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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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Top Ten Online Business Resources

How many times have you said “now where did I see that” to yourself? If you’re like us A LOT! In today’s digital world we are inundated with information and tips. From personal finance to business marketing and social media to local deals, there are many resources. As an acocunting firm we’re always going to

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10 Common Documents to Bring to a Tax Prep Appointment

It’s that time of year again – tax time! Making an appoitnment for tax preparation is just part of what you need to do; the other is bringing what we need to the appointment. Odds are you’ve got receipts stuffed into shoe boxes and envelopes with no organization. To save you time and money during

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7 Reasons to Visit the IRS Website

Whether you’re searching for individual tax related information or a business owner in need of answers, the IRS website (irs.gov) offers a variety of information. If you can believe it, the site is fairly user-friendly with tabs for everything from tax forms to filing guides to identity theft prevention tips. In fact there is so

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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 Finding a Suitable Tax Preparation Professional

When it comes to having your taxes prepared it is best to take your time and look for a tax preparation professional, such as BASC Expertise, who will still be around after April 15 rolls around. Remember you have until April 18, 2011 to file your taxes.

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