These days, there are a myriad of apps out there that can drastically simply your accounting and bookkeeping process. These applications help track all sorts of financial information, and should be utilized whether your business’s financials are tracked internally or by a financial services firm like ours. Accounting Software Quickbooks — Simply put, Quickbooks is the ideal business accounting software for small …
When the new tax law was passed, there were several changes made that every taxpayer should be aware of. First off, the “Tax Cuts and Jobs Act” does not affect your 2017 taxes. However, the reform bill could significantly affect your tax situation for 2018. Below are some of the most importance changes that you should be aware of. Alternative …
Introduction The modernization of the accounting profession is still in its initial stages. The industry has adopted cloud-based software and applications, but day-to-day operations are still manually intensive and require a variety of checks and balances to ensure the accuracy of financial transactions. For this reason, internal and external audits of a business are cumbersome and expensive. Blockchain technology acts …
Understand what your company actual owes and how to compute your tax liability For a business owner incorporated in the state of Delaware, it is important to understand how their franchise tax is structured. If you’ve ever received a franchise tax notice from the state of Delaware, you know that they can provide a bit an initial shock. Companies have …
Great software is important, but it all starts with good, old-fashioned teamwork. It’s All Starts With Teamwork Inventory management can be one of the most stressing controls to implement in your business. It’s not sexy by any means, and many argue that, as businesses grow, they should focus their time on sales funnels and top-line revenue. The task of correctly …
