How to Deduct Your Office Costs

You should have a nice office — for many reasons. It can impact employee performance, contribute to customer or client satisfaction, and affect your profitability and ultimate business success. Setting up and maintaining your physical layout entails one-time and ongoing costs. Office Expense Deductions The tax rules on how to write-off office expense deductions can …

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15 Reasons Why Bookkeeping Is Important

Bookkeeping is important for helping you maintain accurate financial records. Yet still, many businesses fail to implement this integral process. Besides the fact you are required under law to maintain accurate books and records, doing so will save you frustration later on. In fact, “poor accounting” is one of the top reasons businesses fail. Without …

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Top 12 Bookkeeping Best Practices for Achieving Business Success

Managing your personal finances does not require much work. You probably have at least one checking and savings account, a retirement account, a few investments, perhaps a few monthly payments and a file to save receipts for tax records. When it comes to bookkeeping and accounting for business purposes, however, there is a lot more …

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Should Your Small Business Become an S Corporation?

Determining the type of company structure best for your small business can be a confusing exercise. Is an S Corporation advantageous for your small business? A little insight into the pros and cons of becoming an S Corporation may help in your decision-making process. S Corporation An S Corporation (Small Business Corporation) is a business …

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How to start your Accounting and Tax Year right

As a small business owner, you know that January signals you’re about to get knee-deep in your tax year: that means diving into 1099s, W2s, payroll taxes, sales taxes, reconciliations, and business taxes. You also schedule frequent visits to see your accountant. You may even dread “year-end wrap-up” conversations that make you want to run …

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8 ways Bookkeeper can help your business

Bookkeeping is one of the main accounting services. It ensures your taxes are done properly and your finances are in order in the event you’re audited. But maintaining your books isn’t something you should do solely as a tax-savings strategy. If done right, it can also prevent you from losing your sanity and help you …

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