The tax rate structure, which ranges from 10 to 37 percent, remains similar to 2021; however, the tax-bracket thresholds increase ...
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Tax preparation is simply the process of preparing and filing a tax return. This is generally one time a year ...
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For the small business owner a S Corporation can provide several tax benefits compared to other form of business entities ...
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Truckers, be reminded that if you have registered or is required to register a heavy highway motor vehicle with a ...
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The gain realized from the sale of your main home may be fully or partially excluded from your income if ...
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As a small business owner I’m sure you’ve heard of an S corporation but do you know what it really ...
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In the United States the trucking industry is a nearly $800-billion industry that is responsible for moving just over 70 ...
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As a small business owner it is important to note that a number of important factors contribute to profitability. Factors ...
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Setting the foundation for growth in your small business entails taking your small business to the next level. As a ...
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As a small business owner you are often told that in-order for your business to be successful it’s best to ...
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IRS Problems Have a Way of Ruining All Aspects Of Your Life. They Take A Toll On You Financially, Physically, ...
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The backbone of small business accounting lies in proper record keeping. This basically entails the orderly and disciplined practice of ...
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What is small business recordkeeping? Recordkeeping is the orderly and disciplined practice of storing business records. Business success depends on ...
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For the small business owner it is important to note that just like how good record keeping practices support a ...
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Every small business owner knows that dealing with complex tax preparations for their small business can be a daunting task ...
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Tax problems come in many different forms; IRS tax problems, State tax problems, and Sales tax problems. The IRS for ...
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Notification of an IRS Tax Lien can be intimidating to process. But dealing with it doesn’t have to be. This is ...
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Similar to how an odometer provides insight as to the proper running of your motor vehicle, the gas level, the ...
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Many small business owners do not fully understand their cash flow statement. This is surprising, given that all businesses essentially ...
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The decision as to which type of business organization to use when starting a business is a major one. And, ...
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With vaccination being ramped up all over the country to address the Covid-19 pandemic, there is a semblance of society ...
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Every year, it's goes without saying that there will be changes to current tax law and this year is no ...
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A business plan is a valuable tool whether you’re seeking additional financing for an existing business, starting a new company, ...
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If you engage a worker for a long-term, full-time project or a series of projects that are likely to last ...
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More than half of all businesses today are home-based and this trend has been magnified because of the Covid-19 pandemic.  People are striking out and achieving economic and creative independence by turning their skills into a means of earnings. Garages, basements, and attics are being transformed into the corporate headquarters of the newest entrepreneurs that is, ...
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It's now the 4th quarter and tax season is right around the corner. For many small business owners that means ...
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If you're an individuals with significant assets and you want to transfer wealth to your heirs tax-free, as well as ...
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If you’ve lost your job during the Covid-19 pandemic, you may have questions about the effects this could have your ...
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As we enter the final month of the third quarter of 2020 and as everyone continues to deal with the ...
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Most owners of small businesses know that it isn’t easy to maintain their company’s financial records, however, keeping such records help ...
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Welcome to Metro Accounting and Tax Services information series, What You Need to Know about Federal Taxes and Your New Business ...
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It  goes without saying that the COVID-19 pandemic is affecting millions of businesses across the world, causing stress and strain ...
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Every business knows that cash is king, yet an alarming number of businesses (only 33%) don’t even use a tech ...
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Most Business Owners know how to sell something or make something to be sold. Very few have any formal financial ...
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It goes without saying that the goal of every business owner is to operate a profitable business. Being able to ...
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Having More Time to Focus on Your Business By outsourcing your accounting operations to a professional accounting firm, you’re effectively ...
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Having that grand opening for your business is a great achievement and every business owner should be commended for making ...
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Most real estate professionals manage their finances themselves, finding the time and energy to organize business expenses can be a ...
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Running a small business can be a demanding endeavor. The small business owner wears many hats and the last thing ...
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An independent contractor is a person or entity employed to perform work for—or provide services to another entity as a ...
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It goes without saying that for many business owners, collecting on accounts receivables can be challenging especially as more people ...
