Learn how to pay independent contractors in 2025. Discover what to consider while making payments to streamline payments and maintain compliance.
These methods are generally instant and allow the customer to pay without visiting their bank website. In the case of direct debit, the customer can authorise ongoing payments. This allows you to take money direct from their bank account whenever a bill is due. Benefits of online payment ...
Get an introduction to the many jobs of a bookkeeper – from data entry to reporting and tax prep. Learn the why, what and how of all these key tasks.
Sales and Use Tax: Depending on your business’s location and the products or services you offer, you may need to collect sales tax from customers and remit it to your state or local government. Be sure to register for a sales tax permit if required and stay up-to-date on your state’...
To learn more about streamlined add-on software with better global payables, payments, and multi currency capabilities, download our white paper, “The Last Mile of Xero: What Finance Leaders Must Address.”
Integrates with QuickBooks, Xero, Sage, and more How to manage FX risk (+ Tools) The best way to manage any type of risk, whether operational, cybersecurity-related, or financial, is to take a comprehensive approach from all angles. There isn’t one currency protection strategy for your bu...
You can use the 1099-NEC tax form “to report payments of $600 or more to non-employees (contractors)”. This means that this form applies to most 1099 employees. QuickBooks offers pre-printed kits that contain the tax forms (with three tax forms per page) ...
2. Pay items can be flexibly connected to Xero Under the epidemic, in addition to the basic salary calculation, Workstem can also process HR work. The data of staff allowances, holidays, MPF and tax returns can be recorded and calculated in the system according to the latest Employment Ordin...
Other integrations that would be helpful include tax software and bookkeeping software. Tool integration may be another feature to consider when deciding which bank account to choose. Subscribe to the CNBC Select Newsletter! Money matters — so make the most of it. Get expert tips, strategies, ...
Taxation laws are set by each country’s government, but the basic principle remains the same. All businesses must pay a corporate income tax on their profits, and a value-added tax (VAT) is levied on all goods and services provided in the region. ...