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When You Need to Hire a Pro: Online Accounting Service for Small Business

xendoo

It’s time to go beyond merely tracking the ins and outs of your books and to start focusing on accounting and the financial health of your growing business. Choosing an online accounting service for your small business is the best way to keep your books updated, in compliance, and thriving.

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The Top 5 Benefits of Catch Up Bookkeeping

xendoo

The best practice is to consult your updated accounting software or financial statements, which provide insight into your true financial position. Click here to learn more about Net Income. . Tax Compliance. Behind on your bookkeeping? Get Your Books Caught Up with Xendoo. You are not alone! Let’s chat!

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Small Business Tax Deductions Checklist: All You Need to Know About Tax Deductions

Snyder

Tax deductions are a key financial tool to cut down on tax overpayments. Look through your profit and loss report and research the applicable tax deductions for your business starting from work-related trips and ending with accounting software subscription purchases.

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The Small Business Guide to Revenue vs. Profit

xendoo

Your bookkeeper or accounting software will typically handle this calculation and report it on your company’s income statement. Subtracting this from the gross margin gives you an operating income of $69,916. But they also had other income of $1,186, so total income before taxes accounted for $71,102.