Posts Tagged ‘1800 Accountant’
How Small Business Owners Can Take Advantage of Black Friday
Black Friday took on its ever-so-famous name in Philadelphia in the early 1960s when the city would be packed with people and vehicles on the Friday after Thanksgiving. In recent times, it has become a major “holiday” for commerce.
Read More 5 Ways Technology Can Significantly Improve a Small Business
Technology is found everywhere these days. From the classroom to the grocery store to the office building, some forms of technology exist in almost all facets of our world.
Read More Small Business Tax Deadlines and Tips: November and December
As October comes to a close this week, it’s time to take a look ahead at the tax deadlines for the remainder of 2013.
Read More Maximize Tax Deductions Now to Save on 2013 Taxes
Tax deductions can be quite valuable, because they reduce taxable income for the year. For example, a self-employed individual or independent contractor in the 25% tax bracket can save $25 in income tax for every $100 in deductions, while also saving as much as $15 in self-employment taxes for every $100 deduction from taxable income.
Read More 3 Surprising Ways a Government Shutdown Hurts Small Business
At first glance, it might seem that the government shutdown will affect only those small businesses that sell products or services to the federal government or one of its agencies. According to Gary Milkwick, CPA and Vice President at 1800Accountant, there are three surprising ways the government shutdown is likely to affect small businesses.
Read More 5 Things to Know About Payroll Taxes
“Making payroll”—that is, managing a small business so that paychecks are delivered on time even when the unexpected occurs—can be one of the hardest parts of a small business owner’s job. One thing certain to make that job even harder is a payroll tax mistake that can lead to IRS problems.
Read More 3 Steps to Small Business Cash Management
Controlling cash and credit are important for any small business. However, a growing number of entrepreneurs establishing a startup business can’t answer the three basic cash and credit management questions that most bankers, venture capitalists, and angel investors will ask when considering whether to fund a start-up business.
Read More 5 Steps to Startup Compliance
The last thing a small business owner needs is problems with a government agency. There are three kinds of rules and regulations that businesses must follow.
Read More Watch Out for Indirect Tax Audit Triggers
Your odds of facing an indirect tax audit are actually higher than the odds of IRS small business tax audits. That’s because while the IRS audits 2–12% of the tax returns filed with the agency every year, some states audit up to 20% of the business sales tax reports filed each year.
Read More Do You Owe the IRS a Quarterly Tax Payment August 15?
This weekend, more than a few small business owners will be scrambling to pull together the documents and information they need to meet the IRS deadline that’s coming up in just six days. Yes, there’s a tax deadline for quarterly taxes due to most states and the IRS on August 15.
Read More