3 Times That Gift-Giving Can Run Afoul Of Income Taxation
Posted on:
24 September 2020
Gift-giving makes both the giver and the receiver happy. But anyone giving or getting gifts also needs to avoid unexpected consequences — especially with their taxes. When does gift-giving run the risk of being a taxable event? Here are three of the most common situations.
1. When the Gift Is Large
Gifts of large monetary value can run afoul of the gift tax laws. Few Americans understand how the gift tax works in U.
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Top Things That A Business Accounting Service Can Help With
Posted on:
27 August 2020
If you run your own business but do not work with a business accounting service, then chances are good that you are making a mistake. After all, there are all sorts of things that a business accounting service can help you with. All you have to do is find a good business accounting service so that you can get help with the things below and more.
Handling Payroll
If you have one or more employees working for your business, then you have to worry about handling payroll in the right way.
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Quickbooks Can Save Your Small Business Money
Posted on:
24 August 2020
The size of a business does not matter — proper accounting management is an essential element of a business. As a small business, however, the task of staying on top of your accounting needs can sometimes be a challenge, as there is a lot to learn. QuickBooks service can help with the process, and help you avoid a potentially costly mistake as you navigate your expanding business.
Streamlined Invoicing
It is highly likely that your business sends out invoices to receive payment, but there are a couple of issues that can cause problems.
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How To Keep Business Running With A Cash Flow Projection
Posted on:
24 July 2020
Do you forecast your cash flow needs? Most small businesses struggle with cash flow — not just earning enough in the long term to make a profit, but actually having enough cash on hand to pay bills as they arrive. If you find yourself in this situation on a regular basis, a cash flow projection can help. Here's how you and your bookkeeper can create one.
1. Enter Invoices Early
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