Five Cities Business Services

Business Tip: Only a licensed CPA can provide assurance services; this is regulated by the states. A CPA who provides certain assurance services must be independent from the business that it is writing an opinion for. Learn more here! https://5cbs.com//the-concept-of-independence-in-accounti/ #soleproprietor #virtualaccountant #virtualbookkeeping #virtualcfo #smallbusiness #bookkeeping #businessowner #quickbooks #quickbooksproadvisor #businesswoman #femaleentrepreneur #entrepreneur #smallbiz #virtualbookkeeper #taxtips

Each year thieves try to steal billions in federal withholdings by stealing your identity. As the IRS focuses more attention on this quickly growing problem, now is the time of year to be extra vigilant. Couple tips: File Early, Get an Identity Protection PIN, Check your credit reports, and Protect your ID. Want to learn more? Visit our website or contact us today! #soleproprietor #virtualaccountant #virtualbookkeeping #virtualcfo #smallbusiness #bookkeeping #businessowner #quickbooks #quickbooksproadvisor #businesswoman #femaleentrepreneur #entrepreneur #smallbiz #virtualbookkeeper #taxtips

THIS JUST IN!!! The IRS has extended its acceptance of digital signatures through June 30, 2021.1 The categories of documents included are: Extensions of statute of limitations on assessment or collection; Waivers of statutory notices of deficiency and consents to assessment; Agreements to specific tax matters or tax liabilities (closing agreements); and Any other statement or form needing the signature of a taxpayer or representative traditionally collected by IRS pe...rsonnel outside of standard filing procedures. #5cbs #2021 #tax #taxes #smallbusiness #smallbusinesssupport #smallbusinessowner #quickbooks #quickbooksonline #bookkeeping #financialfreedom #cyrptocurrency #crypto #cryptotax #costsegregation #researchanddevelopment #payroll

It seems like the IRS is running behind this year also. They just announced that they will start excepting tax filings for 2020 on February 12th this year. This doesn't mean that you can't get a head of the game. Contact us today to complete your taxes and get them ready for filing!. Link in Bio #tandyconsulting #2021 #tax #taxes #smallbusiness #smallbusinesssupport #smallbusinessowner #quickbooks #quickbooksonline #bookkeeping #financialfreedom #cyrptocurrency #crypto #cryptotax #costsegregation #researchanddevelopment #payroll

Form 1099-MISC, Miscellaneous Income and Form 1099-NEC, Nonemployee Compensation, are due to recipients on February 1, 2021, with some exceptions. Time is running out to complete and if you need help give us a call today! #smallbizlife #financialtraining #budgeting #entrepreneurlife #bookkeeper #loveyournumbers

By law, employers are required to file copies of their Form W-2, Wage and Tax Statement, and Form W-3, Transmittal of Wage and Tax Statements, with the Social Security Administration by January 31. However, since January 31 falls on a Sunday in 2021, the deadline is the next business day, Monday, February 1. #W2 #1099 #Beprepared #bookkeeping #businessowner #quickbooks #quickbooksproadvisor #businesswoman #businesswomen #femaleentrepreneur #entrepreneur #smallbiz