Bookkeeping News & Tips

How To Keep Your Small Business Finances In Order

Most people don’t envision the hours of accounting work necessary to run their small business. It is usually an afterthought when starting a business, but ends up consuming a good chunk of your time. You can prevent getting bogged down with tedious accounting procedures by first, staying organized. Here are some tips to help you tackle accounting head on. [More]

Freelancer or Freeloader?

During this time of year, a lot of business owners take the time to revamp parts of their businesses. In some cases this may require hiring someone to help with updating marketing materials, or drafting content for your webpage. When you are looking for someone to fulfill those roles you have the option of hiring an employee—temporary or permanent— or contracting a freelancer. Your choice could save you money during tax time. [More]

Affordable Care Act- Employer Mandate Delayed Until 2015

On July 2, 2013, the White House announced a delay in the employer mandate under the Affordable Care Act, which requires employers to provide health insurance coverage to their employees or pay a penalty until 2015.The Obama Administration said it was postponing the provision after hearing significant concerns from employers about the challenges of implementing it. [More]

Small Business Lending in the U.S. Decreased in 2012

Understanding how small businesses are financed is important, since small firms are major contributors to the economy. Even five years after the financial crisis and economic downturn, overall lending conditions have improved for businesses, but improvement has been slower for small firms.This information derived from research by the Small Business Administration’s Office of Advocacy. [More]

6 Summer Tips To Set Your Small Business Up for Profit and Growth This Fall

As a small business owner summer may seem like the perfect time to relax. Most people are off on vacation enjoying the weather and it would only seem apropos that you do the same. However, the summer may be the best time to make changes in your business and get prepared for when business resumes as normal. Here are 6 tips to set your business up for profit and growth this fall. [More]