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Year-End Bookkeeping and Accounting Checklist for Small Business Owners

xendoo

Form W-2 is used by business owners to report salary information for their employees, as well as the taxes that are withheld from their paychecks. Employees need this information to file their personal tax returns. . CPAs provide the Schedule K-1. Business owners are responsible for sending this form to the IRS.

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What happens if you get audited and don’t have receipts?

xendoo

Also, Xendoo’s bookkeepers and CPAs have years of experience managing business record keeping. Receipts businesses should keep What happens if you get audited and don’t have receipts What to do when you don’t have receipts How bookkeeping and tax services help Why do businesses need receipts?

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article thumbnail

What happens if you get audited and don’t have receipts?

xendoo

Also, Xendoo’s bookkeepers and CPAs have years of experience managing business record keeping. Receipts businesses should keep What happens if you get audited and don’t have receipts What to do when you don’t have receipts How bookkeeping and tax services help Why do businesses need receipts?

audit 52
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8 Benefits of Online Bookkeeping

xendoo

The data you receive from an online bookkeeper can even help you plan for the future, which can be helpful when it comes to tasks like managing your inventory and looking for ways to expand your business. Select plans include provisions for tax returns and consulting, which can be invaluable for businesses of any size.