As a business owner, you are likely very busy. With all the day-to-day responsibilities business owners face in managing and running their business, managing the business’s books can feel tedious and it can be tempting to put off bookkeeping responsibilities...
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How to Keep Track of Business Expenses for Taxes
Tracking business expenses can be tedious. Without proper attention and strategy, small business owners can quickly fall behind in keeping their financial records up to date. Tracking your business expenses allows business owners to easily see the whole picture of...
Outsourced Tax Preparation: Tax Strategies for Small Businesses
Taxes and bookkeeping are important aspects of every business. Bookkeeping involves the tracking of invoices and their corresponding payment. Ensuring your business receives on-time and accurate payments keeps your business alive and thriving. Additionally, it is...
QuickBooks 101
QuickBooks is an accounting software package developed and marketed by Intuit. QuickBooks is the premier accounting software used by small and medium-sized businesses to manage income and expenses and keep track of the financial health of their business. Among other...
How to Become a Tax Preparer
So, you are interested in a career as a tax preparer, but how do you actually become a tax preparer? What qualifications do you need? What do tax preparers do? What does a tax preparer do? Tax preparers complete a file tax forms for their clients. Tax preparers will...
What is Sustainability Reporting?
The sustainability movement is a shift toward cultural and environmental responsibility that has gradually become the norm in the modern day. In fact, customers often select companies based on their ethical and sustainable impact. Because sustainability plays such a...
What is Remote Bookkeeping?
Remote bookkeeping is an attractive option for small and emerging businesses in search of affordable financial management. As the name implies, remote bookkeepers work are outsourced team members who provide virtual support whenever needed and are often hired by...
3 Questions to Ask Your Business Accountant
Some say money isn’t everything, but to your accountant, your money should be EVERYTHING. An accountant can take away the stress of managing your businesses’ financials and allow you to focus that time and energy into creating additional revenue. So how do you know if...
How to Organize Invoices for Small Business Bookkeeping
If you run a small business, how are you storing your invoices? If you're like most people, they're either in a box or folder somewhere, or thrown into a digital folder. It may seem like an easy enough task to file them away, but what about when it's time to do your...
4 Business Outsourcing Opportunities to Consider
Outsourcing is the process of finding a company to perform business tasks for you. Many small businesses have found outsourcing to be an effective means of managing all facets of their business, from payroll and accounting to marketing and customer service. In this...
What Are Money Purchase Pension Plans (MPPPs)?
Regardless of if retirement is right around the corner or decades from now, it is critical that both you and your employees have a concrete plan of action in place. Have you considered offering a money purchase pension plan (MPPP) as part of your offered retirement...
Small Business Profit Sharing Plan
Profit sharing plans, also known as employer discretionary contributions, are commonly confused with a variety of other employer-provided benefits, such as 401k plans. However, they are significantly different! As a small to mid-sized business seeking to create a...