Category: Uncategorized

  • Avoiding the IRS’s Tax Scams in 2022

    Avoiding the IRS’s Tax Scams in 2022

    Every year, the IRS publishes a list of the tax scams that taxpayers should avoid. The list informs taxpayers, tax professionals, and financial institutions about new developments in the tax administration world. These tax scams can happen at any time of year, but the IRS notices a spike during filing season. This year’s 12-point list […]

  • Accounting for Small Businesses: What Entrepreneurs Should Know

    Accounting for Small Businesses: What Entrepreneurs Should Know

    The majority of small business owners do not work as accountants. However, they must learn the fundamentals of accounting regardless of whether they have experience in product development, human resources, management, or anything else. The good news is that accounting for small businesses is comparatively easy. Companies with a single state of operation and a […]

  • Tax Refund and its Progress – 2022

    Tax Refund and its Progress – 2022

    If you filed your taxes with the Internal Revenue Service and want to know where your refund stands, you can do so through a dedicated page on the IRS website. Each day, typically around midnight, the IRS updates the status of submitted tax returns.  Due to the fact that April 15 falls on a Friday […]

  • How to Grow your Small Business – 7 keys 

    How to Grow your Small Business – 7 keys 

    As a small business owner, you must never take anything for granted. If you fail to grow, you’ll fall behind. The market is in a constant state of flux, and standing still will not lead to expansion. To expand your small business, you must develop a comprehensive and strategic plan. Developing your business is not […]

  • 6 Ways for Startups to Lower CRM Costs

    6 Ways for Startups to Lower CRM Costs

    Unexpected difficulties can arise when a business is first starting out. One of them will launch a CRM programme on possibly a very tight budget. Don’t worry if you don’t have much money to spend here. There are several practical options available to you.  Here are the top 6 CRM tactics for startups to adopt […]

  • Filing Tax Extension in 2022

    Filing Tax Extension in 2022

    With tax season now in full swing, numerous taxpayers have begun the arduous process of filing taxes. A few weeks remain until the tax filing deadline, but you have options by filing for an extension. It is possible to file tax extensions to obtain additional time to file taxes. Both state and federal tax extensions […]

  • Why is it important for your business to hire an accountant?

    Why is it important for your business to hire an accountant?

    Your physician is the foremost authority on your health and wellbeing. You rely on your mechanic to maintain the quality of your vehicle. But to whom should small business owners turn when they require strategic or operational business advice? Their bookkeepers. If you’ve built a small business from the ground up, you likely have intimate […]

  • Understanding Basic Accounting for a Partnership

    Understanding Basic Accounting for a Partnership

    Accounting for a partnership business follows similar fundamentals to accounting for a sole proprietorship. However, when crunching the numbers, there are a few significant differences that are important to be aware of. A partnership is different from a sole proprietor because it is made up of various sole proprietors. A partnership between multiple sole proprietors […]

  • When Is It Time for Your Small Business to Outsource Accounting?

    When Is It Time for Your Small Business to Outsource Accounting?

    As the owner of a small business, you are accustomed to wearing multiple hats. It takes a great deal of effort and resources to keep your firm operating efficiently. Accounting for a small firm is a large undertaking for a single individual. Consider the complexity of tax filing, payroll processing, and day-to-day accounts receivable, and […]

  • How to create a Journal Entry in QuickBooks

    How to create a Journal Entry in QuickBooks

    To create a Journal Entry in the QuickBooks Desktop: Select “Company” from the toolbar. Select “Create Journal Entries”. Fill out the entries to generate your journal entry. Select Save and new or Save and close. To create a Journal Entry in the QuickBooks Online: Choose the key “+ New”. Pick the option of “Journal Entry” […]