Taxes
Tax Planning Methods for Small Businesses
Most business owners dread tax time. From compiling all accounting documents to getting hit with an unexpected tax bill, the tax filing season can be
Most business owners dread tax time. From compiling all accounting documents to getting hit with an unexpected tax bill, the tax filing season can be
Every business needs a bookkeeper, so it’s no surprise that 62% of small businesses currently have an in-house bookkeeper. What about the other 38%? Many
Are your personal assets fully protected from your business? If not, this should be at the top of your to-do list to reduce the risk
There are many components that go into running a successful business, including strong operations, adequate human resources, and growing financial health. Each of these three
Cash flow management is an area that many business owners don’t fully understand with 61% of small businesses listing it as a major challenge they
There are two main ways to take money out of your business: a salary and a distribution.
Successfully managing your business relies on a full understanding of the different financial statements that shed light on operations and financial health. Not only do
There are two main classifications of workers in the United States: contractors and employees. You may believe that correctly categorizing workers isn’t a priority; however,
The tax law is constantly changing, making it essential that business owners stay on top of the deductions and credits they are able to take.
Creating the most beneficial procedures in your bookkeeping function takes time and trial and error. The procedures that work for one company might not be
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