How long does bookkeeping take for a small business? As a small business owner, you know that bookkeeping is an essential task for tracking your… Read More »Expert Tips for Small Business Bookkeeping: How Long Does it Take?
How is variance analysis used to evaluate performance? Are you uncertain about the true financial performance of your business? Are you missing out on valuable… Read More »How Variance Analysis Helps Evaluate and Improve Performance
5 bookkeeping tips on saving money and boosting your business’s bottom line Are you looking for ways to save money and boost your business’s bottom… Read More »5 Expert Bookkeeping Tips: Save Money and Boost Business’s bottom line
How much should a small business bookkeeper charge? As a small business owner, you have a lot on your plate. Between managing your team, handling… Read More »How much should a small business bookkeeper charge? [CPA Verified]
How much should a small business pay for accounting services? As a small business owner, it’s important to carefully consider your expenses and allocate your… Read More »Small Business Accounting Services: How Much Should You Expect to Pay?
Components of a Small Business Acquisition Loan When a small business is looking to expand and grow, it’s common to seek financing options. One popular… Read More »A Beginner’s Guide to Securing a Business Acquisition Loan
Everything You Need To Know About Equity Accounts As a business owner, you may wonder what an equity account is and how it can help your… Read More »Unlocking the Secrets of Equity Accounts: A Comprehensive Guide for Business Owners
How to Record Personal Expenses Paid With Business Funds When you run a business, your expenses are important. However, tracking down all personal expenses you’ve… Read More »Step by Step Guide on How to Record Personal Expenses in QBO
What are the benefits of S Corporations? When starting or running a business, there are multiple legal structures available to choose from. The most common… Read More »The Astonishing Benefits of S Corporations
Why Financial Statements are Necessary There are a few reasons why financial statements are important. First and foremost, they provide transparency into the company’s financial… Read More »The Unbelievable Truth in Needing Financial Statements
Tax Free Living Inheritance Gifts Many people want to leave their loved ones something valuable but don’t want to pay taxes on the gift. There… Read More »Tax Free Inheritance Gifts: How to Avoid Paying Gift Tax
Estate Planning for Non Married Couples In today’s society, there is a growing trend of unmarried couples living together. This has created a new category… Read More »Estate Planning for Non Married Couples: Plan Ahead
Purchase Price vs Cost of Inventory Inventory is one of the key costs associated with running a business. Managing inventory requires constant vigilance to ensure… Read More »Purchase Price vs Cost of Inventory: What’s the Difference
The Difference Between Expense and Liabilities In business, two main terms often get confused: expenses and liabilities. Expense is what a company spends to make money,… Read More »What are the Differences Between Expense and Liabilities?
Is Accounts Receivable a Revenue or An Asset? In accounting, the terms revenue and asset are often used interchangeably. However, there is a key distinction… Read More »Is Accounts Receivable a Revenue or An Asset?
