All Questions
Tagged with bookkeeping income-tax
3
questions
-1
votes
1
answer
65
views
What double-entry bookkeeping and account structure lets me report taxable distributions from retirement savings plan (e.g. RRSP)?
I have tax-preferred retirement savings plans, and I track their activity using a double-entry bookkeeping app. I am at the age where I am starting to make withdrawals from the savings plans. The ...
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1
vote
0
answers
86
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How do I set up the books for LLC taxed as a C-Corp?
Most resources online for bookeeping for LLCs immediately repeat a myth about C-Corp taxation subjecting you to double-taxation, declare that nobody would set up their single-member LLC as anything ...
- 111
4
votes
2
answers
1k
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Double-entry bookkeeping: How to account for non-monetary taxable benefits received from employer?
I'm trying to keep detailed books for my personal finances. One thing I haven't figured out how to represent is various non-monetary taxable benefits that I get at work. For example, a gift or a meal.
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