6 June 2016
As the owner of your own small business, you may have been able to successfully manage your own money thanks to software programs, such as Quickbooks, even with a lack of financial experience. However, there may come a time when this lack of experience hurts you, such as when your business really starts to grow. When this happens, it may be time to turn to an expert in accounting. Here are five signs that you should consider reaching out to a professional:
29 July 2015
Running a construction business can be a great way to earn a living, but it also requires good accounting skills. If you are having trouble with the bookkeeping and management of the money you earn, it might be time to hire a business consultant that specializes in accounting. Here are three ways this could help you improve the way your bookkeeping is handled. 1. Learn Your Accounting Program If your company has not yet started using a computerized accounting program, an accounting consultant will help you set one up.
17 July 2015
Planning to start a new start-up business? Make things easier on yourself by paying attention to these four vital accounting tips to help grow your business and avoid problems. Open a Bank Account One of the big early mistakes many entrepreneurs make is to mix personal and business expenses. Doing so makes it harder to track the company's real financial progress, reap tax benefits and prepare documents for loans or potential investors.
4 June 2015
Many people dread tax season. This may be for a variety of reasons, they might be worried that they will have to pay in taxes, they might have not kept their records organized, or they are just dreading the amount of work it will take to file their taxes. However, tax season is not something to dread and if you know what you are doing, you can hopefully come out on top.
9 April 2015
Being self-employed can be great for a variety of reasons. However, it can also be very hard on your taxes. If you are not careful you can get hit pretty hard on your taxes, which is why it is important to do a couple things that can help you to pay less on your taxes and keep more money in your pocket.Here are a couple suggestions: 1. Pay Your Health Care Out Of The Company
7 April 2015
You obviously can't run your company all on your own, so you probably have a team of staff members who help run your business on a day-to-day basis. If you have managers and other higher-ups, you have probably carefully chosen people who you thought you could trust and depend on to do a good job. Therefore, it can be heartbreaking to find that one of your managers could be stealing from your company.
6 April 2015
Doing taxes as a self-employed person is a little more involved than doing taxes if you are employed by someone else. If you are self-employed for the first time this year, then here are 2 ways to be prepared and organized for tax time. Accounting Program or Spreadsheet First, one of the best things you can do is keep an ongoing record of all of your income and expenses throughout the year.