The tax season is a stressful time for anyone involved with taxes. However, for accountants, it can be an overwhelming time. The workload avalanche, coupled with the time constrictions, can lead to burnout. It isn’t surprising to find that 82% of accountants experience it....
If your small business staff includes hired employees, your financial responsibilities will include adjusting their paychecks for income tax withholding. In Arizona, there are multiple options for state withholding percentages, and as with most tax laws, things can get complicated. The purpose of this...
Running a small business successfully requires that you know where you stand financially at any point in time. You need to have solid projections for future expenses and income, and you need a clear picture of how much available cash you have on hand....
When you run a small business, you are probably doing most of the work yourself. That includes the administrative work of keeping track of invoices, payments, and other financial transactions. Online accounting software, such as QuickBooks, can help reduce some of the stress involved...
Starting a small business involves a number of steps. One of those is determining the legal structure of your business. Even if you have been operating your business for a while as a sole proprietorship, you may decide you want a different structure as...
When you are starting a business, choosing the most appropriate legal structure for your needs can be an important step. You may have questions about what a limited liability company (LLC) is as well as how to start an LLC. LLC Structure A limited liability company...
Your business operations depend on your ability to know where you are and where you are going. That means that you need a solid record keeping system and perhaps some professional bookkeeping assistance to ensure you are on the right track. Performing a bookkeeping...
As a small business owner, you have a lot of financial considerations every day. Some of those are related to your tax status and how your operations affect your employees and their paychecks. If you have formed an S-corporation, there are specific rules and...
Focusing on your business operations is a full-time job. Running a business with employees can take additional time to ensure that you are following all the guidelines and regulations, especially in making sure that your employees are paid properly and on time. Payroll services...
When you operate a small business, you have a lot to manage. As you focus on your core service or product, working to ensure that your customers are happy, you also have to make sure your financial records are current and accurate. Bookkeeping for...
