With high school graduations underway, it leaves many parents thinking ahead to when their young children will be graduating from high school and heading off to college---but when and how should they start saving for their child’s college education? Robert Canterbury sat down with CBS 6 News to talk about investing in a 529 college plan.
BST Virtual Accounting Solutions stands out because of the relationships we build, the advanced services we provide and the unique dashboards we create.
The American Rescue Plan Act (ARPA) significantly liberalizes the rules for the federal child tax credit, which means more money in the pockets of eligible parents this year. However, the liberalizations are only for the 2021 tax year. Here's the story.
The 2021 advance child tax credit (CTC) payments, which were established under a recent law, will begin being made on July 15, 2021, the IRS announced. The tax agency also stated that "roughly 39 million households — covering 88% of children in the United States — are slated to begin receiving monthly payments without any further action required."
Businesses of all kinds can benefit from “renting” an accountant, or outsourcing to a trusted provider. Compared to the costs and hassles of employing an accountant, outsourcing is so easy and efficient that businesses can’t afford the alternative.
Retailers, car wash businesses, and other companies are paying too much to their bookkeepers. A smarter way forward is outsourcing full accounting functions to a trusted provider.
With the income tax deadline fast approaching on May 17, tax refunds will be hitting many of our bank accounts, while some others may need to make a payment. Since our 2020 taxes are top of mind, now is the time for 2021 Tax Planning.
If you’re running your small business’ accounting functions on a desktop, you’re running out of time. Cloud-based accounting solutions offer better scalability, as well as real-time visibility, and other features that give your business room to grow.
BST's tax newsletter. In this issue: Which Start-Up Costs Are Deductible for Federal Tax Purposes, Employee Retention Credit: New Angles for Nonprofits, Tax Breaks for Green Manufacturers Are Expanded, PPP Application Deadline Extended in New Law, COVID-19 Relief: Overview of the New American Rescue Plan Act, and Employees Now Enjoy Even Greater Flexibility with FSAs.
With fractional accounting, businesses pay only for the services they need from experienced finance professionals, which can help businesses reduce costs, scale with ease, and remain focused on core competencies.
