Accounting Advices 

Here’s How You Can Budget Your Small Business!

It’s possible to balance your budget. It’s possible to balance your budget. Although this prospect gets even harder when you run a business, you can do it without fear of breaking the bank. With a solid financial foundation in place, you can ensure that your startup or sole proprietorship survives. Being an entrepreneur is exceedingly difficult, but if you have a head for numbers, it’ll be somehow easier, at least in this respect.  ssemble Your Income Streams  The first thing you’ll want to do is gather all of your revenue…

Read More
Accounting Services 

Tricky Business Questions: S Corporations and LLCs

Business owners often struggle with properly determining how to effectively and efficiently set up their overall business and tax structure. Business owners often struggle with properly determining how to effectively and efficiently set up their overall business and tax structure. There are so many different terms out there, from “sole proprietorships” and “limited liability partnerships” to “corporations” and “limited liability corporations.” Knowing the difference between these different companies can help you determine the best route to take for your business. Here are some helpful key terms to know and the…

Read More
Accounting Advices 

How to Spot Accounting Discrepancies

Here are some helpful tips and useful tricks to help you accurately spot any accounting discrepancies — which can lead to lasting mistakes. Unfortunately, accounting errors are all too common. In fact, even the most educated accountant and the most experienced CPA can make minor mistakes. However, these mistakes could be detrimental, which is why you want to avoid making some of the most common accounting errors out there. Understanding the most common accounting errors will equip you with the tools to properly spot those errors effectively and efficiently. The…

Read More
Accounting Newsletter 

Tax Changes – How Will Tax Season 2022 Look?

While, unlike 2020 and 2021, it seems that the deadline for the 2022 tax season won’t be pushed back, several other tax changes could impact you and your business. The 2022 tax season is the third one since the COVID-19 pandemic began, and as has been the trend, there are a lot of changes. It’s unlikely that the 2022 tax season will look like it did in past years, so business owners must be aware of tax changes that may impact how they file. These new complications are a sign…

Read More