it can be challenging to navigate the uncertain economic climate of a recession. With resources stretched thin and budget constraints looming, it’s more important than ever to make smart decisions about how to allocate your resources. One area where businesses often struggle is managing their financial records, including bookkeeping and tax …
December 01 2022 Tax
If you can’t pay your taxes, it’s okay! In fact, most of the taxpayers each year need a payment alternative and leaving them wondering what happens if they make the payment of their taxes late. Let’s take a look at what has to be done if we are not able to make the payment of taxes full to …
November 09 2022 finance & accounting | HR
As a company, you don’t just get to enjoy income coming in, you also have to deal with your expenses. One of your main expenses will be paying people who are your employees or contractors. QuickBooks Online gives you a way to handle your payroll, however it is currently included as an add-on, much like …
October 19 2022 HR
Gusto is an easy-to-use, all-in-one human resources (HR) platform that helps small businesses handle payroll, employee benefits, hiring, onboarding, time and attendance, and compliance. While the platform offers a comprehensive suite of tools for business owners and HR managers, its payroll system is especially great for small businesses. Let’s take a look at its Features, …
October 16 2022 finance & accounting
The United States of America has a multicultural population and a sizable English-speaking population. It is generally friendly to foreign firms due to its diversity. The US market is open for business options from all over the world. It is very simple to establish a US corporation for your business as it has an economy …
October 03 2022 Tax
Taxpayers have seen their options for tax deductions whittled down in recent years, as the vast majority of taxpayers opt for the standard deduction – which doubled in 2018 – rather than itemized deductions. Still, deductions are a powerful way to lower your tax bill. Let’s take a look on various types of Tax Deductions …
October 01 2022 finance & accounting
Bank reconciliation protects your business from fraud, accounting errors, and mismanaged funds. At a minimum, it’s best to reconcile your bank and bookkeeping records daily, weekly, or monthly to catch errors immediately. It can be a tedious process. Nonetheless, it’s critical to your financial health. Good thing, Xero accounting software can make this process easier …
September 30 2022 Tax
Generally, married couples choose to file their income tax returns jointly on their Form 1040. That means, their filing status is Married Filing Jointly. When the returns are filed jointly, the liability arising thereof is also joint and several. But sometimes it happens that one’s spouse or former spouse fails to report income, or may …
