Accounting/Banking/Credit

Accounting/Banking/Credit (84)

Best Mileage Cards for Small Business

Small business credit cards are becoming an increasingly popular option for business financing. This is particularly useful for small businesses which do not qualify for traditional loans and lack access to funding organizations.

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Ask Yourself 3 Questions To Help Find A Financial Advisor You Can Trust

When it comes to financial planning, most Americans take a do-it-yourself approach. In fact, various surveys and studies over the years have shown that anywhere from 60 to 70 percent or more don’t have a financial advisor. But does that mean the remaining minority who do hire someone are more confident about what the future holds for them financially?

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Financial Statement Refresher: How to Read the Reports

Every small business owner gets bogged down and behind at some point. However, the one business practice that you must consistently perform is reading financial statements. To really understand the position of your business, you need consistent reviews of your balance sheet, income statement, and cash flow.

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Understanding Depreciation

Depreciation is perhaps one of the most complex terms for small business owners to grasp. With many rules associated with it, it becomes even more complicated for anyone except for the professionals in the finance sector. The most important way you can ensure you understand this concept is to avoid being intimidated by big words employed.  You can achieve this by focusing on how depreciation affects us in our daily lives.

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5 Accounting Challenges Startups Face

fiveAs a start-up, you are pulled in many directions, and all seem equally important. From developing your customer base to fulfilling promises of goods / services, you must jump in fast and keep the momentum going. So, at first, you focus on generating business, but very soon, you must devote time to your finances. Read more...

Why You Should Practice Corporate Philanthropy

giving at work‘Tis the season as we are all recovering from the excesses of the Holidays. After weeks of giving and receiving and with the start of a new year, now is a good time to engage your organization in philanthropic goals if you haven’t done so already. Read more...

AICPA Recommends Changes to IRS Form 990 and Related Instructions

The American Institute of CPAs (AICPA) has recommended more than 30 changes to the Internal Revenue Service (IRS) for the 2018 Form 990, Return of Organization Exempt from Income Tax, and its related instructions.

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How to collect when your customers don’t pay

Attorney Barry Kaufman has a simple suggestion for small business owners who want to avoid having once-valued customers become late and non-paying ones. “Have good communication with customers or clients to forestall payment issues,” says the Jacksonville, Florida-based lawyer who has been in collections 18 years.

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Tax Strategies for Small-Business and Personal Tax Savings in 2018 and Beyond

Your 2017 tax return provides valuable clues for planning for your 2018 taxes, says Paul Jacobs, Certified Financial Planner and Enrolled Agent with Palisades Hudson Financial Group. But with tax reform, the exercise is more complicated this year. 

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Fundbox Offers a New Small Business Line of Credit

Fundbox, an online lender, is offering a new service Fundbox Pay that lets business make payments to other businesses, reports Wired. The service is similar to Paypal, but works similar to a credit card.

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