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The R&D Tax Credit and Payroll-Tax Offset Swirl: It’s A Tax Treat for Qualified Small Businesses

inDinero Tax Tips

If that sounds like your business, the R&D tax credit and the payroll tax offset should absolutely be part of your tax strategy. Follow along for a brief R&D credit breakdown and how it and the payroll offset work together like a perfect chocolate and vanilla swirl. What is the Payroll Tax Offset?

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Fraud Makes Headway Via ‘Payroll Diversion’

PYMNTS

In terms of fraud done digitally, one firm, Agari, has estimated that “payroll diversion” is “ramping up,” where HR administrators are being duped into sending payroll funds to fraudsters’ accounts.

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Strong Businesses, Strong Strategic Partnerships

Basis 365

Financial Accounting Team: A dedicated accounting team is essential for daily bookkeeping, bill payment processing, payroll, sales invoicing, and financial statement preparation. Below, weve outlined key strategic partners every business should consider.

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Nonprofit 990 Tax Compliance: Navigating Challenges with an Enrolled Agent

MyIRSRelief

Common 990 Compliance Issues: preparation & planning Misclassification of volunteers as employees, leading to potential payroll tax liabilities. Improper reporting of reimbursements under accountable plans, as outlined in IRC Section 62(c). Do we need to worry about payroll taxes? and foreign tax laws.

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Top Remote Accountants of the Week | February 13, 2025

Going Concern

TAX AND ACCOUNTING CANDIDATES FTE Senior Tax and Accounting | Candidate ID#23814240 Certifications: CPA Education: BA, MA Financial Accounting Experience (years): 15+ years accounting experience Work experience (detail): 3+ in public accounting Accounting, payroll and tax filing with 40+ clients Client advisory, tax planning, financial review Prepares (..)

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Commingling Funds: How to Address the Problem and Avoid It in the Future

inDinero Tax Tips

Fringe Benefits The most straightforward practice is to amend your payroll reports and recategorize the commingled purchase as fringe benefit compensation. In other words, making personal purchases (like a haircut) on a business account is no problem if you include the spending in your payroll as a fringe benefit.

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3 Ways Retirees Can Make Money From Home

CPA Practice

Bookkeeping Bookkeepers manage business aspects such as financial accounts and payroll for companies. Bookkeepers are excellent with organized and detailed work and math and computer programs like Excel, QuickBooks and other accounting software,” Brie Reynolds, a career coach at FlexJobs career, told U.S.