BurklandAssociates

MAY 14, 2024

Staying on top of corporate taxes, payroll taxes, sales tax, and other tax obligations is a vital aspect of running a successful startup. The post Taxes for Early-Stage Startups: What Do I Have to Pay? appeared first on Burkland.

payroll tax 162

payroll tax Tax corporation tax payroll 162

TaxConnex

JUNE 18, 2024

States were as eager in 2018 for more tax revenue as they have been since, and they soon set individual economic nexus triggers according to in-state sales, revenue or both ($250,000 per year in sales in a state, for example, or 200 or more separate transactions). Why isn’t there a national sales tax, anyway?

South Dakota 214

South Dakota North Dakota Sales Alabama 214

inDinero Tax Tips

MAY 21, 2021

If that sounds like your business, the R&D tax credit and the payroll tax offset should absolutely be part of your tax strategy. The R&D tax credit wasn’t always available to small businesses. Until 2015, the credit had been subject to renewal by Congress, making it less reliable as a tax strategy.

payroll tax 94

payroll tax payroll Tax income tax 94

Bharmal&Associates

OCTOBER 23, 2020

Sales representative. The S corporation’s payment or reimbursement of health insurance for the shareholder-employee and his or her family goes on the shareholder-employee’s W-2 and counts as compensation, but it’s not subject to payroll taxes, so it fits nicely into the payroll tax savings strategy for the S corporation owner.

payroll tax 147

payroll tax payroll income tax cpas 147

CPA Practice

MAY 24, 2023

in unpaid sales and payroll taxes. The unpaid taxes had been accumulating for over a year. On May 16, the Colorado Department of Revenue posted big notices on the doors of the company’s headquarters and its three remaining restaurants announcing an asset seizure to recoup $328,592.34

Colorado 52

Colorado payroll tax payroll Sales 52

Anders CPA

JANUARY 7, 2025

In 2025, there are several updates to various payroll tax withholding limits, including Social Security tax and 401(k) elective deferrals. Below, we highlight any payroll tax and withholding updates or consistencies for 2025 that employers and employees should be aware of.

payroll tax 52

payroll tax payroll Missouri Tax 52

LyfeAccounting

NOVEMBER 17, 2020

I mean…there’s federal taxes, state taxes, sales taxes, Medicare taxes, social security, unemployment, and so on. As a business owner, understanding how to navigate taxes can be extremely overwhelming. I missed payroll tax filing deadlines that cost me thousands of dollars.

income tax 52

income tax payroll tax payroll Tax 52

Patriot Software

NOVEMBER 21, 2022

Employee discount programs for small business come with several business benefits, like increased retention and sales. Or, looking for an employee benefit that’s appealing to new hires? You may consider offering employee discounts. But before offering them, understand what qualifies as an employee discount and whether […] READ MORE.

Sales 98

Sales Sports payroll tax payroll 98

CPA Practice

AUGUST 2, 2024

ITEP estimated tax payments including sales and excise taxes, property taxes paid directly or on taxes folded into rent payments, and payroll taxes, which are paid either through paycheck withholding or filing income tax returns.

Tax 119

Tax payroll tax New York California 119

MyIRSRelief

MAY 15, 2024

Handling Volunteer Labor and Related Issues Nonprofits often utilize volunteers, but this can lead to tax-related complexities, particularly concerning reimbursement and compensation. Common 990 Compliance Issues: preparation & planning Misclassification of volunteers as employees, leading to potential payroll tax liabilities.

Tax 130

Tax payroll tax payroll tax preparation 130

Going Concern

JANUARY 9, 2025

PT Tax Freelance | Candidate ID #F-23566036 Certifications: QBO, Annual Filing Seasonal Preparer Certification Education: BA Tax Experience: 10 years Previously held a seasonal tax position: Yes Experienced in individual and business returns: Both Experienced in return preparation and/or review: Preparation Other special expertise or skills: Bookkeeping, (..)

Real Estate 52

Real Estate accountant accounted Account 52

MyIRSRelief

OCTOBER 3, 2022

According to the IRS, in 2019, Los Angeles county residents had 4,806,030 total 1040 tax returns. The minimum combined 2022 sales tax rate for Los Angeles County, California is 10.25%. This is the total of state and county sales tax rates. The California state sales tax rate is currently 6%.

tax services 147

tax services California Tax tax preparation 147

CPA Practice

JULY 3, 2024

Economic Nexus is achieved when a business reaches certain sales thresholds in a state, even if it does not have a physical presence. Most states require businesses to collect and remit sales tax if they exceed $100,000 in sales or 200 transactions annually in that state.

cpas 85

cpas payroll tax accountant Account 85

Going Concern

DECEMBER 20, 2024

PT Tax Freelance | Candidate ID #F-23566036 Certifications: QBO, Annual Filing Seasonal Preparer Certification Education: BA Tax Experience: 10 years Previously held a seasonal tax position: Yes Experienced in individual and business returns: Both Experienced in return preparation and/or review: Preparation Other special expertise or skills: Bookkeeping, (..)

