Four New Year’s Accounting Resolutions to Set in 2023

Many people set personal New Year’s resolutions every January, but business owners can also consider setting resolutions and goals for their company. What better area to focus on than the health of your finances? Here are a few accounting resolutions you could make to improve your business outlook in 2023.  

Frank Dowie | | Accounting 2 Minutes to read

7-Step Checklist for Year-End Accounting

The end of the year is a stressful time for small business owners, not only because of the holiday season, but also due to year-end accounting. Whether you have a finance and accounting team, outsource bookkeeping to an online bookkeeping service, or take care of it yourself, there’s a lot to prepare

| | Accounting 3 Minutes to read

How Much Does a Bookkeeper Cost?

As a small business owner, you likely have a long to-do list and may not have the time or expertise to manage your own bookkeeping. Before you look for help with your books, you may be wondering – how much does a bookkeeper cost?  In this article, we’ll outline the costs of a bookkeeper, how their services compare to an accountant, as well as the costs you can expect from in-house, freelance, and online bookkeeping services. 

Frank Dowie | | Accounting 4 minutes to read

Reading your Statement of Cash Flows

Understanding how cash is entering and exiting your accounts is paramount to keeping your business financially healthy. This article will walk you through the specifics of one of the most important financial statements: the Statement of Cash Flows.

Frank Dowie | | Accounting 4 minutes to read

The Top 3 Small Business Financial Statements You Need

If you are like most small business owners, accounting likely is not the reason you got into business, but understanding your key financial statements can significantly impact the long-term success of your business. In this guide, you will learn about the top three financial statements that every small business owner can use to efficiently operate their business.

Frank Dowie | | Accounting 7 minutes to read

Small Business Accounting Preparation Before a Possible Recession

Small and medium businesses make up the vast majority of the U.S. economy – 99.9% of all businesses – so it’s understandable why many small owners are worried about the impact of a possible recession. In this article, we’ll walk through what a recession is and how your small business can prepare to ensure your accounting and finances can weather a storm should it arrive.

Frank Dowie | | Accounting 7 minutes to read

4 Crucial Metrics Behind Making Better Business Decisions

Business owners are busy and don’t have endless time to spend analyzing their financial data. Despite this fact, it is absolutely worth investing time to understand how your business is performing and quickly spot any issues.

Alex Detweiler | | Accounting 7 minutes to read

Important 2021 Tax Due Dates and Quarterly Filing Deadlines

Tax season is underway and navigating this stressful time is never easy – especially for business owners. You’re pulling together your financial information, making calculations, and filling out form after form, all while continuing to run your business as usual.

Alex Detweiler | | Accounting 6 minutes to read

3 Important Tax Implications of PPP

Even if your Paycheck Protection Program (PPP) loan has been partially or fully forgiven, small business owners need to be aware of the tax implications of PPP to make the best decisions for their businesses

Harold Lichtenstein | | Accounting 4 Minutes to read

5 Hidden Costs of Doing Your Own Small Business Bookkeeping

If you’re like many small business owners, doing your own bookkeeping may be a source of pride – especially if you've done it from the start. Or, perhaps you see it as a cost-saving activity to maintain your earnings.

Alex Detweiler | | Accounting 5 minutes to read

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