self employment and taxes - what do you do?

Posted on: 26 April 2021

Home contractors deal with a lot of information when working with clients on various projects. That might include financial details in a contract and particular figures for a pending home repair. You can better keep track of this information using home service software. If you get the right program, these are just some of the things you can expect. Keep People Within Your Company Connected You may own a home contracting business, and that might entail employing a lot of other professionals. [Read More]

Posted on: 19 February 2021

There are many tax obligations for businesses across the board. One of them is filing the annual income tax return. Filing income tax is not smooth sailing, whether you are a startup or a well-established organization. Without proper knowledge and experience, you can easily make grievous and costly errors during the tax preparation processes. Some of the common mistakes that business owners make include keeping wrong records of their expenses and incomes, filing their income tax returns late, and underpaying their estimated annual taxes. [Read More]

Posted on: 25 November 2020

Are you forming a partnership with others to start a business? A partnership offers a great opportunity to be your own boss while still sharing the load with others who bring their own talents to the table. But your income tax reporting obligations will change, and much more of the burden will be on you as an individual and your business. What can you expect regarding how and when to report your income for taxation and how your partnership will affect your personal taxes? [Read More]

Posted on: 3 September 2020

If you are in the process of starting up a business, you need to make sure that you spend just as much time setting up the financial side of your business as you do setting up and developing the idea behind your business. Taking care of the accounting side of your business is necessary if you want your business to thrive. Accounting Startup Tip #1: Get Up to Date on the Law [Read More]