All Accounts Bookkeeping
Bookkeeping Essentials for Amazon Sellers
Amazon sellers need to keep track of their inventory, sales, and expenses. Bookkeeping is essential for Amazon sellers to know how much money they are making and what they are spending on. Bookkeeping is a tedious task that may take up a lot of time. It can be difficult to keep track of all the […]
Guide to Filing Taxes Late
This is the only way to file your taxes correctly, and you can’t know your numbers without updating your finances. Bookkeeping can be time consuming and hard to find the focus for as an entrepreneur. It’s easy to let it slide and forget duties like filing taxes by their due date. If you’re behind on […]
1099 Tax Filing Checklist 2022
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, […]
What are drawings in accounting?
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 […]
US Inflation at 40 year high-As Americans ramped up spending
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 […]
The scarcity of investors has led to a decrease in Bitcoin among major cryptocurrencies
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 […]
2022 Small Business Tax Checklist For S Corporations
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.
2022 Small Business Tax Checklist For C Corporations
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.
2022 Small Business Tax Checklist For Partnerships
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.
2022 Small Business Tax Checklist For Sole Proprietors
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. […]
How to Maximize Your Small Business Tax Deductions in 2022
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 For Small Business Accounting Hidden Secrets
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. […]
5 tips for choosing the optimal payroll service provider
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 […]
Importance of the CFO (Chief Financial Officer) for your company
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 […]
What advantages do financial reports bring to companies?
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 […]