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Is it time to upgrade? Tips for changing accounting systems in 2025

Accounting Seed

If youre on Salesforce and considering a new accounting system, contact Accounting Seed for a demo and see why its the perfect solution for your business. Accrued Expenses: What are They and How to Report Them?

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How To Download Your IRS Account Transcript to Look Up Your Estimated Tax Payments (Updated Jan 2025)

Nancy McClelland, LLC

Lots of small business owners pay what are known as “quarterly estimated taxes” to the IRS and their state department of revenue throughout the year — as a replacement or in addition to W-2 withholding, in order to pay tax on their self-employed or pass-through company’s profit. No worries — the IRS did.

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Should You Do Your Own Small Business Accounting?

Ronika Khanna CPA,CA

Do you like numbers especially as they pertain to your business? Do you have a sense of excitement when you see how your business is doing? Do you enjoy seeing how all the numbers come together and looking at your profit and loss? when you enter an invoice it shows up a sale on your profit and loss.

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Small Businesses Pulled Back on Hiring in June, CBIZ Index Shows

CPA Practice

The report is inclusive of all non-farm private employers across businesses of all sizes. Small businesses accounted for an increase of 5,000 jobs on a seasonally adjusted, month-over-month basis. On a regional level, hiring trends for small businesses were mixed.

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Review of CYMA Payroll- The Accounting Technology Lab Podcast – August 2024

CPA Practice

So today, besides Saima handling, general accounting, distribution, light manufacturing, and not for profit accounting, well, I can’t think of another system that is more friendly for doing payroll at volume, particularly if you want to run it in house. They also have a not for profit addition.

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19 Features to Consider When Selecting Small Business Accounting Software

Ronika Khanna CPA,CA

Well organized data allows for endless amounts of reporting and is limited to what your accounting software allows. Most reporting software has profit-loss, balance sheet and cash flow reports. There is accounting software that is written for accountants which can be frustrating for the average non accountant user.

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How to Pay Dividends: Completing the T5 Slip and Summary

Ronika Khanna CPA,CA

If you are paying dividends to a Canadian shareholder, you must issue a T5 slip while non resident shareholders receive an NR4 slip. Small business dividends are non eligible and should be reflected on box 10. In order to use WebForms you will need a Web Access Code which can be obtain at this link by following the steps.