Blog

Home/Blog/
25 05, 2017

Why am I paying so much in taxes? Five Reasons an LLC May Not Be Right for Your Business, Especially as a Startup

By | 2017-05-25T17:11:24+00:00 May 25th, 2017|Blog, Starting a new business|Comments Off on Why am I paying so much in taxes? Five Reasons an LLC May Not Be Right for Your Business, Especially as a Startup

Have you ever wondered why your business is paying so much in taxes? Choosing the wrong business structure can cost you at tax time, and a tax adviser can help you make the right decision for your company. In particular, some business owners structure their business as a LLC, or limited liability company, and that [...]

24 05, 2017

Why Do Small Businesses Fail, and How Can I Prevent This?

By | 2017-05-24T14:08:25+00:00 May 24th, 2017|Blog, new business owner, Starting a new business, Tax|Comments Off on Why Do Small Businesses Fail, and How Can I Prevent This?

Many people dream of starting a small business. This is a dream that can become a reality, or—as happens to about 33% of prospective business owners, according to the Small Business Administration – it can result in dismal failure within two years. There’s no magic-bullet solution to ensure a successful business, but if you don’t [...]

18 05, 2017

QuickBooks Online Accounting, Why do I need it? You Can Use the QB Marketplace

By | 2017-05-18T14:02:16+00:00 May 18th, 2017|Accounting, Blog, QuickBooks|Comments Off on QuickBooks Online Accounting, Why do I need it? You Can Use the QB Marketplace

  If you've ever wondered why you need QuickBooks Online Accounting, you should check out the advantages of the QB Marketplace. The advantages to using QuickBooks online are many, including mobile functionality, which could let you be able to do such things as capture receipts on a smartphone, an affordable price, being able to share [...]

11 05, 2017

Ten things that new businesses should know about taxes

By | 2017-05-11T14:21:58+00:00 May 11th, 2017|Blog, Business Advice|Comments Off on Ten things that new businesses should know about taxes

If you have started a new business, you will need to know more than just ten things about taxes. A CPA or tax advisor can keep you and your business on track and educate you about what you need to do to report income and file your taxes properly. If you start with these ten [...]

4 05, 2017

Keeping Track of Your Business Expenses

By | 2017-05-04T15:30:00+00:00 May 4th, 2017|Blog, Business Advice|Comments Off on Keeping Track of Your Business Expenses

Regardless of if you're a new business owner or have a lot of experience, keeping track of all the company's expenses is very important. Aside from having bills to pay, you'll also have to make several important payments during tax time. While it's not something anyone looks forward to, paying for business expenses has to [...]

27 04, 2017

Why Am I Paying so Much in Taxes? A Tax Professional Can Help You Avoid Common Mistakes

By | 2017-04-27T15:02:06+00:00 April 27th, 2017|Blog, Financial, Tax|1 Comment

If you've ever wondered why your small business pays so much in taxes, maybe it's because you need to hire a tax professional to help you avoid common mistakes. There are a number of mistakes businesses routinely make that cost them big money when paying taxes, such as not choosing the right entity type for [...]

20 04, 2017

Do You Really Need To Pay So Much in Taxes?

By | 2017-04-20T15:00:24+00:00 April 20th, 2017|Blog, Tax|Comments Off on Do You Really Need To Pay So Much in Taxes?

Tax season is coming to a close in the next few weeks or so. While many people have already completed their returns, there are others who are waiting until the last minute to get things done. Either they don't feel like filling out their taxes, or they're way too busy to get things done. Either [...]

19 04, 2017

Are You Memorizing Transactions? Should You Be?

By | 2017-04-19T14:21:56+00:00 April 19th, 2017|Blog, Monthly GAB, new business owner, QuickBooks|Comments Off on Are You Memorizing Transactions? Should You Be?

You know that QuickBooks saves a lot of time. But have you explored how it does so by memorizing transactions? Your accounting work involves a lot of repetition. You send invoices. Pay bills. Create purchase orders. Generate payroll checks and submit payroll taxes. Some of the time, you only fill out those transaction forms once. [...]

19 04, 2017

Tax Implications of Crowdfunding

By | 2017-04-19T13:30:28+00:00 April 19th, 2017|Blog, Monthly GAB, Tax, The Tax GAB|Comments Off on Tax Implications of Crowdfunding

Raising money through Internet crowdfunding sites prompts questions about the taxability of the money raised. A number of sites host money-raising projects for fees ranging from 5 to 9%, including GoFundMe, Kickstarter, and Indiegogo. Each site specifies its own charges, limitations, and withdrawal processes. Whether the money raised is taxable depends upon the purpose of [...]

13 04, 2017

What’s The Difference Between Independent Contractors and Employees?

By | 2017-04-13T15:44:49+00:00 April 13th, 2017|Blog, Tax|Comments Off on What’s The Difference Between Independent Contractors and Employees?

As your business grows over time you will probably want to expand and hire people for different roles. Luckily there are many options available for companies who need to find talented workers. As an employer, there are two main types of workers: employees and independent contractors. What's the difference you ask? For a new business, [...]