by Joshua Ott | Mar 13, 2023 | Bookkeeping
It is crucial for small business owners to fully understand the distinctions between cash-basis and accrual-basis accounting. These are two accounting techniques that keep track of financial transactions, and each has benefits and drawbacks. Cash Basis Accounting The...
by Joshua Ott | Mar 6, 2023 | Bookkeeping
As a small business owner, there is a lot to keep up with! When you’re managing employees and promoting your business, it might feel as though there aren’t enough hours in the day. If you have a lot on your plate, putting off bookkeeping is common, but it...
by Joshua Ott | Feb 27, 2023 | Business
Every dollar counts when you’re running a business. If you want to reduce your tax liability at tax time, you must remember to claim all of your tax deductions. Along with a few jokes to lighten the mood, here are a few lesser-known tax breaks that small...
by Joshua Ott | Feb 21, 2023 | Business
As a small business owner, you’re probably concerned with a variety of issues, from marketing and sales to product development and customer service. However, it is also critical to have a solid understanding of your company’s financials, as reflected in...
by Joshua Ott | Feb 14, 2023 | Bookkeeping, Business
Timeliness is critical when it comes to financial reporting. For business owners to make informed decisions, they must have accurate, up-to-date information on the financial health of their business. Here are some reasons why timely financial reporting is essential...
