Blog
Tax Exemption Requirements For Philadelphia Non-Profit Organizations
Non-profit organizations in Philadelphia do a lot of good across communities, from feeding families and running shelters to offering education and health services. But doing good work doesn’t automatically mean being free from taxes. If you’re starting a non-profit or...
Year-End Financial Statement Preparation Best Practices
As the year edges closer to a finish, it's a smart time to look back at your business finances and get everything in order. Preparing your year-end financial statements isn’t something to push off until the last minute. These reports give you a solid view of how your...
Required Documents For ITIN Number Applications In Philadelphia
If you live in Philadelphia and need to file taxes but don’t have a Social Security Number, you’ll probably need an ITIN, or Individual Taxpayer Identification Number. The IRS issues these numbers to help people meet their tax obligations, even if they aren’t eligible...
Self-Employment Tax Filing Guidelines For Philadelphia Residents
Philadelphia has seen a steady rise in self-employment over the past few years. From freelance designers and gig drivers to independent consultants and online sellers, more locals are taking the leap to become their own boss. While being self-employed comes with...
Addressing Employee Overtime Payment Calculations And Issues
Getting employee overtime calculations wrong can lead to more than just upset workers. Payroll errors, even small ones, can create legal trouble and throw off your entire recordkeeping system. Employers have to follow specific laws when it comes to compensating...
Key Documentation Required For Successful IRS Audit Defense
Getting audited by the IRS can catch anyone off guard, especially if paperwork isn’t in order. Whether you’re a small business owner or managing your own tax documents, being prepared can make a big difference in how manageable the process feels. Having the right...