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Showing posts from January, 2022

Sales & Use Taxes Deadline January 19th, 2022

Business Sales & Use Taxes Deadline January 19th, 2022 If you electronically file and/or pay sales tax with the Florida Department of Revenue, you must complete the initiation of your December, 2021 reporting period payment on or before 5:00PM, Eastern Time, on Wednesday, January 19th, 2022 , to ensure you pay on time. To learn more about Florida Sales & Use Taxes Read about: Do you have physical nexus in Florida? Tax or fee due dates that occur on a weekend or holiday are moved forward to the next business day. However, initiation dates for electronic payments are moved back to the previous business day to ensure the funds are received by the state on the tax due date. State recognized holidays are listed on the reverse side. Late returns and payments may be subject to a late penalty.  The late penalty of 10 percent of the amount of tax owed, but not less than $50.00, maybe charge. The $50.00 minimum penalty applies to all returns filing late, even if no tax was due. In additi...

Benefits Of Online Bookkeeping Services For Your Business

In this article, we will explain the benefits of online bookkeeping services for your business. When you are just starting a company, it may make sense to try to meet your own accounting and bookkeeping requirements. As a result, costs are reduced. But it didn't take long to realize that you might need help. Why not rely on online accounting services for these tasks so you can focus on your business? Today we are going to take a closer look at the business benefits of online bookkeeping and how these services can help you get your mind off the books and back into the game. Regardless of the industry, accurate and efficient accounting is essential. It can help you manage your business finances and make smart, data-driven decisions. Fortunately, you don't have to hire an in-house accountant. Also Read: How Much Does A Bookkeeper Cost? Save money Hiring a full-time accountant is expensive. You must cover their salaries, payroll taxes, benefits, and insurance. You will also ha...