Tag: business services

paying employees in cryptocurrency paying employees in cryptocurrency

Can You Pay Employee’s In Cryptocurrency?

paying employees in cryptocurrency paying employees in cryptocurrency Cryptocurrencies have marked their place in the economy, with investors banking early on forms like Bitcoin, and walking away with exponential growth to their investment. By what about paying employees in this form? “When a company first approaches its employees about paying them in cryptocurrencies, like Bitcoin and Ether, employees might be a bit apprehensive. It might take some good, old fashioned education to get people on board with receiving digital coins instead of pay check or cash… ” [ Read more here ]

business services from sterling accounting

Accounting Services Your Business Can Depend On

business services from sterling accounting Are you spending too much time keeping the books, and not focusing on growing your business? The financial team, at Sterling Tax & Accounting Services, with over 15 years experience is waiting to help you with:

Accounts Receivable, Accounts Payable, Accounts Reconciliation, QuickBooks® Set Up and Training, Small Business Payroll, Processing Small Business Quarterly Tax Reporting, Annual Government Filing, Financial Statements, and More!

Contact the professionals today!

Don’t Let Social Security Taxes Sink Your Finances

Social security taxes can sink your finances depending on your income level. Protect yourself from financial devastation with the expert accounting services from Sterling Accounting.

“Did you know that if your income is high enough, you’ll have to pay taxes on some of your Social Security benefits? In fact, you may have to pay income tax on up to 85% of your retirement benefit checks. Luckily, there are ways to reduce or even eliminate those taxes by making most of your income nontaxable…” [ Read more here ]

lottery payment taxes

How Much Will That $758M Powerball Winner Pay In Taxes?

lottery payment taxes It’s the largest lottery winning ever that will be going to one individual winner, but with that large payout, there will also be a large tax bill incoming.

“The one lucky person holding the $758.7 million Powerball jackpot ticket sold in Massachusetts will have an avalanche of financial decisions to make in the coming days and weeks.

It’s the biggest single lottery jackpot win in North American history…” [ Read more here ]

Why Is Filing Taxes In America Such A Pain

America’s tax system can be a nightmare for many, with the endless paperwork, and tracking of all your finances. But tax time doesn’t need to incite fear! Get the professional help of Sterling Accounting, today!

“Americans will spend more than six billion hours this year gathering records and filling out forms, just to pay their taxes. They will pay some $10 billion to tax preparation firms to help get the job done and spend $2 billion on tax-preparation software…” [ Read more here ]

Diving Into The Future Of The Accounting Industry

Technological advances have supercharged the accounting industry, allowing individuals to begin using their time differently thanks to the implementation of automation, and it continues to shape the future of the industry…

“The accounting industry was one of the first to be impacted by an increase in advanced data technology, with the adoption of technologies such as tax software and tools that help accountants reduce the amount of errors made. However, based on recent Bureau of Labor Statistics data, and what we see at accounting staffing firms, the future of accounting shines brightly for those with established careers and those still trying to determine if it’s the right career path for them…” [ Read more here ]