The Work Opportunity Tax Credit (WOTC): What to Know

Being a business owner often means you’re in a position to give back to your community. One of the best ways to help out is to hire disadvantaged people in need of a steady job. By doing so, your good deed can be rewarded with a tax credit. The Work Opportunity Tax Credit (WOTC) is […]

Common Expenses for Restaurants

Properly recording and categorizing expenses is an important part of bookkeeping. It gives the business owner insight into how their money is being spent and helps them maintain a healthy cashflow. And when tax time comes, they can maximize their deductions because the necessary records have been kept throughout the year.   Every industry operates […]