When you first started your business, bookkeeping was 15 minutes at the end of the day. Maybe you updated a spreadsheet and tossed a few receipts in a drawer. When tax time came around, you sent the drawer of receipts and the spreadsheet to your accountant. As the business grew, you had less time for [...]
How are you managing your 1099s these days? Every business owner knows the importance of strong financials. Without a solid balance sheet, it's difficult to receive loans or attract investors. Yet, many companies fail to realize how accurate tax reporting contributes to a financially sound organization. For example, failure to file non-employee compensation on form [...]
We celebrated my mother’s birthday a few days ago and I couldn’t help but think of what she used to say every time she’d come into my disorganized bedroom: There’s a place for everything and everything has its place. Learning A Lesson The Hard Way This really rang true the other day when a real [...]
Do you run your small business out of home? If so, you may be entitled to a significant number of tax deductions that can save you a lot of money, but only if you properly track and record them. Let’s take a look at some of the most common deductions for home offices, how to [...]
Are you looking for new ways in 2021 to save time and money? Maybe you are looking to make your company greener or streamline processes? A great way to do all the above is with and integrated app called Dext Prepare, formerly known as Receipt Bank. If you are a current a Receipt Bank customer [...]
If you want to grow your business, boost your performance, or even just survive an economic challenge like the one we’re currently facing with COVID-19, you need to measure your results. The old idiom “what gets measured gets improved” has never been more true than it is now. With the speed of our economy and [...]
