Chandler Accounting Firm Awarded Kudzu Best of 2012 Contest Winner Popular local review site recognizes Chandler firm for excellence in small business accounting services. CHANDLER, AZ (July 25, 2013) BASC Expertise, a small business accounting firm, is pleased to announce
Under the Affordable Care Act of 2010, employers with 50 or more employees were required to provide health insurance to their workers or pay a penalty. This provision was set to kick in on January 1, 2014. However, earlier this
Continuing our discussion of what to include in your startup budget, here are three other areas to consider: Equipment & Inventory: Now that you have secured your location, you will need to acquire the equipment and inventory needed to operate
When starting a new business, it is important to be organized and ready to hit the ground running from day one. A big part of being ready to open for business is having a budget in place for the startup
When a new business decides to incorporate, there are some things to decide early in the process. One of the issues companies need to consider is whether or not to file their entity as an S Corporation as opposed to
Business owners have many options when it comes to structuring their entity and whether or not they pay themselves a salary or just draw from the company profits. Deciding the best option from a tax liability standpoint can often be
Continuing our discussion on DIY vs. using an outside payroll company, here is a look at what is involved with outsourcing your employee payments to a professional payroll processor: Considering a Payroll Processing Service: Payroll service professionals devote all of
For organizations to operate effectively, they must be able to pay their employees on time while remaining in compliance with all tax laws and regulations. This means processing paychecks and direct deposits correctly and in a timely manner. Payroll is
In part I of this series, we looked at two differences in accounting for non-profit businesses. Here is a look at two more: Accounting Statement for a Non-Profit Organization: The Non-Profit Organizations being a different type of entity necessitates a
Accounting for non-profits (also known as “fund accounting”) can require a greater level of detail than a for-profit company. Most accounting concepts that apply to for-profit also apply to non-profits. GAAP (Generally Accepted Accounting Principles) is followed and is the
