Cash vs Accrual Accounting: What Every Small Business Needs to Know
Jul 7, 2022 / By Janet Behm / No Comment
What is the best method for a small business owner to manage the finances of their company?
Jul 7, 2022 / By Janet Behm / No Comment
Most businesses and individuals have, at some point, looked for professional help when filing their tax returns. Usually, the decision boils down to using a CPA or hiring an EA to prepare and file tax returns.
Online, in person, and even in some businesses, you’ll often hear the terms “accountant” and “CPA” (or “certified public accountant) used interchangeably.
For many small business owners, tax consequences can mean the difference between having a profitable or unprofitable year. The last thing you want as a business owner is to pay more of your hard-earned income to Uncle Sam than is absolutely necessary. If you want to reduce your tax burden this year, the following tax saving strategies will help you do just that.
To run a successful business, you must regularly monitor the financial performance of your company.
