Rather than a clothing store, GAAP is an acronym that stands for Generally Accepted Accounting Principles. GAAP allows investors to more easily analyze financial statements without having to figure out
Continue readingQuickBooks is an excellent software program for small business accounting practices, however it does have one flaw; its efficacy is subject to the accuracy of the data input. In computer terms, we call
Continue readingWhen your bookkeeping chores have become too onerous for you to handle alone, even with your QuickBooks software, the next logical step is to hire a bookkeeper. Many business management professionals
Continue readingLast week, we suggested a few accounting steps small business owners need to take so you stay on top of looming IRS and state tax deadlines. You can catch up by reading last week’s blog Things Every
Continue readingThere are some serious accounting deadlines coming! We discuss these each year with our small business clients, and it always bears repeating. At the end of January, each business is responsible to deliver
Continue readingNo doubt your goals when running a small or family business include creating wealth for the business and gaining adequate returns on the risky investments your business will undertake. Accomplishing these
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