Choosing the Right Tax Preparer for Your Business

It’s that time of year again and many business owners are looking to their tax preparer to help them file their tax return, reduce their tax liability as much as possible, and offer advice and guidance on making more money and paying less taxes in the upcoming year. That is a lot to ask of… Read More »

Preparing your Business for Bad Winter Weather

Winter is upon us, and here in New England, that means snow and ice are just around the corner. Severe snow and ice storms, which can cut power for days, can wreak havoc on your business. In this month’s blog, we share tips on preparing your business for bad winter weather. Plan Ahead With a… Read More »

Three Major Time Wasters for Business Owners

Time Management = Cash Management We’ve all heard the saying “Time is Money.” This is especially true when it comes to running your own business. As the main income producer in your business, it is essential that you work efficiently and effectively. Spending too much time on non-income producing tasks can have a negative effect… Read More »

3 Bookkeeping Tasks You Should Automate

Staying on top of your bookkeeping and knowing where your finances stand is one of the keys to running a successful, thriving business. Did you know there are some bookkeeping tasks that can be set to autopilot so you can spend less time worrying about your books and more time running your business? Here are… Read More »

4 Things to do This Summer to Make Tax Time Easier

Summer is not the time when most business owners are thinking about taxes. We tend to be more focused on vacations, barbecues, beach trips, employee outings, and all the amazing things that we love about summer. However, if you are willing to take a little time, there are a few things you can do now… Read More »

Are You Enjoying a Hobby or Running a Business?

Many successful businesses began as a hobby and grew to be a business. But some businesses also become hobbies. Why? Because their owners stop treating them like businesses. Are you enjoying a hobby or running a business? How a Hobby Becomes a Business First let’s take a look at how a hobby becomes a business.… Read More »

4 Professional Services Your Small Business Should Outsource

Are you spending so much time and energy trying to be an expert in every aspect of your business that you aren’t enjoying the benefits of running your own company? In this month’s blog, I discuss four professional services your small business should outsource. Fasten your seat belts. This discussion begins with some fast turns… Read More »

The Difference Between Bookkeepers, Accountants, and CPAs

The terms bookkeeper, accountant, and CPA are often used interchangeably and frequently cause confusion to those not in the financial industry. Whether you’re hiring an employee or an outside consultant, it’s important to understand the difference between bookkeepers, accountants, and CPAs so you get the appropriate level of knowledge and experience—at the appropriate cost—for your… Read More »

Records You Should Keep for Your Business Taxes

If you’re like most business owners, you’ve started boxing up files, paperwork, and payroll records for 2016 to make room for what will come in 2017. These boxes can take up a lot of space and collect dust—whether you’re paying for off-site storage or keeping them in your office. Is there anything from 2016 that… Read More »

Stop Wasting Time on 1099s

It is that time of year…Small business owners all over the country are spending time gathering information from their vendors and independent contractors, confirming paid amounts, and starting the process of sending 1099-MISC forms. Did you know that you can avoid filing 1099-MISC forms by simply changing how you pay your vendors and independent contractors?… Read More »