Padgett Business Services - San Mateo

11/01/2021

Any communication offering to speed up your monthly payments of the is likely a scam. Visit the site for reliable updates.

Check if you're eligible and sign up to get advance payments of the 2021 Child Tax Credit even if you don't file taxes.

10/29/2021

What GAAP Principles Mean for Your Business

Implementing GAAP accounting standards ensures accuracy and compliance, so you can be confident in running your business.

10/28/2021

Updating your W4? Here is a guide on how to fill out a new form:

Form W-4 tells your employer how much tax to withhold from your paycheck. Use our W-4 calculator & see how to fill out a 2021 Form W-4 to change withholdings.

10/27/2021

Did you know you can turn your losses into tax breaks? https://www.nerdwallet.com/article/taxes/tax-loss-harvesting #:~:text=What%20is%20tax%2Dloss%20harvesting,you%20sold%20for%20a%20profit.

Tax shelters aren’t just for the rich. Everyday investors should use the strategy called tax-loss harvesting too. Here's how it works.

10/26/2021

Year-end tax planning tip: Check your paycheck withholdings. If you claim too few allowances on your W-4, you may end up with a refund at tax time. If you claim too many allowances, you may have taxes due.

10/25/2021

Make sure you spend all your unused FSA money. We recommend checking your FSA account to ensure you're making the most of your money. https://www.businessinsider.com/how-to-use-fsa-money #:~:text=You%20can%20use%20FSA%20dollars,vary%20based%20on%20the%20plan.

Your 2020 FSA dollars will be available to use until the end of 2021. Here's what you can buy with your pre-tax dollars.

10/22/2021

Why Virtual Accounting Is on the Rise

Accounting has been an essential part of every business since time immemorial. Both profit-making and non-profit organizations require accounts management to keep their finances in check. In simpler terms, accounting tracks money that flows in and out of your business and monitors its assets. An acc...

10/21/2021

Today’s tip for small business accounting: dedicate time to update your books

10/20/2021

Should you max out your retirement contributions?

Just because you can do something doesn’t mean you should, even for retirement contributions. See what to consider before you max out 401(k) contributions.

10/19/2021

Fun Fact: The first recorded name in history is believed to have been an accountant from ancient Mesopotamia dating back more than 7,000 years ago.

10/18/2021

Did you know? Bubble gum was invented by an accountant in 1926.

10/15/2021

There are several pros and cons to working for an employer in either capacity. Take a few moments to learn more about the difference between working as a W2 employee or a 1099 contractor.

There are pros and cons to being either a W2 employee or a 1099 independent contractor. Find out more!