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Starting an eCommerce Business? Bookkeeping Basics You Need to Know

xendoo

Just like a traditional brick-and-mortar business, your eCommerce business needs a good bookkeeping system for essential functions like tracking revenues and expenditures and filing tax returns. If you opt for manual bookkeeping, you’ll need to import all your information from your bank account into your ledger.

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How Much Does a CPA Cost?

xendoo

According to the small business organization known as SCORE, roughly 1 in 5 small businesses are sinking as much as $10,000 in bookkeeping costs and other fees. Do you really need a CPA as well as a bookkeeper? . Before you start hiring financial staff, you should consider the needs of your business. What is a Bookkeeper?

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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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