Accounting For Business

Written by Wall Street News on December 27th, 2018. Posted in Need a good accountant, Real estate accounting new york, Small business accounting services nyc

Any business today will not only have a proper marketing department and managers in place, but it will also know what labor to outsource to other firms and companies. Trucking companies often rely on factoring firms for getting invoice money earlier, and companies may outsource business travel work to a firm and may even hire a staffing agency for filling in positions, from temp positions to upper management. Another area that may call for hiring outside workers is accounting, or the work of keeping track of a business’s finances, from its income to its expenditures and making sure that all incoming and outgoing payments are done on time and in the right amount. This accounting work is also vital for when a business will have to file its taxes, and this can be a difficult and stressful job for in-house workers, so instead, accounting firms can be hired to take care of this job. In places such as New York City, businesses and wealthier individuals will often need Continue Reading No Comments

What You Need To Know About Quarterly Estimated Taxes

Written by Wall Street News on October 30th, 2018. Posted in Accounting services, Small business accounting services nyc, Tax preparation services nyc

If you work in a large firm, you have probably heard about quarterly estimated taxes but do you really understand them? To start off, these are some of the charges that you will have to pay to keep your business in full compliance with the law. It’s a federal income tax that requires quarterly payments every year. To calculate it of course you need help from professional accountants who are familiar with quarterly estimated taxes.

Employers tend to hold their employee’s paycheques until they finish submitting all their quarterly taxes. However, if you are self-employed, then it’s upon you to make these quarterly payments. If you feel that you have been overcharged through these taxes, the IRS will either refund you or send you a list of financial details showing the amount you should pay. Though, you can find a great tax accountant to reduce chances of making a mistake when filing your tax.

How Much Should You Pay?
Accountants working in a huge investment f