Running a business is hard enough without adding the complexity of filing taxes each year. The key is to work with your accountant throughout the year, not just when you prepare your tax return. Making financial decisions without
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Annual Meetings Corporations are required to have annual meetings. LLCs (limited liability companies) can, and should have annual meetings. During those meetings, you and your directors or officers should ratify decisions made during the year. Some of the
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How can your company attract and retain top employees? It’s not always easy, especially for small businesses. Here are some pointers to jump-start your thinking: Simplify the process. Make sure job responsibilities are clearly described when posting your openings.
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If you own a business and have employees, then you are familiar with payroll and the payroll tax the IRS collects. As the employer, you are responsible for withholding certain taxes from your employees’ wages each pay period
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Dear client, Being self-employed can be one of the most freeing and fulfilling things in one’s life. However, with that ownership comes responsibility – specifically a 15.3% self-employment tax. Why Do I Owe Self-Employment Tax Self-employment tax covers
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If you receive income through social payment apps (Venmo, Cashapp, etc.), you may be in for a surprise this upcoming tax season. CHANGES Beginning this year, taxpayers must report to the IRS transactions of $600 or more that
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