If a company acquires assets like company vehicles, corporate headquarters, or patents, these assets are expected to provide benefits to the company over an extended period rather than just in the period they are acquired. To reflect this expected value… Read More
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The 3 Types of Financial Statements For Small Businesses
For small business owners, keeping a close eye on the health of their business is the key to long-term success. Especially for first-time business owners who have decided to jump in head-first, it can be very difficult and overwhelming once… Read More
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What is a W-9 Form & How Do You File One?
It’s tax season, which means that you’re probably elbow-deep in thinking about all of the different terms, forms, and miscellaneous paperwork that goes along with it. It is often a hard time of year for many people since there is… Read More
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What is a Schedule SE (Form 1040) & How Do You File One?
Tax season isn’t quite over yet, but businesses and individuals both need to take the time to make sure taxes get filed as soon as possible. When it comes to taxes, the sooner you file them, the better it will… Read More
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Common Bookkeeping Mistakes Made By Small Businesses
As a small business owner, managing your books can be a pretty daunting task, especially if you lack either the relevant experience and expertise—or both. Unfortunately, bookkeeping mistakes that are easy or ”natural” enough to make can wind up being… Read More
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Should Your Business Outsource Payroll?
There is really no denying that businesses are complex and require a lot of moving pieces to work effectively and efficiently. In fact, when it comes to payroll, many business owners don’t know where to start — particularly as their business… Read More
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Every Startup Should Have a Professional Bookkeeper
Lots of people dream of starting their own business and being their own boss. In most cases, the amount of work that goes into it is so much greater than most people imagine. In addition to the actual work that… Read More
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4 Ways Consistency Supports Small Business Success
Have you been tempted to change your business plan because you’ve seen how some companies have thrived using a new or innovative strategy? However, changing your approach towards making your business successful every time you notice one of these strategies… Read More
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Tips for Building the Credibility of Your Small Business
Getting a small business off the ground is a lot of work, and there will be a lot of things business owners try to make sure they’re successful. One of the most important ways to grow a small business is… Read More
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Why Should Small Businesses File Taxes Early?
The old saying about the early bird getting the worm is often one of the truest adages in business. It seems like every little good ever comes from running late – especially with your taxes. As a small business owner,… Read More