Ok, you’re a personal trainer, and it’s tax time. Does your tax bill hit you like a ton of bricks? Chances are you’ve experienced this pain. But, there are ways you can plan so that your not working for “Uncle Sam” and paying too much of your heard earned money! The first thing to consider …
Personal Trainers: The In’s and Out’s of Your Taxes Read More »
Whether you’re budgeting for your business, organization, or a department you’re in charge of, it can be a daunting task! But believe it or not, the nuts of bolts of how to create, manage, and execute a budget is the easy part. Most often, the challenge is to train ourselves how to treat the funds …
Whether you you have 1 or 30 employees, payroll is often synonymous with big costs and lots of headaches. And rightfully so. For a small business, payroll is often the #1 expense, and if you’ve ever tried to run and file payroll returns your self, you know how complex it can be. In the last …
Cloud Payroll Services: How It Can Benefit Your Business Read More »
April 15 is the tax day deadline for most people. If you’re due a refund there’s no penalty if you file a late tax return. But if you owe taxes and you fail to file and pay on time, you’ll usually owe interest and penalties on the taxes you pay late. Here are eight facts …
In our effort to educate the small business owner in how to keep more of their hard earned money, often we get asked: So what is better ROTH or Traditional IRA’s? So we asked a local Financial Expert to explain the differences. What type of IRA (Traditional or Roth) best meets your financial goals? …
Financial Planning Corner: ROTH vs. Traditional IRA Read More »
If you run a small business, then chances are you maybe required to file 1099’s. These are probably one of the most misunderstood forms business owners file. Here’s the scoop: What are they for? Form 1099 is used to report money paid to individuals who are not your employees. The IRS …
Welcome back to our “Making the Switch from QuickBooks to Xero” series. In this post, we’ll talk about what Step 2. In case you missed it, click on Step 1 to start from the beginning. So now that you’ve cleaned up your lists, now it’s time to look at a few financial reports and make …
QuickBooks giving you a headache? Or maybe you’d rather listen to nails on a chalkboard rather than do your accounting. Either way, switching to Xero Accounting will set you on your journey to an easy, and even enjoyable way to get your accounting done. Even if you are paying an accountant to do this for …
During the early phases of my photography career, I was still a high school teacher and I did not devote enough time to managing my revenue and expenses from my photography business. My business evolved very organically and in the early phases, I made a few classic accounting errors. For example, I never had …
We love our clients at iAccounting Solutions! This is why decided to pick random clients (who want to participate) and “shine a light” on them. Read on to learn more about an awesome photographer and what he’s about! My name is Johnny Shryock and I’m a photographer working within the LA and DC markets. …