
How to Enter Bills in QuickBooks
Small BusinessHow to Enter Bills in QuickBooks
It’s not as much fun as creating invoices, but the bills must be paid. Here’s how QuickBooks helps.
We’re in a bit of a transitional period with business bill-paying. Some paper bills still come via…

The Key Steps to Take BEFORE You Start a New Business
Business, Business Development, Small BusinessVery few people think that starting a new business is easy. But at the same time, there are few first-time entrepreneurs who realize just how involved things are from the moment you start trying to bring that idea that previously only existed…

Day Care Providers Enjoy Special Tax Benefits
Small Business, Tax TipsArticle Highlights:
Business Use of Home
Prorated Use
Owned Home
Rented Home
Exclusive Use
Meal Allowance
Other Deductions
A taxpayer who is in the business of providing family day care in their home may deduct…

5 QuickBooks Online Reports You Should Run Regularly
Accounting, Small Business5 QuickBooks Online Reports You Should Run Regularly
There are numerous QuickBooks Online reports that you should be consulting at regular intervals. But you need these five at least every week.
QuickBooks Online’s Dashboard, the first…

The Most Common Accounting Mistakes Small Business Owners Make and How to Avoid Them
Accounting, Small BusinessMost small business owners are an expert in their field, but not necessarily in the accounting aspects of building a business. And, with this comes a few common mistakes. Yet, even simple small business accounting mistakes can prove to be financially…

How Small Businesses Write Off Equipment Purchases
Small Business, Tax NewsArticle Highlights:
Depreciation
Materials & Supplies
De Minimis Safe Harbor Expensing
Routine Maintenance
Unlimited Expensing
Bonus Depreciation
Sec 179 Expensing
Mixing Methods
From time to time, an owner of…

7 Passwords You Should Never Use at Your Small Business
Small BusinessArticle Found on INC.COM
Owning a small business means owning data. You're constantly acquiring new information related to your customers and financial details, as well as all the vendors and contractors with whom you work. However, one…

Failing May Be Fundamental to Success, According to Columbia Business School
Growth, Small BusinessArticle Found on Knowridge Science Report
Few companies or organizations are looking to fail when they plot a new strategy. However, turning a blind eye to the possibility that a strategy may fail can have disastrous consequences.
According…

What's Driving the Global Entrepreneurship Wave?
Economy, Small BusinessArticle Featured on INC.COM
People who have an entrepreneurial spirit simply think and act differently. They aspire to rethink traditional business means and models to create unique, enhanced, and futuristic forms of commerce. In this mindset,…

Most Family Businesses Lack Succession Plans
Business, Business Development, Small BusinessWritten by Michael Cohn | Featured on AccountingToday
Only 23 percent of family businesses have a robust succession plan in place, according to a new report from PricewaterhouseCoopers, with 46 percent of the family businesses polled saying…