Bookkeeping is the regular recording of financial transactions and information pertaining to a company’s activity. It is the methodical recording of a company’s financial transactions. It guarantees that financial transaction records are up to date, correct, and complete. Individuals or … Read More
Almost everyone has heard about identity theft, and certainly have seen news articles about company database breaches and hacked bank accounts. Most recently, the SBA reported millions of dollars awarded to nonexistent businesses from “fake PPP loan applications.” Information … Read More
DIY or “do-it-yourself” activities are meant to save time and money by doing tasks you’d typically hire a professional for. Unfortunately, DIY projects can lead to more losses than financial benefits, especially when it comes to big jobs like preparing … Read More
Let’s be honest, debt gets a bad rap. However, almost two-thirds of all small businesses have it. Sometimes, having small business debt can help you expand and grow your business, so it isn’t always the big bad wolf you might … Read More
The home office deduction allows you to deduct any portion of your home that is used as your office. Even just a nook or corner could serve as your home office. To qualify, your home must generally serve as a … Read More
As it does every year, the Internal Revenue Service recently announced the inflation-adjusted 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2022, … Read More