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Less than one-third of family businesses survive the transition from first to second generation ownership. Of those that do, about ...
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The number of people who are financially unprepared for retirement is staggering. One study revealed that more than half of ...
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"People don't care how much you know until they know how much you care." It's interesting to see how many ...
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It is worth noting that according to the US Small Business Administration, small businesses employ half of all private-sector employees ...
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When it comes to creating a budget, it's essential to estimate your spending as realistically as possible. Here are five ...
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Whether you're starting a new company, seeking additional financing for an existing one, or analyzing a new market, a business ...
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Many tax payers use a paid tax professional to prepare their taxes. All paid tax professionals are not viewed the ...
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Tax planning is the process of looking at various tax options to determine when, whether, and how to conduct business ...
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Earlier is better when it comes to working on your taxes but many people find preparing their tax return to ...
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Many of the income tax changes affecting individuals and businesses for 2017 were related to the Protecting Americans from Tax ...
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Form w-2 By now you should receive a Form W-2, Wage and Tax Statement, from each of your employers for use ...
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In our practice, tax payers often have a slew of questions relating to the best possible ways to save money ...
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As is the case each year, millions of taxpayers miss out on getting their money from Uncle Sam, yes, they ...
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The Earned Income Tax Credit, EITC or EIC, is a benefit afforded to working people with low to moderate income ...
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It goes without saying and all legal and tax professionals agree that if a tax payer business is not incorporated ...
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Starting a new business is a very exciting and busy time. There is so much to be done and so ...
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Understanding Schedule C tax guide was developed by Metro Accounting And Tax Services, CPAs  in an effort to help Small Business Owners ...
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In today’s income tax environment, The Internal Revenue Service is strongly encouraging taxpayers who are seriously behind on their taxes ...
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One of the first steps to complete in relation to filing your income tax is to figure out which filing ...
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As a tax payer you probably know that you must include income from all sources on your tax return. Income ...
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From an income tax perspective, many low to moderate income earners may qualify for a tax credit that could boost ...
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The Tax Cuts and Jobs Act, H.R. 1, agreed to by a congressional conference committee on Friday and expected to ...
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Moving expenses are deducted as an adjustment to income on Form 1040, but only to the extent that they are ...
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1) Bad debt expense: If you are owed money and are not going to receive it, you may be able ...
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In most situations when a taxpayer disposes of property, taxes must be paid on any gain at the time of ...
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Under the IRS rules, a taxpayer is allowed to deduct expenses related to business use of a home, but only ...
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The receipt of income is not limited to the receipt of money, you can also receive income in the form ...
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It is important that as the end of the year approaches taxpayers consider the amount of withholding that are being ...
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Consider establishing an employee stock ownership plan (ESOP). If you own a business and need to diversify your investment portfolio, ...
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To determine if you are really running a business or just enjoying a hobby you must take into account the ...
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Proper estate planning can help to increase the size of your estate, whether large or small. Its basic purposes are ...
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Many tax benefits are available to you when you sell your principal residence. However, the rules are complex and personal ...
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Tax breaks for charitable giving aren't limited to individuals, small businesses  can benefit too. If you own a small to ...
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An attempt to overhaul the current tax structure is currently taking place in both the House and the Senate. From ...
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Who is Self-Employed? According to the IRS, generally a person is considered self-employed if any of the following apply to ...
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The decision to get married is more about romance than finances for most people. However, it should be noted that ...
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As a small business owner one of the biggest hurdles you'll face in running your own business is trying to ...
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Part 1 By explaining what you need to make full use of your credit report, to determine your credit standing, ...
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In the spirit of helping business owners run and operate their businesses in an efficient manner, Metro Accounting And Tax Services, ...
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Reducing your spending is one sure fire way to accumulate assets for retirement, education or other major goals in life ...
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As the year end approaches, businesses are scrambling to implement tax saving strategies to reduce their 2017 tax burden. Here ...
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At the moment Powtoon presentations are unable to play on devices that don't support Flash ...
