So you’re starting a new payroll service. That can seem daunting at first. You may be asking yourself if it will work out and how to organize your payroll documents. Bottom line, you need to be prepared. If you’ve never run payroll before, enrollment with your new service will be easier because you won’t need Continue Reading →
It’s finally that time of year again. That time when you receive your income tax refund. The big question is, how are you going to use that money? Many people wait for this time of year to pay off bills, save for the future or splurge on something new. No matter what you decide to Continue Reading →
Tax season is wrapping up, but for those of you that haven’t completed your records yet, there are some things you should know. Implementing the following tips could save you from making critical errors on your return and significantly lower your stress level.
When you become a new parent, you understand how expensive—and joyous—it is to care for a child. Luckily for you, there are tax breaks to help you pay for some costs associated with a new child.
1. Identification When filing your own taxes, you need to prove that you are, in fact, who you say you are.
On the day your small business gets big enough to hire an accountant, you may relish the thought of delegating this responsibility to someone else. At the same time, the decision is nerve-racking, since you will be entrusting an outside professional with sensitive financial information.
Payroll issues can cause a major hiccup and cause your employees dissatisfaction with you. It’s important to ensure you catch these potential setbacks before they present a problem.
We all know that IRAs are a key way to save for retirement. If you have an IRA or are thinking about opening one, you need to know four year-end rules from the IRS.
As businesses transition to cloud-based accounting software, many questions are popping up about using QuickBooks® Online Payroll software. If you’ve chosen to integrate your system with QuickBooks® Online Payroll, you may want to browse these frequently asked questions.
A capital gain occurs when you sell something for more than you bought it for. For instance, if you bought a car for $3,500 and sold it for $3,750, you have a capital gain—and you will be taxed on it! Here are 4 things you need to know about capital gains tax: