5 Accounting Tips for Mom and Pop Businesses to Take Control of their Finances. Managing the finances of any business can be challenging and time-consuming. Still, the stakes for small and medium-sized enterprises (SMEs) like mom-and-pop businesses can be even higher. As a small business owner, you must have an accurate and up-to-date understanding
As a small business owner, it’s crucial to have an effective bookkeeping system in place. Keeping accurate records of your transactions is key to understanding the financial health of your business. But with so many different aspects of bookkeeping to consider, it can be challenging to know where to start. That’s why we’ve compiled this
The taxation process can be daunting for even the most experienced business owner. Tax season can be incredibly daunting if you're a small business owner. That's where we come in! Here are some tips from a tax professional on how to be organized with taxes: Get organized early. Start gathering your documentation and paperwork as
Deadlines for DBAs Looking at operating a business or company under an assumed name? If you want a DBA- ‘doing business as’- name in North Carolina, you should know that the laws have changed. If it has been a few years since you filed for a DBA, it could be time to file again. An
The cost-of-living adjustment for Social Security will increase by 8.7% in 2023, the most in 40 years. Social Security recipients will receive an 8.7% benefits boost in 2023, the most significant increase in 40 years, despite historically high inflation. The Administration announced the change on Thursday. Benefits will rise by an average of more than $140 per
Approximately 158 million people are employed in the US, and approximately 10% (16 million) are employed by US staffing companies. The staffing industry plays an integral role in supporting American productivity, and as the Great Resignation and economic volatility continue to disrupt the workforce, staffing companies will need to fill in the gaps. This presents
THE 10 BUSINESS FINANCING OPTIONS EVERY BUSINESS OWNER SHOULD KNOW By Adam Dost Business owners who understand their financing options can create a more resilient business—one that can survive downturns, pivot when needed, and grow faster. Business financing is a complex topic, and one that many business owners need help navigating. This blog post lays
Just a quick reminder that the March 15 tax deadline is quickly approaching. The deadline applies to flow through entities to file their tax returns. Flow through entities include entities filing Form 1120-S or, partnerships filing tax return Form 1065. Haven't filed yet? Need to file an extension? We can help can help you
Are you a Restaurant Owner or know someone who is? Here is one program you may not know about: https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund The SBA said it would keep the RRF application portal open because it still has potential funding available for eligible establishments with 2019 annual revenue of not more than $50,000. Eligible establishments that meet this
Did you setup an LLC and wonder what next? ? We help setup your LLC. ? Guiding our clients to the next level is what we do best. ? We setup your accounting systems so you can monitor how you are doing. ? We setup a system so that at the end of the year
