Category: Accounting

October 13, 2021

Some small businesses and entrepreneurs, including sole proprietors, C-corporations and some LLCs, don’t have long to file their taxes if they received an extension on filing them earlier this year. Originally due on May 17, filers have until October 15, […]

October 4, 2021

LLC stands for Limited Liability Company. Many business owners are drawn to forming an LLC because of that business entity’s most attractive feature: An LLC provides protection for the personal assets of owners and members. Is an LLC the right […]

September 28, 2021

You might have to pay back a portion of your PPP money, even if your business completely qualifies for forgiveness. That’s what could happen if you make a mistake with your PPP forgiveness paperwork. If there was ever a time […]

September 23, 2021

The Small Business Administration’s (SBAs) PPP Loan Forgiveness Portal has accepted one million applications in less than two months. This comes out to over $17 billion of relief money for more than one million of the smallest businesses in the […]

August 26, 2021

August and September…the time when the school year begins for children. But it’s also a time to think about how you can help your employees further their education and training. It’s been reported that retention rates rise 30% to 50% […]

August 18, 2021

When it comes to taxes, we all have to pay the piper. In this case, the piper is Uncle Sam. So, even though you’ve seemingly already paid your fair share, your taxes aren’t going to necessarily be any lower in […]

August 16, 2021

What’s the greatest tragedy of the accounting profession? It’s the fact that most small-business owners and individuals believe their accountant is saving them money on taxes, when in truth the majority of tax preparers never reduce anyone’s tax liability. For […]

August 2, 2021

Small and medium-sized businesses contribute majorly to the growth of an economy. Yet with resources and tight budgets, many businesses continue to struggle with their invoicing operations. Whether it be invoicing through spreadsheets and paper-based methods, or struggling to optimize […]

July 14, 2021

With broadband-industry lobby groups implausibly claiming that Internet providers have slashed their prices, Consumer Reports is on a mission to collect and analyze thousands of monthly Internet bills from real customers. In an announcement today, Consumer Reports said it launched […]

July 13, 2021

Digital receipts, online bank statements and cloud-based document storage are the norm in today’s business world. Some business owners may wonder whether they truly need physical copies of any documents at all these days. However, some important documents should always […]