April 15, 2016

KEY TERMS TO KNOW

UNCLE SAM - The man who wants YOU to pay him money. He calls it tax!

WITHHOLDING - If you are an employee, this is the amount your employer keeps from your paychecks and remits to the IRS on your behalf.

W-4 (See one HERE) - The IRS form used by employees to calculate and approve how many allowances they are claiming.

ALLOWANCES - The number...

April 2, 2016

THE BENEFITS OF OUTSOURCED ACCOUNTING

What’s one of the most proficient and cost-effective ways to reduce operating costs, get rid of the frustrations that come along with bookkeeping, and free up time so that you can focus on what really matters—growing and managing your business? The answer is outsourcing.

The term outsourcing may sound a little more comp...

March 28, 2016

KEY TERMS TO KNOW

Employee – A person who works in the service of another (the employer) subject to a contract, where the employer controls the conditions of the work.

Contractor/Self-Employed – A person who agrees to provide services to another party, but who retains significant or complete control over how the work is done.

W-2 (See one HERE) – The W-2 for...

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Accounting is like life,

everything must balance.

Olathe Accountant
Olathe tax preparation
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address: 13839 S. Mur-Len Road, Suite F Olathe, KS 66062 (Back-side of building)
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