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The Difference: Cash Basis Accounting vs. Accrual Accounting

xendoo

As a business owner, accounting methods may not rank that high on your list of passions, but understanding cash basis accounting vs. accrual accounting can be vital to your company’s health. . Cash basis and accrual accounting represent the two major methods of accounting used by financial professionals.

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Save on Your Business Taxes – 6 Useful Planning Tips from the Experts

MyIRSRelief

As ruthless as the IRS can be, they aren’t completely heartless and they themselves know that businesses can’t be expected to hand over unreasonable amounts of profit every time they file their tax returns. Another expense which you are legally entitled to claim a portion of your tax return back from, is travel.

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Save on Business Taxes – 6 Useful Planning Tips from the Experts

MyIRSRelief

As ruthless as the IRS can be, they aren’t completely heartless and they themselves know that businesses can’t be expected to hand over unreasonable amounts of profit every time they file their tax returns. Another expense which you are legally entitled to claim a portion of your tax return back from, is travel.

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3 Tips for Catching Up Your Books

xendoo

Some owners handle their own accounting, thinking they can do it all. Here are some of the reasons why you need current books: Tax Planning. Overdue books will cripple your business once tax season rolls around. You’ll also need to pay attention to your company’s accounting method. Vendor Accounts.

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What Type of Accountant Does Your eCommerce Business Need?

xendoo

Chances are that your accounting and bookkeeping needs are low on your list of priorities, but that can come back to bite you. Your eCommerce business requires the attention of an eCommerce accountant. . Today, we’ll show you how partnering with an accountant that specializes in eCommerce can help your business to thrive.

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