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Has the coronavirus led you to start a business or become your own boss this year? If you are a small-business owner and use part of your...

Sales tax is a tax paid to a governing body (state or local) on the sale of certain goods or services. The sales tax is generally...

“Audit-proofing” your return means documenting deductions so that you can prove them if you’re audited. Today’s historically low audit...

Tax deadline to file and pay federal income taxes deadline is now behind us. However, some taxpayers still facing certain problems after...

You would like to be paid on time? You need to send out invoices on time. Especially, people who work in the Construction Industry. As a...

Accounting and financial management is a challenging task in all industries. TABLE OF CONTENT Cash Basic Job Costing Percentage of...

On the last article, we talked about the definition of Account Receivable and its importance to business. Subsequently, Accounts...

Most businesses sell to their customer on credit . That implies, they sell and deliver goods or services quickly, send an invoice, then...

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

At the end of every month, it is time for you to reconcile your trust bank account. This lets you confirm that your transaction records...

An attorney client trust account, also known as an escrow account. These trust accounting rules are designed to maintain the integrity of...

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...