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New Sole Proprietors, LLCs, and Corporations Need Accounting and Tax Services

MyIRSRelief

One of the most important things to consider is accounting and bookkeeping. If you’re new to business, you may be wondering why accounting and bookkeeping are so important. You don’t have a lot of money to spend on accounting and tax services. After all, you’re just starting out, right?

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Xendoo vs. Pilot: Comparing Online Bookkeeping Services for Small Business Owners

xendoo

Bookkeeping is critical to the financial health of every business, but business owners rarely have the time (or desire) to manage it themselves. To take their time back, many business owners choose to outsource their bookkeeping and accounting. So, how do you choose the right financial partner for your business?

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Why You Should Outsource Your Online Bookkeeping Services

xendoo

It’s common for a business owner to want to save money on outsourcing bookkeeping services and do it themselves thinking, What can go wrong… it’s just data entry!?” Plus, your financials become more complex as your business grows – more expenses, and ideally more income! But some things still need an expert.

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Outsourced Bookkeeping for CPAs: 8 Options Compared

Ryan Lazanis

Offshoring: Here you are moving business processes and your in-house accounting team to another country, typically one with a lower labor cost structure. What makes offshoring unique is that you essentially maintain full control over the financial data processing, which might be interesting if you’re providing client accounting services.

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How Does Online Bookkeeping Work?

xendoo

Historically, small business owners would partner with a local accounting firm, hire an in-house bookkeeper, or do the bookkeeping themselves with a calculator, pencil, and paper. . The bookkeeper will have view-only access to the business owner’s bank account, to reconcile business transactions during the monthly close process.

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What Do Accountants Charge for Small Businesses?

xendoo

For many small business owners, accounting is definitely not their area of expertise. They know they’re probably making mistakes and missing opportunities that a pro would spot right away, but they don’t know if accounting services will save more than they cost. “How much do accountants charge to do taxes?”

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How We Are “Helping People Build Strong Businesses”®

Basis 365

Numbers are the core of any business, but at Basis 365 Accounting, we know that successful businesses are built by people. That's why our outsourced accounting and bookkeeping services go beyond simply crunching data. Clunky, outdated accounting methods or tools waste time, create inaccuracies, and slow decision-making.