A Short Guide to Profit and Loss Management for Small Businesses

Is there any business in the world that didn’t face the loss? The answer is simple: none. There are several factors that affect the profit and loss of any business. But it is upon the businesses to take care of… Read More »

When any small business picks up a certain pace, it starts experiencing a greater flow of financial information. During this time, business owners need to give attention to the given financial data. If a business works with any professional bookkeeping… Read More »

In this blog series, we are discussing different tax penalties that any small business can be subjected to particularly if it is not working with an experienced tax preparation firm. In the last blog, we have talked about late filing,… Read More »

The tax world can turn out to be quite cruel for all small businesses if they are dealing with their returns without the help of any tax preparation firm. More than 100 civil penalties are a part of the internal… Read More »

A Short Guide to Form 1120S The IRS issues form 1120 for corporations so they can file federal income tax returns. They have further categorized into C and S forms for C-corporations and S-corporations respectively. Since most of the small… Read More »

For a small business owner, it is imperative to know business consultants with the right expertise. The most favorite ones are usually outsourced for non-core functions and payroll processing is one of them. If you are looking for managed payroll… Read More »

This is an ultimate question that prompts up at the time of business hurdles or failure. Several businesses fail to develop and implement the integral bookkeeping process. If they had done it sooner, it’d have saved them from lots of… Read More »