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You’re in business for yourself, running your own show and being your own boss. You’re also following all the regulations required of a...

After starting three small businesses, I’ve learned firsthand the headaches that accounting causes for most small business owners. It’s...

Trying to run a business without good financial statements is like trying to call football plays without knowing the information on the...

Many business owners believe that just because there is a line item on the tax return for meals and entertainment deductions that just...

Whether it’s a 50-person firm or one with a workforce of 5,000, companies rely on chief financial officers for critical duties and...

Taxes are a necessary evil - the price we pay for roads, bridges, schools and law enforcement. Audits, on the other hand, feel just plain...

Some small-business owners view bookkeeping as a burdensome task that takes them away from running their business. It makes others...

Every year the IRS comes out with the Dirty Dozen List of Tax Scams. Oftentimes you see the same issue from one year to the next. For...

If you paid way too much in taxes this year, I have a simple solution for you – reduce your taxable income, and you will reduce your...

When a marriage or civil partnership breaks down, the last thing on your mind is the effect that the break-up might have on your...

As one of the more common bookkeeping questions we hear, the difference between Operating Expenses (OE) and Cost of Goods Sold (COGS) is...

The two important parts of the financial statement are the Balance Sheet and Profit & Loss account. Without the preparation of these two...