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A Beginner’s Guide to Small Business Tax Deductions

inDinero Tax Tips

We’ll paint a financial portrait of your business hat valuably informs your decision-making and protects you in the event of an IRS audit. Your choice of cash vs. accrual accounting affects how depreciation is calculated on your taxes. Indinero’s virtual bookkeeping service simplifies record keeping. You’ll need: 1.

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Accounting for Startups

inDinero Accounting

This requires accrual accounting rather than the simple cash-basis. A qualified accountant can help you make calculations that maximize the value and attractiveness of your business. Cash vs. Accrual Accounting Calculating and itemizing all the assets and liabilities can be a tricky endeavor.

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Accounting for Startups

inDinero Accounting

This requires accrual accounting rather than the simple cash-basis. A qualified accountant can help you make calculations that maximize the value and attractiveness of your business. Cash vs. Accrual Accounting. The Right Chart of Accounts. HIPAA insurance (in healthcare). Credit: Jason Goodman.

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Navigating the World of Bookkeeping for Marketing Agencies

Steve Feinberg

Every digital marketing agency should have a proper bookkeeping system in place to manage their preferred cash flow, whether that’s cash and accrual accounting, single-entry, or double-entry bookkeeping. The two types of bookkeeping systems most often used by marketing agencies are cash and accrual accounting.