Avoiding a Small Business New Year’s Hangover
Start your small business year off right by sitting down with your accountant and planning ahead!
Start your small business year off right by sitting down with your accountant and planning ahead!
Do you or any of your employees use a vehicle owned by your company? Mileage as well as additional auto-related expenses such as gas, oil, maintenance, repairs, tires, registration fees, and more can be considered when filing your business taxes. Paying attention to detail and taking time to track mileage is more important than you […]
It’s the end of the year and almost time to send W2s – have you verified the information yet?
No one has a crystal ball to predict what’s coming for your business, but there are a few accounting questions you can ask to help guide you.
Even though payroll taxes are paid by both employers and employees, there’s one major difference. Payroll taxes paid by employees affect employees’ net pay, but payroll taxes paid by employers don’t. Taxes that employees pay are subtracted out of an employee’s gross pay, which lowers the net pay for that paycheck. However, payroll taxes paid by the employers do not affect […]
This was definitely an interesting year for taxes. We saw everything from tax extensions and exemptions, to small business loans and stimulus checks. However, this effort to help people and small businesses through the pandemic has brought implications for filing taxes this year. Here we take a look at the important tax dates for small […]