Funding Your Business

If you’re looking to start a new venture, it can be difficult to find the funding you need. Unfortunately, most business ventures will require a little more capital than what may be sitting in your piggy bank at home. Here a few options that can help alleviate the...

Organizing Your Financial Docs

Financial documents can be a hassle to keep track of and organize. If this is a problem for you, here are some suggestions. Find a good space for your documents. Wherever you regularly find bills and receipts piling up is often one of the best places to set up a home...

Your 401(k) in 2015

Making contributions to a traditional employer-sponsored defined contribution plan, like a 401(k), 403(b) or 457 plan can be a smart financial move with multiple benefits. For example: Your contributions are pretax, which lowers your modified adjusted gross income...

Paper or Plastic…BOTH!

In the age of instant payments and transfers, it would almost seem a given that every organization needs to be able to take credit and debit card transactions. Cash is increasingly used less and less as a payment medium and setting your business up to accept plastic...

How Long Do I Need to Keep Records?

One of the most frequent questions for CPA’s regarding taxes is in regards to records. So many people have old documents and records from years ago that they’re scared to destroy. Before we can answer how long you need to keep records, it might be helpful to...

What is Bookkeeping?

One of the common difficulties in accounting is reconciling the various misconceptions people have about bookkeeping. Bookkeeping means many different things to different people Some people use bookkeeping and accounting as synonymous terms. They assume that keeping a...

What is a Nonprofit?

If you’re thinking of starting an organization, you may be wondering if the organization would qualify as a nonprofit. This is especially true if the organization you’re wishing to start has a charitable or philanthropic mission. So what exactly is a nonprofit...

Proper Bookkeeping

The key motivation behind small business bookkeeping is to answer the inquiry, “Am I profiting?” so as to get your answer, you have to track your business bookkeeping data. What is your business bookkeeping data? It’s the credits and charges for your...

Bookkeeping Errors

As the business extends, so do the bookkeeping procedures. Your accounting frameworks and budgetary procedures may need to advance as you include more items, administrations and representatives. Frequently entrepreneurs don’t have bookkeeping on their radar when...

Prepare for Tax Season Early

This is an absolutely necessary tax tip, particularly for folks who have kids who aren’t going to class amid the mid year. Childcare can get to be lavish, and you don’t need assessment season to move around without setting up your receipts first. 2. Give...