According to the 2023 AICPA National Management of an Accounting Practice (MAP) Survey, a significant portion of accounting firms are engaging in outsourcing practices, with 30% outsourcing domestically and 25% outsourcing offshore. Furthermore, 14% of firms planned to begin domestic outsourcing, and 12% planned to start offshoring, indicating a growing trend in the industry. This […]
According to CB Insights, 29% of startups fail because they run out of cash, and inefficient financial management is often a contributing factor. The decision between in-house and outsourced bookkeeping isn’t merely an administrative choice—it’s a strategic one that affects your runway, operational efficiency, and even fundraising success. This guide provides a detailed framework to […]
For CPA firms facing a perfect storm of talent shortages, increasing client demands, and margin pressure, white-label bookkeeping offers a solution that addresses all three challenges simultaneously.
A staggering 3.5 billion information returns were electronically filed with the IRS in the 2023 tax year, and with the dramatic threshold change in 2024 from 250 to just 10 returns, millions of small businesses faced electronic filing requirements for the first time. If you’re preparing for the next filing season, understanding the electronic filing […]
The manufacturing sector faces unique tax challenges that can become more complex during periods of business growth. While manufacturers report various operational concerns, a key issue is the cost of tax compliance. According to a Tax Foundation study, large multinational companies spend an average of $194 million annually on federal income tax compliance, diverting resources […]
According to official state data, Florida’s sales tax collections exceeded $40 billion for the 2023–2024 fiscal year. When businesses are non-compliant and pay late, a significant portion of what they ultimately owe comes from statutory penalties and interest. Florida law allows penalties up to 50% of the tax due (recently doubled from 25%) on delinquent […]
We share seven proven strategies that innovative tech companies use to transform their remote payroll from a headache into a competitive advantage. You’ll discover actionable solutions that reduce administrative burden, minimize compliance risks, and potentially save your company thousands of dollars annually.
Florida manufacturers overpay millions in taxes each year simply because they miss available exemptions.
Tax Season for Remote Tech Companies in 2025 As we approach tax season, tech companies with remote workforces face unique challenges that require careful planning and sophisticated compliance strategies. The intersection of technology, remote work, and multi-state operations creates a complex tax environment that demands specialized attention. Year-End Tax Preparation Consider a growing tech startup […]
