The Tax Cuts and Jobs Act is the first significant tax reform in over thirty years, and it affects everyone. Business owners, freelancers, employees, and individual taxpayers all need to learn the ropes on the new rules to keep ahead of the...
Read moreUnderstanding Business Tax Deductions
Paying taxes on your business profits is inevitable, but if you know what you’re doing, you can dramatically reduce how much of your income is taxable. Minimizing taxable income is just a matter of knowing what deductions you can count as...
Read moreBuild a Budget for Small Business Success Year-Round
Small businesses have small budgets. Knowing how to manage your business’s budget effectively can determine whether it thrives or dies. Why You Need a Budget Every company across every industry has a slightly different budget. All of these...
Read moreSmall Business Accounting Resources for March
Starting and running a small business successfully takes a lot of long hours, hard work, and trial-and-error attempts to climb the ladder of success. Accounting is an area where many small business owners struggle to manage. The following...
Read moreWhen Is It Time for Small Businesses to Outsource Accounting?
Small businesses tend to keep their accounting efforts in-house. This makes sense. When you have a smaller revenue, accounting services take up a larger percentage of your budget, seemingly limiting how much you have to reinvest back into your...
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