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Accounting

Employee Related Deductable Expenses that you can claim on your taxes

Tax season is coming up, which means that as a small business owner, you’ll want to find as many things that you can write off as possible. Even items that only save you a few dollars here and there are important. These deductions add up – and can help you save a decent chunk of money, which is especially important for smaller businesses that are still trying to get off the ground.  Read more...

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Do you have employees? Documents to keep on file when hiring

If you are planning on hiring employees for your small business, then you need to make sure that you keep personnel files. Not only does this allow you to keep track of employee information by keeping all of your information organized, but it also ensures that you remain compliant with federal law, which requires employers to maintain certain employee documents and information.  Read more...

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Need a new Corporation? Differences between LLC / Corp / S-Corp

If you’re starting a new business, then you’ll need to figure out what type of business entity your company will be. You’ll need to do this in order to protect yourself financially as well as to protect the company. There are three main options to choose from when deciding what type of business you want your organization to be – an LLC (Limited Liability Company), a Corporation or an S-Corp. It’s generally a good idea to speak to a professional attorney or accountant about your specific needs to determine which option is best for you.  Read more...

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10 Little known deductions small businesses can take

As a small business owner, every little cent you can save will help – especially if your business is in its first or second year and you’re still trying to get it off the ground. One way that you can save some money is by taking certain deductions on your small business taxes.  Read more...

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EzCheckPrinting Software Offers Quickbooks 2017 Customers A Better Value With No Monthly Fees

posted by donaldhood on Feb 27, 2017
tags: Business Software Accounting Printing

1888PressRelease - Halfpricesoft.com continues to support Quickbooks 2017 customers that are utilizing EzCheckPrinting business software the ability to print on blank check stock without recurring fees. Test drive at www.halfpricesoft.com

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Small Business Accounting Tips

posted by mesacpa on Feb 21, 2017
tags: Accounting-Tips Accounting Tips

On the new business start-up! Now, while you may be busy completing the different tasks of managing your business, there are times when you may want tips for handling difficult matters like accounting. If this is the scenario, then keep on reading as you will know about some easy to follow small business accounting tips!

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Advantages of monthly accounting services

posted by mesacpa on Feb 16, 2017
tags: Accounting Services Accounting

Using the monthly accounting services that are offered by well-known accounting firms has a number of benefits for small businesses. These can help manage finances more efficiently, provide accurate tax assessments and overall peace of mind knowing that experts are working for you.

 

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Why set up a Small Business 401Ks or SEP

Setting up a retirement plan for your small business is a good way to attract potential employees. Not all small businesses offer retirement plans; in fact, it’s estimated that around 55 million employed Americans do not have the option of a retirement plan through their employer. When it comes to employers that do have retirement plans, defined contribution plans, such as 401(k)s are the most popular. However, a 401(k) retirement plan isn’t your only choice. Another option is the SEP IRA (Simplified Employee Pension Plan).  Read more...

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Why is it important to review your cash flow report?

As a small business owner, it’s extremely important that you keep track and review your financial statements, such as your cash flow report, on a regular basis. Your cash flow report can provide you with a lot of helpful information about the general health of your company and your overall financial state.  Read more...

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Why do shareholders of S Corp need to be put on payroll instead of a 1099

In order to understand why shareholders of an S Corporation need to be placed on payroll instead of a 1099, you have to understand what an S Corporation is. Basically, it’s a type of corporation established through an IRS tax election. If your company is eligible, then you can avoid being taxed twice, once to the corporation and once to the shareholders, by choosing to be regarded as an S Corporation.  Read more...

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