Why hire an accountant? In this article by The Finance Writer, we learn some reasons why DIY accounting may not be best for your startup or small business. Unlike the laws of thermodynamics, no automatic rules of the universe compel you to appoint an accountant....
Setting Up QuickBooks Properly will save you time, money, and aggravation. Setting up your Company File correctly, from the start, will help avoid headaches down the road. You will save yourself a lot of aggravation by getting this beginning step done right. If the...
Credit Card Processors and Merchant Fees Shop around for the best fee structure! I just stopped in our local Smith’s grocery store and saw signs posted all over the place stating that due to the high merchant fees, after April 3, 2019 they will no longer accept Visa...
Small Business Accounting series Get your company’s Balance Sheet report for the prior year and current year. Do the same for your Income Statement. Or, alternatively, you could compare recent quarters. The main point is to get at least two time periods to...
— 3 Major Benefits of Updated Bookkeeping and Accounting Records Knowing your company’s financial picture is key to success. A simple ratio such as your operating expense ratio (OER) can help you avoid serious problems down the road. But, to see any trends...
MarketWatch Article about new IRS regulations affecting Pass-Through business entities. According to this article by BILL BISCHOFF over at MarketWatch, the IRS has issued new regulations affecting pass through small businesses. Read Here The IRS has issued...
