Finance
An Expert Guide to US Payroll Taxes
U.S. Payroll Taxes — The Taxes No One Expects… While everyone is well aware of the impact of business income taxes, the sleeping giant of payroll taxes (also known as employment taxes or trust fund…
5 Reasons Your Small Business Should Switch to Digital Bookkeeping
In the 21st century, it would be an understatement to say technology and the internet have made running a business easier. With all this useful innovation at your fingertips, why would you continue to perform essential…
Heavy Vehicle & Deductible Home Office = Major Tax Savings
You can reap major tax savings with the heavy vehicle and home-office combo. The heavy vehicle produces quick deductions. The home office that qualifies as a principal office eliminates commuting miles, and such an elimination…
What are Quarterly Wage Reports and Why Do They Matter?
Wage reports, also known as quarterly contribution or wage detail reports, are the reports you file on a quarterly basis with each state, district and territory in which you pay employees in order to stay…
Why Do We Need Financial Forecasts?
Business owners and managers do financial forecasting to enhance management. Anticipate essential flows of money to manage them better. Forecasting is a necessary first step towards managing plan vs. actual results, which means course corrections….
Capital vs. Operating Lease: Tax Reporting Implications
We often encounter taxpayers who do not quite fully understand how to report for income tax purposes the lease agreements they have entered into for business use assets, particularly automobiles. Leased property includes real estate,…
Best Credit Card Processing for Your Small Business in 2017
Businesses that only accept cash tend to miss out on many sales opportunities. Choosing to accept credit cards at your small business is an important decision you should make, as it will help you bring…
10 Payroll Mistakes Every Business Should Avoid
Payroll affects every aspect of business: anticipating and avoiding common payroll mistakes is preferable to dealing with their consequences… Every good business relies on an effective payroll department. Beyond the crucial matter of delivering salaries…
How to Protect Your Online Business from Chargebacks
By Blair Thomas 8/31 For many merchants, the internet presents a myriad of opportunities. An online enterprise is not only easy to set up, but it also enjoys a much broader reach of potential customers…
How Can a Small Business Access Low Cost Capital?
Small business optimism continues to edge up as the halfway mark of 2017 approaches. To gauge confidence, the 2016 Small Business Credit Survey presented data from interviews with more than 10,000 small business owners across…