tax filing for online sales

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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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How to Get Your Tax Refund Quicker

16 October 2018
 Categories: , Blog

Now that it's tax time, you might be excited about getting your tax refund. If you're wondering what you can do to help you get your refund faster, try these steps. Make Sure You Have Your Paperwork Gathered Up If you don't have all of the paperwork that you need for filing your tax return, then the process of getting it done will take longer, and there will be more of a chance of a mistake being made. Read More …

Why You Need A Software Program For Handling Payroll

15 August 2018
 Categories: , Blog

If you are looking to improve the way that you handle payroll within your place of business, one thing you may want to do is invest in a payroll software program. These are a few reasons why this can be beneficial. Prevent Errors First of all, you should realize that payroll errors are more common than many people realize. Payroll errors can cause a lot of issues. The last thing that you probably want is for your business to be paying out more in payroll than you have to be. Read More …

Organize Your Finances And Eliminate Errors Pertaining To Bookkeeping

26 April 2018
 Categories: , Blog

If your carelessness with calculating how much your small business earned last year resulted in you filing your taxes incorrectly and being audited by the Internal Revenue Service, you may be deeply disappointed to learn that you owe back taxes that will cut into the profit that you earn this year. Get your finances back on track and avoid costly mistakes by using the following financial tips.  Organize Paperwork With The Assistance Of An Accountant Read More …

What’s The Deal With Payroll Debit Cards?

10 November 2017
 Categories: , Blog

Payroll debit cards came on the scene a few years ago, and since then they have generated more than a little animosity. They seem very convenient, but they do have issues. The cards can be a welcome addition to your range of pay options if you handle them properly. But that's the key -- you have to roll out the program in the right circumstances so that your employees do not feel pressured to use them and do not assume something's wrong. Read More …

Hobby Or Side Business? How It Affects Your Taxes

28 February 2017
 Categories: , Blog

If you have a personal hobby you enjoy, you may be like many Americans who consider turning a passion into a small side business. But, there are some financial aspects to the decision that you should understand before starting a new venture. Here's a quick guide to how your hobby becomes a business and what it means for your tax bill. Hobby or Business? For most taxpayers, hobby expenses (such as supplies or travel to hobby gatherings) are not deductible on their income taxes. Read More …