Let’s be honest. Something about the phrase “fill out this form” gets our insides all in a twist. It sounds so ominous and so unnecessarily complicated. For the veterans who spend their lives regurgitating their Read more…
Over the years we have heard many reasons for why people open businesses. Many books have been written on the subject too. We thought it was an exhaustive list. Perhaps, even an all-inclusive list. I’m Read more…
The Late Night Business Idea It’s 3am and you’re staring at the ceiling. It’s 12pm and you’re eating lunch at your desk while you clean crumbs from your keyboard. It’s 5pm and you’re fighting traffic Read more…
The Questions At Hand It’s a question, even a statement, that we hear often when prospective first-time business owners sit across from us in the blue chairs in our office. It usually starts like Read more…
What happens when you try and file for S-Corp status for tax purposes for your business, but you receive no reply from the IRS? What do you do then? This same situation happened to Read more…
Shank and Company, CPA, began filing taxes in January 2019 for the year 2018. As of today, we are only under a month away from Tax Day, April 15, 2019. You MUST have your W-2 Read more…
The tax deadline for businesses is fast approaching here in 2019. The deadline for business taxes for Partnerships and S-Corporations is March 15, 2019, for the year 2018; C-Corporations continue to be April 15, 2019. Read more…
April 15, 2019, also known as Tax Day here in the U.S. Personal income taxes for 2018 must be filed by that date. We at Shank & Company, CPA, are prepared to file your personal Read more…
While we provide many payroll services at Shank and Company, CPA, we devised one more tool that has greatly improved the quality of our services: our own payroll program. Randy Shank, President of the Company, Read more…
The backbone of any small business is their payroll system. Payroll determines employee’s wages as well as the amount of income to withhold to pay taxes. Withholding too little results in underpaid taxes and penalties. Read more…