The Speedy Tax Blog – Honest Guidance From People Who’ve Been There
Tax Tips, Small Business Advice, and Real-World Know-How
At Speedy Tax Preparation & Bookkeeping Service, we believe that good advice should be easy to understand and even easier to apply. That’s why we created this blog—to help individuals, families, and small business owners make sense of their finances, one topic at a time.
How Late Filing Impacts Your C-Corporation Tax Obligations
Running a C-Corporation comes with the hefty responsibility of meeting various tax obligations. One of the most important aspects of corporate tax management is ensuring timely filing. Missing tax deadlines can feel like no big deal at first, but the repercussions can...
When Your Books Don’t Balance: Red Flags That Require Professional Help
Keeping your business's financial books balanced might seem straightforward, but many business owners know it can be anything but. The process requires careful attention to detail and can quickly become overwhelming, especially when the numbers don't add up. Balancing...
How Customized Payroll Reporting Can Improve Business Planning
Understanding how financial elements fit into business planning can change the way you approach day-to-day operations. One crucial aspect of this is customized payroll reporting. Imagine having a tool that not only handles payroll but also helps forecast future...
What Happens If You Find Errors After Filing Your Tax Return?
Dealing with errors on your tax return isn't something anyone wants to face, but it's a reality that can affect many. You spend a lot of time gathering documents, crunching numbers, and making sure every detail is just right. Even with careful preparation, mistakes...
How to Avoid Payroll Calculation Errors That Cost Your Business
Payroll calculations might not be the most exciting part of running a business, but they are definitely one of the most important. Every payday, numbers need to add up properly to ensure that employees are paid accurately and on time. When errors occur, it can lead to...
5 Questions to Ask Before Hiring an Outsourced Bookkeeping Service
Choosing the right outsourced bookkeeping service is an important decision for any business. It impacts your financial management and influences the overall efficiency of your operations. Whether you're running a small startup or managing a larger company, effective...
Reconciliation Problems: How a Bookkeeper Solves Balance Discrepancies
Ever wonder why sometimes your business accounts don't quite add up? Reconciliation problems can be quite the headache, appearing when the numbers in your financial records don't fit what's in your bank statements. It's like trying to complete a puzzle when the pieces...
How to Verify a Notary’s Credentials Before Signing Documents
Signing important documents can be a nerve-wracking endeavor, especially when you want everything to be legally binding and secure. One key factor you should never overlook is ensuring that the notary you're working with has the right credentials. In North Carolina,...
What to Bring to Your First Meeting with a Tax Preparer
Preparing for your first meeting with a tax preparer can feel a bit overwhelming, especially when you’re unsure of what to take with you. Having the right documents on hand can help make the process smoother and less stressful. This first encounter sets the tone for a...
Tax Deductions C-Corporations Often Miss on Their Returns
Running a C-Corporation can be demanding, especially when it comes to taxes, so finding ways to minimize tax liability is crucial. One way to achieve this is by making sure not to miss out on vital tax deductions that can significantly benefit your bottom line. Many...