[vc_row][vc_column][vc_column_text] When you’re a small business owner, you’re juggling dozens of responsibilities. Bookkeeping may be one of the last things on your mind. You don’t have the massive lists of daily income and expenses that larger businesses do, so it’s...
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...
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...
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,...
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...
[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...
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...
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...
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...
Everyone got a little bit of a buffer on their tax due date this year, with the usual April 15th deadline pushed to Monday, April 18th in observance of Emancipation Day – although Emancipation Day is only a holiday in Washington, D.C. However, April 18th has come and...