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To be qualified for deduction, business meal and entertainment expenses must be directly associated with the active conduct of a trade or...

Have you ever wondered why you should find a professional bookkeeper? As US Small Business Administration states, “half of all new small...

We all have bad money habits. It’s the fact of the matter – we are just human. As business owners, unfortunately, we likely learn money...

What is Cash flow statement? Cash flow statement also referred to as Statement of Cash Flows is one of three main financial reports that...

Now, we hope that you have received PPP funds to support the business. It is time to think about what you should do after receiving the...

Although the concept of having negative inventory appears to be ridiculous, it can exist and happen to any business. Yes, you are true...

We all have bad money habits. From living with a “pay now, worry later” mindset to overindulging in business expenses you don’t really...

We often find that Business owners are particularly found their value from the firm of accountants. It is true that preparing statutory...

Small business owners said that bookkeeping was their least favorite task. However, most small business owners understand how important...

As the extended tax filing season is drawing to a close, starting to think about bookkeeping and taxes is too late. It is actually...

We often meet a range of clients at a critical turning point in their growth phase. Due to the elusive million-dollar mark in annual...

Business expenses are the cost of conducting a trade or business. These expenses are usually deductible if the business operates to gain...