3 Reasons Your Business Needs A Bookkeeper

Posted on: 3 April 2018

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.
[Read More]

Filing Taxes As Head Of Household: Requirements And Restrictions

Posted on: 17 January 2017

Most people know that they can file their taxes as a single person or as a married couple. But there's also an entirely different class of filing: "head of household." A head of household is an individual who has dependents who aren't their spouse. This type of filing conveys very similar benefits to filing as a married individual, including substantial tax breaks -- but it has to be understood to be used.
[Read More]

Deducting The Foreign Tax Associated With Dividend Income From A Foreign Company

Posted on: 20 December 2016

Many individuals diversify their portfolio holdings by investing in companies based in other nations. U.S. tax filers who receive dividend income due to their stock ownership in foreign companies may be eligible to take a tax deduction for taxes paid to a foreign government. You may directly own shares in a foreign company, or you might have ownership in a mutual fund that has investments abroad. Either way, it is likely that your dividend income received from a foreign company is slightly reduced by taxes paid to the home country of the business.
[Read More]

What Types Of Reporting Should You Bring To Employee Reviews?

Posted on: 1 November 2016

Rather than being a chance for you to talk with employees about issues, a great employee review should be a two-sided discussion that allows both parties to gain insights and share their feedback. Using management reporting in employee reviews is one way to foster dialogue during these sessions. Here are some pointers on how to incorporate reports into your reviews. Why Bring Reports? There are a few key benefits of bringing reported data into your reviews.
[Read More]