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Finding Success In Your Accounts Receivables Department

accounts receivables, overdue payments

Your accounts receivables department is one of the most difficult departments to manage on a daily basis. Many owners will find it easy in the beginning, especially when they’re only handling a few clients or orders at once, but that won’t last forever.  Hopefully, that client list will continue to grow and you will soon…

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What’s More Important To Your Business: Cash Flow or Profits?

cash flow, profits

What’s More Important To Your Business: Cash Flow or Profits? Owning and operating a business comes with a wide range of challenges and difficulties. Every owner will have two main goals to pay close attention to — making sure there’s enough cash flow to keep your business running and turning over profits for sustained success. …

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How to Manage Employees’ Payroll Properly

employee payroll

Without an effective payroll processing system or the proper payroll software, your business will struggle to keep things rolling on a daily basis. Your employees are the backbone of everything your company offers, but they will only do their part if they get paid for it.  The good news is there’s a lot you can…

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What Happens If You Pay Your Taxes Late?

tax payment, tax season

Being the owner of a company is far different than being an employee of one. While many of us will start out as an employee somewhere, we all have the dream of one day creating something we get to call our own.  For anyone taking action on that dream, they’ll need to be prepared for…

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Having Difficulty Managing Travel Expenses for Your Small Business?

Any small business owner knows the year-round struggle of managing travel expenses, whether you’re a one-man crew or a team of many. Without an effective strategy to combat this, you can find yourself eating major losses and suffering from some heavy headaches come tax season. We understand how difficult this can be, especially for small…

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What Are the Most Common Accounting Issues Small Businesses Face?

Most small business owners love what they do, but that generally won’t include being an accountant. It’s a tedious job that comes with an enormous amount of rules, regulations, gray areas, organization, and knowledge in the accounting industry.  While many owners will try to take on this task by themselves, it almost always becomes too…

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How Can I Easily Separate Personal and Business Expenses

When it comes to owning a business, no matter how small or large, tax season will be one of the least exciting times of the year. In fact, it’s something that happens year-round and must be taken seriously throughout that entire time. With the right assistance along the way, however, your next tax season can…

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Tax Audit Red Flags for Small Businesses

tax audit

If you own a business, the last thing you want to wake up to is the IRS bugging you with a tax audit. The good news is these tax audits are extremely easy to prevent with the right processes and procedures being taken on a daily basis.  When trying to avoid the IRS, there are…

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Are You Taking Advantage of Tax Deductions for Small Business?

While tax season is a stressful time for most small businesses, a certified public accountant can help you make the most out of this season. Believe it or not, many owners won’t take advantage of some key tax deductions for small businesses. Of course, this will only mean a higher tax payment to start the…

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Tax Preparation Checklist for Small Business Owners

Tax preparation is either your favorite thing or your worst nightmare. You either do them as soon as you can or dread it until the last minute. If you’re one of those people that struggles during this time of year, your small business might benefit from some help.  What better way to help you stay…

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