Category Archives: Accounting

5 Fall Projects to Refresh Your Financial Results

As we move into the fall season and the final quarter of the year, it’s a perfect time to commit to a project in your business that will help you reach the year’s end in better shape.  Here are 5 … Continue reading

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Budgeting Breakthrough

When you hear the word “budget,” what do you think about?  Most people would say something similar to “Ugghh!” If you would rather do just about anything besides create a budget, you’re not alone.  The word “budget” brings up connotations … Continue reading

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Need an A/R Makeover?  A Quick 5 Item Best-Practice Checklist

Technology has allowed businesses to make substantial improvements in their customer invoicing processes.  The good news is that when you implement these technologies, you will almost always get paid much faster. If it’s been a few years since the last … Continue reading

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5 Fun Things to Add to Your Invoices

When it comes to marketing, the company invoice might be the last thing you’d think about.  But think again:  it’s a great place to make every attempt to get paid faster and have your customer coming back for more services … Continue reading

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9 Tips All Business Owners Should Follow

Business owners are experts in their industry. You know your products and services well – better than the competition. You know how to reach those customers, too. But, managing what’s behind the scenes isn’t always as easy. With the right … Continue reading

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Top 4 Mistakes By Small Business Owners

Article Highlights:  Reporting employees as independent contractors Not reconciling bank accounts regularly Forgetting to record payments against open invoices Not understanding the differences between cash flow and profit When you decided to open for business, you had a vision for … Continue reading

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Starting a New Business

Anyone starting a new business should be aware of his or her federal tax responsibilities. Here are several things you should know if you plan on opening a new business this year. First, you must decide what type of business … Continue reading

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Tips to Reduce Payroll Stress

Tips To Reduce Payroll Stress When you hire your first employee, you create an entire new task of complying with employment and labor laws and issuing a payroll. Payroll taxes create more administrative burden for small businesses than any other … Continue reading

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Is There An App for That?

The technology side of the accounting industry is rapidly changing and expanding. Literally hundreds, if not thousands of new companies and new software applications have sprung up to help small businesses automate their processes and save time and money. The … Continue reading

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Virtual Currency – Bitcoins

Article Highlights: Taxation of transactions in virtual currency Wages paid in virtual currency Payments to contractors in virtual currency Virtual currency as capital asset Virtual currency as inventory or property for sale Virtual currency is a digital representation of value … Continue reading

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