Taxes can be very complicated, and many small business owners struggle to understand how their tax liability is determined. Business owners struggle to understand the corporate income tax rate, which deductions they are eligible for, and what terms like pass-through rate even mean. In addition to in…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
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
