PYMNTS

FEBRUARY 23, 2020

The deal will push the bookkeeping software giant more into the realm of consumer finance, people familiar with the deal said. Intuit is known for making online tax filing service TurboTax, which is used by millions of people. Users also receive offers from companies for credit cards and loans, tailored to their credit history.

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xendoo

SEPTEMBER 10, 2021

As a small business owner, your time is best spent on the revenue-generating features of your business— not hunched over a computer screen scrolling through QuickBooks! . Thankfully, a reliable bookkeeping solution is just a click away. What should you look for in an accounting or bookkeeping service? Financial statements .

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xendoo

AUGUST 9, 2021

It is also necessary to meet government regulations and for proper tax preparation. Finally, good business bookkeeping provides data so you can use it to analyze financial trends, costs, profits, and more. . An online bookkeeping service can help you manage: . Corporate tax preparation . Tax preparation services.

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xendoo

AUGUST 3, 2021

Bookkeeping is the make-or-break factor for a business, sometimes determining the success or failure of a company. Accurate and timely bookkeeping allows you to make sound decisions for the strategic planning of your business. It makes tax time a breeze and ensures that you’re ready if the IRS ever audits your company. .

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xendoo

MARCH 18, 2021

A skilled accountant will keep you tax compliant and ensure that you’re always in-the-know and focused on the big picture when it comes to your financials. Thankfully in 2021, there are many affordable online accounting software options available for small business accounting. . Or the interest!?) .

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Shay CPA

FEBRUARY 15, 2023

Don’t shoot the messenger: it’s time to do your taxes. Plus, getting things in order before you go to your accountant can streamline the process, helping you avoid extra expenses like troubleshooting services from your bookkeeper or rush-order billable hours with your CPA. Very few founders enjoy doing their taxes.

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Shay CPA

FEBRUARY 28, 2024

Don’t shoot the messenger: it’s time to do your taxes. Plus, getting things in order before you go to your accountant can streamline the process, helping you avoid extra expenses like troubleshooting services from your bookkeeper or rush-order billable hours with your CPA. Very few founders enjoy doing their taxes.

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PYMNTS

FEBRUARY 24, 2020

The bookkeeping software titan will now add the personal credit score website to its roster among other names like Quickbooks, TurboTax and more. Intuit closed a deal to buy Credit Karma for a price tag of $7.1 billion on Monday (Feb. 24), according to published reports. The company is now worth more than $74 billion.

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Steve Feinberg

SEPTEMBER 7, 2023

Accurate bookkeeping also ensures that you are compliant with tax regulations. Not only is it required by law, but proper tax compliance ensures that your business avoids penalties and maximizes tax returns and deductions. Bookkeeping software can help you automate payroll and streamline the entire process.

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Ryan Lazanis

APRIL 4, 2022

4) If you provide tax preparation services, they’re a great way to avoid a crazy tax season. A hectic tax filing season exists because many accounting firms don’t have enough money coming in throughout the year, so they have to jam as many tax returns as possible into a short tax season just to bring in additional revenues.

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Basis 365

FEBRUARY 8, 2023

Outsourced bookkeepers often charge per hour or by task. Companies can't do it all alone, so they need to buy QuickBooks and more advanced bookkeeping software. However, these tools will be familiar to professionals who are experts in bookkeeping. Additional assistance is available when tax season approaches.

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Shay CPA

JUNE 12, 2024

Setting up a bookkeeping software (something like QuickBooks Online or Xero) and connecting all relevant accounts to it automates your tracking. 2: Develop and stick to a schedule While a good bookkeeping software makes life a lot easier here, you still need to stay involved in your financial details.

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xendoo

FEBRUARY 24, 2021

There are different types of bookkeeping services for small businesses. You can handle it all yourself, utilizing software like Quickbooks and Xero; hire a part-time small business bookkeeper; or opt for a full-service bookkeeping service like Xendoo that can handle it all for you. .

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xendoo

MARCH 16, 2022

Here’s why: It will make it easier to file taxes for your business (since they are separate from your personal accounts). Your accountants and bookkeepers can monitor the account more freely. It is recommended that you set aside and save at least 30% of your total income for taxes. Previous tax returns .

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Nancy McClelland, LLC

DECEMBER 26, 2023

So, keep in mind that a company can be an LLC but be taxed as a corporation. Here’s an example of a W-9 showing an LLC that is taxed as an S-Corp: This is one of many reasons you should collect Form W-9 from all service vendors before giving them their first check, just to be safe.

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Snyder

NOVEMBER 4, 2022

It helps keep track of all this data so that it can be used when tax season rolls around in April every year! If you want to simply automate your accounting processes, you don’t need a whole new system, and you might begin with small, incremental changes like single-entry bookkeeping software or a timekeeping app.

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Nancy McClelland, LLC

DECEMBER 26, 2023

So, keep in mind that a company can be an LLC but be taxed as a corporation. Here’s an example of a W-9 showing an LLC that is taxed as an S-Corp: This is one of many reasons you should collect Form W-9 from all service vendors before giving them their first check, just to be safe.

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Ryan Lazanis

SEPTEMBER 27, 2023

Options for Outsourced Bookkeeping for CPAs TOA Global TOA Global is one of the leaders in the accounting “outsourcing” (in quotes, because technically they offshore) world and they are quite popular with a lot of virtual firms. In fact, you often see them at conferences like Xerocon and QuickBooks Connect.

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