Accountants Help Small Business Owners

Posted on: 4 January 2017

As the year starts, you need to make sure that your business is ready for the new year from a financial perspective. Here are three things that you can do to make sure that you are ready for the new year. #1 Bring Everything Up To Date If your books are not up-to-date, it is vitally important that you bring them up to date. Gather all of the reports, receipts, and information that you need to put into your books, and set aside a couple of days during the first few weeks of the year to bring your books to order. [Read More]

Posted on: 22 November 2016

The key to any successful small business is being in charge of and aware of your finances. So if you run a small business, you may want to consider hiring an accounting service to help out your business. Here are four specific ways that an accountant can help your small business stay on top of and in control of your finances. #1 Tracking Employee Time sheets & Payroll Paying for employees can eat up a big portion of your cash flow as a small business. [Read More]

Posted on: 18 October 2016

Each year, some tax filers have the misfortune of incurring a large amount of medical expenses. If insurance does not cover the full amount, the individual is left with unreimbursed medical costs. Unreimbursed medical expenses are not only potentially deductible as an itemized deduction but they may also be used to reduce the penalty on an early withdrawal from a retirement account. Early withdrawals from a retirement account are sometimes caused by the need to pay out-of-pocket medical costs, but that relationship is not required in order to claim a dual benefit. [Read More]

Posted on: 13 September 2016

Being a business owner is sure to be a demanding job. There are numerous things that must get done on a daily basis, and you will want to do all you can to make a profit. It's best to assign other tasks to professionals that know how to get the job done, and one way to do this is by relying on an accountant. This person can of extreme help to you in a plethora of ways, and knowing what tasks this person can do may be the motivation you need to get started. [Read More]