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How to Measure the Best KPIs For Your Small Business

Jul 27, 2021 11:59:59 AM / by CSI Accounting Staff posted in small business accounting

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When you run a small business, there are tons of numbers involved. A lot of owners are focused on the basics like sales and expenses, and they trust their accountant to handle their statements. While an annual tax accountant can give you a reflection of your last year, you might not have a deeper understanding of what each line on your financial statements means.

Here are the KPIs (key performance indicators) you should be tracking year-round for your small business.

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The Top Pros and Cons of Different Small Business Accounting Solutions

Jul 20, 2021 4:26:51 PM / by CSI Accounting Staff posted in small business bookkeeping, small business accounting

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When selecting the best accounting solution for your business, are you considering all three categories of small business accounting? In this blog post, we will discuss hiring an in-house accountant, working with an annual tax accountant once a year, and outsourcing a monthly accounting service.

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Which Accounting & Payroll Solutions Are Best For HVAC Businesses?

Jul 12, 2021 1:38:00 PM / by CSI Accounting Staff posted in small business payroll, small business accounting, construction companies

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As the owner of an HVAC business, you know the importance of maintaining an accurate inventory and professional staff to satisfy your customers' heating, ventilation, and air conditioning needs. This is something that's critical year-round, so when do you find the time to settle down and handle your accounting and payroll? Have you ever considered outsourcing them to save you time and help you avoid costly mistakes?

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Best Accounting & Payroll Methods for Mental Health Practices

Jul 9, 2021 1:42:54 PM / by CSI Accounting Staff posted in small business payroll, small business accounting, healthcare services

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When you own a mental health practice, your main goal is to help your patients have a brighter future. After focusing on treating the different things that cause them discomfort or distress, you don't want to slow down enough to put in the extra hours that accounting and payroll require. Have you ever considered outsourcing them to save you time and help you avoid costly mistakes?

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Do Small Businesses Need an HR Professional?

Jul 7, 2021 10:13:47 AM / by CSI Accounting Staff posted in small business operations

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Small business owners understand the challenges of staying up-to-date with HR requirements, as well as handling any accidents or resolving personal issues that might come forward. It's important to have a resource to handle these situations, but how can that be done on a tight budget?

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How Summer Accounting Slips Hurt Small Businesses During Tax Season

Jun 29, 2021 12:25:13 PM / by CSI Accounting Staff posted in small business bookkeeping, small business accounting

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It's summer! For a lot of people, that means time taken away from work for fun in the sun. Unless you're putting in the extra hours to make up for that, some things can fall behind. A common slip for small businesses is their accounting. Is it possible to catch up in time for tax season?

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Top 12 Red Flags for Income Tax Audits by the Government

Jun 22, 2021 1:00:00 PM / by Brian Paulson posted in small business taxes, small business accounting

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Have you been subjected to a tax return audit before, or are you curious about what leads to an audit? Here are the top 12 red flags that might lead the government to examine your tax return. Please note: these are in no particular order. The more obvious each point stands out on your return, the more likely you are to be audited.

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Tax Form 941 is Due Soon - Is Yours Done Yet?

Jun 15, 2021 1:25:47 PM / by CSI Accounting Staff posted in small business taxes, small business payroll

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As a small business owner, you probably found this article because you're looking for more information to prepare your own 941s.

If not, you might be one of many owners who not only (sometimes incorrectly) assume that their accountant is going to handle it, but they also don't really know what Form 941 is.

Regardless of which situation better describes you, this article will explain both in detail.

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The Top 8 Benefits of Managed Payroll Services

Jun 9, 2021 3:40:08 PM / by CSI Accounting Staff posted in small business payroll

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Is it worth it to outsource payroll? Clearly, doing it yourself can have some major downsides. Here are the top 8 benefits of managed payroll services, with an extra emphasis on the differences between local providers and national providers.

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7 Things That Can Increase Your Payroll Fees

Jun 2, 2021 2:45:09 PM / by CSI Accounting Staff posted in small business payroll

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As an employer, you know that payroll is much more complex than most people think it is. Aside from the basic adjustments, such as taxes and garnishments, do you know how your company's unique situation can influence your payroll prices?

You might be surprised to hear that the big-name payroll companies don't always offer better deals. Here are some things that payroll companies use to determine your payroll fees.

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