What Types of Accounting Services Can You Outsource?

outsource accounting

Updated on 5/24/24 Maintain accurate records; keep track of your company’s finances, bookkeeping, payroll, management accounting, taxes, accounts receivable, accounts payable and financial reporting. Follow up on debts and compliance. Phew! What a relief it is to have expert outsourced accounting services near you to turn to for managing these essential functions. Are you looking … Read more

Business Owners May Face Special Compensation Rules

Business Owners May Face Special Compensation Rules

S corporations allow the business to pass corporate income, losses, deductions and credits through to their shareholders for federal tax purposes. But with those great advantages come many rules, including those related to compensation. Shareholder-employees may think there’s no practical difference between income as an owner and income as an employee, but they’d be wrong. … Read more