Yearly Archives

  • Tax tips for small businesses

    it is often found that many small businesses end up overpaying taxes. This can be because they are ignorant about many deductions. Tax deductions are legal and allowed by tax laws. You do not break any laws as per the IRS when you claim deductions. Here are some tax tips for every small business owner: […]

  • Bookkeeping

    Choosing the right accountant: Some advice from small business owners

    Keeping your finances in order is absolutely crucial for the health of a business say many small business owners. Often small businesses either have a skeletal in-house workforce to take care of bookkeeping and financial tasks or outsource their bookkeeping and accounting needs. Either way, it is important that the accountant is chosen after much […]

  • Balancing accounting

    The basics of a Balance Sheet

    A balance sheet is an important financial statement. It gives a bird’s eye view of the financial situation of a company at a given point in time, which is usually the end of an accounting period. It comprises of Assets, Liabilities and owners’ equity. At any given point in time, assets must equal liabilities and […]

  • MP900382657

    Basics of financial projections and forecasting

    Financial forecasts help you estimate how your business will perform going forward. It helps you to plan for and achieve your business’s financial goals as well as to set future goals. What are financial forecasts? Financial forecasts, as the term suggests, is a budget for your business. It is a financial plan that gives an […]

  • QuickBooks Ready

    Quick tips for using QuickBooks

    QuickBooks is the accounting software of choice for many small and mid-sized companies when it comes to financial accounting for businesses. It can be used even by those having little accounting experience. These are some quick tips to help use QuickBooks more effectively: Use keyboard shortcuts: There are some nifty keyboard shortcuts that help you […]