Pandle’s Post

Quick reminder 🚨 Q3 estimated tax payments are due TODAY, September 16th! You must make a payment to avoid paying underpayment or failure to pay penalties. Not sure what to pay? Pay whatever you can today (30% of net profit is ideal). Then, provide your clean bookkeeping records to your CPA for a more accurate estimate. If you need help cleaning up your books, reach out to me! #TaxPlanning #LawFirmFinance #TaxTips

What if calculating VAT could be simpler? 📊 Explore VAT schemes like the Flat Rate or Cash Accounting to streamline your finances. Why not see if one fits your business? #VATsimplified 👉🏻https://lnkd.in/gMeWixD5

COGS & Taxes—What You Need to Know! 🧾 "Did you know that your Cost of Goods Sold (COGS) directly affects your taxable income? 📉 It’s a deductible expense, meaning the higher your COGS, the lower your taxable profits. Understanding this can save you money come tax time! https://lnkd.in/djW9-r6i #TaxTips #COGS101 #eCommerceTax #SmallBusinessTax #BusinessTaxTips #eCommerceFinance #TaxPlanning #OnlineBusiness #Deductions #TaxDeductions #FinancialLiteracy #eCommerceGrowth #TaxAdvice #EntrepreneurTips #SmartMoney #BusinessExpenses #eCommerceAccounting #TaxStrategy

Happy Tuesday all! Here's our Tuesday "Tip of the Day" Even expenses that you pay cash for should be on your books! To get a complete picture of how you’re doing (and probably to reduce your taxes, too!) you can record those using QuickBooks Online. Can I show you how?

If your receipts are in 10 different places (or stuffed in a drawer), it’s time to get organized. Take a few minutes today to gather those receipts for your taxes. You don't have to do the whole job, just start. You'll feel so much better having made progress toward knowing where all your receipts are. A clean set of books means less stress, more deductions, and peace of mind! 👉Follow for more business, bookkeeping and tax ideas.

We're officially one month past tax day, and if you still haven't filed your taxes this year, here's what you need to do to mitigate risk and reduce penalties. Start by filing an extension ASAP. The longer you wait, the higher your failure to file penalties will be! At the same time, pay an estimate of what you owe. It's best to overestimate than underestimate since any overpayment will be refunded later. Remember that the extension does not waive failure to pay penalties, so you're already on the hook for being late by a month if you pay today! 🚨 Finally, get your books cleaned up and ready to file. We have spots available for clients who need their books cleaned up for the October deadline. Book a free consultation to learn if we're the right fit ➡️ https://lnkd.in/e9ZUUX89

"Does Tax Time Feel Like a Horror Movie?" It’s tax season—cue the suspense music. Are you prepared, or will Uncle Sam come knocking? Taxes can be terrifying for real estate investors, but they don’t have to be. You’d be surprised how many deductions you could be missing: 🏠 Depreciation (it’s like free money!) 🚗 Vehicle mileage and fuel expenses 🔨 Repairs and renovations The secret? It all starts with good bookkeeping. Imagine entering tax season confident instead of confused. 💡 Quick tip: Always categorize your expenses by property. It makes year-end reporting a breeze. 👉 Ready to get ahead of the taxman? Visit jerrywithers.com for a FREE consultation today. #RealEstateTaxTips #TaxSeasonHacks #PassiveIncomeStrategy #BookkeepingMadeEasy #RealEstateInvestors #QuickBooks #Bookkeeping #Accounting

I still remember when a client came to us after realizing they had missed several key tax deductions simply because their bookkeeping wasn’t accurate. That mistake cost them quite a bit. But with Assist, they were able to automate their bookkeeping, ensuring that every transaction was recorded correctly and every tax deduction was accounted for. In today’s business environment, accuracy is everything. With AI-driven bookkeeping, you get peace of mind knowing that your numbers are always right. Accuracy isn’t just important—it’s critical. #AIinBusiness #BookkeepingAutomation #FinancialAccuracy

Reminder! 🐝 For individuals filing a 2023 income tax return (Form 1040) or filing for an automatic six-month extension (Form 4868), and paying any tax due - it is time to get those returns ready! ⏰💼 To avoid the last-minute rush next year, send me a message to get a free quote for bookkeeping services so your 2024 financials are ready to hand your CPA right after the start of the year! 📧 info@thebusybbookkeeping.com #taxseason #incometax #taxreturns #DeadlineReminder #financialplanning

If you’re an owner-operator, keeping on top of your taxes and bookkeeping isn’t just a good idea – it’s a necessity. Truck To Success will offer some advice. Listen to Land Line Now online. https://bit.ly/4gdOjAW