Tax Day is still a few months away, but you shouldn’t wait until it’s time to file your taxes before thinking about the deductions that can be used for your business. Are you leveraging the business expenses correctly to take advantage of the available write-offs? One of the benefits of having a small business is […]
January is a time when people are focused on new beginnings. Not only are we starting a New Year, but the beginning of 2020 is a new decade as well. Now that the holidays are over, many turn their attention to weight loss goals, home organization, budgeting, and more. What are your New Year’s resolutions […]
The New Year is just a few days away… are you ready for a fresh start? Not only is January 1st the beginning of a New Year, but 2020 means that we are also ushering in a new decade. This date on the calendar marks a symbolic opportunity to reset, begin new initiatives, and align […]
As you are finishing up your holiday shopping for family and friends, have you considered putting together a wish list for your business? This time of year is the perfect opportunity to evaluate the things that you need and want. While you probably won’t have a jolly old man in a red suit show up […]
December is here, which means that the end of the year is just a few weeks away. Depending on your industry, it might be the busiest or slowest time of year for your business. Those companies in the retail space are often busy keeping up with customer demands as families are shopping for gifts to […]
Owning a business can be advantageous when tax time rolls around because you have many options for tax write-offs and deductions. The problem is that the tax code can be quite confusing, making it hard to know how to maximize these write-offs while still staying within the guidelines established by the IRS. Too often, business […]
Cashflow can be a challenging detail to manage in your business, which is why it can be helpful to have credit cards and/or a line of credit available to get you through the lean months. The way you structure the credit should depend on the needs of your company and the financing options that are […]
Many employees enjoy the holiday season because of the time away from work for both Thanksgiving and Christmas. On the other hand, the time-off during the holidays depends on the industry. For example, retail employees and managers often find that this season is the busiest time of year. But office employees and managers can take […]
One of the most important steps a business owner can take is hiring a pro to help with small business accounting. Not only will you have confidence knowing that your records are up-to-date at all times, but it is important to tap into the financial strategy available from someone who has industry experience. Don’t Wait […]
Two essential aspects need to be addressed for maintaining your books: the money coming in (Accounts Receivable) and the money that is going out (Accounts Payable). Most small business owners are familiar with these two phrases, and they understand the general concept. But it can be a challenge to know how to implement the right […]
