Bookkeeping News & Tips

How Much Does Your Office Actually Cost?

When it comes to business, it’s the small things that count. Streamlining your business can have huge implications in your bottom line. It’s an old saying, but it’s true: “Saving money is making money.” Here are some tips below that will guide you in making your business more efficient. 1. Mak... [More]

Save Your Company Files Regularly

As with any important electronic information, it’s a good idea to periodically back-up your TaxSlayer Books company files to an external media (for example, a flash drive or a CD). This can protect you from data loss in the event of a hard drive crash, computer theft, or other unexpected damage to ... [More]

Is it a Business or a Hobby?

Starting your own business is an exciting endeavor. Even in an economic downturn, individuals and groups must be creative in how they make money. Some of the most successful companies started in adverse circumstances including Burger King, FedEx, Microsoft, and CNN. When it comes to taxes, a busi... [More]

Reconcile your cash accounts on a monthly basis

One of the most important steps that you can take to ensure complete and accurate recording of your financial transactions is to reconcile your cash accounts on a monthly basis. This not only helps in uncovering mistakes you may have made in your recordkeeping, but it can also reveal errors made by... [More]