Real Estate 52

Real Estate accountant accounted Account 52

MyIRSRelief

SEPTEMBER 6, 2024

Additionally, you must pay the employer’s share of Social Security and Medicare taxes, as well as federal unemployment tax. Sales Tax: Depending on your location and the nature of your business, you may be required to collect and remit sales tax on the goods and services you sell.

Tax 130

Tax tax return bookkeeping tax preparation 130

CPA Practice

JANUARY 17, 2023

Wayfair case in 2018, expanding a business to make sales in another state establishes economic nexus for your clients and extends their compliance requirements. Sales tax regulations and economic thresholds vary by state, so ensure your client knows what is expected. Paying Employees in Another State.

South Dakota 111

South Dakota income tax Legal payroll tax 111

MyIRSRelief

JANUARY 6, 2020

Today, federal, state and local taxes add up to nearly 25% of the US Gross National Product, so they’re pretty adamant that you pay up. You have to pay taxes on income, payroll, sales, capital gains, property you own, dividends, goods you import, estates and gifts, and some fees. You’re facing Tax Liens or Levies.

Tax 100

Tax payroll tax audit tax return 100

MyIRSRelief

DECEMBER 6, 2024

This expertise is particularly valuable in a city like Los Angeles, where the stakes can be highwhether its a celebrity facing an audit or a small business owner juggling payroll taxes in the shadow of Universal Studios Hollywood.

tax services 130

tax services Tax audit California 130

CPA Practice

OCTOBER 29, 2024

To meet these more complex needs, several new payroll capabilities within QuickBooks Online Payroll are launching: Automated tax withdrawals: When automated taxes are enabled, QuickBooks Online Payroll now calculates and withdraws payroll tax liabilities as they increase, such as at the time of a payroll run, and pays agencies when taxes are due.

Technology 105

Technology quickbooks bookkeeping payroll 105

Going Concern

JANUARY 2, 2025

PT Tax Freelance | Candidate ID #F-23566036 Certifications: QBO, Annual Filing Seasonal Preparer Certification Education: BA Tax Experience: 10 years Previously held a seasonal tax position: Yes Experienced in individual and business returns: Both Experienced in return preparation and/or review: Preparation Other special expertise or skills: Bookkeeping, (..)

Real Estate 52

Real Estate accountant accounted Account 52

MyIRSRelief

APRIL 29, 2024

Tax specialists familiar with R&D tax credits, stock options, and angel investor regulations are key for tech businesses to navigate their unique financial landscape. Understanding sales tax regulations, occupancy taxes, and fluctuating seasonal income is essential for these businesses.

Tax 130

Tax bookkeeping Entertainment accountant 130

SMBAccountant

MAY 17, 2024

Establish a system for collecting and remitting sales tax if required. Each state and locality have different laws on sales tax, when it’s charged, and how much it is. Compliance with payroll tax requirements can also depend on both your location and your company’s.

accounting software 130

accounting software Legal tax return financial statements 130

Withum

SEPTEMBER 17, 2024

As part of this initiative, the IRS will focus on businesses with a high probability of worker misclassification, particularly those with annual sales over $500,000 and those not shielded by Section 530 of the Revenue Act of 1978.

Legal 105

Legal payroll tax audit Tax 105

Ronika Khanna CPA,CA

APRIL 26, 2024

Business tax instalment payments (including GST-QST instalments ) This means that instead of entering the data on the forms that are available via my business account at CRA and RQ and then going to your bank to make payment, either online or via mail, it can all be done at one time through one form that serves as both tax filing and payment.

corporation tax 57

corporation tax payroll Tax Sales 57

Basis 365

MARCH 6, 2023

Increased Focus on Core Business Operations When you outsource your accounting tasks, you can focus on your core business operations, such as sales, marketing, and product development. By outsourcing, you no longer have to spend time and resources on financial tasks, such as bookkeeping, payroll, and tax preparation.

