Free Training for Painting Contractors

For example, you can use them to automatically generate and send invoices to your customers in a flash. The bookkeeping done-for-you service offered by Less Accounting enables the painters to save their time greatly by automating tons of bookkeeping tasks. In your new painting business, it’s never too early to get a jump start … Read more

What Are Liabilities? Definition, Examples, and Types

Examples of contingent liabilities include warranty liabilities and lawsuit liabilities. Deferred revenue indicates a company’s responsibility to deliver value to its customers in the future and helps provide a clearer picture of the company’s long-term financial obligations. Accounts Payable – Many companies purchase inventory on credit from vendors or supplies. When the supplier delivers the inventory, … Read more

TurboTax Self-Employed Review 2024: Features & Pricing

It will search more than 450 tax deductions in a variety of areas including qualified retirement plans, home office deductions, automobile expenses, and depreciation expenses. It quickly identifies common business expenses such as advertising expenses, bank service fees, travel, and meals and entertainment. Developed more than 30 years ago, TurboTax has evolved from personal tax … Read more

Single Member LLC Self Employed Version; how to use

The tax amount can be a bit of a moving target, but tools like a self-employment tax calculator can give you a heads-up on what to expect. People jumped into everything, from being online merchants to content creators and influencers on platforms like TikTok, OnlyFans, and Instagram. Many or all of the products featured here … Read more

New York State Income Tax Rates and Brackets

This credit is for full-time New York residents who have a child who doesn’t live with them and for whom they pay child support for at least half the year. You must be current on your child support obligation to qualify. This is a credit for expenses for the care of a child or … Read more

New York Income Tax Rates for 2024

Select the type of refund status message you received for an explanation of your return and refund status. To check your refund status, you need the amount of the New York State refund you requested. See Requested refund amount to learn where to find this amount. Income Tax Credits in NYC For taxpayers in the … Read more