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Dec 10, 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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Dec 7, 20173 min read
Double-Entry Accounting, Debit and Credit - Defined and Explained
While single-entry accounting is quick and easy to use, the standard method for recording transactions is double-entry. Double-entry...
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Nov 29, 20172 min read
Three Main Strategies for Cutting Your Tax
The goal of tax planning is to arrange your financial affairs in order to minimize your taxes. In this blog, we'll explore three...
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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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Nov 1, 20172 min read
QuickBooks Online versus QuickBooks Desktop
Choosing the right accounting software might be a fundamental decision having drastic effects on your company’s accounting processes for...
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Oct 22, 20173 min read
10 Bookkeeping Tips that Can be Used Year Round
Accounting can be tedious for any business, but if your small business doesn’t keep tight books it can make your taxes a nightmare....
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Dec 21, 20162 min read
Employee vs. Independent Contractor
Maybe you've never thought about the difference between being an employee and being an independent contractor (also called a...
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Oct 26, 20166 min read
Account Payable Process
The accounts payable process or function is immensely important since it involves nearly all of a company's payments outside of payroll....
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Oct 26, 20163 min read
Recording Long-Term Debts for Your Business
Most businesses at some point during their operations will take a loan from a bank or personal financier to help purchase equipment,...
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Sep 25, 20162 min read
How to Start Tax Planning
If you want to pay the least amount of income tax each year, then it may be helpful to start doing some tax planning. Don’t worry - you...
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Sep 14, 20162 min read
When Is Business Tax Filing Due?
Business filing deadlines depend on a number of variables including the business structure the company uses. A non-calendar year fiscal...
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Sep 5, 20163 min read
5 Reasons to Reconcile Accounts Monthly
At some point along the lines, you're going to make a mistake. Some mistakes will be larger than others, but for the most part, what's...
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