Remove accounted Remove accounting online Remove Legal Remove online accounting
article thumbnail

How Do I Pay Myself and My Taxes as a Sole Proprietor?

xendoo

Once you decide on an amount to take (more on that in a moment), it can be transferred from your business bank account to your personal account. The business name will default to your legal name unless you file a DBA (doing business as), which allows you to operate under a different name. Get started with a free trial.

Tax 95
article thumbnail

Xendoo vs. Bench: Comparing Online Bookkeeping Services for Small Business Owners

xendoo

In order to save their time and sanity, many partner with an online bookkeeping and accounting team. There are many options available, ranging from traditional CPAs to tech-savvy online providers. Today, we will take a look at two popular options: Xendoo Online Bookkeeping and Bench. Online bookkeeping and tax services .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Do I Pay Myself and My Taxes as a C-Corporation?

xendoo

As they juggle increasing sales, customer service, marketing, and even bookkeeping and accounting , two questions come to mind – how do I pay myself? C-Corporations are considered separate legal entities from their owners. Discuss your options with an online C-Corporation accountant at Xendoo today! .

Tax 52
article thumbnail

Best business banks of 2023

xendoo

Business bank accounts have different terms and benefits than personal accounts. As an online accounting service , Xendoo works with many companies and business banking services. You can share view-only access to your bank statements with bookkeepers, accountants, and other trusted financial partners.

article thumbnail

New Update: Tax Refund Delays Due to Fraud!

LyfeAccounting

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
article thumbnail

Four Signs it is Time to Hire an Online Bookkeeper

xendoo

Let Xendoo’s expert online bookkeeping and tax team handle the hassles so you can have more time for what you love! This post is intended to be used for informational purposes only and does not constitute as legal, business, or tax advice. Schedule your free consultation today!

article thumbnail

How Franchisors Can Build a Strong Item 19

xendoo

But, like many small business owners, they juggle countless responsibilities, may not understand the complexities of accounting, and bookkeeping understandably falls by the wayside. . All of it needs to be properly recorded in accounting software so monthly reports can be produced. An Expert Team. The Necessary Resources .