Trimming Expenses
Keeping an eye on the following areas will help keep them under control. You might be recording all of your company’s or client’s expenses, but you probably don’t control them. Below you will find some tips to help you with Trimming Expenses for your business....
Is Your Office Manager Your Bookkeeper?
Is your office manager your bookkeeper as well as having their own duties as an office manager? How does this affect your profit? We're going to dive right in and see what you may be missing out on by having your office manager as your bookkeeper instead of hiring a...
Accounts Receivable – Year End Review
As we are quickly approaching the end of the year, it's time to take a look at Accounts Receivable – Year End Review. It is time to start taking a serious look at your Accounts Receivable. Accounts Receivable is a significant current asset on your balance sheet. ...
4th Quarter: How to Organize Your Filing Systems to Improve Efficiency
Having an organized filing system will not only make your business run much more smoothly but also efficiently. The last thing you want is to be looking for specific files and you can’t locate them, not electronically or by paper. That would be a disaster that can...
Quick 1099 Form Tips
Businesses that hire independent contractors should be familiar with the 1099-MISC which is sent out to contractors to use for their tax-filing purposes. 1099 forms are only sent to sole proprietorships and partnerships. You do not need to send a 1099 form...
Digital Signing Benefits
There are many benefits to your business when you adapt to the ever-changing digital trends. You'll not only see improvements in your efficiency but also save some money. Digital signing is one such digital trend. Most digital signing software offer small businesses a...
Tax Filing: Steps to make filing easier in 2021
This year has been quite busy and there's been a lot of changes. One thing that remains constant is the tax season. Tax season 20201 is coming up and we need to stay ahead of our tax filing, to avoid penalties. The IRS has outlined steps that can help to ensure that...
The Perfect Budget for Your Profitability
As we approach a new year, it's important to start budgeting in a way that maximizes your profititabilty. A budget is not to be thought of as a financial limitation. A budget is only a plan that outlines how you want to generate sales, spend your money, and ideas on...
Preparing Your W-2 Forms For Tax Season
About the W-2 Forms Form W-2 is an Internal Revenue Service tax form used in the United States to report wages paid to employees and the taxes withheld from them. Employers must complete a Form W-2 for each employee to whom they pay a salary, wage, or other...
A Business is Like a Baby
It’s been said many times that a business is like a baby. When you get to see an idea grow from inception to reality, you not only become attached but tend to fall in love with it over and over again. Seeing it grow into what you imagined puts the icing on the cake....