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- The Most Common Accounting Mistakes Small Business Owners Make and How to Avoid Them
- Most small business owners are an expert in their field, but not necessarily in the accounting aspects of building a business. And, with this comes a few common mistakes. Yet, even simple small business accounting mistakes can prove to be financially limiting and costly down the road. With the help of an accounting professional, it is possible to overcome at least some of these mistakes. Take a look at some of the most common mistakes and how to avoid them.
- Thinking of Starting a New Business?
- Here are some questions and tasks you should consider when first starting out on your new business endeavor.
- 5 QuickBooks Online Reports You Should Run Regularly
- There are numerous QuickBooks Online reports that you should be consulting at regular intervals. But you need these five at least every week.
- Did you just get a letter from the IRS in your mailbox?
- Chances are that you're not being audited, but you may be asked to pay overdue or underpaid taxes or other nasty surprises. Watch to learn more.
- Taxpayers Find Gift Tax Reporting Confusing
- Gift taxes were created to prevent wealthy taxpayers from transferring their estates to their beneficiaries via gifts and thus avoid estate taxes when they pass away. But that does not mean only wealthy taxpayers need to be concerned with the gift tax provisions as, under many circumstances, even lower-income taxpayers may find they are liable for filing a gift tax return.
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