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How Summer Vacations Can Affect Invoicing, And How to Prepare

The goal during the holiday season is to never have reason to panic. You have access at all times to your invoices and other accounting details. There is never a time where you feel at a loss because you can’t reach someone vital, and there is no set agreement on how to handle it. Create clear standards from the outset, and your holiday season will have far fewer bumps.

May 6, 2020
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Five Accounting Mistakes that Can Hurt Your Business

Small business owners—especially those just starting out—have a habit of ignoring detailed accounting, in many cases running the finances of the business in much the same way that they manage their personal checkbook.

September 26, 2019
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Important Differences Between Profit and Profitability

When running a small business, you come across a lot of jargon being tossed around. You may hear words like “profit” and “profitability” and mistake them to mean the same thing.

March 26, 2020
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Should You Write Off Your Bad Business Debt to End The Year?

As great as it would be if all customers were honest customers and paid what they owe every time, every once in awhile, you’re bound to run into a bad egg or two. Writing off bad business debts may require changing your business accounting up quite a bit, but in the end, you will likely find it highly useful for balancing income and loss.

May 20, 2020
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How Technology is Transforming Payroll

Gone are the days in which a team of trained professionals was needed to mercilessly hammer payroll data into spreadsheet after spreadsheet, making mistake after mistake late into the proverbial night, or at least they should be.

June 15, 2021
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Business Executives Optimistic About Hiring Plans

Last Friday’s U.S. Department of Labor report on August employment showed that current hiring trends are still relatively weak.

September 10, 2013
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What Is A Schedule C Form? An SMB Guide

Tax season is upon us! It’s the time of year us mere mortals are tasked with decoding the alphabet soup that is IRS tax forms. There is the potential that things can sound even more confusing once you are no longer filing just a standard tax form.

April 7, 2020
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The Importance of Having an Operating Agreement

When re-investing, it is wise to find the best tools to get the job done correctly. In order to alleviate some tax liability, implementing cost segregation has the potential to vastly minimize taxes due.

October 1, 2020
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Keys to Creating Financial Projections for Startups

Creating a successful start-up involves completely understanding your financial landscape. In order to do so it is important to be able to create forecasts and projections for your startup.

January 20, 2021
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Key Risks to Consider Before an Internal Audit

The focus of Internal Audits (IA) is to diagnose the needs for compliance, risk management, and governance as it pertains to a companies purpose. IA has shifted from a team designed to provide assurance to a strategy group meant to meet the ever-changing landscape of business and technology.

April 1, 2020
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