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When traveling for business, understanding what constitutes allowable business deductions can significantly impact the financial health of your business. The Internal Revenue Service provides guidelines that help distinguish…
Before the pandemic, many workers often fantasized about what it would be like to work from their homes. When the pandemic struck, many of them got to find…
If you have a specific societal problem you would like to address, such as a charitable cause, educational issue, or even helping unwanted dogs and cats find their…
According to the Association of Certified Fraud Examiners, businesses lose 5% of their annual revenue to employee fraud and abuse. Businesses with fewer than 150 employees—are the most vulnerable…
In business, risk is anything that could negatively impact your revenues, reputation, or future operations. When you try a new vendor, you take on risk. Their products or…
Just because there’s a positive balance in your checking account doesn’t mean that your business is making money. Checks that you’ve written for expenses may not have cleared…
As technologies advance and real estate costs increase, more and more companies are moving towards allowing workers to telecommute. With the advantages of having remote employees, comes the…
No business looks forward to the time-consuming process of closing their books at the end of each month. It’s certainly not the fun part of running a business.…
You may have heard about subscription businesses and what owning a subscription business might be like. This article will help clarify what you may or may not have…
Clients (and accountants) are human whether we like it or not. And as we know, humans make mistakes. Identifying and fixing financial mistakes is a large part of…
Now that you’ve closed on your purchase of a business, what are you going to do? Sit back and watch? Closely managing the transition from the former business…