According to the Small Business Credit Survey, 19% of small business owners are hard-pressed to find funds to keep the lights on. While making more revenue would obviously be the [...]
Traditional bookkeeping isn’t a task that small-business owners are exactly thrilled to complete in-house. But only 14% of small and midsize businesses (SMBs) fully outsource bookkeeping. Why? Ultimately, despite the [...]
If you’ve used small-business accounting software, you’ve been faced with dozens of expense categories. (Does printing for a client go under the “Cost of Goods Sold” or “Office Supplies” category?) [...]
If you’re running a small business, the last few weeks have likely been intense and stressful. COVID-19 has had a major impact. In March, the majority of the top 10 [...]
Learn the accounting lingo necessary for small business owners to effectively communicate with their accountants and manage their business finances.
Even with strong policies in place and regular auditing, fraud can still occur. However, keeping accurate records can help you identify offenders and lower the risk of long-running expense schemes occurring at your organization.
Cloud computing for accounting is definitely how the firms of the future run ad optimize their business. Today we are bringing you more information on how moving to the cloud can improve your business and keep your clients happy.
As an independent, freelancer or 1099-er you may have been keeping a close watch on tax time this year as there are some significant changes to business tax code that could put extra money in your hands this year. If you can’t implement these tips this year, make sure you use them going forward so you can maximize the pass-through deduction in future tax years.