Steven Day

  • 4 Simple Ways To Stay On Top Of Your Finances As A Small Business Owner

    As a small business owner, you can't just rely on your bank account statements to provide you with information. You need to use an accounting program to keep track of every purchase, deposit, and invoice that you send out. Keeping accurate track of all of this information will help your business thrive and will help you when it comes to tax time. Track Every Expense First, you need to keep track of every expense that you pay.
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  • How Financial Planners Help You Set Up A Budget

    Many people now understand the importance of having a budget. However, coming up with a budget is much more difficult than most people realize. In fact, even people who already have budgets may still be in rough financial shape. It's not enough to have a budget -- your budget has to be the best one possible. This makes it possible for you to meet your financial targets in a more efficient manner.
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  • You Studied Anatomical Charts, Not Balance Sheets: How A CPA Simplifies The Business Side Of Your Private Practice

    Between dealing with insurance companies, pharmaceutical benefit managers, physician's groups and the business side of running a private practice, it can often feel like you don't have enough time for your patients. By hiring the services of a certified public accountant, you can offload some of the responsibility and headache of running a private practice onto someone trained in navigating the complex tax code. They can even save you money by lowering your practice's annual tax bill.
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  • 4 Tips For Managing Your Money More Effectively As A Small Business Owner

    In order to be a successful small business owner,  you need to know how to manage your money effectively. You need to be able to keep track of your invoices, use the right tools to keep track of your money, and keep a cash reserve on hand for emergencies. Use the Right Tools To start with, you need to make sure that you use the right tools to keep track of your money.
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  • How To Maximize The Dollars You Spend On A CPA

    Certified Public Accountants (CPAs) can perform a valuable service of helping you save or maximize your money. Although they do charge a fee for consulting, the amount you can stretch your money will more than make up for it, especially if you follow these tips for maximizing your relationship with a CPA.  Ask Plenty of Questions When you are managing your finances, the benefit of having a CPA who knows you well is that they can give you a quick answer to questions about your taxes or any other financial issue.
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  • Forms Of Payment You Should Take If You Open A CBD Oil Shop

    CBD, or cannabidiol, is a hemp by-product and extraction of the hemp plant. Closely related to the marijuana plant, and sometimes extracted from the male (versus female) marijuana plant, it is used in recipes as well as a medicine for multiple ailments. If you want to sell CBD oil, you will need the ways and means to accept various forms of payment. Here are some that would work best for your new business.
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  • 3 Ways To Get Organized For Tax Season As A Small Business Owner

    Even though taxes are not officially due until April 15th most years and you generally can't file taxes until the end of January, that doesn't mean you can't get to work organizing for tax season at the start of the year. Get Your Receipts Together As a business owner, one of the most important pieces of paper that you need to get together are your business receipts. Your business receipts are what allows you to take full advantage of all of the deductions that are available to you as a small business owner.
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  • 4 Ways An Accountant Can Help A Small Business

    Small businesses often run with minimal staff and a close eye on the bottom line. If you're a small business owner, you may think that you can take care of your company's bookkeeping and financials on your own, but doing so is often a mistake. Investing in the services of an accountant who is experienced with working with small businesses is almost always money well spent. Some of the ways that an accountant can help your small business include:
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  • Did Your Home Business Suddenly Take Off? 3 Ways Hiring An Accountant Helps Your Company Continue To Grow

    Owning a business is a dream come true for many people who have always thrived on the freedom of entrepreneurship. However, the sudden success of your business may leave you confused about how to best manage your finances when you have always been more of the creative type. The good news is that there are people who specialize in helping small businesses continue to ride the wave of success, and hiring an accountant can give you these benefits for making sure that your company's finances are in order:
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  • 3 Ways To Reduce Your 2017 Tax Bill Now

    If you are worried that you 2017 tax bill is going to be a little larger than you can handle, you can take steps right now to reduce your 2017 tax bill. You need to prioritize your 401(k) contributions, IRA contributions, and tax payments; here's how: #1 Get Your 401(k) Contributions In The first thing you need to do is get your 401(k) contributions in or your 403(b) or 457(b) contributions, depending on the type of retirement plan your workplace has set-up.
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