Blog – Mindspace

Common tax mistakes that business owners make

Posted by Saurabh Bhardwaj
On January 9, 2021
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accounting, accounting firms, accounting firms usa, accounting in US, bookkeeping india, outsource bookkeeping agency, outsourcing bookkeeping services, payroll accounting services, quickbook accounting, quickbook accounting services, remote accounting, tax preparations, virtual bookkeeping firm

Nothing is surprising to know that it requires a lot of details and attention to both starts and run a business. It would be best if you had an eye for more information when it comes to filing your returns. For entrepreneurs, taxes are a joint pain for business people. It is because tax […]

Hiring Vital Accountants

Posted by Saurabh Bhardwaj
On December 31, 2020
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It is relatively easy to see a plethora of benefits, which you are most likely to know when you choose to hire a business accountant. The best part about a business accountant is that it will help you in saving financial tasks on a regular basis, but you can also into the skills that are […]

Stimulus Bill Passes House and Senate

Posted by Saurabh Bhardwaj
On December 24, 2020
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accounting firms, accounting firms usa, accounting in US, bookkeeping in xero, cpa accounting, outsource bookkeeping agency, outsourcing services, payroll outsourcing, payroll outsourcing accounting services, quickbook accounting services, US accounting services, virtual bookkeeping firm

The following is an outline of the stimulus bill as it passed the House and Senate on December 21, 2020. Changes to current PPP: Costs paid with PPP assets would now be able to be deducted from your 2020 assessments. This is a finished inversion of the IRS direction gave a month ago. It invites […]

New Technologies are creating a new CPA

Posted by Saurabh Bhardwaj
On November 20, 2020
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accounting, accounting firms, accounting firms usa, accounting in US, accounting services, bookkeeping, bookkeeping services

There was a time when we had to have a dime or a quarter to call someone while we were running errands. Additionally, we had to walk into a library, pull a card out from the card catalog, and take it to the librarian’s desk to ensure the book was in the building. Additionally, we […]

Taxation of Digital Economy

Posted by Saurabh Bhardwaj
On November 11, 2020
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accounting, accounting firms, accounting firms usa, accounting in US, accounting outsourcing, accounting services, bookkeeping outsourcing, canada bookkeeping, cpa, online bookkeeping, outsource bookkeeping agency, outsourced bookkeeping services, outsourcing bookkeeping services, virtual bookkeeping firm

No doubt, there is a widespread view that the international tax system needs reform to address the digitalization of the global economy, but it is not universal yet. On the particular subject, both OECD and the EU publish papers, and have released proposals subsequently with regards to allocating profits to various countries under which the […]

Importance of Forensic Accounting

Posted by Saurabh Bhardwaj
On November 9, 2020
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accounting, accounting firms, accounting firms usa, accounting in US, accounting outsourcing, bookkeeping, bookkeeping and accounting outsourcing, canada, canada bookkeeping, cpa, online bookkeeping, payroll accounting services, payroll outsourcing, US accounting services, virtual bookkeeping firm

In the previous years, legal bookkeeping has increased a ton of significance. It is an expert field highlighting a scene that is being formed by the ascent of money related innovation. Bookkeeping experts work for both law implementation offices and consistence divisions of business substances, at law offices, banks, and government organizations. Practically all measurable […]

Mental Health advice to the accountant in this Pandemic situation

Posted by Saurabh Bhardwaj
On October 28, 2020
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accounting, accounting firms, accounting firms usa, accounting in US, accounting outsourcing, accounting services, canada bookkeeping, cpa accounting, outsource bookkeeping services, outsourcing bookkeeping services, quickbooks, remote accounting, US accounting services, USA accounting, virtual bookkeeping firm, wave

Stress is real in the accounting industry. The amount of absolute pressure, along with the exhaustive physical work, is weighing down on a plethora of accountants. For any of us, the past ten months haven’t been easy or that great, and there is nothing surprising to know that accounts are not left out either. During […]

Automated Accounting

Posted by Saurabh Bhardwaj
On October 22, 2020
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accounting, accounting firms, accounting firms usa, accounting in US, accounts, bookkeeping in xero, canada bookkeeping, coronavirus, cpa, cpa accounting, online accounting software, outsource bookkeeping, outsource bookkeeping agency, payroll accounting services, quickbooks, US accounting services, virtual bookkeeping firm, wave

Step by step, the bookkeeping business is getting more huge as the client requests are upgrading, so Accountants need to take over new jobs and duties no doubt. Customer desires are improved as proficiency, and investigating contemporary systems are being organized oftentimes over monotonous and low-productivity errands. Innovation has been the core of changing the […]

Australia Budget 2020-2021

Posted by Saurabh Bhardwaj
On October 12, 2020
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accounting, accounting firms, accounting outsourcing, Australia, bookkeeping, bookkeeping in xero, budget, cpa, cpa accounting, online accounting software, outsource bookkeeping agency, outsourced accounting, quickbook accounting, remote accounting, tax preparations, virtual bookkeeping firm, wave

It is nothing surprising to know that Australians have experienced a year like no other. As the covid19 pandemic has affected the economy all around the world and Australia isn’t left untouched. To address the consequences of Covid19, the Australian Government has acted quickly and decisively. It is the main reason why Australia has achieved […]

Victorian small business grants now income tax-free

Posted by Saurabh Bhardwaj
On October 1, 2020
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accounting, accounting firms, accounting firms usa, accounting in US, accounting outsourcing, accounting services, bookkeeping, bookkeeping and accounting outsourcing, bookkeeping in xero, bookkeeping india, outsource bookkeeping agency, outsourced accounting, outsourced accounting firms, outsourced bookkeeping services, outsourcing companies, virtual bookkeeping firm

Recently, the federal and Victorian governments have come to an agreement to make the grants to both small and medium businesses. The grants would be made under Victoria’s Business Resilience Package, and they have been exempted from income tax. Earlier this month, a $3 billion grant package was announced, and it provides grants up […]

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