financial statements
Important Financial Statements for Small Business Bookkeeping – Infographic

Many small business owners are intimidated with their bookkeeping aspects and usually prefer to neglect it or try to hide from it. But what happens next? You lose sight over your financial performance leading your business towards insolvency. Don’t forget, running a small business is challenging as it evolves with a high [...]

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accounting outsourcing
Does your Business Need Outsourced Accounting? – Infographic

Many small businesses, startups, and entrepreneurs find it difficult to hire someone with the right skills and prepare the company’s financial statement, manage bank account operations, analyze financial data, and prepare outgoing invoices. Nowadays, finding the right employee at affordable prices has become more challenging. Even though it is commonly [...]

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Accounting and Bookkeeping Services
8 Bookkeeping Challenges Faced by Small Businesses Today

How has operating your small business been like for you? During the initial phase, you start small, look for steady ground, and then grow your business further. The initial stage also referred to as the development phase, comes with a lot of lessons to learn from. This is the time [...]

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outsource tax preparation
What Happens When a Taxpayer Does Not File Taxes?

A lot of people state they perform best under pressure and decide to waste time on crucial tasks such as tax return preparation. There are also those who basically fail to remember to file by the due date – or perhaps intentionally refrain from doing it. Everybody tends to make [...]

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tax preparation tips
6 Pertinent Tips for Making Tax Preparation Simpler

The 2016 has come to an end. There will be various businessmen or professionals who have faced problems while filing their tax returns this year. This is the time to understand what works and what creates confusion while preparing the tax returns. Planning well in advance will help in avoiding the [...]

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Year End Financial obligations for a small business
Year End Financial Obligations for a Small Business

In normal circumstances the end of the year is associated with having a good time with family and friends and celebrating New Year eve and Christmas. For the people in the accounting and finance industry, this is the time for ensuring that the financial books are in order and all [...]

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Steps for Getting Best accounting outsourcing services
Steps for Getting Best Accounting Outsourcing Services

Every business entrepreneur is looking for new innovative ideas to reduce the operational costs and enhance the profitability of their organization. One of the cost cutting measures which have gained popularity in recent times is using accounting outsourcing services. A few years ago, business organizations would have hesitated in delegating [...]

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