The Role of Bookkeeping in Preparing for an Audit

For many business owners, the mere mention of an audit can evoke feelings of stress and anxiety. But the fact is that just about any financial documentation an auditor wants to examine is also something that would directly benefit the business’s owners and managers themselves.

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Bookkeeping Tips for Franchise Owners: How to Stay on Top of Your Finances

As a franchise owner, you have bought into a proven business model that provides assets such as branding and marketing to help you start and maintain a successful business. With your purchase, however, you’ve also taken on specific commitments and have to abide by particular rules. Let’s look at key steps you can take to implement a bookkeeping process that fulfills both requirements.

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Answers to Frequently Asked Questions About Tax Deadlines for 2023

Tax season is here, and that means it’s time to not only gather your documents and file your annual returns but also to plan for the coming tax year. If your only income sources are W-2 based, the annual deadline will be your main focus, but if you are self-employed or own a business, you face several other deadlines over the coming months.

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