What Is a Chart of Accounts, And Why Does it Matter?
Running a business is no easy feat. You must juggle the demands of your customers along with keeping your records in check. Although most business owners don’t…
Can Good Bookkeeping Help You Manage Debt?
Maintaining accurate financial records is crucial to the smooth operation of any small business. Bookkeeping entails maintaining precise and accurate records of all assets, liabilities, income, and…
Why Do Entrepreneurs Need Accounting Services?
Ask any successful entrepreneur what the most challenging part of running a business is, and they will more than likely mention accounting as one of their biggest…
Will Your Tax Bracket Change in 2023?
Due to record-high inflation rates, Americans have watched prices soar over the past two years. Unfortunately, these same increases haven’t come in the form of raises or…
Accounting Basics for Freelancers and Self-Employed Individuals
Being a freelancer allows you to work on projects that interest you at your own pace. Freelancers can pick work from several clients across many time zones…
13 Ways Small Businesses Can Lower Their Tax Liability
All business owners want a thriving business that grows consistently and offers steady profits. Tax preparedness is key to this. Businesses are required to pay taxes on…
How to Determine Payroll Taxes
Payroll is the compensation you owe your employees for their work in your business. Payroll is calculated based on the gross pay minus all taxes and deductions…
How to Become Your Tax Preparer’s New Best Client
Many small business owners undervalue the importance of a tax expert, but your business can work much better with the help of a tax preparer. A tax…