Year end is approaching. It’s a good idea to make an early start on tidying and preparing your accounting information. That will make tax filing easier – and this checklist will help you do it.
Understand your obligations
You need to start preparing your business accounts towards the end of the financial year so that they’re ready for tax filing and form submission. For many businesses, that’s the […]
Fires, earthquakes, hurricanes, tornados, and floods can happen at any time … sometimes, they happen all at once.
When it’s close to home, it can be easier to see the need in front of you, but what about when it’s somewhere else and impacts clients, vendors or even your staff’s family members? When your business feels compelled to help, it’s sometimes hard to identify how to even get started. Here are a few ideas on you can come together as […]
Stay up to date with the latest news and legislation about sales tax. Here are the basics.
A nexus is when a company maintains a permanent or temporary presence within a particular state. If your business is headquartered in Chicago, for example, you would need to collect sales tax from customers in the state of Illinois. This is called a substantial nexus.
You might also have a nexus in states where your company […]
Fall is in the air – and just like farmers around the country, Intuit® is “harvesting” new apps that integrate with QuickBooks® Online (QBO). Here is a sampling of some of the new apps:
Dominate 2018 with using cloud accounting and a bookkeeping team that can help streamline your bookkeeping processes.
As an entrepreneur, you’ve got big dreams and ambitions. It’s time to get a financial team and modern bookkeeping system to match those ambitions. It’s time to get a fresh start with Red Bench Financial.
What do we mean by that?
Too many entrepreneurs want to do big things, but […]
With all the tax and compliance services that Red Bench’s Payroll Services provides, it’s easy to forget that the government requires some additional info from you. Let’s go over the items below to make sure you’re compliant with key federal and state employment regulations. If you have any questions on our easy to follow compliant checklist below contact us today and we can help.
1. Fill out employee onboarding forms
When you hire […]
Small Business Much Needed Hiring New Employee Tips…
Here are some much needed small business hiring tips. It’s that time of year where your business may benefit from hiring seasonal help. But not all help is the right help. It’s vital to the success of your business to find the right people for the job. And finding that person can be simple if you know what to look for. There are many things […]
Small Business Spring Cleaning Tips…
Spring cleaning season is upon us and it’s not just time to declutter your office or take inventory, it’s also the right time of year for small business owners to get organized financially. From reviewing business expenses, to managing cash flow and revising business plans, every business owner can benefit from a financial refresh. Below are three financial tips to help you stay on track this season. Tidying […]
Small Business Record Keeping | Red Bench Financial –
Have you ever wondered what documents you need to keep and for how long? Purchases, sales, payroll, and other transactions you have in your business will generate supporting documents. Supporting documents include sales slips, paid bills, invoices, receipts, deposit slips, and canceled checks. These documents contain the information you need to record in your books. There are many things that can help you in […]
Little-Known Tax Tips Small-Business Owners Must Know…
At tax time, small businesses look for ways to save money and maximize credits and deductions. Small businesses are in there own category when it comes to tax deductions and write offs. Its vital for small business owners to increase their knowledge of how to file taxes in order to maximize their profit potential. “One of the most overlooked ways for small businesses to save at […]