If your current accounting system feels confusing, outdated, or no longer fits your business, it may be time to consider a change. The right accounting software can save you time, improve accuracy, and give you better insight into your numbers so you can make more confident decisions. Many business owners look for a new system …
Need a new accounting system? Top software options for business owners Read More »
As a business owner, it’s common to have expenses that overlap between business and personal use. The tricky part is figuring out what portion is deductible. Done correctly, this can save you money at tax time. Done incorrectly, it can raise red flags with the tax office. Here are some detailed examples to guide you: …
When an Expense Is Both Business and Personal What You Can Deduct Read More »
Nobody wants a surprise letter from the IRS. And when it comes to your business income, there are a few red flags that could draw attention even if you’re not doing anything wrong. Here are some of the most common income-related red flags we see and how to avoid them: If the numbers are off …
Your bookkeeper or accountant plays a big role in keeping your business finances on track, but if they’re not meeting your needs, it might be time to make a change. If you’ve ever found yourself saying: What to Look for in a New Bookkeeper or Accountant The right bookkeeper or accountant does more than just …
Is It Time to Switch Bookkeepers or Accountants? Here’s How to Know Read More »
If your accountant is retiring, you might be wondering what to do next. Don’t panic! There are a few key steps you can take to ensure a smooth transition for your business finances. 1. Get Your Records in Order Before your accountant steps away, request all financial records, reports, and tax documents. Make sure you …
Accountant Retiring? Here’s What You Need to Know Read More »
