Small Business Payroll – Part 2

How to Do PayrollDo it yourself: If you have more time than money, this might be your only choice. This is the most time consuming option and also most like to result in penalties. Do it yourself (with help): Most commercial accounting software offers a payroll add-on. The time...

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Small Business Payroll – Part 1

Small business payroll is a very important and potentially time consuming task. Why is small business payroll so important? Employees don't stay very long if they aren't being paid on a timely basis Payroll tax penalties can be substantial The penalties on federal payroll...

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How to Be a Tax Prepare

When tax season comes around you may find yourself stressed by the idea of having to manage your taxes and all that tax preparation entails. Particularly if you are self-employed or a Sole Proprietor. But don’t worry West Midlands Accountants LTD is highly experienced and...

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Types of Accounting Services Providers

All accountants are not created equal. This guide explains the basic types of accounting professionals so that you’ll be in a stronger position to choose a person or company for this vital role in your business. As a general guide ensures that the professional that you select...

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The 9 Common Tax Audit Triggers – Part 2

5. Claiming Business Losses Every Year Business losses are part of the small business world. The first few years are tough and sometimes you’ll go through a rough period after enjoying profitable years. However, if you are constantly claiming losses, year after year, you’ll be on the IRSs radar. They might assume you’re taking deductions you’re not...

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The 9 Common Tax Audit Triggers – Part 1

1. According to statistics, just 0.9 percent of people who make under $200,000 were audited last year, compared to 10.9 percent of those who made over $1 million. If your schedule C shows more than $1 million in sales, the odds of being audited increase substantially. With...

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Should we outsource our bookkeeping?

Is your small business growing rapidly? If so, you might soon require the services of a professional bookkeeper. West Midlands Accountants LTD, Return to Reality, has been supplying top-notch bookkeeping services to clients in the West Midlands area for years! Those who use...

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Bookkeeping Online Service

If you are good with numbers and you enjoy working with people, starting an online bookkeeping business may be an entrepreneurial idea that you may want to consider. With an online bookkeeping business, you will be able to set your own hours and have some control over your...

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Tax Return Preparation with West Midlands Accountants LTD

Payroll Firms Electronic Tax Services West Midlands Accountants LTD is an income Tax service company with over 17 years of experience in the area. Our office brings an exciting change to the traditional method of tax preparation and filing. Our mission is to provide professional...

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