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How would you like to legally deduct every dime you spend on vacation this year? This financial guide offers strategies ...
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According to some business experts, having a healthy stream of cash flow is more important than your business's ability to ...
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Based on IRS guidelines, a taxpayer is allowed to deduct expenses related to business use of a home, but only ...
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In order to do your taxes, you'll need to Keep detailed records of your income, expenses, and other information you ...
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This Financial Guide explains when and to what extent points paid on the purchase of a home or on a ...
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Since charities ask for larger and more frequent donations from the public these days, soliciting by mail, telephone, television, and ...
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In continuation of our discussion on LLCs, Metro Accounting And Tax Services, CPA, presents this guide with the intent that small ...
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You should consider forming a LLC (limited liability company) if you are concerned about personal exposure to lawsuits arising from ...
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If like thousands of other persons, you are having trouble paying your debts, it is important to take action. Doing ...
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As is often times the case, a passive activity is any business activity in which the tax payer is not ...
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This business structure guide was developed by Metro Accounting and Tax Services, CPA, with a view of helping current and prospective business ...
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This guide was developed by Metro Accounting And Tax Services, CPA to aid individuals and business owners avoid tax penalties via the ...
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All Things QuickBooks Online Posting Transactions There are two types of transactions you’ll need to consider when using QuickBooks Online ...
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Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business ...
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There are a number of tax vehicles for turning charitable desires into tax deductions. While these techniques are quite complex, ...
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Roth IRAs differ from other tax-favored retirement plans, including other IRAs (called "traditional IRAs"), in that they promise complete tax ...
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This Financial Guide developed by Metro Accounting And Tax Services, shows you how to take advantage of all of the travel ...
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This financial guide was developed by Metro Accounting And Tax Services, CPA with a view of helping business owners with strategic ...
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This Financial Guide was developed by Metro Accounting and Tax Services, CPA to provide tax saving strategies for deferring income and ...
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This Financial Guide was developed by Metro Accounting and Tax Services, CPA with a view of providing guidance to home-based ...
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One key to having a successful business is based on an understanding of your tax obligation. Metro Accounting And Tax Services has ...
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Don’t leave your children’s future to chance. Plan now to give them the brighter future they deserve. This guide was ...
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Life is constantly changing, in-fact as it is said the only constant there is, is change. With this in mind, Metro ...
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Metro Accounting and Tax Services, CPA is dedicated to ensuring the accounting success of new and existing small businesses. We ...
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Metro Accounting & Tax Services, CPA is dedicated to ensuring the accounting success of new and existing small businesses. We ...
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Metro Accounting & Taxes, CPA is dedicated to ensuring the accounting success of new and existing small businesses. We have ...
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Metro Accounting & Tax Services, CPA is dedicated to ensuring the accounting success of new and existing small businesses. We ...
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Issues that may cause problems for the owners of small construction businesses include: 1) The Accounting Methods Chosen, 2) The Capitalization of ...
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Taxpayers who are divorcing or recently divorced need to consider the impact divorce or separation may have on their taxes ...
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Disasters are sometimes unavoidable and taxpayers who are victims of a disaster might need to reconstruct records to prove their ...
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Metro Accounting & Taxes, CPA is dedicated to ensuring the accounting success of all realtors and real estate investors. We ...
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It is recommended that everyone in business make it a practice to keep accurate records. Keeping good records is very ...
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Have you received an IRS Notice or Letter? If yes don’t panic. Your notice or letter will explain the reason ...
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Real Estate Professionals generally must include in their gross income all amounts received as rent. Rental income is any payment ...
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An individual may qualify to exclude from their income in a particular year, all or part of any gain from ...
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This accounting guide was developed by Metro Accounting And Tax Services, CPA to help individuals and small businesses determine whether they are ...
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Navigating Quick-Book Online. When you log into QuickBooks Online, the Home page is the first screen that appears. The top ...
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Browser Tips Having Duplicate Windows. The tips below are based on Google’s Chrome browser, but many of them work in ...
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The way accounting professionals and clients manage financial information has changed significantly over the past few years. The rate at ...
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