Back
Bookkeeping and financial accounting records are crucial for the success of all businesses. Even large organizations have failed due to disorganized accounting practices, so small businesses must be sure to stay on top of accounting tasks each week. Continue reading… Read More
Blog
-
3 Reasons To Use A Professional Bookkeeping Service
As a small business owner, it’s crucial to be smart about where and how you spend your money, and investing in professional bookkeeping services is always a smart choice. Business owners know how important accurate and updated financial records are… Read More
-
3 Tips For Filing Your First Tax Return As A Small Business Owner
When preparing a tax return after your first year as a small business owner, there are many important steps to take to consider. New business owners must have their return filed accurately, timely, and in a way that achieves the… Read More
-
Benefits Of Outsourcing Payroll Services
If there’s only one single function your small business outsources to a professional, it should be payroll. Payroll mistakes are very costly to your business, not only in terms of payroll tax penalties, but also the ramifications that come with… Read More
-
3 Key Financial Performance Indicators To Track
Your business’s Key Performance Indicators, or KPIs, are tools that measure and track progress in essential areas of company performance. The insights afforded by your KPIs allow you to be proactive in making changes to any areas that need help,… Read More
-
3 Common Accounting Mistakes Business Owners Should Avoid
New accounting software has made bookkeeping and accounting more manageable for small business owners, but it has also made it easier for owners to make mistakes. Some accounting mistakes are minor and are easy to correct, but some mistakes have… Read More
-
When To Conduct An Internal Audit In Your Business
The word “audit” can be daunting to a small company, as many people associate the word with a letter from the IRS. However, accounting audits are actually very helpful for businesses of all sizes. Continue reading for a few tips… Read More
-
What You Need to Know About Health Savings Accounts
Health Savings Accounts, or HSAs, have increased in number–in 2016, 72% of large employers provided them. There are several reasons for this, not the least of which is that it works with insurances with high deductibles. The point of an… Read More
-
3 Red Flags the IRS is Looking for in Your Audit
The IRS usually conducts audits through a random statistical formula, meaning that you should always be ready to be evaluated. If you’re managing your finances correctly and efficiently, you have nothing to worry about; the IRS will contact you by… Read More
-
All You Need to Know About Your 401-K
Retirement is a looming prospect for many employees, which is why so many employers provide the option to invest in a 401-K plan. In 2013, there were 88.7 million Americans investing in a 401-K plan; in some cases, you could… Read More