Financial issues can break a small business. Whether the financial issue is the result of poor funds management or tax mistakes, money issues are never a good thing. For this reason, every small business should take their finances seriously—the best way to go about doing so is to hire a certified public accountant or CPA. Audits If you're a new owner of a small business, it's a good idea to start planning for audits.
10 December 2019
When it comes to bookkeeping needs for your small business, few things are as complicated as your tax accounting and record keeping. There are so many details associated with small business taxes and the records that the IRS requires. If you haven't yet retained a business bookkeeping service to help you with these matters, you need to understand how to keep the records that support the tax filings. Here are a few things that you should keep in mind.
30 September 2019
If you're not utilizing accounting software for your small business, you're missing out on the opportunity to run your business more efficiently. Many small business owners forego the accounting software because they feel it will be too cost prohibitive. However, that's simply not the case, especially when the right software is chosen. If you want to reap the benefits of accounting software, it's time to sign up for online accounting software training.
5 June 2019
Medicare insurance is a valuable tool that is designed to help individuals pay for their medical costs. Unfortunately, there are a number of gaps in Medicare insurance—and being unprepared for these gaps can lead to significant financial problems. Accountants often advise clients to use a few different methods to potentially avoid these gaps. Here's what you need to know. What Is a Medicare Gap? "Medicare gap" refers to any type of lapse in Medicare coverage.
27 February 2019
