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 …
Four Common Cash Flow Mistakes that Can Sink Your Small Business Read more »
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 …
Why You Need to Master Accounting to Thrive as a Startup Read more »
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 …
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 …
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 …
Keeping Your Ducks in a Row: 3 Finance Tips for Small Businesses Read more »
Be wary of potential scams and avoid audits with these tips. Learn how the IRS will contact you and how they conduct an audit.
Outsourcing a financial management specialist keeps your finances current and readily available, gives you a resource for professional small business financial advice, saves money over a full-time in-house accountant, and offers you more time to manage your business.
Our new office will be located at 10520 W. Bluemound Rd., Suite 106, Wauwatosa, WI 53226. Stay tuned for further developments regarding the Open House festivities.
Effective in the year 2014, businesses are limited to only a $25,000 equipment expense deduction. In 2013, this limit was $500,000 for equipment. Section 179: Equipment and property depreciation deduction Additionally, Qualified leasehold improvements, qualified restaurant and retail improvements can be …