Blog

Tax Implications You Need To Know About Charitable Contributions

Tax implications for a small business owner are important because they affect how much money a small business owner owes the Internal Revenue System (IRS) each year.

There are some things that are acceptable tax write-offs and other things that are now.

Knowing tax laws and how they impact your business can determine if you are paying the IRS all the taxes you owe them or if you may be paying too much.

Topics: Accounting

How To Gain Focus On Your Business Accounting With Automatic Billing

You are running a business. Building your client base is difficult enough for any entrepreneur.

Additionaly, managing payroll and accounts receivable is usually the unwanted headache of any business.

But using automatic billing procedures can alleviate that problem.

Topics: Accounting Best practices Bookkeeping

Accounts Receivable: How To Effectively Reach Out To Customers

In this post we will discuss how to effectively reach out to customers in a manner that focuses on the positive in order to encourage future business, while still maximizing payments for completed services and/or delivered products.

Topics: Accounting

Breaking Down Detailed Invoicing Pitfalls You Need To Avoid

When you hear the words "breaking down," perhaps your mind springs immediately to sobbing and weeping at a tragedy. 

Not us.

Here at LUXA Enterprises, the phrase "breaking down" makes us think of breaking down detailed invoices.

Topics: Accounting

How To Collect and Manage Your Accounts Receivables Like A Pro!

As with any other aspect of your business, good planning and organization of a sound strategy to collect payment and manage your accounts receivables for your services and/or products can help keep your business on track and allow you to sleep at night without worrying about how you will pay your own bills. 

In this post, we will discuss several tips on how to set up an organized plan for accounts receivables.

Topics: Accounting Accounting procedures