Day to Day Bookkeeping Setup and Processes The process of bookkeeping is essential for any business. It ensures that all financial transactions are accurately recorded,… Read More »Unlock Organized Finances: A Comprehensive Guide on Day-to-Day Bookkeeping
Single-Entry Bookkeeping: Everything You Need to Know Many small businesses and home-based businesses sometimes do their own bookkeeping. Bookkeeping is a great way to keep… Read More »Single-Entry Bookkeeping: A Complete Guide
Inventory and Cost of Goods Sold Inventory and cost of goods sold are two important factors in business. They help a business plan, forecast future… Read More »Inventory and Cost of Goods Sold: What You Need to Know
What Can I Expense? Personal Vs Business Expense Even the best-intentioned business owner can fall victim to mixing business and personal expenses. Generally, businesses can… Read More »Personal Vs Business Expense
The Difference Between Accrual Basis Accounting and Cash Accounting Choosing the accounting method that best suits your needs is essential when starting a new business.… Read More »Accrual Basis Accounting Vs. Cash Accounting
The Three Types of Incomes and How They’re Taxed There are many different types of income, and each one has its effect on your taxes.… Read More »Income Types and How They Effect Your Taxes
Hobby Vs. Business Taxes: Everything You Need to Know It can be hard to determine an expense is for a business or a hobby. If… Read More »The Difference Between a Business and a Hobby
General Ledger Accounts: How it can help your business bookkeeping system Are you using a bookkeeping system for your business? If so, you may be… Read More »The Benefits of General Ledger in your Business Bookkeeping
Accountant Vs Bookkeeper: Which is Best for My Business? If you’re wondering whether you need an accountant or a bookkeeper for your business, it’s important… Read More »The Differences Between Accountant vs Bookkeeper
Bookkeeping Cheat Sheet If you’re like most small business owners, bookkeeping is probably not your favorite task. It can be confusing and time-consuming, but it’s… Read More »The Ultimate Guide to Bookkeeping (Cheat Sheet)
Tax Deduction Vs. Tax Credits Cheat Sheet When it comes to tax time, people can claim a few different things on their return. The two… Read More »The Ultimate Guide on Tax Deductions Vs Tax Credits
Difference Between Cash On Hand, Cash In Hand, and Petty Cash There are often confusion between the terms cash on hand, cash in hand, and… Read More »FAQ on Cash In Hand, Cash On Hand, and Petty Cash
Commonly Overlooked Tax Deductions That Will Save You Money The IRS is always on our minds, well, at least for me. We should be thinking… Read More »17 Common Tax Breaks You Shouldn’t Overlook
8 Tax Tips for Your Charitable Donations Charitable donations are a great way to give back to the community and support important causes. However, it’s… Read More »Top 8 Charitable Tax Tips for Donors
What is the Difference Between Refundable and Non-refundable Tax Credit? Tax season is in full swing, and many people misinterpret the refundable and non-refundable tax… Read More »Maximize Tax Savings: A Guide to Refundable vs Non-Refundable Tax Credits
Working from home and its tax benefits Working from home can be a great way to save money on childcare and other expenses such as… Read More »Tax Benefits with Ideas for Working From Home
Business Entities and their Tax Advantages One of the first decisions you’ll have to make when starting a business is what type of business entity… Read More »How to Choose a Business Entity with Tax Benefits
Basic Accounting Terminologies Are you baffled by accounting terminology? If you know what a balance sheet is but don’t know what it means, we got… Read More »Accounting Terminology Guide For Every Business Owner
Why Accounting Software is Useful and Important For Your Business? Accounting can be tedious and time-consuming for many business owners. You’re probably spending hours staring… Read More »What are the importance of Accounting Software?
Accounting For Small Businesses When you think of accounting, what comes to mind? Do you think of numbers and equations, or do you think of… Read More »What is accounting and how does it work?
Top 5 Reasons Why Bookkeeping Is Important Are you wondering why you can’t keep track of your business finances? Did you pay a high tax liability… Read More »Top 5 Benefits of Bookkeeping
What are the Key Differences of Outsourced Bookkeeper vs. In-House Bookkeeper? (Benefits of both services included) If you’re like most business owners outside of the… Read More »Top 5 Benefits of Outsourcing Bookkeeping Services
Choosing an Annual Year For Small Businesses Choosing a tax year for your business affects your decision on filing taxes and may have severe repercussions… Read More »Choosing The Right Tax Year For Your Business
What Every Business Owner Should Know About Sales Tax and Nexus! Many business owners fall behind on sales tax simply because they’re unsure of what… Read More »Understanding Sales Tax and Nexus
Top 9 Strategic Ways to Keep an Eye on Your Cash Flow (Step by Step guide) Believe it or not, your business cash flow… Read More »Top 9 Ways to Keep an Eye on Cash Flow
What are the requirements for bookkeeping without a license? Are you thinking about starting your business but don’t have the time or resources to pay… Read More »Top 5 Tips to become a Bookkeeper without a license
