Our office is closed today but we will back to normal hours tomorrow!
More training for us means more knowledge to share with you! We became Certified ProAdvisors to better serve our clients with their QuickBooks Online accounts.
The tax deadline is one week from today!
Have you filed your return yet?
We hope everyone has a safe and happy holiday!
Our office will be closed Friday, July 3rd in observance of Independence Day.
We will reopen Monday, July 6th at 8am.
If you need to drop something off while we are closed, please use the drop box located to the south of our doors.
Do you hate processing your payroll or reconciling your books? We can help!
Did you know that our roots can be traced back to the late 1950s? VRS started with just 4 employees, and now we almost have 30!
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We provide a wide array accounting services and friendly, timely service is always a guarantee!
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Call us today: (605) 692-8425
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#tbt #BrookingsSD #Accounting
Part 2️⃣ of 3️⃣: Do I need an accountant 📒 for my small business?
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Accountants are a level up from bookkeepers. They prepare detailed financial statements and prepare reports for tax purposes. Accountants can also help you see the bigger picture and path your business is on vs. bookkeepers that keep track of finances day-to-day transactions.
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For accounting services at VRS, we can help you with tax management services and forecast financial projections. Learn more about our services here: https://tinyurl.com/y8boum6j or give us a call today (605) 692-8425.
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#TuesdayTips #Accounting #BrookingsSD
NEW BLOG POST
New law doubles business meal deductions and makes favorable PPP loan changes
Check out the link below!
https://vrscpa.com/new-law-doubles-business-meal-deductions-and-makes-favorable-ppp-loan-changes/
Part 1️⃣ of 3️⃣: Do I need a bookkeeper 📚 for my small business?
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Bookkeepers are responsible for accurately recording transactions in your company and offer a literal look at where you stand financially at the moment. It can be a complicated and time consuming process, taking time away from you effectively managing your business.
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For bookkeeping services at VRS, we can help you with the organization and day-to-day tasks of bookkeeping through the use of software and training. Learn more about our services here: https://tinyurl.com/ybcq43s4 or give us a call today (605) 692-8425.
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#WednesdayWisdom #Bookkeeping #BrookingsSD
NEW BLOG POST
The right entity choice: Should you convert from a C to an S corporation?
Check out the link below!
https://vrscpa.com/the-right-entity-choice-should-you-convert-from-a-c-to-an-s-corporation/
🎄🎁 🔔Happy Holidays from our families to yours! 🎄🎁 🔔
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#HappyHolidays #BrookingsSD
At https://vrscpa.com/, you can request an appointment online for our Brookings or Watertown office!
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Don't wait to get your taxes figured out - contact your local tax experts today!
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Brookings Office: 📞 (605) 692-8425
Watertown Office: 📞 (605) 886-8425
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#TaxSeason #VRSCPA
VRSCPA.COM
VRS - Accounting Firm in Brookings and Watertown, South Dakota
Are you a small business that works primarily with e-commerce? Or are you thinking about selling products or services online?
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If you sell across state lines, you're required to pay sales tax in those states. Here are some tips on managing e-commerce sales tax:
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✅ Track every penny and keep meticulous records.
✅ Track each state's payment deadline dates.
✅ Know how to remit sales tax.
✅ Ensure you have proper permits.
✅ Understand penalties for mistakes and delays.
✅ Consult an expert.
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A tax professional or a CPA can help you make the best decisions for your online business! Collecting and remitting sales tax correctly can be a big undertaking.
NEW BLOG POST
Is an S-Corporation the best choice of entity for your business?
Check out the link below!
https://vrscpa.com/is-an-s-corporation-the-best-choice-of-entity-for-your-business/
Let's talk about Advisory Services through VRS 🗂️ 💼
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We offer a 'Best Practices Series' where we offer a series of consulting sessions to cover best practices for keeping account records and obtaining tax efficiency. This includes:
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1️⃣ Independent Contractor vs. Employee
2️⃣ Social Security Benefits and Retirement Income Planning
3️⃣ Business Expenses
4️⃣ LLC and Record Keeping
5️⃣ Rental Property Operations
👉 And Much More!
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Give us a call to learn more!
Brookings Office: 📞 (605) 692-8425
Watertown Office: 📞 (605) 886-8425
🚨 ASK THE TAXPERTS 🚨
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Can I claim Covid-19-related tax credits for my business?
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Eligible employers that are entitled to claim the refundable tax credits are businesses and tax-exempt organizations that:
✅ have fewer than 500 employees
✅ pay qualified sick leave wages, and/or qualified family leave wages under the EPSLA and the Expanded FMLA.
If you think you meet these requirements, don't wait! Give us a call for all your Covid-19-related tax questions today!
#Taxperts #TaxSeason #TaxQuestions
NEW BLOG POST
Business highlights in the new American Rescue Plan Act
Check out the link below!
https://vrscpa.com/business-highlights-in-the-new-american-rescue-plan-act/
