CPA Practice

OCTOBER 18, 2023

One crucial factor to consider when selecting your business location is the tax environment. Business taxes can significantly impact your bottom line and overall profitability. The importance of business taxes As an entrepreneur, you face countless decisions when starting a business.

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Withum

OCTOBER 3, 2024

The IRS issued a news release providing tax relief for taxpayers affected by Hurricane Helene. This includes the entire states of Alabama, Georgia, North Carolina, and South Carolina, 41 counties in Florida, eight counties in Tennessee, and six counties and one city in Virginia.

South Carolina 130

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CPA Practice

SEPTEMBER 1, 2023

The Internal Revenue Service today announced tax relief for individuals and businesses affected by Idalia in parts of Florida. 15, 2024, to file various federal individual and business tax returns and make tax payments. Quarterly estimated income tax payments normally due on Sept.

Tax 119

Tax income tax tax return payroll 119

Snyder

JUNE 9, 2022

For e-commerce business owners, income tax filing season marks the start of a highly stressful time. Among the taxes that e-commerce businesses need to file, income tax is the most common one. What is income tax? How does income tax work? Who has to file income tax?

income tax 52

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Withum

SEPTEMBER 1, 2023

On August 30, 2023, the IRS announced relief from certain tax filing and payment deadlines for individuals and businesses in parts of Florida that were affected by Hurricane Idalia. 46 of Florida’s 67 counties were mentioned in the News Release, but others have been added since then. 15, 2023, and Jan. 31, 2023, and Jan.

Tax 98

Tax tax return Florida payroll 98

CPA Practice

SEPTEMBER 13, 2023

The Internal Revenue Service today announced tax relief for individuals and businesses affected by Idalia in 28 of the state’s 159 counties in Georgia. 15, 2024, to file various federal individual and business tax returns and make tax payments. Quarterly estimated income tax payments normally due on Sept.

Georgia 105

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xendoo

JANUARY 16, 2023

Filing taxes as a small business owner can be complex, with numerous factors to consider. From tax law revisions to the overwhelming number of forms, understanding your small business tax rate and how to file can be difficult. Your business entity type and preferred filing status will also affect your tax rate.

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inDinero Tax Tips

MARCH 13, 2023

If you receive $200,000 as an S corp employee, you’ll only pay payroll taxes on what you decide is a reasonable salary, say $120,000. The remaining $80,000 will be subject to income tax but not Social Security. For instance, in states like Florida, you will not pay state income tax on profits earned through an S corp.

income tax 52

income tax Non-Profits payroll tax Tax 52

inDinero Tax Tips

MARCH 13, 2023

If you receive $200,000 as an S corp employee, you’ll only pay payroll taxes on what you decide is a reasonable salary, say $120,000. The remaining $80,000 will be subject to income tax but not Social Security. For instance, in states like Florida, you will not pay state income tax on profits earned through an S corp.

income tax 52

income tax Non-Profits payroll tax Tax 52

ThomsonReuters

OCTOBER 20, 2020

The results of the Checkpoint Catalyst Survey of States’ Approach to Temporary Telecommuting survey show that the business tax consequences of COVID-19 telecommuting for companies large and small are unclear in most states. Differing considerations from COVID-19 uncertainty around sales and use tax nexus and income tax nexus.

South Dakota 40

South Dakota Sales Tax Rhode Island 40

CPA Practice

OCTOBER 11, 2024

Because of hurricanes Debby, Helene, and, most recently, Milton, all taxpayers in Florida now have until May 2025 to file individual and business tax returns and make tax payments, the IRS announced on Friday. 9 and crossed through Florida during the morning of Oct. For details, see the Florida page on IRS.gov.

Florida 137

Florida Tax tax return payroll 137

Withum

NOVEMBER 6, 2024

Incorrect tax withholding: W-2 forms require withholding of federal income tax, Social Security, and Medicare taxes. Partners, however, pay self-employment taxes and are responsible for their own tax payments through estimated tax payments. S&S”) has two offices, New York and Florida.

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payroll tax Florida New York payroll 72

Going Concern

FEBRUARY 3, 2025

LLP , “a well-established accounting and advisory firm with deep roots in Georgia and Florida.” ” Said Fred Massanova, Baker Tillys chief growth officer and managing principal Eastern U.S., “The Southeast is a vital region for businesses of all sizes. Baruch came in second, University of Florida third.

accounted 52

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Withum

JANUARY 30, 2025

Federal tax reform will include the extension of tax provisions provided under the Tax Cuts and Jobs Act that are set to expire on Dec. If federal tax reform cannot be passed, the vast majority of individual and private businesses federal income taxes will significantly increase.

Tax 85

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