June 15, 2023 8:51 pm
Published by Writer
As a business owner, you know that your financial reports are crucial for determining the health of your business. Accurate financial reporting can help you make informed decisions, secure loans, and even attract potential investors. However, many businesses fall short in keeping up with their financial reporting, which can lead to costly mistakes and oversights. In this blog post, we will discuss the importance of accurate financial reporting for your business. What is Financial Reporting? Financial reporting is the process of creating financial statements and other reports that provide an overview of your business’s financial performance. There are three primary... View Article
February 14, 2022 4:58 pm
Published by Writer
If you plan on opening a business, registering for a business DBA is something you should consider. While you’ll be facing plenty of legal decisions as you start your business, unless you’re a lawyer, you’re probably unfamiliar with many of the terms and acronyms you’ll likely encounter—and DBA is just one of them. What is a DBA, and why would you need one? Read on to discover everything you need to know about this common term and whether it might be something you need for your business. What is a DBA? DBA is an acronym that means “doing business as,”... View Article
January 31, 2022 4:58 pm
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Getting ready to file your taxes this year? If you’re filing personal taxes or business taxes, you need to understand some of the differences so that you comply with all necessary requirements. Read on to discover what separates these two unique filings, as well as tips on how to make the filing process easier. Tax forms One of the primary differences between filing business taxes and personal taxes is the form you’ll need to fill out. If you’re filing personal taxes, you’ll likely complete a Form 1040. For business owners, the situation is much more complex. If you run a... View Article
January 4, 2022 8:10 pm
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Life, death and taxes: the three guarantees in life. People have been paying taxes since 3,000 BC, according to a Northeastern University article. They’ll surely be paying them for thousands of years into the future. But taxes aren’t all bad. Sometimes instead of owing money to the government at the end of the year, you get money back in the form of a tax refund. You might be asking yourself, “What do I need to know to get a tax refund check?” This article will cover some important things to know about tax refunds. Not everyone gets a refund Depending... View Article
December 21, 2021 8:10 pm
Published by Writer
Owning and operating your own small business can be one of the joys in life. Not everyone gets to have nearly complete autonomy over their professional lives—but with freedom comes the mundane task of bookkeeping. While you could keep the books yourself, there are numerous benefits of hiring an accountant for a small business. Enlisting the help of a professional who’s well versed in business-related accounting and various tax laws could make your life a whole lot easier. If you’ve ever asked yourself, “Why should I hire an accountant as a small business owner?” then this article is for you.... View Article
