Similar Posts
COVID-19 | Payroll | Small Business | Taxes
CARES Act – The Business Provisions
U.S. Government Provides Relief to Individuals, Businesses in Midst of COVID-19 Crisis On March 27, President Donald Trump signed into law a historic $2 trillion stimulus package designed to provide economic relief to individuals and businesses affected by the coronavirus pandemic. Our aim in this alert is to give a brief overview of both the…
Time To Update Your Payroll Tax Rates
https://youtu.be/rdR_6RxXXFo Most states update their state unemployment tax (SUI) rates annually. You probably received a letter like this one and thought what am I supposed to do with this? Well, you either need to send it you your payroll provider, or update your payroll system to calculate the correct rate. If you are on our…
Accounting | Sales Tax | Tax
Supreme Court ruling impact on online retailers
This week the US Supreme Court (SCOTUS) announced their decision on the South Dakota v Wayfair case it heard back in April. A little history. The current laws are based off the Quill case that was heard in 1992, which set the standard for physical nexus. That standard is a few years past it’s usefulness…
How-To | Onboarding | Practice Management | Tax | WorkFlow
Proper Workflow Necessary for Efficiency
Tax Preparation WorkFlow Roundtable This video is the result of recent thread regarding workflow on Accountants, Bookkeepers and Business Owners , a collaborative Facebook group with over 6000 members. One of the members posted a question about workflow for her growing tax practice that generated a lot of interest and prompted us to set up the roundtable. Best…
Accounting | entrepreneur | Property Management | Real Estate Agent | Real Estate Broker | Small Business | Taxes | Xero
Keeping good records, be in the know
Keep it separated Some of the real estate agents we have worked with were shocked when they got their tax bill. They owed more to the IRS due to not capturing all of their expenses. They had been missing out on thousands of dollars of deductions because they are not keeping good records. The primary…
Universal Truths about Business and Life!
Accounting and Healthcare have more in common than you think! Jay Kimelman is the digital CPA. That title describes him in every sense of the word. He sees numbers in his head in nice neat columns, remembers them in photographic detail, and associates no emotion with those numbers on the page. I try telling him…