Category: News

Why Bookkeeping Is Important

Bookkeeping isn’t just something for people who love details. It’s an important part of running a company, no matter the size. While large companies can typically hire a bookkeeping specialist, small business owners usually don’t have the financial flexibility to

Posted in Accounting, Financial Management, News, Uncategorized

Bookkeeping Advice from the Pros

Bookkeeping is an essential part of running your business. Your records are vital for tax time, but they also help you paint a clearer picture of your company’s financial health. Keeping detailed records can save you from unnecessary headaches and

Posted in Accounting, Financial Management, News

The Ins and Outs of Depreciation

Business depreciation is an income tax deduction that allows small business owners to recover losses from property. Knowing how to claim depreciation, what the IRS requires, and the best ways to file can help save your business money come tax

Posted in News, Tax Deductions

Tax Deductions for your Small Business

For a small business, claiming deductions can help decrease the amount of taxes paid out each year. Listed below are a few expenses entrepreneurs can take advantage of when it’s time to file. Auto Expenses   Whether your company owns

Posted in News, Tax Deductions

The Most Profitable Accounting Techniques for Startups

Entrepreneurs are by definition an eclectic, creative breed. Each entrepreneur has his or her own way of tackling accounting. There are many different techniques and tools in accounting for entrepreneurs to choose from, but which techniques are the best? There

Posted in Accounting, News

Four Common Cash Flow Mistakes that Can Sink Your Small Business

Managing cash flow is only one aspect of running a small business, but it is essential that this aspect is done correctly. Many small business owners make common mistakes when it comes to managing their cash flow. Some of these

Posted in Accounting, Financial Management, News

Why You Need to Master Accounting to Thrive as a Startup

You’re an entrepreneur, so you must know all about accounting, right? It seems a simple task to ensure the timely payment of accounts. Well, yes and no. Tracking accounts payable and receivable is a critical aspect of accounting, but it

Posted in Accounting, Financial Management, News

How Forensic Accounting Can Save Your Company

Forensic Accounting

An audit is a frightening prospect, but they happen to every business. Furthermore, you may have cause to worry even if you’ve documented everything you should. A business that’s acted honestly at every opportunity can still fall suspect during an

Posted in IRS Audit, News

4 Reasons Why Bookkeeping is Still Invaluable

Today’s “there’s an app for that” attitude and general reliance on technology means some people believe bookkeeping is going out of style. However, bookkeeping is more than just keeping accurate records of your company’s finances. It’s a way to set

Posted in Financial Management, News

Keeping Your Ducks in a Row: 3 Finance Tips for Small Businesses

The downturn and slow recovery of the US economy continues to impact the workforce in huge ways. While traditional 9-5 jobs still exist, more people are turning to self-employment and small business operation. Operating your own business carries several advantages

Posted in Financial Management, News