If your business needs more than bookkeeping and tax support but isn't quite ready to expand the C-suite with a full-time Chief Financial Officer, a fractional CFO could be just what you need.
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Today, most businesses—no matter their size—recognize the benefits of cloud accounting. But if you already use on-premise accounting software, you may hesitate to consider switching to the cloud. Or, if you're just starting, you may wonder if cloud technology is secure.
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The accounting cycle is a set of processes designed to capture and organize a company's financial transactions over a specific accounting period—typically a month, quarter, or year.
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If you're a business owner who's outgrown trying to DIY your accounting and bookkeeping, you know you need professional help. But what kind of help do you need?
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Many small business owners mistakenly believe internal controls don't apply to them or that they don't have a large enough staff to implement internal controls. However, internal controls apply to businesses of all sizes.
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A comprehensive guide for selecting the perfect accounting software for your small business.
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Generative AI refers to a type of artificial intelligence technology powered by large language models and trained on trillions of words. Learn about its practical uses and limitations.
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It's easy to get stuck trying to figure out which business structure is right for your company. This post looks at two popular options S Corp vs LLC.
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The accrual basis of accounting is far more advantageous for financial reporting than the cash basis because it provides a much more accurate view of your results of operations.
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Establishing an accountable plan allows you to reimburse employees, owners and shareholders for those expenses—potentially even home office expenses—in a tax-advantaged way for both parties.
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One of the most challenging aspects of managing sales tax as a small business owner is understanding when you have "nexus" or a connection with a taxing jurisdiction that allows it to impose sales tax obligations on you.
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Many fringe benefits are taxable, but not all. And if you don’t include the value of taxable benefits in your employee’s income and withhold taxes, you could face IRS penalties. That’s why it’s crucial to understand the difference between taxable fringe benefits, non-taxable fringe benefits, and de minimis fringe benefits.
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