Xero

JUNE 15, 2022

Xero connects with over 1,000 apps that help small businesses and their advisors succeed, with most available in the Xero App Store. Each month we celebrate an app partner who stands out for helping small businesses thrive. Find out more about becoming a Xero app partner here. Extracting the data. Hitting the right notes.

general ledger 96

general ledger Technology accounting software accounts payable 96

Xero

JULY 7, 2022

eCommerce is lowering traditional barriers to entry for small businesses, says a new Xero study, which is creating a new generation of profitable niche operations. We surveyed 171 accountants and bookkeepers – with a collective clientele of about 6,000 small businesses – to learn how ecommerce was changing business ownership.

bookkeeping 66

bookkeeping Start-ups Retail Account 66

ThomsonReuters

MAY 6, 2022

Increasing profitability is a fundamental part of growing and maintaining a business. For small and mid-sized tax and accounting firms, there are plenty of ways to do so. 8 ways small and mid-sized accounting firms can increase profitability. Cross-sell tax and accounting services to existing customers.

Tax 87

Tax Account accountant accounted 87

xendoo

AUGUST 30, 2021

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?

bookkeeping services 91

bookkeeping services bookkeeping quickbooks accounting software 91

DuctTapeMarketing

JULY 24, 2018

Consulting Business. Small Business Finances. For small business owners, managing payroll can be a costly endeavor. Before diving in, run a cost/benefit analysis. Aside from the pure amount of time and money put into payroll each week, there are less tangible costs as well. Professional Services.

payroll 142

payroll accounting and finance Start-ups Tax 142

ThomsonReuters

AUGUST 25, 2023

Managing vehicle tax depreciation with software Running a successful small business is hard work and expensive. One tax savings that some business clients may not be familiar with is vehicle tax depreciation. One tax savings that some business clients may not be familiar with is vehicle tax depreciation.

Tax 52

Tax Account accountant accounted 52

Snyder

MAY 27, 2022

When starting a business, all the paperwork and accounting may seem daunting. No matter how large or small your business is, managerial accounting will help you gain profit. This type of accounting aims mainly at forecasting and long-term business decisions and is used to ensure your company’s financial health.

managerial accounting 98

managerial accounting financial accounting Account accountant 98

Steve Feinberg

OCTOBER 9, 2023

As a web designer, your business relies on a steady cash flow to keep your company afloat and your client services running smoothly. However, cash flow issues in web design business are not uncommon, and businesses with cash flow problems may struggle to pay their bills, pay their employees, and invest in new equipment or technologies.

quickbooks 52

quickbooks bookkeeping accounting and finance tax preparation 52

Cheap Accounting

AUGUST 31, 2023

The one downside is dealing with the bureaucracy and regulation that running a business brings. Whatever the size or structure of your business dealing with your accounts and tax returns comes with the territory. As soon as you start to trade or operate your business you’ll need to register with HMRC.

Start-ups 75

Start-ups Account accountant accounted 75

xendoo

NOVEMBER 2, 2021

When making a major purchase for your business, you are expected to spread the tax deduction out over the lifespan of that purchase, which provides small tax savings over the years. Business owners can take advantage of Bonus Depreciation and Section 179 to invest in their businesses, resulting in an enormous tax break! .

Tax 98

Tax cpas bookkeeping online accounting 98

ThomsonReuters

APRIL 6, 2023

Whether you’re an accounting student, a recent college grad, or a small business owner, you may have questions about what accounts payable is, how it works, and best practices. As an important indicator of the health of a business, accounts payable is a gauge of cash flow. Is accounts payable a revenue?

accounts payable 52

accounts payable Account accountant accounted 52

ThomsonReuters

FEBRUARY 6, 2024

Types of indirect tax The value of indirect tax to tax professionals Differences between direct and indirect tax Tax planning and management is one of the primary areas accountants help their clients. They are often already embedded in the prices of goods and services. The cost ultimately falls on the consumer or end user.

Tax 52

Tax income tax Manufacturing corporation tax 52

Snyder

DECEMBER 27, 2022

Freelance accounting is increasing in popularity. With the rise of online platforms like Upwork, Fiverr, and Remote.co, more and more people are working remotely to offer their services to businesses worldwide. This means that nowadays, freelancers have greater opportunities to find work and grow their businesses faster.

