5 Ways Hiring a Bookkeeper Can Help Your Business

If you aren’t updating your books at least monthly, it’s likely that you are “flying blind” as to the financial condition…
How to Deduct Auto Expenses & Mileage Trackers for Entrepreneurs

Business use of a personal vehicle is a tax deduction that many entrepreneurs overlook. Don’t miss out! There are two ways to…
How to Write Off Business Meals

The IRS heavily scrutinizes meal expenses, but don’t be afraid to take the deduction. Meeting with a prospect over a high-quality meal…
5 Ways to Increase Your Business Profit Margin

Profit Margin is the measure of how efficiently your sales produce profit. It is calculated as (Sales – Expenses)/Sales. In other words…
Understanding the Chart of Accounts

The Chart of Accounts is a set of categories to classify transactions in your business. The chart of accounts is a list…
Employee vs. Contractor: What’s the Difference?

There are two ways to categorize your workers: W2 or 1099. What’s the difference? If you are a growing business, one of the most…