#small business taxes

[saicpaservices]

Maximizing Tax Efficiency: A Guide to Income Tax Preparation

Tax season can be a daunting time for individuals and businesses alike, but with the right support, it doesn't have to be stressful. At SAI CPA Services, we specialize in income tax preparation for both individuals and businesses, offering expert guidance and support to ensure maximum tax efficiency.

Our team of experienced professionals understands the complexities of the tax code and stays up-to-date with the latest changes and regulations. Whether you're a small business owner navigating deductions and credits or an individual seeking to optimize your tax return, we're here to help.

Connect Us:  https://www.saicpaservices.com/contact-us/ https://www.facebook.com/AjayKCPA https://www.instagram.com/sai_cpa_services/ https://twitter.com/SaiCPA https://www.linkedin.com/in/saicpaservices/ https://whatsapp.com/channel/0029Va9qWRI60eBg1dRfEa1I

908-380-6876

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East Brunswick, NJ 08816

[ifindtaxpro]

🏠✨ Decluttering as a profession? Maximize your success with savvy tax considerations! From home office deductions to strategic client management, unlock the keys to financial prosperity. 📊💼 #ProfessionalOrganizers #SmallBusinessTax #DeclutteringSuccess

[ottoshelpfulhacks]

Small Business Tax Survival Guide: Why I Ditched the DIY and Chose H&R Block

H&R Block tax professional Running a small business is a beautiful chaos. You’re the CEO, janitor, marketing whiz, and yes, unfortunately, sometimes the tax accountant too. While the entrepreneurial spirit may thrive on DIY, there’s one area where I’ve learned to raise the white flag: taxes. That’s where H&R Block swoops in and saves the day (and my sanity). From Panic to Peace of Mind:…

[bookkeeperlive12]

How do I File and Pay Small Business Taxes? 

Simplify your small business tax filing with this easy and quick guide on how to file taxes effortlessly.

[scarlettohairdye]

PSA to printed zine makers

As a 37 year old who's been running a sole proprietorship for the last 10+ years, I just want everyone who is planning to run a fandom project that involves accepting money for printing & shipping costs to know that you're actually running a small business and you need to plan for taxes. It doesn't matter if you don't make any profit: that is business income and the IRS will see it as such if you get audited.

If you only take enough money in to cover the cost of printing & shipping then you can write that off as a business expense and probably not pay taxes on it, But in order for that to fly you actually have to do business accounting, especially if you're doing it at scale. Like, you can probably skate by without reporting a $500 project; I absolutely would not fucking risk it with a $5000 project.

Back when I was producing shows there were years when I was where I made $20k in ticket sales only to turn around and immediately pay $18k to my performers. I only made $2k for myself, but I had to report the entire $20k, because it was ALL INCOME. (I only paid taxes on the $2000, because that's how writing off expenses works!)

Yeah this is boring grownup shit and I'm getting my boring grownup fingers all over your fun fandom, but boring grownups doing boring grownup things are the reason fandom spaces exist at all (paying for servers is deeply boring), and I'm way more fun than an audit

[dabizzgetsitdone]

File Small Business Taxes Online

The process can be intimidating if you've never filed small business taxes before. Get in touch with professionals who will help you file small business taxes online. They ensure you fill out the required tax forms based on your business's legal structure and know all your due dates to avoid racking up penalties and interest.

[the-gayest-sky-kid]

it's really frustrating to see people focus on solely queer issues on tumblr when it comes to politics knowing that my literal human rights are on the line on multiple fronts

[i-merani]

Harris bestie, stop talking about why Trump is bad, talk how you are better! So far this debate is all about Trump (bad or good), talk about yourself and your plan for your country.

[justinspoliticalcorner]

Michael Sainato at The Guardian:

Millions of Americans are struggling to make ends meet, Kamala Harris has said, as the Democratic presidential candidate fleshed out the economic agenda she hopes to adopt in the White House. Conceding that the cost of living in America “is still just too high”, the vice-president argued this was true “long before” the Covid-19 pandemic ravaged the global economy, and she took office with the president, Joe Biden. Harris pledged to put the middle class at the heart of the US economy – and claimed Donald Trump was only interested in helping “himself, and people like himself” if he regains the presidency.

[...] “I still remember my mother sitting at that yellow formica table, late at night, cup of tea in hand, with a pile of bills in front of her, just trying to make sure that she paid the month by the end of the month, like so many Americans trying to make it all work every day,” she continued. “Millions of Americans are sitting around their own kitchen tables and facing their own financial pressures.

