Taxes are an ever-changing landscape, and with the 2017 Tax Cuts and Jobs Act finally taking effect this year, there’s actually never been a better time to find an accountant that you can trust.
Every year, as business owners enter into the final stretch of tax season, tons of people and small businesses scramble to make sense of their financial statements, figuring out their own deductions, and struggling with some “free” tax prep software. Maybe you have just gone through that this year.
We know nobody really likes tax season. However, the work you do now could be the difference between saving money or spending money in March and April. It helps to have a good accountant, but if you wait until the last minute, a tax accountant can only fill out your tax filings according to what’s already happened.
When you own a small business, it is imperative that you find ways to save money wherever you can. It’s not a matter of want; it’s a matter of need. You take pride in doing your own sales, your own customer service... heck, you might even shovel your own driveway. That’s why it makes perfect sense to do your own payroll, right?
Maybe not. Here’s why it’s a waste of time to sit in front of a blank spreadsheet with your head in your hands.
2018 is almost here, and it’s time to make New Year’s resolutions. In addition to your personal resolutions, it’s a great time to set smart goals for your professional life too.
Looking for inspiration? Here are five of our favorite small business resolutions for 2018.
At minimum, you’re probably closing out your books once a year. This is a necessary part of preparing to file your taxes, and it’s important to make sure that transactions are recorded in the right place at the end of each year.
However, most businesses close out their books every month. If you’re thinking about making the switch, here are three advantages of a monthly routine.
It’s almost Halloween. If you run a small business, there’s nothing spookier than the feeling that you don’t know where your money is going.
Getting your accounting in order is a crucial step to stay profitable and grow your business.
Many small business owners hesitate to reach out to their accountants before tax season, but if your accountant does your books and nothing more, then you aren’t getting your money’s worth.
Reaching out for help prior to a business decision – even a small one – can result in tax savings, cost cutting, or increased profitability. Here are 3 times to reach out to your accountant, or invest in a new one who will help grow your business.
You probably didn’t choose dentistry because you love accounting. However, you know that simply putting in time at your office isn’t enough to keep your practice afloat, much less growing.
So what should you keep in mind when evaluating the financial health of your dental practice? Here are 4 key tips that will help you stay profitable and efficient.
You're either starting a small business and want to set yourself up for success, or you're ready to take existing accounting and payroll responsibilities off of your plate. Either way, should you hire an accountant for your business, take on an annual tax preparer, or outsource your accounting to a monthly service provider?
To help your business increase profits, cash flow, and growth, select an accounting option that is best suited to meet your business needs and help you achieve your goals.