Remove Calendars Remove Expenses Remove Health Remove Payroll
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Best Virtual Assistant Services - Elevating Your Business with a Remote EA

ProAssisting Blog

A remote executive assistant adept in bookkeeping handles invoicing, expense tracking, payroll, and other financial tasks, maintaining the business's financial health. Financial Expertise for Optimal Bookkeeping Accurate financial management is critical.

Payroll 650
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Small business tax credits and deductions you should know about

BMT Office Administration

And now is the time to think about them, since the tax-filing deadlines for calendar-year corporate returns are fast approaching—March 15 for S corps and April 18 for C corps. IRC § 41 refundable research credit IRC § 41 allows you to claim a tax credit for qualified research expenses above a base amount.

Payroll 98
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

The beginner’s business finance glossary “Our P&L report shows that our revenue is now greatly exceeding our expenses, and we’re showing a considerable profit.” “In The catch is that a business’s fiscal year does not have to line up with the traditional calendar year.

Finance 105
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Some expenses may be included on independent contractor invoices, but the basic tools or programs required to complete the work are often provided by the contractor. Medical and health care payments. Prizes and awards.

Payroll 52
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Are your employee pay profiles correct? It’s time to check

BMT Office Administration

But doing this would have left him with a negative deduction for health insurance. Once you cross calendar years, you can’t correct income tax withholding. For example, he encountered a situation where an employee wanted 100% of his net pay to go into his 401(k) account.

Salary 52