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What is Phantom Tax

What is Phantom Tax, and How Does It Work?

Posted: August 19, 2024

Phantom tax often occurs in partnerships, investments, and real estate transactions. It refers to a taxable gross income the taxpayer...

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Payroll Register - Guide to Master Payroll Management

What is a Payroll Register? A Guide to Master

Posted: July 29, 2024

Whether you own/manage a small or medium-sized business, you need accurate and comprehensive employee compensation records. To do it, you...

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Should Your AEC Firm Use QuickBooks Bookkeeping Services?

Posted: July 23, 2024

You may think that the AEC (Architecture, Engineering, and Construction) industry has so much more to do than choosing bookkeeping...

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What is Tax Liability

What is Tax Liability?

Posted: April 29, 2024

If you pay taxes, you’ve definitely asked yourself this question at some point. We don’t want to fill you in on the details and explanations...

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how to report ERC on tax return 1120S

How To Report ERC (Employee Retention Credit) On Tax Return 1120s?

Posted: March 26, 2024

  Are you a small business owner wondering how to navigate the complexities of reporting the Employee Retention Credit (ERC)...

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