End of Summer and the Beginning of Tax Season
Summer may be ending, but no matter what time of year it is, you should know how summertime activities can affect your taxes when you file the following year. Let’s …
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Tax Implications of Payroll Bonuses
If you are rewarding your team’s performance with bonuses, it’s important to consider how those bonuses are given and the tax implications for both you and the employee. One-time bonuses …
Construction: 5 Ways to Prepare for an External Audit
Preparing for an external audit can be a daunting task, especially for construction companies that juggle complex projects and intricate financial details. By organizing your financial records, ensuring accurate project …
Master and Minimize Business Expenses Effectively
Managing business expenses is crucial for maintaining profitability and ensuring long-term success. Business Expenses Here’s how you can master and minimize your business expenses efficiently: 1. Categorize Your Expenses Start …
8 Key Management Reports for Law Firms
Numbers may not be your forte, but keeping track of certain numbers is key to the success of any law firm. Here are the management and financial reports you should …
Deciding Between the Cash or Accrual Basis Accounting Method
With cash-basis accounting, you record all transactions when cash changes hands, which means when a cash payment is received from customers or is paid out by your company for purchases …