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5 Steps to Better Invoicing and a Smart Payment Process

To make payroll, you need money in the bank… Which makes effective invoicing is a must. Let me ask you this: Do your customers pay you in a timely fashion? If not, cash flow can…

10 Best Cost Cutting Ideas for Small Businesses

There’s no point in sugaring coating this: running your own business is hard. Very hard. According to FastCompany, after the first 5 years, only about half of all small businesses in the US make it…

Is Your Business Ready for the Next Tax Season?

It feels like tax season is always just around the next corner. And that’s why you should make a point, particularly if you own a business, to always have everything ready and organize so the…

7 Tax Deductions to Start Tracking Now

If you are self-employed, you probably know that you have to set aside fifteen to twenty percent of your income to pay self-employment taxes. What many people don’t know is that you can save a…

4 Easy Tips for Successful Small Business Accounting

As a small business owner, you likely wear many hats. In an average day, you may serve as a clerk, a customer service liaison, a marketer, an analyst, and even an accountant. With so much…

What You Should Know About Penny Stocks

Penny stocks can present an intriguing opportunity to score quick profits, but trading in these low-cost investments is a risky venture. In general, the most profitable stocks are those that come from well-established, successful companies….

Income Shifting Strategies to Help Business Owners Become More Tax Efficient

This segment discusses different strategies that can potentially help a business owner become more tax efficient. Some methods include the restructuring of a business and establishing tax-deductible retirement plans. Synopsis The concept of characterization of…

7 Things Not to Do During an Audit

We get it. Tax audits can be nerve-racking, to say the least. And while there is a lot of information out there on what is appropriate to do, there isn’t much on what not to…

Don’t Make These 5 Huge Blunders When Investing in Real Estate

Real estate investing is one of the biggest business and investing crazes of the century. Prominent investors often use real estate to diversify their portfolios. It’s also a stable, profitable venture that beginning realtors can…

Solid Bookkeeping for Solid Finances

Don’t have time for keeping the books on your business? Better think again. Practicing good bookkeeping can make all the difference between a business that succeeds and one that flounders in the doldrums. Here’s how…

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