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What do rising gas prices mean for your budget?

As a personal and small business accounting services business, we look at a lot of numbers! It should be no surprise that we’re watching the gas prices and budget numbers for ourselves and our valued clients. AAA Arizona is reporting the average Tempe, AZ gas price on March 5, 2012 as $3.886 per gallon as […]

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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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5 Things I have learned from BASC Expertise

Editor Note: Thank you to our guest blogger Anne McAuley, McAuley Freelance Writing. As a new small business owner I was overwhelmed at the many hats I was wearing. I emailed Deirdre at BASC Expertise, “I have a pile of receipts, an account with QuickBooks online and not time. Help!” Within minutes I had a

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What is the difference between an Independent Contractor and an Employee?

As a business owner it is important to understand how employees are classified. Whether classified as an employee or contractor, you have responsibilities to the IRS and state. At times the line between the two can seem blurry but not to the IRS which is why we recommend consulting with BASC Expertise. The last thing we want is for you to end up owing money or other penalties.

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10 Bookkeeping Tips for Small Business Owners

Running a small business can be time and attention consuming. We often feel like we aren’t focused on our core business functions and are instead working long hours on tasks we might be able to outsource. Entrepreneur Magazine offered Five Bookkeeping Tips for Business Owners with which we agree and add a few of our

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Understanding the Impact of Economic Changes

In today’s uncertain economic times it is important to understand the impact of life events as they relate to business, jobs, debt and taxes. The IRS provides a near overwhelming amount of information on a variety of topics

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Tips to Organizing a Home Office: The Space, Desk & Environment

Whether you are a business owner who works from home or a remote employee, we understand the challenge of creating productive home office environment. Oftentimes we are tending to business and organizing the office is last on our list.

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