Get Finance-Savvy with 10 Accounting Terms
It’s good to know some basic accounting terms, and here are ten terms with friendly definitions for your review. Asset: Essentially, assets are what you own….25Feb
Five Ways to Streamline Data Entry
Are you manually entering data into your accounting system? If so, there may be a way to enter that data that’s faster, cheaper, and better. Data…29Feb
President Signs Payroll Tax-Cut Bill
On February 22, President Obama signed the Middle Class Tax Relief and Job Creation Act of 2012 (HR 3630). This law extends the 2% reduction in…23Feb
Receiving Tips Can Be Taxing
If you work in an occupation where tips are part of your total compensation, you need to be aware of several facts relating to your federal…22Feb
You Still Have Time!
One of the earliest lessons in life is that actions have consequences, and approaching retirement age without a substantial nest egg is one of those consequences….16Feb
Is Your Schedule C in the Audit Bull’s-eye?
In a recent study, the IRS determined that over half of all under-reporting is attributable to Schedule C, the form used by self-employed individuals to report…09Feb
Don’t be Scammed by Tax Season Cyber Criminals
Now that tax season is upon us, so are the e-mail scammers pretending to be the IRS. Most of these scams fraudulently use the IRS name,…
What is Online Or Virtual Bookkeeping?
Online or virtual bookkeeping is conceptually similar to on-site bookkeeping. Virtual bookkeeping: The only difference from on-site or traditional bookkeeping is that we don’t come to your…
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