Getting Professional Accounting Help

Getting Professional Accounting Help

2020

17 November 2020

Earning A Side Income? How 4 Sources Affect Income Taxes

Are you bringing in some extra cash with some type of income-producing side venture? If so, you may rightly wonder how this new influx of income will affect your income taxes. To help you keep as much as possible of your side earnings, here's how each of these four income sources could affect your taxes.  1. Getting a Second Job A second job — being paid as an employee of another company — is treated just like a first job when it comes to taxes and income earnings.
24 August 2020

Worried About The Tax Bill From Investments? 3 Savings Strategies

Do you have investment income? If so, you must plan and take proactive steps in order to prevent your income tax bill from rising. If you're not sure how to accomplish this, here are three tips that investors of all shapes and sizes can put into practice. 1. Fund Retirement Accounts First Most retirement savings methods are what is known as 'tax deferred'. Money you contribute to such accounts is not counted as taxable income in the year in which you contribute it, but rather when you withdraw it during retirement.

About Me

Getting Professional Accounting Help

After really struggling with business finances, I realized that we needed to hire a professional who knew the ropes. I started talking with accountants, and it was clear that ours wasn't cutting it. After letting him go, we began working with someone who innately understood the way things worked. I was really impressed with just how much better things were after our books were sorted out, so I decided to start this website to share information with other people. Read on to learn how to spot accounting problems, what to do when you find them, and how to choose an accountant who can help.

Search

Categories

  • (41)
  • blog (41)

Latest Posts

  • Why You Should Discuss Your Taxes With An Accountant 24 March 2023

    Even if you're largely comfortable doing your taxes on your own, you should consider talking with an acco

  • The Information Small Businesses Need To Give Their Bookkeepers 31 January 2023

    Small businesses rely heavily on their bookkeepers to keep their financial records in order. However, in

  • Tax Preparation Services: How They Can Help Business Owners 12 December 2022

    If you own a business, taxes are something you'll deal with every year. You thus might as well get accust

  • Received Income Due To A Deceased Loved One? What To Know 17 October 2022

    When a life is cut short by death, many things will usually remain unresolved or in progress. When these

  • 4 Reasons To Outsource Bookkeeping Services For Roofing Contractors 12 August 2022

    Bookkeeping is not just important for corporate or big companies as some business owners may think. Any r

2023 Getting Professional Accounting Help