Account 98

Account accountant accounted accounting and finance 98

inDinero Accounting

DECEMBER 13, 2021

Credit: Lukas Blazek Running your own business can be rewarding, but it also requires a wide range of skills. One of the most critical aspects of running your own business is accounting. Unfortunately, not every business owner has the energy or knowledge to decide between cash vs. accrual or NetSuite vs. Quickbooks.

NetSuite 59

NetSuite accounting software quickbooks Account 59

Snyder

NOVEMBER 10, 2022

The biggest tax season challenge for a small business is tax preparation and filing. Most SMB owners fall into the trap of putting off taxes until the last minute because they don’t have professional tax accounting software backing them up. First, try to make the most out of your accounting software.

tax preparation 52

tax preparation Tax tax return accounting software 52

Snyder

APRIL 25, 2022

When you have a successful business , it’s important to be able to track and manage your physical goods, and inventory management will help you with that. Whether you’re just starting out or have been in the game for a while, good inventory management for small businesses will maximize your profits and minimize expenses.

E-commerce 98

E-commerce Maine Manufacturing Start-ups 98

Ryan Lazanis

NOVEMBER 17, 2022

Every accounting firm owner knows that customer relationship management (CRM) is essential to success. Fortunately, there’s a lot of excellent software available right now that will help you stay on top of your game. What is a CRM for Accountants? Why Do Accounting Firms Use a CRM? What is a CRM for Accountants?

Account 52

Account accountant accounted quickbooks 52

Ronika Khanna CPA,CA

FEBRUARY 10, 2023

If you are an unincorporated business owner you are required to report the revenues/sales generated from your business activities and are entitled to claim business related expenses against the income. What type of businesses are required to prepare a T2125? If not, CRA will often assess you for this amount.

tax return 52

tax return Tax accounting software business tax 52

Snyder

JANUARY 8, 2023

What does it mean for small businesses? This article answers the questions for anyone curious about how to start a dropshipping business: What is dropshipping? What is a dropshipping business? Who is a dropshipper in the dropshipping business model? Why start a dropshipping business? You guessed it!

E-commerce 98

E-commerce Non-Profits Start-ups Maine 98

ThomsonReuters

APRIL 13, 2023

Even though a retainer can be a win-win, it can be a challenge to convert people and businesses who come to your accounting firm for their tax returns into consistent retainer clients. Tax and accounting firms may reason that the client will spend more if they pay for services a la carte, one at a time.

tax return 59

tax return Tax accounting and finance accounting firms 59

ThomsonReuters

FEBRUARY 20, 2024

To ensure tax compliance and resolve tax questions that may arise when conducting business-related transactions, it is critical that corporate tax specialists keep pace with local and international anti-avoidance legislation in today’s ever-changing legislative environment.

income tax 52

income tax corporation tax Tax tax planning 52

ThomsonReuters

OCTOBER 5, 2023

Jump to: What is amortization in accounting? These assets vary depending on the type of business, but they often include such tangibles and intangibles as office buildings, corporate vehicles, computers, patents, copyrights, and trademarks. Some assets will fall under amortization accounting. What are intangible assets?

Account 52

Account accountant accounted Expense Amortization 52

Basis 365

MARCH 30, 2023

ARE ALL ACCOUNTING SERVICES THE SAME? COMPARING DIFFERENT ACCOUNTING PARTNERS CAN BE LIKE COMPARING APPLES AND ORANGES. ACCOUNTING SERVICES (OR OFFERINGS) ARE NOT ALL THE SAME. BREAKING DOWN THE DIFFERENT ACCOUNTING PARTNERS YOU MAY BE CONSIDERING AND WHICH ONE IS RIGHT FOR YOU.

accrual accounting 52

accrual accounting Account accountant accounted 52

ThomsonReuters

FEBRUARY 6, 2024

The reality is that there are various types of direct tax and understanding the differences is important in helping taxpayers stay in compliance and navigate the costs they may encounter. businesses are not subject to corporate income tax because they are taxed as “ pass-through” entities (i.e., Think again.

