The Benefits of Outsourcing Your Bookkeeping and Accounting

All businesses, regardless of the size, do bookkeeping and accounting to manage their revenue and expenses. Some companies hire a whole department of CPAs to manage this, while others can get by with only one employee dedicating a portion of their time to it. But there’s another option, with some great benefits: outsourcing your bookkeeping and accounting. Save money. Employees …

Starting Your First Business? Here’s What You Can Write Off

Tax time has accountants and bookkeepers all across the country racing to meet the filing deadline, which brings up many pertinent questions: Where did I leave those receipts? We spent how much on that? What exactly can we write off this year? If you’re just getting started on your first business or plan to create one this year, it can …

Top Strategies to Avoid Overpaying Your Small Business Taxes

Taxes are complicated for the average person, which is why tools such as TurboTax exist. Meanwhile, small business owners are left to fend for themselves, hunting for an affordable tax professional or struggling through tax time alone. The sad truth is, going it alone may lead to overpayment of your taxes in the amount of hundreds and even thousands of …

Why Filing Early Can Be a Huge Boon for Small Businesses

Small to medium-sized business owners all over the country are dreading tax time and for good reason – the April deadline is quickly approaching and if you don’t have your tax situation locked down, time is running out. However, there are benefits to tackling your company’s taxes sooner rather than later, such as: Additional Time to Correct Mistakes Especially if …

4 Ways to Organize Your Bookkeeping to Keep Things Simple

Anyone who has ever started or worked for a small business knows everyone is expected to wear many hats, but when you’re concentrated on operations, sales, and keeping the lights on, proper and effective bookkeeping can often take a backseat to more pertinent issues. This leads to unnecessary troubles during tax time, but with a few smart decisions and changes …