Keeping Your Business on Track Managing a small business can be difficult, and you can get mired down in the day to day operations. While it is necessary to save money where you can, delegating specific duties can save time and effort. Parsing out exactly where to spend your money on personnel is one of…
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Taxation with Representation Tax season is a hectic time for most people. Trying to dredge up required IRS documentation is a hassle. Even if you keep meticulous records, you may find yourself rummaging through confusing and perhaps even excessive paperwork. While individuals feel the pressure to be accurate to avoid messes like audits down the…
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Business as Usual Business owners are constantly juggling different responsibilities, from paying taxes to controlling costs, all while keeping an eye on the bottom line. However, the majority of businesses would be nowhere without their employees, making payroll a crucial aspect of business ownership. Along with being a legal obligation, the human component of business…
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IRS Releases “Get My Payment” Online Application Check the status of your Economic Impact Payment and (if applicable) provide your direct deposit information using the new online portal unveiled by the Internal Revenue Service. Click “Get My Payment” below and follow these steps: Click the blue “Get My Payment” box Click “OK” to enter the application once…
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Alron Enterprises, Inc. has a prescription! We understand that COVID-19 is changing the landscape of our everyday routines and has many of you feeling concerned. There is no higher priority than the health of all our clients. In order to mitigate the spread of COVID-19 Alron Taxes, Inc., a subsidiary of Alron Enterprises, Inc., is providing…
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Whether you run an S Corporation or choose to invest in one, it is essential to keep a few key considerations in mind. The tax benefits gained from an S Corporation versus a C Corporation are crucial, and two main reasons for electing S Status are: Avoid double taxation on distributions Allow corporate losses to…
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An S Corp is the correct choice. Save money on taxes by setting up your small business as an S Corporation. While C Corporations may be required to pay taxes at both the corporate and individual levels, an S Corp avoids this double taxation. Business profits are also not subject to self-employment tax in an…
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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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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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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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