Tax 52

Tax income tax payroll tax payroll 52

Snyder

JULY 13, 2022

If you’re wondering how to sell on Etsy, what your Etsy store cost will be, and whether Etsy is worth your time, we have good news for you – you don’t have to learn the hard way. Read our comprehensive list of steps on how to set up an Etsy business, , find out some useful tips and implement them in your own selling business on Etsy.

Start-ups 98

Start-ups E-commerce Maine accounting books 98

ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

Account 52

Account accountant accounted Technology 52

CPA Practice

JULY 28, 2023

If you’re doing business in a state with a sales tax, you may know you need to register for sales tax, then collect and remit tax as required by law. This blog post can help you understand your sales tax requirements by answering the following questions: Is sales tax based on shipping address or billing address?

Sales 98

Sales Tax Retail New Mexico 98

inDinero Tax Tips

NOVEMBER 15, 2021

However, if you’re claiming ineligible business expenses , you risk facing an audit. The IRS announced a plan to increase audits for small businesses by 50% for the 2020 tax year. In order to qualify for a deduction, a business expense must be ordinary and necessary for the production or collection of income.

Tax 52

Tax income tax Legal Entertainment 52

LyfeAccounting

OCTOBER 14, 2020

Today, I’ll be deep-diving into the bookkeeping basics for small business. You see, here at LYFE Accounting, we handle the books for small business owners everyday and have a time-tested 6-step process that helps small businesses make better financial decisions that lead to greater profitability.

bookkeeping 52

bookkeeping financial statements accounting and finance Maine 52

Nancy McClelland, LLC

FEBRUARY 13, 2022

Check out this article — IRS to delay some K-2 and K-3 reporting requirements for partnerships | Accounting Today. The source is #15 in the IRS FAQ on the topic: This Journal of Accountancy article walks through the particular scenario where this relief — only for tax year 2021 — applies. Todd, EA, CPA.

tax preparation 52

tax preparation Tax CPA tax return 52

Xero

JANUARY 12, 2023

At Xero, our aim is to make life easier for accountants, bookkeepers and small businesses. And we understand that there’s a lot to get your head around, so we’ve shared three key facts about Xero that both new and experienced accounting and bookkeeping users may not have realised.

bookkeeping 20

bookkeeping Education Start-ups Account 20

PYMNTS

APRIL 30, 2018

trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4 But they’re spending small (emphasis on small) amounts of money to do that. Following that news, LendingClub’s stock price took a nosedive. billion growing to $120.7 billion in 2018 growing to $1.1

Technology 73

Technology Start-ups Account accountant 73

Ryan Lazanis

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years. In this guide, you’ll learn: How to set up a strategic business plan.

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98

Snyder

JANUARY 12, 2023

As a Shopify store owner, you know that to increase sales you need to surround yourself with trusted management software and make the most of its key features. This is the second blog post in the series about the best Shopify apps to increase your sales instantly. Click To Tweet. Find out how much the average Shopify owner makes.

E-commerce 52

E-commerce Technology Sales Start-ups 52

inDinero Accounting

DECEMBER 22, 2021

Keeping records is also crucial to protecting your business – especially since the IRS is planning to increase business audits by 50%. With reliable enterprise accounting software, businesses can have up-to-date information about their finances in real-time. What is Enterprise Accounting Software?

accounting software 52

accounting software NetSuite Account accountant 52

inDinero Accounting

DECEMBER 22, 2021

Keeping records is also crucial to protecting your business – especially since the IRS is planning to increase business audits by 50%. With reliable enterprise accounting software, businesses can have up-to-date information about their finances in real-time. What is Enterprise Accounting Software?

accounting software 52

accounting software NetSuite Account accountant 52

SchoolofBookkeeping

FEBRUARY 26, 2024

QuickBooks Online is a popular accounting software for small businesses and it provides a range of bill pay options. One of the most important features for business owners is the ability to pay bills electronically, which can save time and reduce errors. How's that for integration?!?

quickbooks 52

quickbooks Bill Payment Platform Expense Reimbursements Approval Workflows 52