Published July 7, 2023 As a business owner, it is essential to keep track of your financial records and maintain proper documentation. One crucial aspect of your financial records is your business tax returns from prior years. While it may seem like a hassle to keep these records, there are several important reasons why you […]
Category: Blog
Small Business Cybersecurity: Protecting Against Liabilities
As we observe increasing reliance on technology and digital infrastructure, small businesses are becoming prime targets for cybercriminals. The consequences of a cyberattack can be devastating, leading to financial loss, reputational damage, and potential legal liabilities. In this article, we will explore the importance of small business cybersecurity and provide actionable tips and best practices […]
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Small Business Cybersecurity: Protecting Against Liabilities
What is an S Corp Shareholder: Understanding the Role and Responsibilities
Shareholders Play Crucial Role In the world of business, shareholders play a crucial role in the operation and success of a company. When it comes to S Corporations (S Corps), understanding the role and responsibilities of an S Corp shareholder is essential. In this article, we will explore what an S Corp shareholder is, their […]
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What is an S Corp Shareholder: Understanding the Role and Responsibilities
What Is Business Use from a Tax Perspective?
Table of Contents Importance of Business Use in Taxes Understanding Business Use Tax Implications of Business Use 3.1. Deductible Expenses 3.2. Depreciation and Amortization 3.3. Business Use of Home Keeping Proper Records Common Mistakes to Avoid Tax Planning for Business Use Tax Perspective on Business Use and Optimization FAQs (Frequently Asked Questions) 8.1. Can I […]
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What Is Business Use from a Tax Perspective?
Consumer Protection Laws: What Small Businesses Need to Know
Published July 3, 2023 Understanding Consumer Protection Laws Consumer protection laws encompass a wide range of regulations and statutes that aim to protect consumers from unfair practices and deceptive behavior by businesses. These laws are designed to ensure transparency, honesty, and fairness in the marketplace, fostering trust and confidence between businesses and consumers. It is […]
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Consumer Protection Laws: What Small Businesses Need to Know
Why Your Accountant Would Recommend Investment in Automation
Published July 3, 2023 Automation has become a buzzword in various industries, revolutionizing the way businesses operate. From manufacturing to customer service, automation offers numerous benefits, including increased efficiency, reduced costs, and improved accuracy. However, one unexpected advocate for investing in automation is your accountant. In this article, we will explore the reasons why your […]