tax payroll bookkeeping

Businesses Can Make New Year’s Resolutions Too

Small business resolutions can provide a useful opportunity to review what is working, identify areas that need improvement, and set practical goals...

Understanding a Profit and Loss Statement is Essential to Keep Track of Net Income

A profit and loss statement is one of several documents businesses produce to demonstrate the financial health of a company. Typically created...

Beware of These Fraudulent Payroll Schemes

According to recent information published by the Association of Certified Fraud Examiners (ACFE), payroll fraud occurs in approximately 30 percent of American...

Why a Cash Flow Statement is Important to Your Business Success

The goal of any business should be to have more cash coming in the door than going out. Cash is used to...

Ensure Compliance with Tax Laws by Using Same Guides as IRS Auditors

Auditors with the Internal Revenue Service (IRS) use publications called audit technique guides (ATG) to help prepare them to conduct a tax...

Seven Steps You Should Consider to Help Your Small Business Grow

Every business owner wants their small business grow and become more profitable, but sustainable growth requires more than increasing sales. A clear...

Revolving Business Credit Is Important For Your Business

Revolving business credit can give a business the flexibility it needs to manage everyday expenses, handle unexpected costs, and maintain steady cash...

Make Sure You Understand TCJA Rules Before Deducting Business Meals

In October 2018, the Internal Revenue Service (IRS) released information Contrary to popular belief, Lorem Ipsum is not simply random text. It...