When Can You File Small Business Taxes in 2022?
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xendoo Team
This year, make things easier on yourself by planning ahead. You’ll thank yourself for filing business taxes according to the prescribed deadlines. Not only will this save you from sweating over a shoebox full of receipts, but making on-time tax payments will save you from any late fees or interest payments. To help you with […]
How Do I Pay Myself and My Taxes as a C-corporation?
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xendoo Team
When businesses are first created, every responsibility falls on the business owner. As they juggle increasing sales, customer service, marketing, and even bookkeeping and accounting, two questions come to mind – how do I pay myself? How do I pay my business’s taxes? Self-payment for small business owners is far from simple. There are certain […]
How Do I Pay Myself and My Taxes as a Partnership?
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xendoo Team
Every partnership owner faces the unique challenges of self-payment, tax filing, and maximizing their tax savings. Although they would rather focus on growing their business, taxes and payroll often take up too much of their valuable time. If the self-payment struggle is all too familiar to you, xendoo is here to help. We have created […]
Tax Savings for Small Business Owners: Bonus Depreciation and Section 179
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xendoo Team
When making a major purchase for your business, you are expected to spread the tax deduction out over the lifespan of that purchase, which provides small tax savings over the years. But, why wait? Business owners can take advantage of Bonus Depreciation and Section 179 to invest in their businesses, resulting in an enormous tax […]
How Do I Pay Myself and My Taxes as an S-corporation?
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xendoo Team
When businesses are born, business owners are likely not daydreaming about taxes and payroll. Yet, they still face the unique challenge of figuring out how to pay themselves, file their taxes, and maximize their tax savings. As their business grows, many business owners opt for S-corporation Election due to the tax advantages it presents, but […]
Questions to Ask When Looking for a CPA
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xendoo Team
Running your own business can be tough. Between handling staffing issues, overseeing the procurement of essential resources, and planning your next marketing campaign, you might be stretched thin — not to mention all of that dreaded accounting work that you have to do to keep your books up to date! Like many other business owners, […]
3 Tips for Catching Up Your Books
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xendoo Team
Falling a little behind in your books is no big deal. After all, you can always catch up tomorrow, right? But how many “tomorrows” in a row does it take before you lose control over your incoming and outgoing expenses? Before long, your overdue books are hanging over your head like that project you forgot […]
4 Signs Your Business Needs Online Bookkeeping
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xendoo Team
Bookkeeping is Holding You Back Business owners know their companies like the back of their hands. They are the head of every department and perform the work of multiple people. Of all the roles they play, our customers express that the bookkeeper role is their least favorite. DIY bookkeeping holds business owners back from fully […]
How Much Does a CPA Cost?
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xendoo Team
If you’re a business owner looking for CPA services, pricing is one of the first factors you consider. Yet, finding the cost of CPA services online isn’t easy. Industry research is often inaccurate and misleading. It also doesn’t factor in your unique business tax and accounting needs, so the actual price ends up being higher […]
Online Bookkeeping Services for Small Business Owners
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xendoo Team
Author’s Note: This post was updated on February 23, 2022, with new information, links, and resources. Bookkeeping is vital to the success of every business, but business owners rarely have the time (or desire) to manage it themselves. Many small businesses save time by partnering with an online bookkeeping and accounting team. However, there are […]