Do you own or do the accounting for an S corporation? If so, you want to make sure you take care of handful of year-end S corporation accounting tasks … [Read more...] about Year-end S Corporation Accounting Checklist
Peter Theil, in his provocative book Zero to One, talks about the power law dynamics you want to get “going” if you’re an entrepreneur working in … [Read more...] about Small Business Power Law Dynamics: Secret to Jacking Profitability?
Taxpayers always wonder about whether or not they can deduct expenses when they don't have a receipt. Generally, yes, you can... but you want to … [Read more...] about Tax Deduction Receipts
You can have a great career in accounting. And you can have tons of fun! But in order to really hit the deck running, you really want to be prepared. … [Read more...] about Career in Accounting: How to Prepare
Should you use QuickBooks Self-employed? It’s a great question to ask if you run a small business and you’re wondering which version of QuickBooks to … [Read more...] about Should You Use QuickBooks Self-Employed?
A client asked me the other day about the accounting rules one needs to use for Washington State household employees and independent … [Read more...] about Washington State Household Employees and Independent Contractors
Clients and small business friends regularly ask our CPA firm which is better, QuickBooks Online or QuickBooks Desktop. Over the years, and as … [Read more...] about QuickBooks Online vs. QuickBooks Desktop
I stumbled onto an online forum discussion recently where participants were berating some new S corporation owner about paying zero S corporation … [Read more...] about Paying Zero S Corporation Shareholder-Employee Wages
Small-business owners ask us all the time about how they should set up their accounting system. Accordingly, in our office, the accountants have … [Read more...] about Accounting System Recommendations for Novice Bookkeepers
Nobody likes spending more time keeping the books than they have to. It’s boring and, too often, time consuming. However, thanks to the magic of … [Read more...] about Tips to Save Time Using QuickBooks