Xero
MARCH 21, 2024
What are the legal considerations businesses need to be aware of when venturing into franchising? Having everyone using the same tech results in consistency whether it’s the CRM, bookkeeping software like Xero, or POS Systems for retail. What financial factors should businesses evaluate before deciding to franchise?
MyIRSRelief
OCTOBER 2, 2023
There are a number of different accounting and bookkeeping software programs available for sole proprietors. This is because LLCs are separate legal entities from their owners. This is especially true if you have a lot of business transactions or if you’re selling products or services online.
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Shay CPA
FEBRUARY 28, 2024
D&O [Founder Shield], liability, workers’ comp) Legal & Professional (e.g., fundraising, terms of service, CPA/bookkeeper fees) Office supplies (e.g., internet, phone) Vehicle (including gas, insurance, and maintenance) Website and software (e.g., fundraising, terms of service, CPA/bookkeeper fees) Office supplies (e.g.,
Mark Lee
OCTOBER 31, 2023
The good news is that few of your current clients will even notice the adverts from suppliers of bookkeeping software and financial apps etc. Historically most of your clients came to you because they wanted someone to help them comply with their legal obligations to prepare and file accounts and tax returns.
Reckon
JULY 24, 2023
With your clients having likely adopted at least basic accounting and bookkeeping software by now, a lot of billable value now lies in your ability to interpret the accumulated data into insights that inspire action. Another excellent source of revenue lies in legal documentation. You can be that source.
Shay CPA
FEBRUARY 15, 2023
D&O [Founder Shield], liability, workers’ comp) Legal & Professional (e.g., fundraising, terms of service, CPA/bookkeeper fees) Office supplies (e.g., internet, phone) Vehicle (including gas, insurance, and maintenance) Website and software (e.g., Loom, Linkedin, Amazon Prime) Employee benefits (e.g.,
xendoo
MARCH 16, 2022
In fact, it is a legal requirement of LLCs and corporations to manage their business incomes in separate bank accounts. Also, once any business reaches the $5 million a year in revenue mark, it is legally required to use accrual accounting anyway. Your tax obligations will depend on your business legal structure.
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