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3rdApril 2023
Tax Audit

What Are 10 Ways to Avoid a Tax Audit?

Posted By: sginccpa

Government and authorized authorities review a taxpayer’s financial statement and tax record through tax audits. It is done to check whether the taxpayer is complying with tax laws and regulations. Internal Revenue Service (IRS) mainly conducts tax audits throughout the US. During your tax audit, the tax agency will examine your financial records, including bank statements, invoices,… Continue reading What Are 10 Ways to Avoid a Tax Audit?

10 Benefits of Hiring a Remote Bookkeeper
28thMarch 2023
Accounting

10 Benefits of Hiring a Remote Bookkeeper

Posted By: sginccpa

In recent years, remote bookkeeping has become popular as more companies realize the advantages of outsourcing their accounting work. In addition, technology advancements have made it simpler to engage a remote bookkeeper who can take care of all your accounting needs from a distance. Compared to conventional in-house bookkeeping, remote bookkeeping has some benefits, such… Continue reading 10 Benefits of Hiring a Remote Bookkeeper

How do you organize receipts and invoices? 6 Amazing Tips
20thMarch 2023
Accounting

How do you organize receipts and invoices? 6 Amazing Tips

Posted By: sginccpa

Receipts and invoices are essential for business owners and individuals to keep track of expenses and finances. If you want to prepare accurate financial statements and tax returns and prevent fraud, you must keep a record of your invoices and receipts. This blog is written to educate readers about organizing various receipts and invoices for… Continue reading How do you organize receipts and invoices? 6 Amazing Tips

Tips for Business Licensing
24thJanuary 2023
Business

Starting a Business? Here Are Some Tips for Business Licensing

Posted By: sginccpa

The majority of businesses in Texas are required to get a business license or permit. Depending on the type of business and the area where it operates, there are different criteria for a business license in Texas. For example, businesses selling products or services or working in a particular sector might need a sales tax… Continue reading Starting a Business? Here Are Some Tips for Business Licensing

7 reasons to hire professional CFO
19thDecember 2022
Finance

Why Do Small Businesses Need an Experienced CFO? 7 Reasons

Posted By: sginccpa

Every organization needs a finance leader to create a better financial framework and plan successful future business activities. The company’s financial operations are planned and managed by the chief financial officer (CFO), a business leader. Many small businesses don’t initially hire a CFO, but with time, they understand the value and necessity of a qualified CFO… Continue reading Why Do Small Businesses Need an Experienced CFO? 7 Reasons

Why Bookkeeping Tips for Entrepreneurs Are Important
8thOctober 2021
Business

Why Bookkeeping Tips for Entrepreneurs Are Important?

Posted By: sginccpa

Bookkeeping is a necessary responsibility in your enterprise for both financial and legal management purposes. By staying organized, the importance of bookkeeping will extend. Bookkeeping helps you to maintain accurate finical records and respond to IRS audits. It also assists you in strategizing incoming and out-going expenses for the future. But, many enterprises flop to… Continue reading Why Bookkeeping Tips for Entrepreneurs Are Important?

Payroll vs Income Tax
26thJuly 2021
Business

Payroll Tax vs Income Tax: Regulations and Exemptions

Posted By: sginccpa

When it comes to Payroll Processing or Payroll Services, certain financial aspects are pertinent to it. Managing monthly feasibility reports, audits, bookkeeping, and a lot more. The simple concept about payroll is to provide financial and managerial assistance in salary distribution amongst the employees. The hectic impressions rest in the preparation of the monthly sheet.… Continue reading Payroll Tax vs Income Tax: Regulations and Exemptions

Form 720 in 2021
28thMay 2021
Business

What Is Form 720? New Instructions For IRS Form 720 in 2021?

Posted By: sginccpa

There are two types of taxes with legit enforcement in the United States of America: State Tax and Federal Tax. The categorical segregation of these taxes entails furtherance in form of Sales Tax and Excise Tax. Sales tax has legit enforcement on almost all the goods and items in the economic sphere. But the excise… Continue reading What Is Form 720? New Instructions For IRS Form 720 in 2021?