MazumaBusinessAccounting

JANUARY 31, 2023

Accounting and tax software have made it possible for small businesses to get along without having an in-house accountant. However, as businesses grow, accounting issues get more complex, and tax filings become too cumbersome for owners to handle.

Account 52

Account accountant accounted bookkeeping 52

xendoo

SEPTEMBER 10, 2021

Every small business owner should have access to an accountant. A small business accountant can provide guidance at every stage of your company’s development, and they can be invaluable when it comes to tax preparation, succession planning, and more. What to Look for in an Online Accountant.

online accounting 97

online accounting Account accountant accounted 97

MazumaBusinessAccounting

JULY 1, 2022

Why do I need an accountant for my small business? Those that do their taxes for themselves may think nothing of taking on this huge responsibility as a small business owner. The truth is that small mistakes in your finances may cost you a lot in the long run.

Account 52

Account accountant accounted accounting and finance 52

CPA Practice

NOVEMBER 10, 2023

But, every year, these businesses must also prove that they’ve kept track of sales and are correctly reporting their earnings. Enter the small business accountant. For countless businesses, this change has sent shockwaves through their operations. Let’s dig in.

Sales 100

Sales business tax Tax tax preparation 100

CPA Practice

APRIL 17, 2023

While the economy and supply chains may still have some hiccups related to the end of the pandemic, one thing is clear: The demand for the services of accounting, finance and tax professionals is growing strong. Unfortunately, there’s also a “critical talent shortage,” says Tom Hood, CPA, a vice president with the AICPA. ( [link] ).

quickbooks 130

quickbooks payroll Technology tax preparation 130

PYMNTS

DECEMBER 7, 2018

KPMG is taking further steps into the small business financial services world with a new tax and accounting solution for SMBs, the company announced Thursday (Dec. KPMG Spark will deploy technology from Bookly, acquired by KPMG earlier this year, which offers small business accounting solutions.

Tax 58

Tax Account accountant accounted 58

xendoo

JANUARY 11, 2021

For many small business owners, accounting is definitely not their area of expertise. They know they’re probably making mistakes and missing opportunities that a pro would spot right away, but they don’t know if accounting services will save more than they cost. “How much do accountants charge to do taxes?”

Account 52

Account accountant accounted bookkeeping 52

Snyder

DECEMBER 27, 2022

Freelance accounting is increasing in popularity. With the rise of online platforms like Upwork, Fiverr, and Remote.co, more and more people are working remotely to offer their services to businesses worldwide. This means that nowadays, freelancers have greater opportunities to find work and grow their businesses faster.

Account 98

Account accountant accounted accounting and finance 98

Snyder

NOVEMBER 17, 2022

Accountancy firmly belongs to the financial sector but it also shares a lot of key features with the service industry. No one can be an expert in all those areas, that’s why finding a helpful blog for accountants is such a great idea. So let’s begin our journey to the land of accountancy! Accountants, bookkeepers, and CPA’s.

Account 52

Account accountant accounted bookkeeping 52

Snyder

FEBRUARY 27, 2023

One of the most important choices is related to accounting. Are you planning to hire an accounting professional, do it all on your own, install accounting software? Different types of business models have their peculiarities in accounting and it’s best to know it all at the very start. The decision is yours.

accounting software 52

accounting software E-commerce Account accountant 52

LyfeAccounting

NOVEMBER 13, 2020

Regardless of what happens to that 20 dollars next, these transactions have started bookkeeping and accounting processes. But a lot of people are still confused when it comes to bookkeeping vs accounting. At LYFE Accounting, we’ve helped companies with their bookkeeping and accounting processes. Why do I need them?

bookkeeping 52

bookkeeping Account accountant accounted 52

Pooley Accounting Services

OCTOBER 7, 2021

A 2020 survey found that construction businesses blame delays on:: Change orders (62%), Weather (60%), Poor project coordination (54%), Delayed payments (12%). By following these four best accounting practices, contractors can achieve more than a 28% success rate. With this method, taxes are paid based on when cash is received.

Account 52

Account accountant accounted Construction 52

LyfeAccounting

FEBRUARY 14, 2021

A CPA is a Certified Public Accountant. And by the way, an accountant is someone who is responsible for recording and interpreting financial information. CPAs are in the top-tier of accountants. There is no higher designation in the finance or accounting industry than the CPA license. In one word – business.

