Small business owners, especially when they are just starting out, often wonder about how they should navigate the payroll process. Should they hire a service or handle this important...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 02/12/2018
If you already found the right Tax Preparer to do the job for you, you probably don’t need to worry on whether to itemize your tax deductions or to do a standard one. But it...
Posted by Omni Fidelity Associates on 02/12/2018
Small business owners or partners in a business are required to pay taxes on their business income. Called estimated taxes, these are paid when you pay personal taxes in a process...
Posted by Omni Fidelity Associates on 02/12/2018
If you like to help out those who are less fortunate, you may be able to receive a tax deduction for your gifts. While it’s always best to consult with a tax preparer if you...
Posted by ALJ Business Services,LLC on 02/12/2018
In America, corporations can opt for shareholder level taxation. In this situation, the corporation determines its' taxable income and files a corporate tax return. The income...
Posted by ALJ Business Services,LLC on 02/12/2018
If you run a business as a sole proprietor, don't expect to get out of paying taxes. You are still expected to pay them and there are some different steps when it comes...
Posted by J.R.'S TAX SERVICE on 02/12/2018
Standard or Actual Expenses?Taxpayers who want to understand how to take advantage of vehicle deductions in order to lower their tax bill have a number of options. The IRS allows multiple...
Posted by Peter J. Marchiano, Jr., CPA on 02/12/2018
Gross pay is the total amount an employer owes his employee for a specific pay period. It's extremely important in the world of payroll as it's used to calculate an employee's...
For many business owners, paying taxes is a very touchy subject that many would rather not discuss or even think about. The simple reason is that tax planning is complex, which causes...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/12/2018