by Chris Dios | Oct 22, 2020 | Online Business
Shopify is an excellent platform for eCommerce beginners. It has tons of built-in features that make it easy to get started and succeed. As your business grows, the revenues from your Shopify store will start to add up. However, you should know a few things about...
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by Chris Dios | Oct 8, 2020 | Business Tax
No one holds your hand when you’re running your own business. The government expects you to stay on top of tax policies and regulations, so “I didn’t know” is not an acceptable explanation for a no-nonsense government auditor. Self-employed workers have even more tax...
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by Chris Dios | Oct 8, 2020 | Accounting
Every eCommerce rock star needs a solid accounting system in place to keep the business on track. Effective management starts with an organized eCommerce accounting system, and your business is headed for trouble if you don’t have a system in place. You need to...
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by Christian Linscott | Jun 29, 2020 | Uncategorized
The Supreme Court denied to hear the petition issued by Altera Corp, now owned by Intel, on Monday regarding the now infamous Altera case. This case rolls back into effect the 2003 IRS regulation on corporate stock based compensation. With this decision tech giants...
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by Christian Linscott | Jun 16, 2020 | Accounting, Business and Finance, Business Tax
The assets that are a part of your business have a significant impact on your taxes. Depending on whether the type of asset is ‘tangible’ or ‘intangible’ , there are different ways to account for the “use” of your assets, often referred to as amortization and...
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by Christian Linscott | Apr 7, 2020 | Business and Finance, Business Tax, filing taxes, Income Tax
The coronavirus has had an impact on nearly every aspect of our lives. Social distancing has put a lot of strain on small businesses, and many people are no longer able to work, which is having a huge impact on our economy. Due to the massive scale of the coronavirus...
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by Christian Linscott | Jan 23, 2020 | Accounting, Business and Finance, Business Tax, filing taxes
As a small business you know that your taxes do not begin and end with tax season. If you are self-employed or own your own business your tax responsibilities do not end with filing your income tax return by April 15. There are several other tax deadlines you must pay...
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by Christian Linscott | Jan 20, 2020 | Accounting, Business and Finance, Business Tax, filing taxes, Income Tax, IRS
With tax season underway, people are busy gathering their financial information and necessary tax documents. This is a good time of year to brush up on any changes to the tax code, since some changes that were pushed through are material. While the Tax Cuts and Jobs...
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by Christian Linscott | Dec 17, 2019 | Business and Finance, Business Tax, Income Tax
The holidays are in full swing, which means holiday parties, gift exchanges, and traveling. All of which can provide some extra tax deductions. Business expenses that are deemed ordinary and necessary, are tax deductible. Which means that spreading a little holiday...
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by Christian Linscott | Dec 6, 2019 | Accounting, Business and Finance, Business Tax, Income Tax
The Holidays are quickly approaching, and with that the end of the year is right around the corner, and then the start of tax season! Here we have some important end of year tax tips to help you save time and money on your taxes. With tax season quickly approaching,...
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