Posts

Payroll mistakes in your business can happen faster than you think. These mistakes often are costly and time-consuming to fix too. Payroll services are not created equal. For most small businesses, payroll services come down to features, support, and flexibility. You should assess any payroll provider by these capabilities.  Payroll process times Tax protections Customer…

Taxes have been around for decades and aren’t going away any time soon. President Lincoln created the Internal Revenue Service and introduced the first income tax in 1862 to pay for the very costly North’s civil war expenses. When there is war, there are taxes to finance it. Taxes are part of our everyday life.…

Relationships are the foundation of successful businesses. This is especially true for businesses that work with customers in service-based businesses. As you know, this can take a lot of time and patience. Here are some tips to help you to build better strategic relationships. Establish Credibility: Aligning with reputable companies gives prospects confidence in your reliability and…

Most small business owners use QuickBooks today either online or the desktop version. Do you ever get the nagging feeling that you are doing something wrong in Quickbooks? Listen to that nagging feeling, unless you are an accountant you just might be doing something wrong. The bad news is those errors in QuickBooks will come…

A self-employed small business owner or potential small businesses owner, making sure you pay the correct amount of state and federal income taxes, benefits and payroll taxes on your own can and often is complicated. If you are entering the world of self-employment for the first time, you may not be aware of how much…

Unpaid invoices and delayed payments can cripple a small business. This can put an unnecessary strain on cash flow that can be prevent and help you get paid faster. Late payments can make it difficult for a small business owner to cover operating costs, inventory needs and even payroll for employees. These are common challenges…

Have you thought about offering your employees health insurance? Do you have more than 20 employees? If you have fewer than 50 employees you may not be required to offer health insurance, but you can gain a competitive edge over your competition if you do offer it. Am I required to offer health insurance? If…

Are you thinking about starting an online store this year? If so, there is one thing to remember, “you have to provide stellar service”  for your customers. Good Bookkeeping habits in your store and in Quickbooks will help you to provide that stellar service. It may seem like common sense, but many businesses have a…

When you sit down with your accountant to talk about year-end tax planning, many of you will say, “ I plan to accelerate or do better with deductions for 2019.” You should take caution to understand the IRS rules when it comes to adding deductions to your bottom line for the fiscal year. You may…

December is a great time to take stock in your bookkeeping in preparation for the upcoming new year. This time of year is super busy with Thanksgiving and Christmas. November and December as short months but that shouldn’t prevent you from being prepared for the new year. Here are some tips to help you streamline……

The end of the year is almost here, and it is normally super busy with year-end tasks to be accomplished. Final sales push, project deadlines and gathering of bookkeeping materials for your taxes can be overwhelming. Here are some tips to help you plan a smooth year-end for 2018. 1 Additional Payroll This Year Did…

Following the Treasury Department and the IRS release of the 2019 W4 form it said that the withholding rules  in effect for 2018 will remain in effect for 2019. In September they announced that the 2019 version of the form W-4 (Employee’s Withholding Allowance Certificate, will be similar to the 2019 version. The initially issued a draft…