Protecting Your Business From Scams

Fraudulent activity is on the rise Approximately 1 in 18 Americans have their identities stolen each year. Among the many identity theft scams is an emerging hoax in which cybercriminals obtain remote control of computer systems to hack into sensitive employee...

Deducting Auto Expenses

If you use your automobile for business, you may be entitled to tax deductions. Unless your car is used exclusively for business, you cannot claim a 100% business deduction. Deducting auto expenses requires diligent recordkeeping. There are two methods available for...

Paying Your Taxes in Cash

Paying Your Taxes in Cash IRS offers new cash payment plan The IRS announced a new payment option for individual taxpayers who need to pay their taxes with cash. In partnership with ACI Worldwide’s OfficialPayments.com and the PayNearMe Company, individuals can now...

Is Bookkeeping Really Important?

Regardless of the size of your business, bookkeeping is something you need to stay on top of. Even if you’re self-employed, it’s necessary to keep track of the financial side of things. It’s the best way to ensure that your business grows and remains...

Establishing Complete Bookkeeping System

All Small Businesses Needs a Complete Bookkeeping System? In order to have a clear understanding of their profits, business owners need a detailed record of income and expenses. Bookkeeping is the process of collecting and recording financial data, such as sales or...

Top 7 Bookkeeping Mistakes

Everyone makes mistakes, no matter how diligent they are. It’s all part of being human. According to the Small Business Administration, over 50 percent of small businesses fail within the first five years of opening their doors. The two main reasons for this are...

Online Bookkeeping Solutions

If you run a small business and bookkeeping isn’t your thing, there is no reason to panic… even if you can’t afford an accountant. There are many software solutions capable of doing the job for you. Some options even have free trial periods. Taking...

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