If you are a small business owner and processing your own payroll, this article is a good read for you! Processing their own payroll takes the average small business owner 5 hours per pay period and has resulted in 17% of small businesses surveyed to receive fines as a result of errors. Let Baker Business and Tax Solutions be the small business solution for your small business payroll needs! If you are a current payroll client, please comment on your experiences with the Payroll Team at BBTS!😀
https://smallbiztrends.com/2020/01/payroll-tax-statistics.html
SMALLBIZTRENDS.COM
Payroll Taxes Take up to 5 Hours Per Pay Period for SMB Owners
Do you own Investment Property? Tired of the "Landlord Hustle"?!
Before you sell that property, you should consider the tax implications. Baker Business and Tax Solutions can help you understand your options and the consequences in next year's tax bill before you sell!
https://www.washingtonpost.com/business/2020/03/09/how-maximize-your-after-tax-profits-sale-an-investment-property/
WASHINGTONPOST.COM
Perspective | How to maximize your after-tax profits on the sale of an investment property
If you are a small business owner, you are likely taking out lines of credit or loans to start or grow your business. Learn about the protections that setting up an LLC can afford you. The below is a great article, but think about making Baker Business and Tax Solutions your primary resource for explaining this complicated process. We are the Small Business resource for Small Businesses!
MSN.COM
When Businesses Fail or People Can’t Pay Bills, Liability Limits Can Save the Day
New signage is up for BBTS at our Fort Thomas KY Location! Don't forget that we have two locations in Northern Kentucky to serve our amazing clients!
CINCYMAGAZINE.SECONDSTREETAPP.COM
Check out Baker Business & Tax Solutions.
Thanks to everyone who voted for us and thank you for your continued support
Cincy Area Local Businesses
28 May at 04:19 ·
Congratulations to the following Service providers on being a Finalist for NKY Best of The Best! Don't forget to vote for your favorite.
Accounting Bezold Tax & Accounting Services, LLC Baker Business and Tax Solutions Bramel & Ackley Cpas
Assisted Living Rosedale Green St Charles Community The Seasons at Alexandria - a BLC Community
Bank Credit; @commonwealthbankandtrust Heritage Bank
Barber Shop: Breakroom Barbers @spankysbarbershop Jim Young's Barber Shop
Car Wash: Johnny's Car Wash Mike's Carwash Classic Car Wash
Carpet Cleaners: Blue Sky Carpet Cleaning Shirden's Carpet Cleaning Jolly Cleaning and Restoration
Computer repair: uBreakiFix Tech Castle @blairtech
Windows/Doors Window World of the Queen City (Cincinnati) Jack's Glass Lilly's Glass
Dry Cleaners: Atlas Dry Cleaners Sunshine Cleaners Braxton's Cleaners
Electric: AJ Electric Edgewood Electric Quinn Electric
Exterminator: Black Diamond Pest Control Snowball Pest Control Perfection Pest Control
Financial Planner: Crystal Mann (Charles Schwab) @Quentin Muith (Lifetime Financial Growth, @KenSadler (Mutual Omaha)
Florist: Jackson Florist & Garden Center @SecretGardennky Swan Florist
Funeral Homes: Stith Funeral Homes Chambers and Grubbs Funeral Homes Linnemann Funeral Home
Hearing Aid: Acute Hearing Ellis-Scott & Associates Your Hearing Solution @miracleearhighland heights
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Door and Window: Window World of the Queen City (Cincinnati) (Erlanger, KY)worldofthequeencity Jack's Glass Lilly's Glass
Dry Cleaner: Atlas Dry Cleaners Braxton's Cleaners Sunshine Cleaners
Electric: AJ Electric Edgewood Electric Quinn Electric
Exterminators: Black Diamond Pest Control Snowball Pest Control Perfection Pest Control
Financial Planners: @charles schwab Crystal Doering Wilbers Mann
CNBC.COM
IRS postpones April 15 U.S. tax deadline to May 17
IRS.GOV
IRS Statement about Economic Impact Payments | Internal Revenue Service
Today, the Internal Revenue Service and the Treasury Department will begin delivering a second round of Economic Impact Payments as part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 to millions of Americans who received the first round of payments earlier this year.
The initial direct deposit payments may begin arriving as early as tonight for some and will continue into next week. Paper checks will begin to be mailed tomorrow, Wednesday, December 30
For more information about Economic Impact Payments and the 2020 Recovery Rebate, key information will be posted on IRS.gov/eip. Later this week, you may check the status of your payment at IRS.gov/GetMyPayment. For other COVID-19-related tax relief, visit IRS.gov/Coronavirus.
IRS.GOV
Treasury and IRS begin delivering second round of Economic Impact Payments to millions of Americans | Internal Revenue Service
Baker Business and Tax Solutions
December 28, 2020 at 12:23 PM ·
Stimulus Check FYI!
If you had a new child born in the year 2020, your stimulus payment will not include them. The new stimulus payment program of $600 per taxpayer with an additional $600 for each dependent child will be calculated based on the number of dependents claimed on your 2019 tax return. You are not out this stimulus though! When you file 2020 taxes, you will get an extra $600 in tax credit for any dependent born in 2020.
Stimulus Check FYI!
If you had a new child born in the year 2020, your stimulus payment will not include them. The new stimulus payment program of $600 per taxpayer with an additional $600 for each dependent child will be calculated based on the number of dependents claimed on your 2019 tax return. You are not out this stimulus though! When you file 2020 taxes, you will get an extra $600 in tax credit for any dependent born in 2020.
Baker Business and Tax Solutions
November 20, 2020 at 3:21 PM ·
Keep Baker Business and Tax Solutions in mind to help you navigate the crazy tax season coming up!