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Cash Basis Accounting vs. Accrual Basis Accounting

Cash basis accounting and accrual basis accounting are two methods used by businesses to record financial transactions.
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W-2 and W-4: What You Need To Know

The W-2 is a tax form that employers must submit to the IRS at the end of every year for each of the...
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A Quick Guide to Contractor Tax Forms

Contractor taxes work slightly differently than employee taxes. One of the main differences is the f...
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What is IRS Form 1040?

As a business owner or employee in the United States, calculating, deducting, and paying tax is a ma...
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What is Payroll Tax and How is it Calculated?

Payroll tax is a percentage of an employee's salary paid to the government to fund social insurance ...
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What is a W-9 Form and Why You Need To Fill It Out

Form W 9 is an IRS form used by businesses to request independent contractors and freelance workers ...
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Accounting For Every Dollar

Are you looking for ways to improve your bottom line, but not sure where to begin? An easy place to ...
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Tax Laws, Regulations And Other Market Changes Coming In 2021

Many economic changes are expected for 2021; it would be smart to make plans for your business accor...
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How Changes Of Minimum Wage Laws Affect Your Business?

The 2021 laws regarding increases to the minimum wage may raise the hourly pay rate from the current...
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Deal With Pain of Your Bookkeeping Business

You’ve launched your business and have overcome the initial obstacles of becoming an entrepreneur. N...
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