by Chris Giorgio | Feb 3, 2021 | Accounting, Taxes
Taxes are an unavoidable obligation that must be fulfilled each year. Preparing for it ahead of time makes it easy to file while procrastinating makes the process a lot more complicated. So, we would suggest start preparing now or at least stay up-to-date with tax...
by Chris Giorgio | Jan 2, 2020 | Accounting, Taxes
If you don’t plan in advance, then the process can get very tedious and painful. Having the necessary documents and data pre-organized is necessary, or else you will experience a lot of trouble when calculating your taxes. What’s worse is that you may even end up...
by Chris Giorgio | Oct 2, 2019 | Accounting, Taxes
Proper tax preparation can make tax season a lot less complicated and help you file your federal tax return well before the tax deadline. We suggest preparing for tax season as early as possible and staying up-to-date with tax regulations, especially because they...
by Chris Giorgio | Sep 18, 2019 | Accounting, Taxes
Accounting is the process of recording all business transactions, and accounting reports are a numerical representation of the performance of a business. Part of these accounting reports is the tax liability, and given the significance of taxation, avoiding recording...
by Chris Giorgio | May 23, 2019 | Entrepreneurship, Small Business, Startup Business, Taxes
Unless you live in a state or a country that does not impose sales tax, you must be aware of the strict obligations regarding its fulfillment and payment. Yet, many small businesses tend to take the sales tax for granted. It is also difficult for them in the know of...
by Chris Giorgio | Jan 9, 2019 | Accounting, Money Management, Small Business, Startup Business, Taxes
It is a fact of life that if you plan to run a business, then you must pay taxes. If you’re an online retailer, then you’re also responsible for charging sales tax to customers living in states where your business has a physical presence. This tax is then remitted to...
