The relationship that you have with your bookkeeper is worth working on, if only to ensure that your business can continue to function smoothly. However, there are many more reasons why it pays to try and eliminate any problems that you might be facing with your bookkeeper, and why you should do your best to communicate with them effectively. This isn’t always easy though, and misunderstandings can easily occur. Here… Read More
Debunking The Myths About Outsourced Bookkeeping
There are many myths surrounding the outsourcing of such vital business services as bookkeeping, and here are just a few of the ones that are simply not true: When you outsource, you lose control: Contrary to what many owners of businesses fear to be true, when you outsource your company’s bookkeeping duties, you’re in fact gaining more control as you’re in a better position to assess your goals and overall… Read More
The Advantages Of Online Payroll For Small Businesses
While spending time processing payroll is not exactly time wasted, it is however, time that as a business owner or manager, you could put to more constructive use, such as promoting and marketing your business or interacting with customers. One simple and effective way of ensuring that your employees are paid properly each week or month, yet without having to do it yourself, is to make the switch to an… Read More
Small Business Tax Deductions – Part Two
As discussed in part one of this piece, there is a vast and confusingly diverse array of tax deductions that small businesses may be entitled to, and discovering the ones that you might be able to take advantage of, can be extremely time consuming and confusing. This list of deductions is designed to help you understand which ones you might be entitled to, but of course, you should always check… Read More
Small Business Tax Deductions Part One
There is a mindboggling array of tax deductions that small businesses may be entitled to and whittling down the ones that might apply to you and your business, can be tricky. This list of deductions is designed to help you understand which ones you might be entitled to, but you should always check with a tax professional if you’re unsure: Vehicle expenses: Keeping records of work-related journeys made by your… Read More
Tax reform and how it might affect you
President Trumps shake up of US tax laws is certain to affect you in some way, but the full depth of the reforms, are not yet fully understood – even by tax professionals – and just how the changes will affect individuals, is still unclear. The new laws will be applicable to 2018’s taxes, and as the new bills are passed and become laws, here are a few things that… Read More
