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How an Accounting Firm Can Help a New Small Business

PASBA

According to a 2018 survey conducted by Palo Alto Software, the owners of start-ups expressed interest in having an accountant assist them with a variety of tasks. How to Help New Business Owners through the Start-Up Process. Advice on choosing the most efficient accounting software.

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4 Action Items Every Tech Startup Should Take to Protect the Business from Financial Risks

Cherry Bekaert

Protecting Your Start-up Begins With Understanding Your Business’s Risks Technology companies in the start-up stage have a seemingly never-ending list of to-dos to ensure business success. From hiring to protecting intellectual property to finding the right investors, CEOs in this space have a lot to juggle.

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QuickBooks Ledger: Welcome to the Family! We’re Glad You’re Here.

Nancy McClelland, LLC

But unlike QB Self-Employed, this is real accounting software that gives us double-entry accounting, adjusting journal entries, and spits out proper financial statements.

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Starting an eCommerce Business? Bookkeeping Basics You Need to Know

xendoo

Cash basis accounting is simpler and easier to keep track of, but accrual basis gives a more accurate picture of the long-term profitability of the business by factoring in accounts payable and receivable ledgers. Most small business owners choose cash basis, but if you do, you may have to adjust your accounting software.

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How Much Does a CPA Cost?

xendoo

A CPA can also prepare a company’s financial statements and represent the company when dealing with the IRS. Both of these skills go beyond the scope of a regular accountant, which partially accounts for the higher certified public accountant pricing shown above.

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14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]

LyfeAccounting

It was our first time filing his taxes, so we asked to see his financial statements and tax returns from prior years. For the new business owners reading this post, the first tax write-off you should think about is the Business Start-Up tax write-off. With this tax write-off, you can deduct up to $5,000.00

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