Using accounting software can streamline the bookkeeping process and reduce errors. However, if your business is very small with simple transactions, you may be able to manage bookkeeping manually.

Failing to file taxes or filing them incorrectly can result in penalties, fines, and even legal consequences. It's essential to ensure compliance with tax laws to avoid these issues.

Payroll taxes typically include federal income tax, Social Security tax, Medicare tax, and state income tax (if applicable). You can calculate these taxes based on your employees' wages and applicable tax rates.

ou should maintain records of employee wages, tax withholdings, benefits, time off, and any other relevant payroll information for each pay period.

We offer a range of advisory services, including financial planning, budgeting, cash flow management, business analysis, risk management, and strategic planning, tailored to meet the specific needs of your business.