tax preparation 101

tax preparation accountant Account accounted 101

Accounting Seed

NOVEMBER 21, 2024

Understanding accounting needs for nonprofits Bookkeeping, grant funding, payroll, taxes, audits—these are just some of the most common challenges that nonprofit organizations face on a regular basis. Sales Cloud, Revenue Cloud, or Service Cloud).

accounting software 59

accounting software AP Automation accountant Account 59

Ronika Khanna CPA,CA

OCTOBER 18, 2024

Rather, you’re responsible for calculating and paying your taxes, which includes both income tax and for those of you who are registered, sales taxes. You can calculate your approximate taxes owing by using a tax calculator.

income tax 52

income tax accounting and finance Tax payroll tax 52

Going Concern

JANUARY 17, 2025

Insurance, Beverage, Professional Services, Medical Practices Tech Stack: TaxSlayer, UltraTax Remote Work Experience: Y Salary: $75-$85k Timezone: Eastern Sign up for FREE to learn more about this candidate FTE Tax Senior / Manager | Candidate ID #5306426 Certifications: IRS CCA, CPA CA Education: BA Accounting, MS Accountancy Experience (years): (..)

Real Estate 52

Real Estate accountant accounted Account 52

CPA Practice

APRIL 28, 2023

Like salaried wages, tips are subject to income and payroll taxes. Waiters, for instance, are technically required to report tips to their employer, who then withholds and pays the proper taxes. By Nick Hawkins, Inc. TNS) For the past two decades, tipped employees have had the responsibility of reporting their tips to the IRS.

Georgia 126

Georgia payroll tax payroll Education 126

Going Concern

AUGUST 29, 2024

ACCOUNTING CANDIDATES FTE Accounting | Candidate ID #22164759 Certifications: CPA in process Education: BA and MA Accounting Experience (years): 20 years business experience Work experience (detail): 6+ in public accounting Provides accounting services for multiple clients Payroll processing and tax filing Prepares Federal filings for SMBs, S-Corps (..)

Real Estate 105

Real Estate accountant accounted Account 105

inDinero Accounting

DECEMBER 13, 2021

If you’ve been tracking your expenses and logging sales into Excel Sheets without issue, you may be wondering why you need accounting software. Beyond that, most accounting softwares offer many additional features including, but not limited to, payroll, tax filing, and inventory tracking. Benefits of Accounting Software.

NetSuite 100

NetSuite accounting software quickbooks accountant 100

CPA Practice

APRIL 12, 2023

Resolving Payroll Tax and Reasonable Compensation Issues – These are so common, especially among S-corp businesses but they can be a terrible headache. Appeals – You can also represent clients during appeals which can also be highly lucrative. One that you can help to relieve.

accountant 116

accountant Account accounted forensic accounting 116

Going Concern

NOVEMBER 21, 2024

TAX CANDIDATES FTE Senior Tax Accountant | Candidate ID #23560436 Certifications: EA in process Education: BBA Accounting Experience (years): 7+ years in public accounting Work experience (detail): Tax manager with a CPA firm Client account clean up Prepared 500+ returns in 2024 tax season Reviewed 200+ returns Client niches: Manufacturing, Hospitality, (..)

Real Estate 52

Real Estate accountant accounted Account 52

Cherry Bekaert

MAY 11, 2023

Utilize government programs available to obtain cash, such as the Employee Retention Credit or Research and Developments Tax Credits. Some states have a refundable credit or utilize federal credits to reduce payroll taxes if certain criteria are met.

Technology 98

Technology Non-Profits payroll tax payroll 98

inDinero Accounting

JUNE 29, 2023

Recognized revenue is defined as the amount of money a company has earned from its activities, which may include sales or services provided to customers. Realized revenue is the total amount of money the company receives from its activities minus any applicable taxes, deductions, and discounts. Why Do Only Some Businesses Use GAAP?

accrual accounting 95

accrual accounting accounting principles accounts payable accounting and finance 95

Withum

JANUARY 4, 2023

It is a refundable payroll tax credit that applies to certain wages paid to employees starting March 13, 2020. We have heard from many taxpayers that they are being approached with a sales pitch stating that the rules governing eligibility for the ERC have recently been changed, and they may now be eligible.

audit 136

audit payroll tax Tax Start-ups 136

SkagitCountyTaxServices

MAY 4, 2022

And just like accounting transactions and payroll taxes can be automated, so can various aspects of customer interaction. CRM comprises many customer management systems – sales, marketing, and customer service, to start. Sales and marketing. Let’s talk about customer relationship management software…. Some examples.

payroll 87

payroll payroll tax Sales CPA 87