Tax and Accounting
2017 Year-End Tax Savings Tips Not to Overlook
With the possibility that tax law changes could go into effect next year that would significantly reduce income tax rates for many businesses, 2017 may be an especially good year to accelerate deductible expenses. Why?…
Payroll and Tax Issues to Be Aware of at Year-End
With an overhaul of the nation’s tax system in full swing, it can be difficult for small businesses to know what to expect when it comes to tax laws and regulations next year. But, if…
Best Tax Tips for Small Business Owners in 2018
Doing your taxes is not something people typically look forward to. In fact, if the word “taxes” is even muttered, you can usually expect an audible “ugh” to follow. Whether you’re a small business owner,…
Business Tax Provisions: The Year in Review
Whether you file as a corporation or sole proprietor here’s what business owners need to know about tax changes for 2017. Standard Mileage Rates The standard mileage rates in 2017 are as follows: 53.5 cents…
How to Make Small Business Bookkeeping Easier
For many small business owners, bookkeeping is considered a necessary evil that is often ignored until the end of the fiscal year. Luckily, there are a few simple steps you can take to simplify your…
Petty Cash Management: A Good Practice System
Petty cash is a float that gets replenished monthly and is a convenient way to reimburse staff for company purchases or to cover minor expenses. Petty cash is considered a current asset on the balance…
Getting Your Finances in Order for Year-End
To run a successful business, getting your finances organized is absolutely essential, not least when preparing for year-end. By keeping track of your profits and losses, you’ll be able to meet your legal responsibilities and…
2017 Might Be Last Chance to Claim a Tax Credit by Hiring a Veteran
With Veterans Day on November 11th, it’s an especially good time to think about the sacrifices veterans have made for us and how we can support them. One way businesses can support veterans is to…
The Rise of Influencers and How to Account for Their Success
Influencers – such as bloggers and social media mavens – have risen in prominence as the internet becomes more integrated as a tool for communication and commerce. In fact, many influencers make significant profits by…
6 Ways for Global Freelancers to Save Money
Working as a freelancer comes with its share of benefits – you get to decide your own work hours, you can work from anywhere, and you don’t have to worry about what to wear or…