In the day-to-day operations of running your small business, the last thing on your mind is filing taxes for that year. Making sound financial decisions on behalf of your business is often difficult enough without the added complexity that comes with tax preparation and filing....
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At Taurus CPA Solutions, we work to build trusting relationships with our clients. Have you thought about asking for help from a tax advisor, but are feeling unsure? We've compiled the following information to help make your decision easier and shed some light on what...
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The distinction between employees and independent contractors is important when it comes to taxes, as it determines how the person is paid by their employer and where their taxes are allocated. However before we dig into the tax distinction, it’s important to define what it...
Continue ReadingA Chief Financial Officer (CFO) plays an integral part in your organization’s financial stability. They have the responsibility of overseeing financial reporting, accounting, audit prep, and other financial related tasks. While hiring someone in-house is a good option, there are also several benefits to outsourcing...
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It goes without saying that COVID-19 has caused financial stress on small businesses across the globe. In fact, in the first week of forced closures and shelter-in-place orders, we saw as much as a 62% decline in the number of hours employees at small businesses...
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