It’s possible to balance your budget. Although this prospect gets even harder when you run a business, you can do it without fear of breaking the bank. With a solid financial foundation in place, you can ensure that your startup… Read More
Blog
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2 Ways You Can Avoid Penalties from the IRS
Tax Day 2022 returns its original April 15th deadline. While that seems like it’s ages away, it’s a good idea to stay on top of your finances. Falling behind on tax payments (or even worse – outright dodging the taxes… Read More
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What in the World is the Withholding Tax?
The only thing that is as certain as paying taxes is how complex they are. There’s no way around it: taxes are confusing. That’s the way they’ve been for centuries (when collectors took wheat or rice instead of coins or… Read More
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3 Good Reasons to Switch to Cloud Accounting
The accounting industry is always changing. Advances in technology change the landscape, which is true for many facets of modern life. Even if you own a relatively small business, you can afford to utilize cloud accounting. This approach will, hopefully,… Read More
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How to Make Sense of Complicated Balance Sheets
There are no two ways about it: it can be hard to decipher a balance sheet. It tracks your incomes and outlays. In other words, it shows you what assets you have and who their owners are. You must keep… Read More
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Receipts and Paperwork: Getting Your “House” in Order
Running a small business is much different than being responsible for a larger company. Piles and piles of paperwork can quickly add up, which means your important papers and incoming mail could be getting lost in the shuffle. How do… Read More
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Some More Steps to Follow For Getting Your Startup Business Up and Running
Today’s business world looks far different than it did twenty years ago. Although Google and Yahoo were already thriving, Amazon, Apple, and Facebook hadn’t yet reached the impressive heights they would later on in the decade. Every business needs to… Read More
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Steps for Initiating Your Startup Business
Starting your own business is a daunting task. Entrepreneurs will need the proper planning and strategizing to get any business off the ground successfully. There are a few key steps that any new business owner will need to tackle before… Read More
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Your Guide to Decoding Complex Cryptocurrency and Crypto Tax Concerns
There’s little doubt that cryptocurrency represents one wave of the future. Bitcoin and Blockchain have changed the way we see traditional paper-based money and metallic coinage. Savvy investors are getting in “on the bottom floor,” as the saying goes. Virtual… Read More
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Further Advice for Dissolving an S-Corporation
Last time, we began discussing how to terminate your S-Corporation. Such dissolution is no easy task. There are many steps involved, and if you do something wrong, you could pay for it. Even if the state authorities don’t notice right… Read More