American businesses of all sizes have a number of financial information that must be organized and reported to comply with legal obligations, such as tax requirements. Various professions...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/01/2022
In December 2017, major tax reform was launched, which concerns individuals and businesses. It is commonly known as the Tax Reduction and Employment Act, TCJA, or Tax Reform. Most...
The Earned Income Credit (EITC) is a federal tax refund for workers and families who meet specific eligibility requirements. Employers must provide EITC employees with information...
Posted by Valderas Financial Solutions LLC on 01/02/2020
What is the Required Minimum Distribution (RMD)?Required Minimum Distribution is the amount that qualified owners and participants must withdraw from a traditional, SEP, or SIMPLE...
Posted by YourIRSTaxAdvocate.com on 11/13/2019
What Is Book Keeping?Book Keeping is the act of recording financial details and is a significant accounting process in business. Transactions incorporate sales, purchases, receipts,...
Remove the residues of pennants and break out the inflatables, in light of the fact that National Payroll Week (NPW) is nearly upon us! Finance experts are usually the unsung saints...
Posted by John Pournaras Agency on 09/25/2018
Businesses are required by the federal law to pay taxes on time and accurately. To begin with; tax refers to the levy paid by a taxpayer and it is imposed by the government. All businesses...
If your small business works with sensitive information or takes payments, cyber security should be a top priority. However, it may also seem that cyber security can be a huge expense...