Monthly Archives: February 2022

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An Overview of Accounting in Health Care Industry

Health care is one of the largest industries in the United States. According to the Centers for Medicare and Medicaid Services (CMS), total U.S. health care spending now exceeds $4 trillion per year. Medical practices and other businesses operating within the health industry have some unique accounting needs. Here, our medical industry business accountants provide …

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Tax Preparation, Tax Resolution

Five Tax Preparation Tips for Businesses

Tax time is fast approaching for businesses. The due date for federal business taxes depends on the specific type of entity in question. The Internal Revenue Service (IRS) notes that the business tax returns are due on the following dates for 2022:  March 15th: Partnerships, S-Corporations, and multi-member LLCs;  April 15th (April 18th Due to …

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Accounting, Bookkeeping, Tax Preparation, Tax Resolution

Heavy Highway Vehicle Tax

Owning and operating a successful trucking company can be challenging—particularly in today’s hyper-competitive market. It is crucial that your business complies with all federal and state tax regulations, including the Heavy Highway Vehicle Tax.  At Williams Accounting & Consulting, we specialize in helping truck company owners navigate complex tax matters. In this article, our trucking …

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Accounting, Bookkeeping, Business Consulting, Tax Preparation

Measuring True Expenses of Operating a Trucking Business

With record high demand expected over the next several years, trucking can be a lucrative industry for qualified entrepreneurs. At the same time. trucking is a complex, highly regulated industry. One of the biggest challenges that truck company owners and operators face is navigating tax issues. It is crucial that you accurately measure (and record) …

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