CPA 52

CPA cpas bookkeeping tax preparation 52

xendoo

MARCH 18, 2021

Accountant? Which one does your business need, or does it need all three of them? Staying on top of your business’s finances is key for a small business owner, but you may need more than day-to-day bookkeeping. CPA act as consultants on many issues, including taxes and accounting. Bookkeeper?

CPA 52

CPA bookkeeping tax return cpas 52

LyfeAccounting

MARCH 10, 2021

CPA services are accounting services that are provided by a Certified Public Accountant, also known as a CPA. Most CPAs have Master’s Degrees in Business or Accounting with at least a few years of experience under a CPA. Compilations are basically financial statements that are prepared by an outside accountant.

CPA 52

CPA cpas bookkeeping tax preparation 52

ThomsonReuters

FEBRUARY 8, 2022

When you seek to win new tax clients, it’s best to start at the beginning. With so many generations in need of tax and accounting services in the market today, it can be a challenge to discover what a client truly wants or needs, or how they want to connect with you. That’s the first step to winning new business.

Tax 105

Tax Entertainment payroll bookkeeping 105

LyfeAccounting

MARCH 16, 2021

Remember, if you need more guidance with your business tax preparation , tax planning , or tax filing, LYFE Accounting got you covered. We offer various tax services so be sure to get in touch with us today at 470-240-1437. The post NEW Tax Deduction: Business Meals are 100% Deductible in 2021!

Tax 52

Tax Entertainment tax return tax preparation 52

Steve Feinberg

NOVEMBER 30, 2022

Bookkeeping for remodeling contractors depends on a wide spectrum of details, some of which busy contractors simply don’t have the time or the necessary experience to account for. Even the most skilled construction experts and contractors need to have some idea of the business practices that make for accurate, efficient bookkeeping.

bookkeeping 52

bookkeeping Construction New Hampshire payroll 52

LyfeAccounting

JUNE 9, 2021

You find yourself stuck staring at your Robinhood account with two choices: you can sell now to make the pain stop, or. If you want more tips on how to save on your taxes, then go ahead and subscribe to our newsletter. you can hold knowing the future is uncertain. Talk to us today!

Tax 59

Tax tax preparation Sales accounting and finance 59

xendoo

MAY 9, 2021

S Corp status is great for small businesses because you have the LLC protection from losses beyond your capital investments, while still providing you with the flow-through taxation. As an LLC owner, you could lose everything you have invested in the business, but your personal home, bank account, and other assets are protected.

tax return 52

tax return Tax tax consultant Legal 52

LyfeAccounting

MAY 21, 2021

And, specific accounting advice should come from your contact attorney or CPA. So let’s go ahead and dive into the biggest tax write offs for LLC businesses. 12 Biggest Tax Write Offs For LLC Businesses. Luckily, you can write off the interest charges on both business loans and credit cards. Cost of Goods.

Tax 98

Tax Legal tax planning accounting and finance 98

Pooley Accounting Services

MARCH 10, 2022

When you first started your business, bookkeeping was 15 minutes at the end of the day. When tax time came around, you sent the drawer of receipts and the spreadsheet to your accountant. As the business grew, you had less time for bookkeeping, but more of it to do. Maintaining these accounts is essential for tax purposes.

quickbooks 52

quickbooks bookkeeping financial statements accounts payable 52

LyfeAccounting

JULY 2, 2021

Direct Deposit Accounts Don’t Match Up. When your bank account does not match the information on your return, your refund is sure to be delayed. Common mistakes include ownership of the bank account not matching with the filling status or name on the return, and mistakes in routing and account numbers.

Tax 52

Tax tax return accounting and finance tax preparation 52

LyfeAccounting

MAY 18, 2021

Well, this post will highlight some of the things that you should NOT do as a new business owner or business owner, in general. 7 Tax Mistakes Business Owners Make. Tax Mistake #1: Not having a separate bank account. O r else, their business is at risk of being shut down. Tax Mistake #5: Filing late.

Tax 52

Tax tax return accounting and finance Real Estate 52

LyfeAccounting

JUNE 18, 2021

But once you do, you’ll be able to access your IRS account online and perform different activities like verifying your identity with them. If you’re unable to access your online account, then you would need to call the IRS directly and the agent may be able to verify your identity over the phone.

