Understanding Accounting Terminology

Four Reasons Every Small Business Should Use An Accountant

If you run a small business, you may not have the funds to hire an accountant full-time. But you can still contract with an accountant and business advisory specialist who is independently employed and works for you part-time, under contract. Rather than wading through numerous financial documents and spreadsheets on your own, there are four key benefits to hiring an accountant for your small business. 1. You'll receive advice for the future.   Read More...

Enough Is Enough: 3 Questions To Ask Your CPA About Your Business's Future

Whether you freelance periodically or own and operate your own business, ensuring you are paying your taxes in the most effective and efficient manner possible should be a priority. Unfortunately, many freelancers and business owners struggle during tax season because they are not familiar with the various rules, regulations, and deductions that are available to them. Hiring a CPA, or certified public accountant, can be a great investment. Accounting services can be beneficial not only during tax season, but all through the year for improving your personal and business finances.   Read More...

3 People You Protect With A Good Estate Plan

It is no news that estate planning is one of the most responsible decisions you can make as a working adult, but there are a lot of people who still fail to go through this legal process. What many do not understand is that not having an estate plan in place can make things harder on certain people around you whose lives must go on after their passing. Check out this short list of people you will be protecting just by working with your accountant and your attorney to create a good estate plan.   Read More...

3 Tips For Getting Into The Cannabis Industry

When you are thinking about getting into an industry that is growing rapidly and providing jobs, health benefits and opportunity for countless people, it's worth your while to figure out how you can make this happen. You can look into this career opportunity and make it so that you're able to learn the ropes, do your research and make an imprint in the industry. To this end, keep reading and use these strategies so that you can ride the wave of this growing industry.   Read More...

Joining The Ranks Of The Self-Employed? Make Taxes Less Of A Headache With These Tips

When you finally leave salaried work to start working for yourself, you may feel relieved. However, that relief can turn to concern when you have to deal with tax issues as someone who is self-employed. To avoid headaches due to these issues, make everything simpler for yourself by using the tips here throughout the year. Get Separate Accounts for Work One of the biggest mistakes that newly self-employed people make is that there is not a clear distinction between their personal checking account and finances and their work expenses and invoices.   Read More...