Small businesses are vital to the American economy. Despite how vital they are, it is not always easy for small businesses when it comes to tax compliance. According to IRS research, tax compliance burden increase with the size of business, however, it is far easier for large corporations to handle …Read More
How do you make financial decisions in your business? Do you make them based on your own knowledge and awareness of the business, or do you review your financial records to make an informed decision on where the business is right now? One of the biggest business killers in today’s fast-paced marke…Read More
Your small business is thriving and revenue is coming in. Amongst all the growth, there are questions about your future. You find yourself worrying about future business plans, tax compliance, and planning short term and long term business strategies. Are you pricing your services correctly? Do you …Read More
Times are good, so start working now to make sure your small business is recession-proof. The 2008 Recession was a difficult time to be a small business owner. In fact, The Great Recession led to the collapse of many small businesses. That was just 10 years ago, and the economy is strong today. Howe…Read More
As your business grows, it is essential to have a sound small business bookkeeping system. Keeping accurate financial records is crucial for many things such as preparing taxes for assessing the health of your business. A general ledger is one of the first tools a maturing small business needs to es…Read More
You’re a business owner, not an accountant or bookkeeper — and if you are, then you still have to juggle other business obligations while handling line items every single day. It’s not an ideal situation to do everything in your business, but it’s one that many growing businesses expect of t…Read More
As a business owner or Chief Financial Officer, you’re looking for cost-effective strategies to lower overhead and increase revenue. It’s a quarterly battle to trim the business expenses while also growing its profits. Many businesses are transitioning to outsourced accounting services as a …Read More
As a business owner in Phoenix, you’ve grown your company from one person to many. You’re the sole decision maker. The captain of the ship. But how long will you remain the bottleneck to every decision? How long can you sustain having a hand in every single process operation? At some point, you …Read More
While running a small business, every penny counts. Your small business may have the ability to minimize taxes which could be the difference between profitability and just scraping by. Tax season for small businesses can often be quite confusing and many small business owners miss out on small busi…Read More
