Types of Tax-Deductible Meals and Entertainment
To be qualified for deduction, business meal and entertainment expenses must be directly associated with the active conduct of a trade or...
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Jun 23, 20202 min read
Why is bookkeeping essential for business?
Have you ever wondered why you should find a professional bookkeeper? As US Small Business Administration states, “half of all new small...
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Jun 14, 20203 min read
HOW TO PREVENT YOUR PERSONAL MONEY HABITS FROM AFFECTING YOUR BUSINESS
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...
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Jun 10, 20203 min read
Statement of Cash Flows - Definition and Detailed Explaination
What is Cash flow statement? Cash flow statement also referred to as Statement of Cash Flows is one of three main financial reports that...
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Jun 7, 20205 min read
Paycheck Protection Program (PPP Funds) – Which way to record properly in QuickBooks Software
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...
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May 20, 20203 min read
What Cause Negative Inventory - How Can It Affect The Business?
Although the concept of having negative inventory appears to be ridiculous, it can exist and happen to any business. Yes, you are true...
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Feb 12, 20202 min read
How to prevent your personal money habits from affecting your business?
We all have bad money habits. From living with a “pay now, worry later” mindset to overindulging in business expenses you don’t really...
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Jan 29, 20202 min read
How do you choose the right accountant for your business?
We often find that Business owners are particularly found their value from the firm of accountants. It is true that preparing statutory...
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Nov 21, 20192 min read
4 Ways to Get Your Team Excited About Accounting
Small business owners said that bookkeeping was their least favorite task. However, most small business owners understand how important...
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Dec 10, 20173 min read
Year-end Bookkeeping Checklist
As the extended tax filing season is drawing to a close, starting to think about bookkeeping and taxes is too late. It is actually...
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Dec 9, 20172 min read
Why Small Business Should Outsource Bookkeeping Service?
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...
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Nov 10, 20173 min read
Deducting Business Expenses
Business expenses are the cost of conducting a trade or business. These expenses are usually deductible if the business operates to gain...
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