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Gift Giving In The Workplace: Hints and Tips

The holidays are fast approaching and as an employer you may be wondering, “What is an appropriate gift for my employee?”  “How much should I spend?”  “Do I spend more on my personal assistant than I do for the line worker?” or “Are the gifts tax deductible?” To make the gift-giving season less stressful, here […]

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Tips For Juggling Work And Family: Finding Balance

In light of October having been named National Work & Family Month, we wanted to offer tips we have found to help juggle the demands of running a business and enjoying time outside of the office with your family and friends. Entrepreneurs know they need to work hard and be focused to be successful, but

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The Importance Of Financial Planning For Entrepreneurs

Entrepreneurs understand that financial planning for their business is a crucial component for success. Not only does proper financial planning offer the business owner a roadmap toward a successful venture, it also sets the standard by which the finances are handled within the company. Working with an accountant to implement cash flow standards provides the

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Protect Yourself From IRS Fines: Independent Contractor Versus Employee Differentiations

It is estimated that there are more than eight million individuals claiming the independent contractor status for tax filing and of those, close to 90% are not paying the correct amount of taxes according to the IRS.

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What Financial Records Should You Keep And For How Long?

With the week of September 17 having been designated as “National Love Your Files Week” we wanted to pass along information on which files/records to love and keep and for how long. As accountants we understand the need to not only properly keep and store records, but the need to get rid of paperwork that

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Five Money Mistakes You can Avoid

When it comes to household budgeting, it’s sometimes easy to know where to cut corners; you can buy larger boxes of cereal or snacks and separate it into smaller single serving sizes and the cost per ounce will be less expensive than buying pre-packaged single servings or check out store brand products over name brands,

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Grow Your Business with These Marketing Tips

While there are marketing ideas that will work for most businesses, there is no one-size-fits-all approach to promoting your business. It may be a trial and error process to find where your marketing time and dollars are best spent. Make certain though, that for every marketing plan you undertake that you track the results.

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Seven Small Business Accounting Mistakes and How To Avoid Them

If you’re a small business owner, your plate is full with managing the day-to-day operations. You have to remember though, that if you’re a business owner your motivating factor – at the end of the day – is to have a balance sheet that isn’t in the red, right? While it’s true that to be successful you need to focus on your core competencies, you also need to keep an eye on the bottom line. For many entrepreneurs, it’s simply easier to contract out their bookkeeping and accounting to a qualified professional.

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Small Business Accounting Basics

When it comes to accounting and bookkeeping, for many people it appears a complicated, daunting task. The bottom line though, is that accounting is the way in which you track income and expenses so that you know whether your business is making or losing money. While there are no “one size fits all” method of

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