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6 Risks In Doing Your Own Small Business Taxes

Starting a business has a lot of complexities. One of them is taxes. A lot of new and small businesses attempt to do their own taxes without any help, and this can lead to all kinds of pitfalls. The temptation to save money is, however, strong, and for some people it's a matter of pride.

Topics: Best practices Advice Business Advice

How Bookkeeping in Quickbooks Can Help Your Small Business

Accurate bookkeeping is critical to the success of every small business.  Simple bookkeeping mistakes are, unfortunately, more common than many business owners realize—and they can be costly.  The frequent bookkeeping problems which are the result of simple human error leave small business owners frustrated, confused and looking for answers.  As All Business explains:

Topics: Accounting Growing Your Business Quickbooks Advice Bookkeeping

Back to the Basics: Respect & Inclusion in the Workplace

“Please, thank you, you’re welcome, excuse me, and I apologize”, these very simple but respectful words appear to be disappearing from the workplace. We are often so busy scurrying in and out of the workplace that we forget to use these simple courtesies.

Topics: Advice Diversity and Inclusion

The Importance of Password Security and Password Keepers

 

Hackers are proving to be smarter and faster each and every day when it comes to hacking/breaching a network or e-mail. Some breaches, you don’t even realize that you have a breach until it’s too late. Most people don’t realize the importance of having a strong and unique password.

Topics: Best practices Advice Business Advice

Why Record Keeping Is So Important

 

A company’s financial statements tell the story of a business. The income statement will provide you a story of the present-day state of affairs.

While the balance sheet provides you with a historical picture of the assets, liabilities, and equity over the lifespan of the business.  Record keeping plays a significant role in providing the supporting details to paint the full picture of the story.

Topics: Accounting procedures Advice Bookkeeping