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Taxation & Business Specialist | Melbourne, Florida

How to Obtain Your ITIN

Announcing Our Certifying Acceptance Agent Status Do you need an Individual Taxpayer Identification Number (ITIN)? If so, we are happy to announce that our Chief Operations Officer, Ramon Santos, is able to assist you with your application. An ITIN is used for foreigners and individuals who do not possess a Social Security Number but still…
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Managing Your Business Goals for 2020

Why You Should Be Scheduling Meetings with Yourself in 2020 As a small business owner, a good portion of your day is probably taken up in meetings. Meetings are important time to connect with others to brainstorm, set goals and review progress. However, you might be missing out on the most important type of meeting—a…
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3 Key Benefits of Taking Payroll

Don’t miss this special offer! Through the end of January 2020, we are proud to offer no payroll set-up fees! Take advantage of this exciting chance to reap the many benefits of establishing a reliable payroll system for your business in the New Year. We know you’ll love the positive impact that a comprehensive payroll…
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What Do Bookkeepers Do for Small Businesses?

Bookkeepers Save You Time As a small business owner, time is your most valuable asset. Unfortunately, finding the time to deal with tedious paperwork, complicated tax forms and budget calculations is not always on the top on the list. Proper financial management is the cornerstone of getting your business off the ground and keeping it…
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How to Incorporate a Small Business

The Benefits of Incorporating Choosing to incorporate your small business means more than just getting an INC after your business name. You may have noticed that many small business owners opt for an LLC, or limited liability company. Just like an INC, having an LLC protects your personal assets from being liable for your business…
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Taking Draws in Addition to a Salary

Understanding Draws If you are a shareholder in an S Corporation, you may be familiar with the concept of taking draws. S Corporation shareholders are entitled to a portion of the profits that a company earns in any given time. Your piece of this profit is referred to as a draw, which is calculated based…
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What are Tax Brackets?

Calculate Your Tax Rate There are seven federal income tax brackets, each with different tax rate percentages. These range between 10% to 37% and are based on your income level for the previous year. As you bring in more money, it is taxed at a progressively higher rate. For instance, a single person who makes…
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Key Considerations for a Stellar Presentation

Present for a Purpose Regardless of your profession, putting on a quality presentation helps position you and your business as an expert resource in the field. Don’t let a fear of public speaking cause you to shy away from networking and advertising opportunities gained through presentations. Here at Alron Management, Inc., we’re happy to assist…
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Common Mistakes of Amateur Bookkeeping

Not everyone with a business background is qualified to manage finances. Even for small businesses, bookkeeping can be complicated. Balancing payroll and profits, along with fixed and variable expenses, can easily get out of hand. When you have other important responsibilities to juggle (like day to day operations and staff management) it’s easy to become…
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Types of Benefit Plans for Corporate Employees

Figuring Out Your Best Option If you work for a corporation, be it large or small, you probably have a few different options for setting up your benefits. Benefit plans change from year to year and can vary quite a bit depending on your employer. The best source of clarification is always your Human Resources…
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