2017

  • 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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  • 3 Tips For Getting Your Small Business Finances In Order

    When you run a small business, with very few employees, it can be easy to mix up your personal finances with your business finances. However, it is important to keep your business finances and your personal finances separate. Here are a few tips for getting your books in order before the end of the year: #1 Set Up Separate Bank Accounts If you are still mixing up your personal and business expenses and income, you need to set up separate bank accounts for your business and for your personal life.
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  • How Part-Time Workers Affect The ACA Health Insurance Requirement For Employers

    Employers that have a few dozen workers may be near the threshold at which health insurance must be provided to employees. The Affordable Care Act (ACA) generally requires employers with 50 or more full-time employees to offer health insurance. For purposes of the ACA, however, the number of part-time and seasonal workers affects the tabulation of full-time workers. Each part-time worker is counted as a partial share of a full-time employee.
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  • Not Using An Accountant For Your Small Business?3 Reasons You Need To Hire One

    If you own a small business, but you haven't hired an accountant, you could be setting yourself up for some serious problems. First, you've got too much on your plate to try taking care of the financial records. Second, if you're handling your own finances, that means you're also handling your own taxes, which can be detrimental. Here are three reasons why you need have an accountant for your business.
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  • Why Are There Three Different Versions Of Form 1095 For Healthcare Insurance?

    Several aspects of the Affordable Care Act interact with federal income tax regulations. The penalty for not having health insurance is assessed on individual tax returns. As part of the implementation of the ACA, healthcare providers issue certain IRS forms to insured individuals. Although the three main forms issued to tax filers have similar-sounding names, the forms serve very different purposes. Tax filers are sometimes initially confused to learn that there are three IRS forms in the Form 1095 series.
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  • The Effects Of Poor Financial Data Bookkeeping And How Accountants Can Help

    Owning and operating your own business is an ideal situation for many people. It is the chance for them to be their own bosses and make their own success. However, a lot of people that start their own businesses fail miserably at one very important aspect: financial data bookkeeping. Here are just some of the effects of poor financial data bookkeeping, and how accountants can help. Your Business is Heading for Bankruptcy
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  • How To Protect Your Business From A Tax Audit

    As a business owner, you might find yourself constantly stressing about taxes. Along with worrying about how much you have to pay, you might also be worried about things like being audited. These are certainly legitimate concerns, and tax audits can happen to any business owner. However, following these tips can help: Do Your Research For one thing, as a business owner, it is important to do your research about your tax responsibilities as a business owner.
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  • Small Business Owners: Don't Let These Employee Payroll Mistakes Cost You Money

    Many small businesses don't start out with any employees: it's just the proprietors handling everything themselves. When you reach a point where you have to hire employees, this is a good sign; your business has grown to where you need and can support help. However, this also means that you have to handle a payroll, and payroll mistakes can end up costing you a lot of money if you aren't careful.
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