Recent reports have shown that the IRS have been increasingly targeting smaller businesses for tax audits, and if you’re not fully clued up on your taxes as the owner of a small business, this could have a devastating impact. If you don’t understand corporate income tax rates, business tax deductions or what tax cuts you […]
Archives for August 2020
5 Ways an Accountant Can Help Your New Business
Even if your business is still in its’ infancy, hiring an accountant to help you make important financial decisions and ensure that you’re compliant with the many and varied tax laws, can determine how quickly your new business becomes a success, and here’s why: Many new business owners underestimate just how busy they’ll be With […]
Why New Businesses Should Outsource Their Accounting Needs
Since your financial responsibilities as a business owner are not only mandated by law but are essential for the growth and success of your new business, neglecting them, or struggling to get by with them, should never be an option, no matter how small your existing workforce. Even if you’re facing financial limitations, outsourcing your […]