small business accounting

Tax Benefits of Leasing a Car vs Buying a Car for Your Business

Business Accounting, Business Tax Planning, Vehicle Deductions /

Tax Benefits of Leasing a Car vs Buying a Car for Your Business When it comes to acquiring a vehicle for your business, one of the most important questions is: Should I lease or buy—and which option offers better tax benefits? The answer depends on how you plan to use the vehicle, your cash flow, […]

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What’s the Difference Between Payroll Tax and Income Tax?

Accounting, Business Tax, Financial Services, Payroll, Tax Planning /

What’s the Difference Between Payroll Tax and Income Tax? If you’ve ever looked at your paycheck (or handled payroll as a business owner), you’ve probably seen deductions for both payroll tax and income tax. At first glance, they might seem like the same thing—but they’re actually two very different parts of the tax system. Understanding

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