Bookkeeping Tips Blog
Small Business Payroll Services: Why Are They Important?
Handling finances at a small business can be a challenge. Many small businesses result from entrepreneurs or self-starters forming a team and putting their operation into action. But even if a person or small group has been good at managing funds before, small...
Small Business Tax Preparation
Even if you’re a determined entrepreneur who studies the market and your industry in hopes of growing your organization, certain aspects of small business management can still be perplexing. Tax preparation is a tricky topic, even for a person who is normally...
Small Business Bookkeeping: A Refined Approach
If you own a small business, you know that it is important to be mindful of your financial activity. You want to use your resources in the most efficient manner possible and dedicate all you have to growing and expanding your operation. Bookkeeping can be a challenge,...How to Correctly Read Your Cash Flow Statement
Get an accurate assessment of your cash flow as your maintain and grow your business. Understand where the main sources of your cash are coming from and identify any unexpected cash flow leaks. Could you be running out of cash while earning a profit? Do you know how...
How to Run a Successful Home Service Based Small Business
[vc_row][vc_column][vc_column_text]Home service contracting businesses have to attend to the paperwork while managing jobs across sites. Home service contractors can balance back office needs with customer demand to successfully run their small business. Begin with a...
Bookkeepers and Accountants: What’s the Difference
It is not uncommon to hear people talk about bookkeepers and accountants as if they were the same profession. It’s understandable because these two financial specialists have similar goals, but they are not the same. Each one manages a different stage of a business’s...
6 Tax Tips That Every Self-Employed Filer Needs To Know
Self-Employed Americans have to think about their taxes very differently from everyone who works for an employer. There’s no accounting department to take care of withholding, and you have to figure out what expenses you can deduct as a part of your business. If...
Tips and Tricks About Debt Cancellation
While debt cancellation can provide significant relief for consumers, many people are unaware of or unfamiliar with the tax implications of debt cancellation. Generally speaking, cancelled debt is considered income and income tax is owed on the amount of cancelled...