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IRS to Host Virtual Focus Groups on the Business Tax Account Online Tool

CPA Practice

22 that it’s conducting virtual focus groups starting in December to gather feedback on the business tax account (BTA) online self-service tool. “We We are looking for comments and suggestions from stakeholders who will use the BTA online platform,” the IRS said. The agency said in an email on Nov.

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Lili Launches Lili Connect for Small Business Financial Management

CPA Practice

Additionally, while many traditional banks typically have long, cumbersome account opening processes for small business owners, now partner companies can utilize Lili’s embedded application process to help their customers open dedicated business banking accounts online, often within minutes, setting them up for financial success. “Financial management (..)

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Tax Changes for Payment Apps: What Small Business Owners Need to Know

xendoo

Online Bookkeeping : Tax savings begin with consistent bookkeeping, which provides the financial visibility needed to make informed, data-driven decisions, now and during tax season. . They are available when you need them, all year long. .

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Quadient Integrates with Xero for Automated SMB Accounting

CPA Practice

Xero integrates with Quadient’s Accounts Payable (AP) capabilities to fully automate and streamline accounting processes. million subscribers worldwide to run their business accounting online and in one place. Xero helps 3.95

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How Do I Pay Myself and My Taxes as an S-Corporation?

xendoo

To minimize error and maximize tax savings, partner with an online Tax CPA at Xendoo. If your company has multiple shareholders, each of them must sign and submit this form as well. Once approved by the IRS, you will file your S-Corporation taxes using Form 1120S. . What are the Tax Advantages of Filing as an S-Corporation? .

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How Do I Pay Myself and My Taxes as a Partnership?

xendoo

Talk to a small business CPA at Xendoo. We provide online accounting for partnerships , as well as online bookkeeping services so you can stay tax-ready all year long. In this situation, profits and losses are only taxed at the personal level, which allows partnerships to avoid double taxation. . Xendoo is Here for You.

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

xendoo

Your online Tax CPA takes care of filing your Schedule C that goes along with your personal tax return to itemize business deductions. As of right now, the self-employment tax rate is 15.3%. So, how can you maximize your tax savings? Business tax preparation and filings are included with almost all of our packages!

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