Tag: bookkeeping

tax write off for ransom - sterling accounting

Can You Get A Tax Write Off If You’ve Paid A Ransom?

tax write off for ransom  - sterling accounting Well, this one is quite an interesting read… and I think you’ll be as surprised as I was to learn that if a business has been the victim of a hacking attack and has paid a ransom – there is a chance they can write off those losses on their taxes.

“The IRS defines a theft as the taking and removing of money or property with the intent to deprive the owner of it. The taking of property must be illegal under the laws of the state where it occurred and it must have been done with criminal intent…” [ Read more here ]

 

how will automation affect the accounting industry? - sterling accounting

How Will Automation Influence The Accounting Industry?

how will automation affect the accounting industry? - sterling accountingAutomation has been in the headlines, making it’s way into a number of industry’s. But what will happen with the accounting industry?

“The computer process allows for easier sorting and analysis of large sets of data, as well as handling everything from driving cars to basic customer interactions to company logistics. But what about the accounting industry?…” [ Read more here ]

 

Leave Your Business Payroll Needs To Sterling Accounting

Payroll mistakes can cost your business big – and more than just monetarily. Let the professionals at Sterling Accounting handle your books and avoid devastating errors…

“Failure to comply with payroll laws can cause increased scrutiny from government agencies, penalties, fines and – in extreme cases – imprisonment. Employee goodwill also could be lost, as workers quickly tend to become disillusioned by payroll mistakes…” [ Read more here ]

why should you be outsourcing your payroll?- sterling accounting

Starting A Business? Here Are Today’s Top 5 Industries

Startup’s have thrived in recent years thanks to the inundation of the internet in our everyday lives. If you’re looking to enter into the market – here are the top 5 industries with promising returns:  “Here are five industries with promising futures, based on data from the U.S. Bureau of Labor Statistics, market research firm IBISWorld and financial information company Sageworks….”  [ Read more here ]

It’s Never Too Early To Start Thinking About Your 2017 Taxes

I know… the last thing you want to start thinking about again are next years taxes after just filing your 2016. Let the worry subside and get the help of Sterling Accounting to handle all your tax needs.

“You may think it’s too early to start thinking about your 2017 tax return, but in fact, planning right from the beginning of the year gives you the greatest opportunity to save money on your taxes…” [ Read more here ]