Taxes, taxes, taxes. As a business owner or aspiring entrepreneur, you probably dread hearing the word “taxes.” But the truth is, you’re going to hear it a lot when you’re in business. And depending on your type of business structure, you may have single taxation or double taxation.
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Maria Tanski-Phillips
What Is the Consolidated Appropriations Act?
January 5, 2021Between a worldwide pandemic and numerous COVID-19 relief laws to keep up with, 2020 was a whirlwind of a year. And, it looks like the start of 2021 is following in 2020’s footsteps.
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How to Record Inventory Journal Entries
December 29, 2020If you sell products at your business, you likely have some form of inventory. Knowing how much inventory you have on hand, as well as how much you need to have in stock, is a crucial part of running your business. To help keep track of inventory, you need to learn how to record inventory […]
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Patriot Software Offers Seamless Integration With TSheets by QuickBooks
December 15, 2020Canton, OH Patriot Software, an accounting software and payroll company, announces that its customers can now integrate their TSheets by QuickBooks account with Patriot’s payroll software. TSheets by QuickBooks is a web-based timekeeping and employee scheduling software that allows users to track and manage employee time either through a web browser or on a mobile […]
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Eager to Join Forces With Another Business? Keep These 5 Types of Mergers in Mind
November 20, 2020At some point or another, you may want to join forces with another business to help boost profits or cut costs. One way to do this is to merge your business with another company through a merger. There are a variety of mergers to choose from. Are you ready to explore the different types of […]
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Can a Small Business Get a Tax Refund? Yes, No, Maybe So?
November 19, 2020As an individual, you’ve probably received (or have at least dreamed about receiving) a tax refund before. If you have, you’ve probably wondered at some point, Can a small business get a tax refund? Well, wonder no more. That’s where we come in to help.
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What in the World Is a Fringe Benefit Rate?
November 11, 2020As an employer, you probably offer your employees some types of fringe benefits. From health insurance to employee stock options to paid time off, there are a number of benefits out there. These benefits can impact your fringe benefit rate. So, what is a fringe benefit rate?
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Caution Ahead! Have You Heard of Hazard Pay?
November 9, 2020If you have employees who work in hazardous conditions, you may want to give them additional compensation for performing dangerous job duties. This is where hazard pay comes into play. Learn all about hazard pay, whether or not it’s mandatory, and how to create a hazard pay policy.
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What Is Accumulated Depreciation, and How Does it Impact Your Assets’ Value?
November 5, 2020As a business owner, you can look to your balance sheet for answers to questions about your business’s financial health. One thing you may keep track of on your balance sheet is accumulated depreciation. But, what is accumulated depreciation?
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Patriot Rises to Elite Partner Status With the Scaling New Heights Conference™
November 5, 2020Canton, OH Patriot Software, an accounting software and payroll company, is the Elite sponsor for the 2020 Scaling New Heights conference in Orlando, Florida, taking place November 8 – 11. The conference provides advanced technical and practice development training for bookkeepers, CPAs, tax preparers, and other small business advisors.
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