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Accounting and Bookkeeping

Small Business Monthly Bookkeeping & Accounting Best Practices

Small business owners are amazing people, courageously setting off on their own to pursue their dreams. Years of sweat and tears are behind most successful small businesses, but unfortunately so is a ton of paperwork. Read on for recurring accounting & bookkeeping best practices for small businesses, from reviewing A/R aging reports to maintaining proper record retention practices.

image of US federal tax forms

Avoid Tax Penalties Tomorrow by Checking your Withholding Today

As everyone learns with their first job, the gross amount you earn is not the amount you take home on your paycheck. However, merely setting and forgetting your withholding is a recipe for disaster come tax time, especially when major life changes occur. Keep reading for small business tax advice to make managing withholding easier.

Be Prepared for Tax Time

Worried about April 15th yet? There’s no time like the present for tax planning. As John Wooden famously said, “Failing to prepare is preparing to fail.” Read on to learn how you can reduce your stress and hopefully save money in the process!

small business owner reviewing financial information

Common QuickBooks Pitfalls

QuickBooks can simplify and standardize many business tasks, but unless you have an accounting background, the do-it-yourself approach can still leave you looking for business finance and QuickBooks help. Read on for examples of common mistakes, and decide if partnering with a small business accounting firm is better for you.

payroll bookkeeping work

Hiring Your First Employee

Payroll bookkeeping is a significant challenge that many solo entrepreneurs aren’t prepared for when they are considering hiring their first employee. Read on to determine if you’re ready for your first employee, and what you need to do.

Making Sense of your Monthly Financial Statements

All businesses need financial statements, and small businesses are no exception. While software claims to compile financial statements for you, a small business owner also needs to understand what accurate financials are telling them.

Accounting services for restaurants in Minneapolis being discussed by restaurant managers

How Accounting Services Help Restaurant Owners

Managing the finances for restaurants can get complicated and put a damper on your love for the business. Not to mention, that if you’re not working with an accountant trouble may be looming. The good news is that accounting services for restaurants in Minneapolis can help you stay on track.

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