In days of old, payroll involved a whole lot of manual calculations on ledgers and employees were all paid in cash. Gradually, as time progressed, pay checks were introduced and workers often waited up to a month to receive their pay. Then, when federal withholding taxes made their merry way into the equation, things got […]
Archives for December 2019
Tax Planning Tips For 2020
When it comes to planning your taxes as a business owner, it always pays to form a game plan for the approaching new tax year to help lessen the impact come April, and here are a few tips for doing exactly that: Register your business as an LLC With the ill-advised assumption that their business […]
How Much Should You Be Paying Your Tax Preparer?
There are a variety of ways in which tax professionals set their prices for preparing their clients taxes, and no two will charge the same amount. However, one general rule of thumb is that the more complex the financial situation, the higher the price will be. Here are a few more guidelines to help you […]
Correcting The Most Common Payroll Mistakes
Mistakes made during the processing of payroll can be some of the costliest for a company, and when a business struggles to perform its own payroll duties due to lack of training, knowledge or experience, mistakes will almost certainly occur, some of which can result in a loss of finances, not to mention, credibility. One […]