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tax filing for online sales

Do you do any selling online? Did you know that selling things online can count as a business and that you could be losing money if you don't prepare your taxes just right? Online sales have helped my family get through a very difficult year. Then, when I found out what I was going to have to pay in taxes for the income that I earned through those online sales, I about had a heart attack. After doing some digging, I decided to skip filing my taxes myself and took them to a professional for help. Find out what an accountant uncovered for me and how it helped put my money back in my pocket.

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Why Should You Outsource Accounting Services?

10 October 2022
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When it comes to managing your finances, you want to make sure that everything is in order. This can be a difficult task to do on your own, especially if you don't have experience with accounting and bookkeeping. This is where outsourcing business accounting services can come in handy. They can handle your finances and help accelerate your business growth. Here are several reasons that you need to engage accounting services: Read More …

Seniors: Do You Need Tax Preparation Help?

3 August 2022
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If you're a senior who needs to file your income tax return soon, you may use an online third-party tax service to assist you. But if you don't understand what you need to do to file your taxes properly, you may make costly mistakes on your forms. An account can help you prevent costly mistakes with your tax return and other forms. Learn what you need to obtain to file your taxes and how an account can help you prepare them below. Read More …

Is Your Small Business in Need of Tax Preparation Services?

16 June 2022
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Filing taxes can become overwhelming for someone not conversant with tax matters. If you're running a small business, it is advisable to consult tax preparation services, which can help minimize your tax bill while maximizing your deductions. What are the signs that say your small business needs tax preparation services? 1. Your Knowledge of Tax Issues Is Near Zero A lack of understanding of tax matters can lead to penalties and other fees. Read More …

Why Every Entrepreneur Should Embrace Professional Bookkeeping

4 April 2022
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As an entrepreneur, you can do several things to help your company grow and keep it running. Unfortunately, you perhaps haven't discovered that bookkeeping is among the top tools you need to make it happen. Most people overlook bookkeeping because they don't know what it entails and how it could help their business grow. Bookkeeping involves recording all the daily financial transactions in your business. Actually, bookkeeping is a critical part of your company's accounting process, so you shouldn't overlook it. Read More …

5 Times To Speak With A Certified Fraud Examiner

16 February 2022
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Fraud represents one of the biggest legal and financial risks a company might face. If you're not sure whether the time has come for you to contact a certified fraud examiner, consider whether you're dealing with one of these situations. Rumors Even if you haven't substantiated rumors of fraud, nothing prevents you from asking a forensic accountant to do a bit of probing. You can look at divisions or individuals that might be engaged in fraudulent activity. Read More …