Starting a business is exciting. But before you become your own boss, make sure you can afford to get your idea off the ground. You don’t want to run out of cash before you have the chance to start making a profit. Pay attention to the hidden costs of running a business.
Read More The Hidden Costs of Running a BusinessAmanda Cameron
Why Use Accounting Software for Your Small Business?
As a small business owner, it’s easy to get caught up in day-to-day operations. Periodically, ask yourself questions about the tasks you complete. One question you should answer is whether or not you should switch to accounting software. Why use accounting software?
Read More Why Use Accounting Software for Your Small Business?Patriot Software Offers IRS Audit Trigger Resource for Small Business Owners
Canton, Ohio. Oct. 31, 2016 — Patriot Software, LLC published a free guide to help small business owners avoid IRS audits. Anyone can download the whitepaper by going to the IRS audit triggers download page. The free resource includes eight common red flags that could trigger the IRS to audit a small business. Red flags […]
Read More Patriot Software Offers IRS Audit Trigger Resource for Small Business OwnersYour Go-to Small Business Accounting Checklist
Whether you’re a startup or an established business, you need a consistent way to do your accounting. Take a look at the small business accounting checklist below to help you keep track of your financial tasks.
Read More Your Go-to Small Business Accounting ChecklistSales Tax on Internet Sales: the Basics
If you’re an online seller, you have different rules for sales tax than brick-and-mortar businesses. You hear it asked time, and time again: “do I have to collect sales tax for online sales?” Short answer: yes, most of the time. Sales tax is complicated, but it can be especially challenging for e-commerce stores. If you operate […]
Read More Sales Tax on Internet Sales: the Basics7 Tips for Your Small Business Credit Application
As a small business owner, getting approved for a line of credit is not easy. You need to make sure your credit application has the best chances of securing a loan or line of credit. Follow the tips below to show lenders you’re creditworthy with a strong small business credit application.
Read More 7 Tips for Your Small Business Credit ApplicationWhat to Do When a Customer Won’t Pay You
Late payments can cause serious cash flow issues for a small business. You can’t afford to wait around for overdue invoices. So, what do you do when a customer won’t pay?
Read More What to Do When a Customer Won’t Pay YouWhen Is Cash-basis Accounting Acceptable?
Finding solutions to accounting tasks helps you focus on your main business activities. As a small business owner, you may be able to use the cash-basis method for accounting. When is cash-basis accounting acceptable?
Read More When Is Cash-basis Accounting Acceptable?Avoid IRS Audit Red Flags With Our Free Guide
As a small business owner, the potential of getting an IRS audit is intimidating. But, you can avoid IRS audit red flags that might trigger an audit at your company and prevent them from coming up in the future.
Read More Avoid IRS Audit Red Flags With Our Free GuideFirst Time Filing Taxes for Small Business
The first time filing taxes for small business owners can be overwhelming.
Read More First Time Filing Taxes for Small Business