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The day will come when hiring a financial advisor will be a necessity. In fact, financial planning for a business will differ slightly compared to personal finances. The reality is, choosing a financial planner and advisor that helps your business… Read More
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The Best Way To Determine Your Business’s Pay Frequency
Every business will have employees that will end up having a salary. In fact, setting up that pay structure is a key element of structuring any successful business. The reality is, you can’t pay people without first having a proper… Read More
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A Helpful Guide To Getting Your Business’s Finances In Order
Small business owners typically get stressed when it comes to making sure their company’s finances are regularly in order. In fact, many small business owners become very intimidated by the idea of managing their finances effectively and efficiently. Fortunately, there… Read More
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The Best Accounting Tips For Entrepreneurs And Small Business Owners
Adopting some good bookkeeping practice can really boost your Annapolis, MD business. In fact, many times when business owners and entrepreneurs are not organized with their record keeping, they are usually spending a lot of money on potential fees when… Read More
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How Does Cryptocurrency Affect Tax Payments?
If you have ever actually owned or used Bitcoin, you might be interested in knowing just how cryptocurrency may affect tax payments — or your tax picture. Regardless of how you acquired your bitcoin, understanding its outlook on your tax… Read More
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Tax Changes – How Will Tax Season 2022 Look?
The 2022 tax season is the third one since the COVID-19 pandemic began, and as has been the trend, there are a lot of changes. It’s unlikely that the 2022 tax season will look like it did in past years,… Read More
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How to Spot Accounting Discrepancies
Unfortunately, accounting errors are all too common. In fact, even the most educated accountant and the most experienced CPA can make minor mistakes. However, these mistakes could be detrimental, which is why you want to avoid making some of the… Read More
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Tricky Business Questions: S Corporations and LLCs
Business owners often struggle with properly determining how to effectively and efficiently set up their overall business and tax structure. There are so many different terms out there, from “sole proprietorships” and “limited liability partnerships” to “corporations” and “limited liability… Read More
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Here’s How You Can Budget Your Small Business!
It’s possible to balance your budget. Although this prospect gets even harder when you run a business, you can do it without fear of breaking the bank. With a solid financial foundation in place, you can ensure that your startup… Read More
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2 Ways You Can Avoid Penalties from the IRS
Tax Day 2022 returns its original April 15th deadline. While that seems like it’s ages away, it’s a good idea to stay on top of your finances. Falling behind on tax payments (or even worse – outright dodging the taxes… Read More