All Accounts Bookkeeping
Filing your 1099s can seem daunting, but here’s what you need to double-check before submitting them. Whether you’re self-employed or own a small or large business, everyone should be focused on filing their tax returns for the 2021-2022 tax year, which begins in January 2020. The new 1099 guidelines will take effect on January 1, […]
The withdrawal represented by drawings in accounting terms is taken by the owner of the company. As such, withdrawals will have an impact on the company’s financial statement by showing a decrease in assets for the amount taken out. It will also represent a decrease in the owner’s equity because they are, essentially, cashing in […]
Last month, inflation jumped at its fastest pace in nearly 40 years. This is causing household expenses to increase, eat into wages gains and putting pressure on President Joe Biden and the Federal Reserve to do something about it. What is the Cause of This Unexpected Inflation? The unexpected inflation in the United States is […]
Bitcoin continues to decline in value while the cryptocurrency marketplace faces uncertainty, with Ethereum having dropped to third place by market capitalization. The cryptocurrency market has recently seen its prices plummet, despite the fact that there are more than 1000 cryptocurrencies currently on the market. This is odd considering the fact that more than 8300 […]
U.S. SMALL BUSINESS TAX CHECKLIST FOR S CORPORATIONS Use this checklist to gather the right information for your CPA, and help them reduce your tax bill.
U.S. SMALL BUSINESS TAX CHECKLIST FOR C Corporations Use this checklist to gather the right information for your CPA, and help them reduce your tax bill.
U.S. SMALL BUSINESS TAX CHECKLIST FOR PARTNERSHIPS Use this checklist to gather the right information for your CPA, and help them reduce your tax bill.
Looking for help in brining your tax records in order for 2022? Get a free tax checklist for Sole proprietor (US) For a small business owner, taxes can be a confusing and difficult thing to navigate. With the introduction of Tax Cuts and Jobs Act of 2017, it becomes even more complicated for sole proprietors. […]
Small business owners have to balance many different aspects of their company. One of the most important things on the list is staying in compliance with tax laws. Tax deductions can be a great way to reduce your tax liability, but you have to know what you are doing. Step 1: Understand the types of […]
Bookkeeping can be messy, time-consuming, and confusing. Accounting is hard work that takes up most of your day. If you’re someone who’s not really great with numbers, you become overwhelmed with bookkeeping tasks and know that it’s too expensive to hire an accountant for every single task. You can’t afford to lose your precious books. […]
Financial reporting services can be in charge of managing payroll, contracts or calculating and filing taxes. They enable Human Resources teams to gain quality and efficiency in these processes. The teams are also able to focus on other business matters that require their attention. When choosing a payroll service provider, it is essential to consider […]
The CFO’s roles in business finance directly impact the control and economic health of small and medium enterprises (SMEs). The CFO is the key figure who connects administration, accounting, and treasury with the business objectives and strategic plans. Having a CFO can be expensive for an organization. Therefore, some smart companies prefer to hire an […]
The existing competitiveness in the labor market implies having all the organization’s aspects under control. Financial reporting is one of the essential tools for a company. It improves decision-making and helps the company address management errors and find new business opportunities. Companies either have internal accounting experts or rely on external sources for tax preparation […]
Large corporations have in-house accountants to keep their account books straight. This isn’t a luxury many small businesses can afford. That’s because it takes serious resources to maintain an in-house department. You got to set up a proper office, put up the furniture, hire competent people to work up the books. Most small businesses simply […]
Once you enter the markets, you got to work with a strategy. You can’t just pop up a business and hope for the best. That’s probably not going to land you anywhere near success. If you want to soar high, you got to work with a strategy. Here’s a little help for the SMEs that […]