Taxes? Accounting? Specializes in small business? Check, check, check. At PSA CPA, we offer end-to-end tax preparation, small-business accounting and bookkeeping, and payroll services – all with a smile! Whether you’re looking for friendly expertise, real-time feedback on a new business venture or accounting question, or simply want to file your taxes and discuss the details with an expert – look no further and give us a call or email! We grow as you grow because your success is our bottom line! Learn more about us!
Every small business owner eventually becomes concerned about their company’s tax ramifications, as well as the need to manage accounting and other demands. Attempting to manage these responsibilities alone can result in a great deal of inefficiency and...
As a self-employed business consultant, you probably assume a variety of positions and titles. Your clients count on your industry knowledge to boost output and boost sales and profitability for their businesses. However, for tax deduction and reporting purposes, you...
Comptroller Brooke E. Lierman has stated that the Office of the Comptroller will waive late payment penalties and interest for Maryland businesses until May 31, 2024, to address the economic effect of the Francis Scott Key Bridge collapse. According to investigators,...
What is the qualified business income deduction? The Qualified business income deduction (QBI) allows self-employed and small-company owners to deduct up to 20% of their qualified business income from their taxes. In general, to qualify, total taxable income in 2023...
Sole proprietorship taxes differ from other business entities, such as corporations, in that the business is not taxed separately from the owner. Instead, you record and pay your single proprietorship taxes on your personal tax return. To explain, the IRS refers to...
How to treat the home office deduction Many people who work for themselves do so from home. If that describes you, you are probably familiar with the home office deduction. If you have a home office that you utilize on a regular basis and only for business purposes,...
I struggle with keeping receipts organized—any tips?