Small Business

28 02, 2019

Why Outsource Your Accounting Manager or Controller?

By |2019-04-08T14:17:16+00:00February 28th, 2019|Accounting Tips, Small Business|Comments Off on Why Outsource Your Accounting Manager or Controller?

More and more businesses are turning to outsourced accounting controllers to manage their company finances. Every company's needs are different, but there are a myriad of reasons to outsource your financials to a remote accounting [...]

15 10, 2018

2018 Tax Depreciation Changes

By |2018-10-15T14:17:20+00:00October 15th, 2018|Corporate Tax, Small Business, Tax and Auditing|Comments Off on 2018 Tax Depreciation Changes

Even before the new tax Act was passed in late 2017, depreciation in the Federal Tax Code had undergone a number of changes. Before the turn of the century, after making an improvement to a [...]

28 09, 2018

Moving Expenses & Other Benefits Under the 2018 Federal Tax Code

By |2018-10-01T15:15:16+00:00September 28th, 2018|Corporate Tax, Small Business, Tax and Auditing|Comments Off on Moving Expenses & Other Benefits Under the 2018 Federal Tax Code

The Tax Cuts and Jobs Act included a number of changes to the previous tax code, particularly in relation to employee benefits. Beginning January 1, 2018, several changes in the taxability and deductibility of employee [...]

15 03, 2018

Deductibility of Entertainment Expenses Under Tax Reform

By |2018-03-15T21:50:41+00:00March 15th, 2018|Corporate Tax, Small Business, Tax and Auditing|Comments Off on Deductibility of Entertainment Expenses Under Tax Reform

Deductibility of Entertainment Expenses Under Tax Reform The new Tax Reform Act enacted under President Donald Trump makes significant changes to the rules and limitations to the deductibility of entertainment and meal expenses for businesses. [...]

13 12, 2016

What Small Businesses Need to Know About Nexus

By |2016-12-13T19:05:37+00:00December 13th, 2016|Accounting Tips, Small Business|Comments Off on What Small Businesses Need to Know About Nexus

We get all kinds of questions about nexus and thought we would shed some light on exactly what small businesses need to know about nexus. The basics – What is Nexus? When a company has people [...]

17 11, 2016

Stop Bookkeeping and Watch Your Business Grow

By |2017-11-28T23:03:07+00:00November 17th, 2016|Accounting Tips, Grow Your Business, Small Business|Comments Off on Stop Bookkeeping and Watch Your Business Grow

No one is more invested or cares more about a company’s success than its owner. Entrepreneurs understand their company’s intricacies better than any employee ever could, and they often take on every key role in [...]

30 09, 2016

How to Choose an Online Shopping Cart

By |2017-01-21T01:06:10+00:00September 30th, 2016|Small Business, Tax and Auditing|Comments Off on How to Choose an Online Shopping Cart

If you want to sell online you’ll need a shopping cart. So let’s start off by defining what and online shopping cart is and why you need one. Put simply, an online shopping cart is a piece [...]

3 03, 2016

Ordinary and Necessary Expenses

By |2016-08-25T14:44:34+00:00March 3rd, 2016|Corporate Tax, Small Business, Tax and Auditing|Comments Off on Ordinary and Necessary Expenses

I have clients call and ask the same question all of the time: "Is this expense deductible?" And the response is always the same question: "Is the expense ordinary and necessary to running your business?" [...]