Uh oh…You’ve just received a letter from the IRS. It might be too intimidating to open, but don’t panic! Take each of the steps below (along with a deep breath) before you begin to worry. Most importantly…read it carefully! For the most part, these letters are about federal tax returns or accounts. Oftentimes the letter […]
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If your business has seen tremendous growth since its beginning, it may be time to hire a part-time CFO that can provide valuable knowledge regarding your business’s finances. Your first thought may be, “Isn’t that a large expense?” However, choosing to outsource a part-time CFO can be a cost-effective move. Rather than paying a full-time
How Can Outsourcing a Part-Time CFO Help Your Business? Read More »
August is the perfect time to make sure that you are paying enough to cover your tax liability, whether through estimated tax payments or through payroll withholding. There is still plenty of time left in the year to make any necessary corrections in order to avoid surprises when you file your 2022 tax return. Below
Check In On Your Tax Withholding and Estimated Tax Payments Read More »
Navigating the world of tax laws can be a strenuous and time-consuming process. Instead of spending your time focusing on these complexities, you could be growing your business. Here at Ryder & Company, we can help you with all of your payroll processing and CFO needs, giving you more time to prioritize profit-boosting activities. Below
Benefits of Outsourcing Your Payroll with a Local Company Read More »
The IRS has announced a change in the standard mileage rate for the final six months of 2022. Effective July 1, the standard mileage rate will be increased to 62.5 cents per mile, up 4 cents from 58.5 cents at the beginning of 2022. Along with this increase, the IRS has also raised the mileage
Updates to the Mileage Rates for 2022 Read More »
Many individuals pay estimated taxes throughout the year. For many more, they may not know they can pay them as well and save money. If you’re not sure what estimated taxes are, they are a way for you to pay in for any taxes you may owe, that are not subject to payroll withholding taxes.
Should I Pay Estimated Taxes? Read More »
Tax season is in full swing! If you haven’t started working on your 2021 tax return, you should do so as soon as you can—the tax filing deadline is coming up on April 18th. You may actually be wondering if you need to file a 2021 tax return. If you are under 65 and filing
Do You Know If You Need to File A 2021 Tax Return? Read More »
Tax season is here! Now is the time to start (or finish) collecting your tax return paperwork. It’s also time to reach out to your tax professional to schedule your appointment. But how do you know who is the right tax professional to choose? There are some factors you need to know and questions to
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The end of the year is almost here and there is still time to do some tax planning for your small business. These tips will help you save in taxes and help keep more of your hard-earned money in your pocket. Bonus Depreciation Do you need computers, equipment, furniture, or other assets to keep your
End-of-the-Year Tax Planning for Small Businesses Read More »
Are you a business owner? Do you work from home? If so, you may be able to qualify for some home office deductions! Let’s discuss so you can be prepared when you file your 2021 tax returns. Something to note, before we get into it further: employees are not eligible to claim the home office
Business Owners: Do You Qualify For Home Office Deductions? Read More »
