Remove accounting online Remove business accounting Remove Legal
article thumbnail

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

xendoo

For this example, we are going to assume that you have decided to purchase $2,000 worth of inventory for your business. This purchase is going to be made with cash out of the business account. . The debit is going to be placed in the inventory account because it is being increased (you have added to your inventory).

article thumbnail

New Update: Tax Refund Delays Due to Fraud!

LyfeAccounting

In many cases, you will be given the option to verify your identity online at irs.gov using Secure Access. But once you do, you’ll be able to access your IRS account online and perform different activities like verifying your identity with them. Interest is paid at the legally prescribed rate and is adjusted quarterly.

Tax 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Best business banks of 2023

xendoo

Pros Cons Physical locations in over 40 states High monthly fees and other costs You can open an account online No free checking accounts 2. Chase Best for: Companies of all sizes that want a wide range of business and personal financial services (checking, savings, financing, mortgage, etc.)

article thumbnail

Frequently Asked Questions About GST/HST By Business Owners

Ronika Khanna CPA,CA

Your GST/HST returns can be filed directly through a business bank account , online through CRA my business account or by completing a paper form and mailing it in along with a cheque or paying directly at a bank. How do you file your GST/HST returns? What is PST and how is it different from GST/HST?