Mar 9, 2023 | MCB Happenings, Tax News
The Washington Business Journal featured MCB principal Cindi Park, among other CPAs in the area, in its recent article titled, “Greater Washington accountants discuss the worst tax mistakes you can make.” The article focused on mistakes accountants have seen business...
Mar 7, 2023 | Business Planning, Closely Held Business, Tax News
Projected business formations (within four quarters) for December 2022, adjusted for seasonal variation, were 30,292, according to a Census Bureau release. That is, the Census Bureau is projecting that 30,292 new business startups with payroll tax liabilities will...
Mar 2, 2023 | Business Planning, Closely Held Business, Tax News
The type of business will determine the type of taxes that will be required to be remitted. Income Taxes You know this tax — it gives the government a share of your net income. Generally, all businesses must file an annual income tax return. The forms that the...
Feb 28, 2023 | MCB Happenings
Not many businesses can ride the economic waves successfully for 75 years—especially without being acquired or merging. Full discloser: There may have been an acquisition or two for the firm along the way. Let’s step back in time to 1947. When founder and CPA Paul...
Feb 23, 2023 | Business Planning, Closely Held Business, Tax News
You need time and energy to run and grow your business, so you’ve outsourced your payroll process. You decided to go with a third-party payroll provider to handle some or all of your employment tax duties. This move lightens your workload, assuming that your...
