blog

  • 4 Conversations You Should Have With An Accountant

    Accounting services cover a lot of domains, and it can leave the clients of accountants wondering what they need to talk about. If you're worried that you're not making the most of working with a professional, here are four accounting conversations you should have. The Art of Documentation If there's one thing you can do to become your accountant's favorite client, it would be to get your documentation in order. This goes beyond simply keeping the books straight.
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  • Should You Hire A CPA? 3 Reasons Why You Should

    Filing your own taxes may have been simple back when you had a part-time job and had absolutely nothing at all to claim. Now you're married with kids, your wife has a side-job, you have a mortgage, student loans, child care, and a lot of other things you didn't have to think about before when you filed your taxes yourself. Now things are a little more difficult. This is when a certified public accountant (CPA)  may come in handy.
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  • Management Tips And Strategies For Small Businesses

    As you work to make informed decisions for the betterment of your business, you can find it is difficult to know where to start when you are first establishing your new enterprise. While this can be one of the more difficult periods of starting an enterprise, it can also be among the most important. This makes it vital for business owners to take aggressive steps to ensure their business gets off to the best start possible.
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  • 3 Essential Accounting Practices Necessary For A Successful Restaurant

    If you in the process of opening up your first restaurant or food stand, on top of figuring out all the food that you want to serve and creating the right ambiance, you need to make sure that you also take care of the financial side of your business. You need to stay on top of the financial side of running your restaurant if you want to have a successful venture.
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  • Why Reassess Your Prior Year's Taxes... And How To Do It

    You file income taxes each year, but there are times when you may want to go back to prior years and reexamine those earlier returns for a variety of reasons. What are these reasons? And what should you do about it? Here are a few answers. Why Would You Go Back? The most common reason to reassess a prior return is when the IRS sends a notice or letter about it.
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  • 3 Reasons Why Your Small Company Might Want A Payroll Pro

    As a small business owner, you likely have a lot on your plate on any given day. One of the most important things you probably do every week or two weeks is make sure your employees are paid on time. But as your business continues to grow, you may soon find there are some disadvantages to doing payroll all by yourself. Here are three reasons why you should hire a payroll services company to help you with this process.
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  • 3 Reasons Why You Should Outsource Your Company's Bookkeeping

    Bookkeeping is one of the most important functions in any business. It impacts everything from your tax filings to your financial reporting. If the books aren't accurate, it's impossible to tell whether or not you're profitable. You'll need accurate financial records for a wide range of business activities, like borrowing money, taking on investors, or even deciding to expand. A skilled, experienced bookkeeper helps you create accurate and insightful financial documents.
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  • Here's What An AML Consultant Should Be Able To Do For Your Small Bank

    If your banking institution not already working with an AML consultant, there has never been a better time to consider doing so. Following are a few important things an experienced AML consultant should be able to do for your bank's organization overall. Implement and Manage Internal Controls One of the most important things you should be able to rely on your AML consultant to do is implement and manage an appropriate set of user controls that will help ensure that nobody within your operation even has the opportunity to commit financial fraud of any kind.
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  • 3 Types Of Taxes To Be Aware Of When Selling Online

    If you sell items online through a service such as Etsy, eBay, Artfinder, or a similar website, you need to make sure that you are aware of the different types of taxes that you have to collect and pay. If you are making a profit off of your online business on a consistent basis, and you are using the online service as a way to do business, not as a small side hobby, then you need to make sure that you are collecting and paying the right type of taxes.
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  • 3 Reasons Your Business Needs A Bookkeeper

    If you own a small business, you likely have a long list of tasks that you need to make sure are completed by you or your employees each and every day. If you are starting to feel like you're burning both ends of the rope, perhaps it might be time to offload some of the more time-consuming tasks to another party. Here are three reasons why more and more business owners are choosing to retain the services of a firm that offers professional bookkeeping services.
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