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Mar 31, 2022
What to Know About Accounting When Starting a New Business
Accounting is the process of recording, maintaining, and communicating financial transactions pertaining to a business. Your small...
Feb 23, 2022
How to Clean Your Accounting Records with These Simple Steps
Running a business is not an easy task. You are managing inventory, employees, customers, marketing, partnerships… the list goes on and...
Jan 28, 2022
5 Tips on How to Reduce Taxable Income for Small Businesses
What is taxable income? According to IRS regulations, all income is taxable unless it’s specifically exempted by law. Some common...
Dec 14, 2021
Do You Need a Business Credit Card?
As a small business owner, deciding on whether your company needs a credit card can be difficult. You may be concerned about interest...
Dec 9, 2021
Documents You Will Need in Order to File Your Business Taxes
As a small business owner, trying to determine your tax liability, what your filing requirements are, and how to file a federal income...
Oct 20, 2021
Accounting Practices that will Add More Time Back to your Business
We hear it quite often from business owners that they wished they had more hours in the day, or that time is the one thing they wish they...
Oct 14, 2021
5 Ways to Prevent Expense Fraud
The Association of Certified Fraud Examiners (ACFE) defines expense fraud as a fraudulent disbursement scheme in which an employee makes...
Sep 24, 2021
Understanding and Analyzing Financial Statements
Financial statement analysis is the process of analyzing a company's financial statements for decision-making purposes. As a business...
Sep 22, 2021
Budgeting & Forecasting for Small Businesses
A budget is a dynamic, detailed plan of operations used to outline a company’s anticipated revenue and expenses for an upcoming period of...
Aug 25, 2021
Tips on Effective Debt Management for Business Owners
Debt is a necessary part of running a business. A business loan, line of credit or a business credit card can help your company hire new...
Aug 18, 2021
Management Accounting: How to Make Better Decisions and Improve Profitability
Management accounting is the process of identifying, measuring, analyzing, and interpreting accounting information to be used by business...
Jul 21, 2021
IRS Audit Red Flags to Avoid
In late 2020 the IRS announced that it would increase tax audits of small businesses by 50% in 2021. Businesses are still dealing with...
Jul 14, 2021
Guide to Understanding Profit & Loss Statement (P & L)
As a business owner, understanding your company’s overall financial health is a crucial part of growth and success. The three important...
Jun 24, 2021
The Difference Between Good Debt and Bad Debt
The word “debt” on its own can feel intimidating, it is often associated with fear. According to the American Psychological Association,...
Jun 15, 2021
The Role of AI in Accounting
AI allows computers to make predictions and adapt how they respond in certain situations. As consumers we come across artificial...
May 24, 2021
Prepare Your Business for the Future of Accounting
We live in a world where a new iPhone is released every year, and a new social media platform becomes more popular by the time we finally...
May 14, 2021
10 Accounting Fundamentals All Small Businesses Should Form
Many business owners share that the thought of having to understand accounting principles in order to run their business successfully can...
Apr 27, 2021
Outsourcing Accounting
Outsourcing accounting services bring many benefits to business owners. According to The Outsourcing Institute, businesses choose to...
Mar 25, 2021
Top Invoicing Software for Your Business
In today’s modern technology world business owners have the opportunity to use invoicing software to improve efficiencies. These billing...
Jan 21, 2021
PPP Loan Forgiveness: The Latest Information
It has been almost a year since COVID-19 sent most of us to work from home, closed down businesses, and forced many business owners to...