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Accounting errors can happen to anyone, particularly during harried times like these. However, more significant problems and confusion can surface if these errors are not found and corrected as soon as possible. Some of the most common mistakes that may… Read More
Posts Tagged ‘accounting’
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6 Reasons You Should File Your Taxes Early
Due to the Coronavirus pandemic, the federal tax deadline has been pushed back from April 15th, to July 15th. While it was already easy to procrastinate when filing your taxes, there are many benefits to filing your taxes ahead of… Read More
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Breaking Down the Order of Financial Statements
Last week we outlined the four primary types of financial statements. These statements include the cash flow statement, the balance sheet, income statement, and the statement of retained earnings. These statements are essential for assessing the current state of your… Read More
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The 4 Types of Financial Statements
Every business utilizes financial statements to get a snapshot of the financial health of their company. Without financial statements, you wouldn’t be able to monitor revenue, project future finances, or keep your business on track for strong earnings. These financial… Read More
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The Importance of Ethical Accounting
Whether you are handling the books for your small business yourself, or you are using a reliable professional at the Harding Group, the ethics of accounting are important to uphold to ensure that your business maintains its reputation and financial… Read More
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4 Balance Sheet Mistakes and How to Prevent Them
As a small business owner, you may run into accounting mistakes from time to time. This can happen to anyone, and some of the biggest blunders you may make tend to occur on your business’s balance sheet. If you want… Read More
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What 3 Small Business Analytics Can Tell You About Your Finances
Keeping track of your small business financials can become overwhelming. You must remain on top of every rise and fall in finances to make sure that your business can access all that it needs, and that all of your bills… Read More
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What Employers Need to Know About Form W-2
As a small business employer, you are responsible for distributing IRS Form W-2 in the new year so your employees can begin to file their federal and state taxes. Unfortunately, Form W-2 can be quite confusing. Luckily, we have a… Read More
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Small Business Payroll Processing Options
When operating a small business, there are many options available to you for processing payroll. Determining which is best for you depends on how comfortable you feel handling payroll, how much money you want to spend on it, and the… Read More
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The 5 Essential Accounts for Small Business Accounting
Excelling at small business accounting begins with keeping accurate books. A critical factor in bookkeeping is knowing the types of accounts. These accounts help you sort and track transactions in your business. Even if a business has many accounts in… Read More