Bookkeeping and Tax Preparation

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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Do You Have A Business Plan?

A business plan is your company’s calling card to the world, potential investors, and even future employees. The time spent developing your business plan is valuable and helps you see your business through the eyes of an investor. The business plan is your sales, marketing, and communication tool, which will help you identify your daily

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The Celebration of American Women Business Day

September 22nd marked the American Women Business Day as a day, which celebrated the achievements of women in business. As a woman-owned business, BASC Expertise understands that any women can achieve success in business with the proper education, on-the-job training, and relevant skills. In many areas of the job market, female entrepreneurs are a force

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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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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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What Does It Cost To Start A New Business?

You may have the entrepreneurial drive but do you have the start-up cash needed to get your new business from idea to reality? The accountants at BASC Expertise offer this information on how to make an informed decision on what your start-up costs could potentially be. Naturally, these will vary depending on whether you’re working

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Five Tips To Find An Accountant

Finding someone to take care of your finances – whether business or personal or both – isn’t a task to be taken lightly. You don’t want to run your finger down the Yellow Pages or pick the first accountant you find in a Google search. When looking for an Arizona accountant, the first place to begin your search should be with a trusted friend or business colleague.

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22 (possible) Tax Deductions for Entrepreneurs

In light of the new economy of an increased number of small businesses, we thought we would take a moment to discuss possible tax deductions. This is by no means a comprehensive list nor does it apply to every business. Please consult BASC Expertise or your trusted tax professional before deciding if these are right

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