Balancing the Books

« Back to Home

2020

Using Professional Accounting Services To Prepare Your Business Taxes

As a small business owner, you are required to file and pay your taxes four times each year. You must meet quarterly tax filing and paying deadlines to avoid the IRS heavily fining or closing down your business. However, all of your daily attention must remain on running your business. You may not have time to file and pay your taxes every three months. To help you meet these critical deadlines, you can use professional accounting services to file your returns and submit your taxes. Read More»

Working Remotely? Why Crossing State Lines Can Be Tax Trouble

Do you want to work remotely but live across state borders from your employer? While a few miles over a border might not seem like a big deal in real life, it can have a serious impact when it comes to income taxation. In fact, you could end up paying taxes in both states. How can you avoid this? Here’s what you need to know. How Location Affects Taxes While federal income taxes are the same for all 50 states, these states each have their own methods of taxation to pay their own bills. Read More»