One of the most common questions employees ask when starting a new job or updating their tax information is, “How should I fill out my W-4 form?” Your W-4 plays a critical role in determining how much tax is withheld from your paycheck, directly impacting whether you owe money or receive a refund when you...Read More

If you filed a tax extension earlier this year, your new due date is fast approaching! For S Corporations and Partnerships, the original deadline would normally be September 15, but since that falls on a Sunday this year, the deadline has been pushed to Monday, September 16. 📅 This applies to businesses that file an...Read More

As a business owner, staying ahead of the curve with your tax planning is essential for maintaining financial health and ensuring long-term success. With the new fiscal year just around the corner, now is the perfect time to start thinking about your tax strategy. By proactively planning, you can minimize your tax liability, take advantage...Read More

When it comes to managing your finances, selecting the right tax and accounting partner is crucial. But with so many options available, how do you decide who to trust with your hard-earned money? Let’s dive into why Atlantic Tax Services might just be the perfect fit for you. Expertise That Translates to Savings At Atlantic...Read More

As we move into 2024, it’s essential for families to stay informed about the latest updates and regulations concerning the Child Tax Credit (CTC). The Child Tax Credit has long been a crucial financial support for families, helping to offset the costs of raising children. This year, there are several important changes and updates that...Read More

Managing finances effectively is crucial for both individuals and small business owners. While there are similarities in the basic principles of financial management, the specifics can differ significantly. This article will explore the key financial tips for both personal and small business finances and highlight the differences between the two. Personal Finances 1. Budgeting Creating...Read More

As the fiscal year draws to a close, it’s crucial for both individuals and businesses to take stock of their financial situation and implement effective tax planning strategies. Proper year-end tax planning can significantly reduce your tax liability and ensure you’re taking advantage of all available deductions and credits. Here are some key strategies to...Read More

In today’s fast-paced business world, staying on top of your finances is crucial. Whether you’re a small business owner or managing a large corporation, accurate bookkeeping and accounting are the backbone of your financial health. But let’s face it—managing finances can be daunting and time-consuming. This is where professional bookkeeping and accounting services come into...Read More

Managing payroll can be a daunting task for any business, but implementing best practices can simplify the process and ensure accuracy. Here are the five best practices for efficient payroll management: 1. Automate Payroll Processes Manual payroll processing is time-consuming and prone to errors. Automating payroll processes using payroll software can save time, reduce errors,...Read More

Managing the financial aspects of a small business can be daunting, especially when it comes to bookkeeping. Small business owners often juggle multiple roles, making it easy to fall into common bookkeeping traps. Understanding these pitfalls and learning how to avoid them can save time, money, and stress. Here, we’ll highlight the most frequent bookkeeping...Read More