Avoid the Hassle of Estimated Tax Payments by Paying Them Through Gusto Payroll Another quarter has come and gone and you likely forgot to send […]
Tag Archives: Taxes
26
Aug
Aug
How Do I Best Rent My Property to My Business? Your business is growing and you need more space. The commercial lease prices are insane […]
21
Feb
Feb
Owning a business is the quintessential American Dream. Pulling up your bootstraps and making the dream a reality is one of the highest cultural goals […]
15
Nov
Nov
Is it possible to be a CPA and start a small practice without being the quintessential “tax guy”? (I’m not sure the term ‘tax gal’ […]
04
Oct
Oct
The annual roundup of financial documents is a ritual of hunting and gathering. Some people just love to gather documents and carefully assemble them into […]
27
Sep
Sep
If you’re relying on your bank statement to know if your company is profitable you will be sorely disappointed. Profitability has a strange relationship with […]
23
Jul
Jul
The very word, depreciation, causes a certain glaze to fall on the faces of business owners. The mention of the word can invoke beaches and […]
08
Mar
Mar
Your LLC is up and running. You’ve figured out the benefits to being taxed as an S-corporation and have placed yourself on the payroll. Not to be unreasonable, you took steps to make sure your salary would be acceptable to the IRS should they choose to review it. Now that your company is profitable, how do you get that profit into your pocket without creating tax headaches?Here are four facts you need to know about distributions from an S-corporation. 1. &nb […]
02
Feb
Feb
Learning about taxes your business needs to pay is exhausting. From the employer’s portion of FICA, federal unemployment, state unemployment, sales tax as well as the other requirements parallel to taxes like annual filing fees, licenses and workman’s compensation, owners’ eyes glaze over as they weigh the complexities and time requirements of tax compliance.When you look at these taxes in the aggregate, they act like opportunistic mosquitos slowly pricking […]
02
Jan
Jan
Congratulations! Your company is established and thriving. After the long years of studying, working and building your business, in addition to your salary, your business is now providing distributions and income as a fruit of your investment. Because you have set a reasonable compensation plan as well, your business is creating ROI on your labor, meaning the owner (you) is profiting on the employees’ labor.Chances are good, now you will need to pay quarterly esti […]
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