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Be Audit You Can Be: How to Prepare for an External Audit

Be Audit You Can Be: How to Prepare for an External Audit

by Megan Nesbitt | Mar 8, 2023 | Accounting and Bookkeeping, Business Planning

Audits can be stressful and time consuming, and it can be tempting to kick the can down the road. But, like many things in life, the more you ignore an audit, the bigger and scarier it becomes. The key to a successful audit is preparation. By working out a system in...
10 Benefits of Outsourcing Your Accounting and Bookkeeping Services

10 Benefits of Outsourcing Your Accounting and Bookkeeping Services

by Megan Nesbitt | Dec 21, 2022 | Accounting and Bookkeeping, Management Consulting, Payroll and Benefits

Why does your business need outsourced accounting and bookkeeping services? For small and medium-sized businesses and start-ups, particularly, this may seem like an unnecessary additional expense. What does an outsourced service offer, that you don’t get from an...
The Basics of Bermuda Payroll Tax – Part 5: More Frequently Asked Questions

The Basics of Bermuda Payroll Tax – Part 5: More Frequently Asked Questions

by Megan Nesbitt | Sep 23, 2022 | Payroll and Benefits, Series: Payroll Tax

At Abacus, our ongoing commitment is to you as a fellow business owner. Our goal is to help take the stress of your accounting tasks off your shoulders so you can focus on running your business. We know that payroll taxes are complicated, and we hope this blog series...
The Basics of Bermuda Payroll Tax – Part 4: Frequently Asked Questions from Business Owners

The Basics of Bermuda Payroll Tax – Part 4: Frequently Asked Questions from Business Owners

by Megan Nesbitt | Sep 21, 2022 | Payroll and Benefits, Series: Payroll Tax

As a business owner, especially in the early stages of your company, it’s likely a lot of the payroll tax tasks rest on your shoulders. That doesn’t mean you have to figure it out alone! Not only do we offer a wide variety of services surrounding payroll and benefits,...
The Basics of Bermuda Payroll Tax – Part 3: Good News! Payroll Tax Calculators Are Here to Help

The Basics of Bermuda Payroll Tax – Part 3: Good News! Payroll Tax Calculators Are Here to Help

by Megan Nesbitt | Sep 18, 2022 | Payroll and Benefits, Series: Payroll Tax

At Abacus, we understand that calculating your payroll taxes can seem daunting, and we want to help. In the first two parts of this payroll tax blog series, we’ve covered what does and doesn’t qualify as taxable remuneration as well as defining the two key components...
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