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Sep 8, 20203 min read
How to start a small business: How much money does it take?
For an idea to become a workable business project, you need to define where you should start?
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Sep 6, 20203 min read
The four basic accounting financial statements
Financial statements (financial statements) are a form of documents showing quarterly and annual business results of a company.
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Aug 23, 20203 min read
Missing your books a few months? Catch Up Bookkeeping Now!
As a small business owner, it’s understandable that you’re going to miss a few months of bookkeeping. Your books must be missing you....
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Aug 19, 20204 min read
Common risks in Construction Project Accounting
After a cheerful and enthusiastic project planning, many contractors are left wondering what happened to the expected enormous profit and...
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Aug 17, 20202 min read
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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Aug 16, 20203 min read
The Most Common Mistakes in Payroll and How to Fix It
Achieving a high-level performance on payroll is no easy, but one minor mistake can make your job harder than it already is. Business...
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Aug 9, 20203 min read
What does a bookkeeper do?
Being an entrepreneur or business owner in today’s world requires you to be a know-it-all, can do anything kind of person to run your...
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Aug 3, 20202 min read
Keep Smart Records To Audit-Proof Tax Return
“Audit-proofing” your return means documenting deductions so that you can prove them if you’re audited. Today’s historically low audit...
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Aug 2, 20202 min read
When to Submit PPP Forgiveness Application
According to SBA, PPP recipients can early apply for loan forgiveness. The new interim final reflects that a borrower can submit the loan...
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Aug 1, 20202 min read
IRS Tax Tips: How to troubleshoot after-tax-day issues
Tax deadline to file and pay federal income taxes deadline is now behind us. However, some taxpayers still facing certain problems after...
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Jul 28, 20202 min read
The Cash Basic Versus The Accrual Basic
The cash basis and accrual basis of accounting are two different methods used to record accounting transactions. The core underlying...
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Jul 28, 20202 min read
4 changes on 2020 tax deduction
The tax season is here again! This year, the IRS announced 4 recent changes in tax laws that can save you a lot. 1. Individual Income Tax...
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