Tax 52

Tax tax return tax preparation accounting and finance 52

LyfeAccounting

JUNE 17, 2021

Bank account information (if you have one). You just want to start creating an accounting and putting in all your information. So we hope this was a helpful child tax credit portal update for everyone. Again, for your tax planning , tax preparation , and tax resolution needs, our LYFE savers are always ready to help.

Tax 52

Tax tax return Maine tax preparation 52

LyfeAccounting

JANUARY 30, 2021

On the other hand, if you’ve paid very little attention to some of the tax changes or programs then you’ve got a lot to catch up on. Regardless of where you are our team at, LYFE Accounting specializes in business tax returns and we’re ready to help you this year. Contact us today!

Tax 52

Tax tax return bookkeeping bookkeeping services 52

LyfeAccounting

JANUARY 14, 2021

If you are self-employed, congratulations, you now have to make tax payments every quarter of the year or Uncle Sam will pay you a visit to drop off interest and penalties. I myself have to pay quarterly tax payments and here at LYFE Accounting, we help business owners pay theirs. But don’t worry. Let us help you too!

Tax 52

Tax accounting and finance tax preparation income tax 52

LyfeAccounting

JUNE 4, 2021

Here at LYFE Accounting, not only do we help people pay themselves correctly as an LLC… …but we’ve also started one of the fastest-growing LLCs according to Inc Magazine and the financial times in 2021. You are simply transferring money from your business to your personal bank account. Only employees are paid wages.

CPA 52

CPA income tax Tax accounting and finance 52

LyfeAccounting

DECEMBER 7, 2020

?. Today, we’re going to be deep-diving into US payroll taxes. And after helping hundreds of businesses with their accounting and taxes, we know a thing or two about it. However, if you need help with your business taxes, LYFE Accounting is just one click away. Contact us now at 470-240-1437.

payroll tax 52

payroll tax payroll Tax income tax 52

LyfeAccounting

OCTOBER 29, 2020

A complete overview of tax on stocks. And if you need any help with your tax preparation , tax planning , or if you want to consult a tax expert , our team here in LYFE Accounting got your back. Simply click this link to get started today.

Tax 52

Tax income tax tax preparation accounting and finance 52

LyfeAccounting

JULY 16, 2021

It might be difficult to know on your own if you fall into these categories, so make sure to confirm with your tax preparer if you need to file an amended return. We hope you found this post helpful to better understand what is going on with your money and tax refunds.

Tax 52

Tax tax return tax preparation income tax 52

LyfeAccounting

APRIL 27, 2021

Well, if you need help with your business tax planning and tax preparation to make sure you’re not paying more than you need to, then get in touch with us today. The post Why a Big Tax Refund is Not a Good Thing appeared first on Small Business Accounting & Finance Blog.

Tax 52

Tax income tax tax return accounting and finance 52

LyfeAccounting

JUNE 2, 2021

Want to Know How to File an Amended Tax Return? As an accounting firm, we’ve filed our fair share of amended tax returns. In today’s post, we’ll be going over when to amend your taxes and the 5 steps to actually amend your taxes. A complete guide to amending your tax return. Let’s dive right in!

tax return 52

tax return Tax accounting and finance tax preparation 52

LyfeAccounting

OCTOBER 21, 2020

Tax Deductible Categories. When you’re starting and operating your business, you’re likely going to need some help. an accountant. Thankfully, these expenses (and the rest on this list) can be deducted from your revenue- tax free, which again could be saving up to $37 for every $100 dollars that you spend.

business tax 52

business tax Tax tax return Education 52

LyfeAccounting

APRIL 28, 2021

And if want real savings from your taxes, our tax planning , and tax preparation services is just what you need. The post Vehicle Tax Deduction: 8 Cars You Can Get Basically for Free appeared first on Small Business Accounting & Finance Blog. You will end up with a big loss.

Tax 52

Tax tax preparation Start-ups small business accounting 52

LyfeAccounting

APRIL 22, 2021

For instance, in Georgia alone, where LYFE Accounting is headquartered, the State provides an enormous amount of credits to help and encourage entrepreneurs to start a business and create jobs. In fact, Georgia even publishes an annual 20-page brochure with all of the reasons to start a business here. And we don’t blame them.

Tax 52

Tax Virginia Georgia income tax 52