Corporate Tax

Employees Vs. Contractors

Every business owner goes through the process of deciding how to hire someone when they get to the point where they’ve outgrown their current situation or just need a bit of extra help.  You’ve found the right candidate and now you need to decide whether or not to hire a contractor or employee…this is where …

Employees Vs. Contractors Read More »

Year-End Small Business Checklist

Don’t get caught at year-end with nasty surprises. Read our post about how to prepare for next year.

Xero’s Business Performance Dashboard And How To Use It

Here at iAccounting Solutions, Xero is our first choice in helping small businesses keep better track of of their finances.  That’s why when Xero announced the Business Performance Dashboard, we were pretty excited. What Is It? In short, the Performance Dashboard is a simple way to check the health of your business.  By using simple …

Xero’s Business Performance Dashboard And How To Use It Read More »

1099’s: Q & A

        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 …

1099’s: Q & A Read More »

IRS and Record Keeping

 Today, I received a news alert from the IRS.  I thought I would share as it’s chalked full of useful information. Here are some tips from the IRS on tax recordkeeping. • You should keep copies of your filed tax returns as part of your tax records. They can help you prepare future tax returns. You’ll …

IRS and Record Keeping Read More »