Are we likely to see a tax shakeup with the proposed reform taking place this year? Tax professional’s aren’t all that certain… “Nearly two-thirds of the survey respondents (63.5 percent) said compromise in Congress is most needed to ensure passage of tax reform. For the survey, Deloitte polled more than 3,100 attendees during a webinar last month….” [ Read more here ]
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 ]
Sterling Accounting is your one stop shop for cutting through the mess of paperwork, account management, payroll, and the dreaded tax time. Get the financial experts on your side and open up time to focus on extending the horizon’s of your business!
Follow Sterling Accounting on Twitter for the latest news and updates.
Artificial intelligence has touched a plethora of industries, and it’s revolutionized the way we look at business data and logistics. And the accounting industry isn’t any different…
“Artificial intelligence is affecting all sorts of industries, and accounting is no exception. After years of working closely with professional accountants and providing them with advice on tech and cybersecurity, I’m noticing a growing trend among them: They’re utilizing bots and AI in their professional routines…” [ Read more here ]
With the tax debate in full swing, the question arises – would cutting taxes affect the economy in a beneficial way? Americans for Tax Reform President Grover Norquist takes a dive into the controversy on Fox Business:
Take the focus and time spent off of the remedial tasks of tracking and managing payroll, and let that time help you build your business’s success. The experts at Sterling Accounting can handle the books for you! From the largest business to a living room operation, Sterling Accounting has business solutions for all!
Contact their offices today for the solutions your business needs!
Sterling Accounting is your answer to opening up the time you need to focus on building your business, by allowing the professionals to worry about the hassles of accounting and bookkeeping. Follow Sterling Accounting on Google+ today and keep up with the latest news and updates.
Jeff Bezos temporarily dethroned Bill Gates as the world’s richest man, but with much of his stock tied up in business dealings it was a temporary win, with the battle now on for the title!
“The vast majority of the Bezos fortune is tied up in Amazon stock, of which the CEO owns nearly 17%. That stake alone is worth $83 billion, meaning Bezos could just as quickly lose his new title as the world’s richest man should Amazon’s stock decline, or Microsoft’s value rise…” [ Read more here ]
It seems the numbers surrounding the Floyd Mayweather vs IRS situation is getting murkier, as the IRS is being forced to lay off the boxer following a big chunk of cash he paid out… “A new report says that Floyd Mayweather’s $3.3 Mill tax lien has been released by the IRS, even though he appears to still owe the IRS a whopping $29 million. If true, it might make you wonder why the IRS often pushes so relentlessly to collect, but seems to ease off in some cases…” [ Read more here ]
Your personal taxes can be daunting enough of a task… but if you’re on the books for payroll taxes to your employee’s the IRS will likely be keeping a watchful eye over your activities…
“Payroll taxes are withheld from wages and are to be promptly paid to the government. This is trust fund money that belongs to the government, and no matter how good a reason the employer has for using the money for something else, the IRS is strict…” [ Read more here ]