Blogs

Payroll Taxes

Understanding Payroll and Payroll Taxes: Payroll is, no doubt, one of the most important features

Understanding Payroll and Payroll Taxes: Payroll is undoubtedly one of the most important features of running any business. It is not only good tracking that ensures the employees are paid correctly and, more importantly, on time. An indispensable understanding of payroll taxes is necessary for this purpose. Being an expert in payroll solutions, Syed Professional Services helps businesses navigate payroll and tax complexities efficiently. Payroll and Payroll Taxes: What You Must Know This blog post breaks down the essence of payroll, payroll taxes, and what you should know to remain compliant.  What is Payroll? Payroll is simply the process through which businesses pay their employees for their work. It involves the determination of wages, […]
Read More
C Corporations

Understanding C Corporations: Guide for Business Owners

How Does a C Corporation Work Most business people in the United States opt to structure a business as a C Corporations. In this posting, we shall discuss a C Corporation. We explain clearly what it is all about, then discuss tax brackets applicable in a C Corporation.  Its comparison with an S corporation, and the difference and why most U.S. business people love to structure a business entity as a C Corporation. I guess these ideas are something anyone at any level should know to make a good decision about how to structure one’s business. What is a C Corporation? A C Corporation, in short, is a legal business structure for a corporation with separate taxation of the owners or shareholders. Unlike an S Corporation, whose profit can be passed straight to the owners, a C Corporation is subject to income tax. This corporate legal form has some benefits associated with it, such […]
Read More
Excise Taxes

Understanding Excise Taxes: What They Are and How They Affect You

Understanding Excise Taxes Excise taxes are an important component of a tax system, yet quite likely many may not be fully equipped to face the challenge of how they work and how they affect both businesses and consumers. This article will explain what an excise tax is how it works and whether it can be deducted, with a special focus on federal excise taxes. Whether you own a small business or just wish to know the impact of excise taxes on your wallet, this guide will take you through the essentials. What Are Excise Taxes? Definition of Excise Taxes Excise taxes are those imposed on the […]
Read More
Capital Gains Taxes

Understanding Capital Gains Tax: Everything You Need to Know in 2024

Understanding Capital Gains Tax Capital gains tax is one of the most important concepts to understand when investing or buying and selling assets. Being an old pro at this, capital gains taxes remain a huge determinant of how much profit you take home after selling an asset. We will break down what capital gains tax is, the difference between short-term and long-term capital gains tax, the capital gains tax rate in 2024, and whether unrealized capital gains tax applies to you. […]
Read More
bookkeeping service near me

Bookkeeping with Syed Professional Services

Syed Professional Services Syed Professional Services provides bookkeeping service near me customized to suit the needs of respective industries. This means that the client can seek accountants and bookkeepers known for their financial management skills delivery to any business regardless of its magnitude. The firm believes in customer-centeredness; hence there is always tailored service delivery […]
Read More
Social Security Taxes

Understanding Social Security Tax: Everything You Need to Know for 2024 and Beyond

You may have observed a form of deduction marked “Social Security taxes ” in the paycheck you were receiving. But what is the tax, and why do you pay it out? Social Security tax is a huge component of the U.S. federal system; it finances the program providing retirement benefits to employees, disabled individuals, and survivors.  How much is the Social Security tax, though, and what can you expect in 2024 and 2025? This paper shall discuss what you need to know about Social Security tax, details from the present Social Security tax rate, the limit for Social Security […]
Read More
Property taxes

The Ultimate Guide: Getting to Know Property Tax Under NYC, Personal, and State Variations

Property taxes are one of the largest components of home ownership and real estate investment. Does that explain it to you? Of course not. Suppose you’re a property owner in New York City, managing personal property, or simply curious about how property taxes work across different states. In that case, this guide should help you navigate the complexities of property tax assessments and payments. We will discuss property tax, NYC property tax, personal property tax, and even property tax by state […]
Read More
tax consulting near me

Expert Tax Consulting Services with Syed Professional Services: The Trusted Tax Consultant

Whether you are an individual, a small business owner, or managing a corporation, tax laws can be highly complicated. That is why a tax consultant is highly sought after. A well-trained tax consultant will work on your taxes in such a way that they make sure everything is done efficiently and correctly while being aligned with the latest laws of taxation. Syed Professional Services provides expert tax consulting services for individuals and businesses alike. We will discuss the various types of tax consulting services we offer and how our team of […]
Read More
Affidavit of Supports

Understanding the Affidavit of Support: Your Guide to Form I-864

Understanding the Affidavit of Supports The Affidavit of Supports is the most important document when sponsoring a family member or other loved one to immigrate to the United States. This legal document is integral in proving that the immigrant will not become a public charge in the country. We will cover the exact Affidavit of Support, details related to Form I-864, and step-by-step instructions on how to prepare it. It refers to an affidavit of support, which is a written document […]
Read More
Backup Withholdings

Knowing Backup Withholdings Understanding Backup Withholdings

Understanding Backup Withholding The term ‘backup withholding‘ has led to confusion among businessmen and individuals in the taxation world. This post serves to give adequate information about backup withholdings, including the laws of the IRS regarding it and how best to affect taxpayers. By reading this article, you will learn what backup withholdings is about and how best to cope with the situation effectively. According to the Internal Revenue Service, federal income tax withholding via backup withholding requires withholding certain payments to individuals or businesses. In other words, a payer will withhold a fixed percentage […]
Read More
Cart
Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Additional information
Click outside to hide the comparison bar
Compare