Biggest Bookkeeping Mistakes Small Businesses Make
Bookkeeping is one of the hardest aspects of running a business for many owners, yet it is also one of the most important. Stop making big bookkeeping mistakes and you’ll soon start to reap the rewards.
5 Payroll Apps for Every Small Business
Staying on top of payroll is one of the most important tasks for small businesses, but it can be challenging and time-consuming. As a business owner, you want to ensure that your employees are paid correctly and on time, every time, but keeping up can be tricky, especially with all the legal requirements.
How to Update Accounting Books Quickly and Accurately
Every business owner knows keeping the books up to date is essential. The law requires it, and in any case, up-to-date numbers are critical for understanding the state of the business. But many owners and managers need help with it. They procrastinate, lose track of invoices sent and payments received, and fail to record receipts or other important details.
How to Deduct the Cost of a Business Party
Parties and other events are a great way to engage and reward employees and customers, and it’s also an opportunity to find tax deductions. But the tax rules for such events are strict and require careful planning and navigation to ensure you can claim your deductions with confidence.
Read on how to deduct the cost of a business party while also being conscious of potential tax deductions.
Small Business Tax Deduction Checklist – Part 2
The various taxes that small businesses have to pay out each year are significant, so it’s important to be aware of every opportunity the tax man gives you to reduce your bill. So be sure to consider whether any or all of the items in this checklist apply to your business and discuss them with your bookkeeper and accountant to ensure you are documenting and claiming every deduction available to you.
Small Business Tax Deduction Checklist – Part 1
With tax season approaching, you will want to take advantage of any and all deductions legally available to you. And if you aren’t satisfied with this year’s write-offs, you’ll want to start looking ahead next year to ensure you are aware of and actively documenting everything you could be deducting.
Six Simple Steps to Protect Yourself From Financial Fraud
Financial fraud is the number one consumer complaint in the United States, and it can have devastating consequences for victims.
But by being proactive and following some simple steps, you can make it much more difficult for criminals to steal your money or your identity. Read about implementing some measures to protect you!
How to Reduce Your Business’s Taxable Income
Now is the time to start thinking about the coming year, and what changes you could make to reduce your bill next time the taxman comes around.
Take a look at several ways businesses are reducing their tax burden.
5 Tips to Drive Profitability with Financial Reporting
Good financial reporting can help a business track what is really important for profitability and guide good decision-making for the future. Many small businesses struggle to really take full advantage of their financial reporting.
Take a look at five tips that could make the difference in whether your financial reports tick boxes or truly help drive growth.
Cloud-Based Invoicing Apps for General Contractors
Accounting and invoicing for general contractors have always been a paperwork-intensive process, tracking various construction-specific tasks like estimates, sourcing subcontractors, handling change orders, and partial-completion invoicing.
Let’s take a closer look at what makes construction invoicing different – and difficult – and consider a few highly-regarded apps that are worth considering, not only for invoicing but potentially for the entire end-to-end construction process, from submitting bids to paying contractors to customer relations.