[...] In her speech on Wednesday, Harris touted her proposals to enact a $6,000 tax credit for families during the first year of a child’s life; introduce a $3,600 tax credit per child for working families; and refrain from increasing taxes on households with less than $400,000 of annual income.

She also cited previously announced economic proposals from her campaign including a $25,000 tax credit and other incentives for first-time home buyers, expanding a small business creation tax break, taxing long term capital gains for wealthy individuals at 28%, universal childcare and paid family leave, and enacting a federal ban on corporate price gouging. Harris tried to contrast such plans with Trump’s policy platform, which includes plans to cut corporate tax rates and impose tariffs to protect US companies from foreign competition. “I intend to chart a new way forward and grow America’s middle class,” Harris said. “Donald Trump intends to take America backward to the failed policies of the past. He has no intention to grow our middle class. He’s only interested in making life better for himself and people like himself, the wealthiest of Americans. You can see it spelled out in his economic agenda.

“I call my vision the opportunity economy, and it’s about making sure everyone can find a job and more. Because, frankly, having a job should be baseline, and we should aspire and have the ambition and plan to do more. I want Americans and families to be able to not just get by, but be able to get ahead, to thrive.” Harris cited a goal to achieve 25 million new small business applications in the US by the end of her first presidential term, and a goal to double the number of registered apprenticeships by the end of her first term. “At the same time that Donald Trump was giving a tax cut to big corporations and billionaires, he tried to slash programs for small businesses and raise borrowing costs for them,” she said. “Instead of making it easier, he actually made it more difficult for them to access capital.”

During her appearance in front of the Economic Club in Pittsburgh on Wednesday, Kamala Harris fleshed out her economic agenda for middle and working class Americans and small businesses.

See Also:

HuffPost: Harris Calls Trump ‘One Of The Biggest Losers Ever On Manufacturing’

[saicpaservices]

SAI CPA Services: Elevating Financial Success in New Jersey

SAI CPA Services is a premier accounting firm based in Middlesex County, New Jersey, with over 25 years of experience in providing top-notch financial solutions. We specialize in a comprehensive range of services, including accounting and bookkeeping, tax preparation for individuals and businesses, payroll management, business start-up assistance, IRS problem resolution, and strategic financial planning. Our dedicated team of CPAs is committed to delivering personalized service tailored to meet the unique needs of each client. With a reputation for excellence and a focus on accuracy and compliance, SAI CPA Services is the trusted partner you need for all your financial needs.

Connect Us:  https://www.saicpaservices.com/contact-us/ https://www.facebook.com/AjayKCPA https://www.instagram.com/sai_cpa_services/ https://twitter.com/SaiCPA https://www.linkedin.com/in/saicpaservices/ https://whatsapp.com/channel/0029Va9qWRI60eBg1dRfEa1I

908-380-6876

1 Auer Ct, 2nd Floor 

East Brunswick, NJ 08816

[sergle]

actually the last post was in a jokey mood but I’m not doing alright, bc the aggregate amount of money I’ll be paying in my taxes this year is almost exactly 10k, which is almost exactly, to the dollar, the amount that I’ve managed to save up for my breast reduction to this point, which I’m never ever ever going to be able to get, because that is the exact fund I will be draining to pay my taxes

[palaeoplushies]

Would you ever consider talking about how you set up your online store and how you do taxes?

I would!! My online store is through Squarespace, they're actually pretty decent and do everything I need. I like that they only take one flat payment a month and don't charge per transaction like some shop website hosts. As for taxes... To break it down I keep a record of all my sales and all my business spendings (or take a day per year to trawl through my website sales records, bank records, paypal records and ebay purchases etc. to figure it all out because I'm awful at keeping on top if it). I am in the UK so I file my returns with the HMRC myself because they've made it as easy as possible for individuals to do their own self-employed tax returns. I basically have to answer a bunch of questions and then tell them how much I earned and how much business expenses and then they tell me how much I owe them and I have to pay it by January and that's all. Honestly the HMRC has some good resources out there that explain the process better than I can: https://www.gov.uk/self-assessment-tax-returns If anyone has any specific questions shoot them my way!

[theshitpostcalligrapher]

me, dolefully glaring for hours at the piles of etsy documents with fucked up numbers, ID slots that make no sense and utterly befuddled tax terminology: please, please make sense I only need to fill in ONE slot with you why are you like this with GST

(also does anyone know where the fuck to put your BN number in on etsy it keeps listing Canada as a state I think its confused as hell)