One of the many ongoing challenges for business owners is making sure the books are balanced. Within the chiropractic industry, that element of running a practice can be a particular pain point. In a blog entry on Chiroeco.com, an online resource for the chiropractic...
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Full Charge Bookkeeping vs Bookkeeping: Which is Best for your Company?
When it comes to a bookkeeper vs full charge bookkeeper, who is the better for your business? Company owners everywhere deal with countless struggles involving their business, from the various employees they hire and deal with to the tracking and managing of their...
Testimony on The Merits Of Outsourcing Your Bookkeeping
When it comes to calculating sales tax in the state of New York, the former website Taxrates.com spelled it out bluntly and without pulling any punches: New York sales tax has numerous local taxing levels that must be monitored and maintained on a regular basis. It is...
What Is A Bookkeeper?
As a small business owner, we know that you like to do everything that you can on your own so that you can save as much money as possible. When you first start your business, you think that it will be pretty easy for you to do your own bookkeeping. After a while, you...
How to Choose Your Small Business Bookkeeping Software
Small business management involves numerous intricate tasks, including monitoring your company’s finances. Despite its importance, bookkeeping can be overwhelming, particularly when handled manually. Thankfully, the rise of technology has introduced bookkeeping...
Navigating the Employee Retention Credit: Avoiding Common Pitfalls
In the wake of the COVID-19 pandemic, the Employee Retention Credit (ERC) emerged as a lifeline for many businesses, offering financial support to retain employees during challenging times. However, as the IRS deadline approaches, small businesses must tread carefully...
AI in Accounting: What’s Coming for Small Businesses
We know artificial intelligence is making strides in many industries, from content creation to software development. But what is the status of AI in accounting and bookkeeping? Well, it turns out it’s not much further removed from where AI leads many other arenas....
Introduction to Tax Relief for American Families and Workers Act of 2024
Picture a future where the tax system works for you, not against you. Doesn't seem too far-fetched? Welcome to the reality of the Tax Relief for American Families and Workers Act of 2024. As a pivotal landmark in American financial legislation, this Act promises to...
15 Important Signs That You Need a New Bookkeeper
A robust business requires healthy finances. To have an accurate idea of how your business is doing and how to move forward, you need the correct data—the kind of data a good bookkeeper can provide. Your bookkeeper takes care of income and expenses and categorizes...
What Are the Differences Between In-House Audits and External Audits?
The word audit can be enough to elicit worry and consternation from business owners and employees alike. For most people, having their work double- and triple-checked by someone else is nerve-wracking. Not many people relish the idea of someone else looking over every...
How to Create an Efficient Profit and Loss Statement
Hopefully, your business made a profit last year. After all, that’s the primary purpose of most companies - to turn profits and generate earnings for owners and shareholders. But how do you know how much of a profit your business made in the past 12 months? Or in the...
5 Myths About Payroll Services That Need To Die
Starting a business isn't easy. It takes a brave soul and a creative mind to deal with all the challenges of building your own company from the ground up. Business owners must wear multiple hats every day, from Chief Marketing Officer to Head Of Human Resources. Once...