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Accounting Expansion Plans for 2021 | AccountingDepartment.com

AccountingDepartment

As we’re already halfway through the first month of 2021, we thought it might be a good time to share our plans for the upcoming year. While some items are still to be revealed, we have a few exciting new releases for 2021 and our readers are officially the first to know!

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Top Online Bookkeeping and Accounting Services for 2021

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Careful bookkeeping takes time, and if you are busy running your business, having an online bookkeeper can be a huge time-saver. . Some top online bookkeeping services employ excellent online bookkeepers who can provide the necessary online accounting services to successfully handle your business bookkeeping.

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4 Ways Small Business Owners Can Stay Tax Compliant

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Instead of playing phone tag with your finance professional over missing documents, you can work with an online accountant who will determine the tax deductions you qualify for and file your taxes on your behalf, so you can get back to what you love – growing your business! . January 18, 2022 (the final installment for 2021).

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The Best Online Accounting Software for Small Businesses

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Additionally, if you wait until tax time to get it together, it can end up giving you a real headache – hiring an accountant at the last minute with books full of errors could cost you more than you set aside in the first place. What does online accounting software do? Why your small business needs accounting software.

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The Small Business Guide to Revenue vs. Profit

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To understand revenue, let’s look at Microsoft’s financials for 2021. In their annual report, Microsoft reported total revenue of $168,088 million from product and service sales. Product revenue accounted for $71,074 million while service and other accrued $97,014 million totaling the $168,088 million.