Author: Diversified Management Services

How to Manage and Revise Your Small Business Budget

Your small business budget captures the numbers that matter most to keeping your business up and running: revenue and expenditures. Managing and regularly revising your budget can do much more than just track spending. It can yield important insights into

A Guide for Small Business Financial Management

Guide to Small Business Financial Management

Operating a small business is all about money management. Being in the dark about your company’s finances is a recipe for disaster. It is critical to stay in control of your budget, financial goals, and accounting services if you wish

Guide to Financing Your Small Business and Managing Repayment

Bringing your small business idea to life takes funding. One of the first tasks you have as an entrepreneur is to figure out how you will finance your endeavor. Getting your startup off the ground may require venture capital from

How to Protect Your Business From Scams

avoid business scams

You worked hard to establish your small business, and harder to keep it successful. However, scam artists are everywhere, just waiting to take advantage of all that hard work. What are some of the most common scams targeting small businesses?

How to Manage Small Business Credit Cards

credit cards

Credit cards can be a great way to get your business up and running, and an even more important route toward building good business credit. When handled correctly, they’re a crucial business tool in today’s economy. Mismanage them, however, and

Preparing Taxes for Your Small Business

small business tax preparation

Taxes are an inevitable part of running any business and, as a small business owner, you may find yourself with questions regarding your business’s tax filing. Knowing how to prepare in advance of your tax filing day can ensure you

The Ultimate Self-Employed Tax Deduction Guide

This helpful guide outlines the basics of what you need to know about self-employed tax deductions and how to save money when it comes to tax season.

9 Ways to Increase Small Business Sales

Increasing sales translates into increased customer interest and relationship building. Learn the best techniques for improving your small business sales.

TAX CUTS AND JOBS ACT (TCJA) – PART 2

SECTION 199A DEDUCTION (from Form 1040 #1 in Part 1) Section 199A Deduction also known as the Qualified Business Income Deduction arises from the Tax Cuts and Jobs Act of 2017. This new provision allows many owners of sole proprietorships,

TAX CUTS AND JOBS ACT (TCJA)

The Tax Cuts and Jobs Act (TCJA) was passed on December 20, 2017.  It amended the Internal Revenue Code of 1986.  Many of these changes will be in effect until December 31, 2025 unless extended by Congress. Listed below is