Identity Protection
Prevention, Detection and Victim Assistance: Tax-related identity theft when someone uses your Social Security number to file a tax return claiming a fraudulent refund.
How to reduce your risk
Always use security software with firewall…
How To Calculate Payroll Taxes
Learn how to withhold, remit, and calculate payroll taxes! If you are a small business owner with employees, you know paying them is not as simple as just writing out a check.
For most employees, you must withhold the following taxes:
…
If IRS Letter arrives in the mail?
The IRS mails millions of pieces of correspondence every year to taxpayers for a variety of reasons.
Below are some suggestions on how to best handle a letter or notice from the IRS:
Do not panic. Simply responding will take…
How to properly use your sales tax
Businesses that register with the Department of Revenue to collect sales tax are issued a Florida Annual Resale Certificate for Sales Tax (Annual Resale Certificate). The certificate allows the business owners or their representatives…
4 important bookkeeping tips for small business
Maintain regular records: If you keep regular, daily records of all transactions then you’ll have a much easier time of it when you need to do the end of accounting period.
Use the right accounting system: Knowing…
Welcome!
The purpose of our blog is to provide the latest information and changes referring to:
Taxes, Bookkeeping, Payroll and General Accounting.
We will also give you tips or information that can be really helpful for your business.…