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Small Business Weekly Accounting Tasks

Small Business Weekly Accounting Tasks

  • September 9, 2016
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This checklist series lays out a recommended timeline to take care of crucial accounting functions that will keep you attuned to the state of your business.

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Five Signs You Need to Fire Your Accountant

Five Signs You Need to Fire Your Accountant

  • September 7, 2016
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How do you know if your current accountant is really the best person for the job? These five red flags will help you decide whether they should stay or go.

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Count On It Tuesday: Essential Tax Documents

Count On It Tuesday: Essential Tax Documents

  • September 6, 2016
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Financial statements are a basic set of financial documents comprised of a balance sheet, an income statement and a cash flow statement. For tax purposes, the income statement is the one most used by your accountant, but he or she…

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Small Business Daily Accounting Tasks

Small Business Daily Accounting Tasks

  • September 2, 2016
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This checklist series lays out a recommended timeline to take care of crucial accounting functions that will keep you attuned to the state of your business.

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Is Your Fear of Numbers Paralyzing Your Business?

Is Your Fear of Numbers Paralyzing Your Business?

  • August 31, 2016
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Small business owners are notorious for single-handedly juggling the many different aspects of running a business. But when it comes to financial management, many (too many really) small business owners have got their heads in the sand. While taking the…

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Count on it Tuesday: IRS Red Flags

Count on it Tuesday: IRS Red Flags

  • August 30, 2016
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Unusual or unrealistic itemized deductions, either for individuals or small business owners, may raise a red flag for auditors.

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Cash Accounting Reduces Complexity But Is Limited.

Cash Accounting Reduces Complexity But Is Limited.

  • August 26, 2016
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Businesses making less than $5 million may use cash accounting rather than the more complicated accrual method. The cash method more accurately reflects small business expenses and reduces record-keeping and paperwork costs. Raising the threshold to $10 million or more…

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Budgeting for Your Business

Budgeting for Your Business

  • August 24, 2016
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You’ve opened a small business and your sales are strong. Before the revenue can hit the bottom line, however, there are expenses to pay. Many of them are major, and most will recur each month. The trouble is, not enough…

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Count on it Tuesday: IRS Red Flags

Count on it Tuesday: IRS Red Flags

  • August 23, 2016
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Count on it Tuesday features IRS Red Flags. The IRS takes a close look to excessive business tax deductions so be careful on taking liberties at tax time.

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Taxes Interfere with Small-Business Cash Flow

Taxes Interfere with Small-Business Cash Flow

  • August 19, 2016
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Small businesses rely on cash flow to pay day-to-day expenses like wages, benefits, & utilities. 50% of small businesses regularly face cash-flow problems.

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