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 …
Continue reading "An Overview of Accounting in Health Care Industry"
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 …
Continue reading "Five Tax Preparation Tips for Businesses"
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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Posted by Williams Accounting & Consulting
Accounting, Bookkeeping, Business Consulting, Tax Preparation
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) …
Continue reading "Measuring True Expenses of Operating a Trucking Business"
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