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15 Reasons Why Bookkeeping Can Increase Revenue for Small Businesses

Bookkeeping is an essential aspect of small business management, and for more reasons than one. It helps business owners increase revenue, manage their finances, optimize their business strategy, and more. Despite all of the benefits it offers, many businesses don’t maintain optimal bookkeeping practices. This leads to poor financial management, decreased profits, and poor decision-making.

What You Need to Know About Classifying Your Employees

Are you sure you’re correctly classifying your employees? Understanding tax laws that impact your business is a critical aspect of small business management. Included in this is understanding the difference between employees and independent contractors. Misclassifying your employees can have serious ramifications, so be sure to read on to learn what you need to know

How Payroll Impacts Your Employee’s Trust

Effective small business management requires your employees to trust you, and an essential aspect of maintaining employee trust and morale is proper payroll management. One of the quickest ways to lose your employees’ trust is to mismanage their money, resulting in a late paycheck, missed wages, or other issues. In return for losing this trust,

How to Make the Most of Small Business Tax Deductions in 2020

Managing finances is a critical function of small business management, and with the arrival of tax season, now is the perfect time for small business managers to review potential tax deductions for 2020. By making deductions, you can reduce your taxable small business profit — meaning, you’ll owe less in business taxes. This can help

How to Tell if Your Business Needs a New Accountant in 2020

One major aspect of successful small business management is overseeing your company’s accounting and bookkeeping practices. Of course, you can’t do it all yourself. That’s where CPAs come in. Accountants can take a lot off your plate and should be able to help you navigate the financial challenges that come with running your business. However,

Final Paycheck Compliance in California

One important aspect of successful payroll management is understanding and complying with the final paycheck compliance laws. Violating these regulations can lead to penalties and fines. As final paycheck compliance laws vary on a state-by-state basis, it’s essential to be familiar with the rules of your state. The differences in state laws can be complicated,