Author name: Nidhi Jain

If you just started your business, filing your taxes will be one of the most troubling things to deal with. Compared to personal taxes, business taxes are more complex and require comprehensive knowledge of the tax system to avoid mistakes and benefit from possible tax breaks.   That’s why it’s better to hire an expert […]

If bookkeeping takes too much of your time, you should consider hiring a professional bookkeeping service for your business.   It doesn’t matter whether your business is fairly new or well-established; you will greatly benefit by outsourcing your bookkeeping.

If you are a business owner and highly value your peace of mind and time, consider outsourcing your payroll.   By hiring a professional payroll service, you do not have to spend time calculating wages, tax deposits and tax withholdings, reporting, etc.

Withholding tax refers to the income tax your employer pays to the Internal Revenue Service (IRS) after withholding it from your income. If your employer withholds too much during the year, you will be eligible for a tax refund.   On the other hand, if your employer withholds too little, then you might owe IRS the

Strategic tax planning allows a business to analyze and arrange their financial situation in such a way that they can maximize their tax breaks and efficiently minimize their tax liabilities.

If you’re among the smart fellas who always pay their taxes on time to get tax refunds on time, you need to read this post carefully because your responsibility doesn’t just end here. You may have hired the best CPA firm in the US to file your tax returns, but now it’s your responsibility to

Accounting and bookkeeping tasks are typically handled by one person who often also holds the tax filing responsibility in most SMEs. While small business bookkeeping and accounting are simple, things can become complicated when the accounting workload increases once the business grows. It’s simply not possible for one person to handle the accounts efficiently, but at

Outsourcing payroll services offer multiple benefits to businesses, including cost reduction, time-saving, faster payroll management, and much more. However, out of all the benefits of outsourcing payroll services, penalties avoidance due to statutory compliance is the most lucrative one. According to the IRS, the average penalty for delayed or inaccurate payroll management is approximately $935.

If you’re like most small business owners, handling your own payroll can be a huge headache. But did you know that there are other options? Outsourcing your payroll to a professional service can save you time and money. Here’s what you need to know about payroll outsourcing. What is payroll outsourcing? Payroll outsourcing makes it

It’s no secret that financial scams have increased during the pandemic, and it’s estimated that Americans have lost 586 million dollars since the beginning of 2020 to these scams. This is why it’s crucial for you to take the necessary measures to protect your firm from these threats. So how do you do it? An