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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. Choose an Accounting Method. Photo by Igor Miske on Unsplash. Categorize Your Transactions. Save & Organize Records.

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Do I Need an Accountant for My Small Business?

MazumaBusinessAccounting

Those that do their taxes for themselves may think nothing of taking on this huge responsibility as a small business owner. Take it from us, though: after a certain amount of progress as a company, doing your own business accounting isn’t likely worth your time, especially if your background isn’t in finance.

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Best Accounting Blogs: Finding a Great Blog for Accountants

Snyder

But since accountancy is a necessity for so many people, accounting blogs actually gather vast and varied audiences. Accountants, bookkeepers, and CPA’s. First and foremost, accountancy blogs are read by accountants, bookkeepers , and CPAs (Certified Public Accountants). Insightful Accountant.

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1099 vs W2: How Should You Pay Your People?

LyfeAccounting

So if you’re just getting started or trying to reevaluate your current infrastructure then this post is for you. Now I know a lot of guys out there, especially when you’re in the early stages of starting up, are wondering how to bring on their first employees. Now this could go both ways. Contact us today!

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

LyfeAccounting

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 of business start-up and $5,000.00 The post 14 Biggest Tax Write Offs for Small Businesses!

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Tax Credits You May Claim Now

MyIRSRelief

This credit is worth 50% of your startup costs up to $500 per year. Verify that you qualify, and if you don’t for the previous year, contact your EA, Attorney, CPA about starting up a retirement plan next year. The small-business accounts for tax credit is a great way for your business to grow.

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