3 Tips For Getting Your Accounting Together This Year As A Small Business Owner

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If you are a new small business owner and struggled with keeping your expenses and accountings straight last year, here are three tips for getting things together and on a better track this year. #1 Have A Separate Payment Method For Business Expenses The first thing that you need to do is make sure that you have a payment method for business expenses that is separate from your payment method for personal expenses.…

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Own A Small Business? Why You Need A Third Party Accountant

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If you’re the owner of a small business, you’re likely looking for ways to conserve profits so you can grow your company.  While this way of thinking works as it pertains to things such as getting a good price on tools and supplies, it may not be the right approach to tackling administrative responsibilities.  You need to have the right people in place so that you can put your sole focus on increasing productivity.…

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Sales Tax: Common Mistakes By Small Business Owners

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One of the major accounting functions a small business owner has to fulfill is turning in their sales tax. Though there are some states in America that don’t have any sales tax, the majority either have sales tax or a similar general excise tax. A failure to report sales tax correctly could lead to substantial fines and penalties. Taxing the Wrong Items Some states tax products and other states tax both products and services.…

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