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Accounting for Rental Properties: What You Need to Know
Nobody loves filing their taxes, especially when you need to account for rental properties. This task can come with a major learning curve, especially for new investors. However, it’s a familiar pain for many, as there are over 11 million independent landlords across the US. Fortunately, with the right tips and knowledge, you can make tax time
Why Do You Need an Accounting Software?
Imagine spending hours of your precious time counting beans the old-fashioned way, hard keying transactions one by one into a double-entry ledger. Or even worse… an archaic, make-shift accounting system you devised that “works for you”, but leaves you scrambling as tax season approaches. Or maybe it doesn’t work as well as you think, and
Outsourcing Payroll – Top 8 Benefits to Your Business
Managing a business is a massive task, made up of many little ones that consume your time. With so many moving parts, it’s easy for the to-do list to fall out of control, and the constant stress of trying to keep up can increase mistakes and catalyze burnout. It may be time to consider outsourcing
Employee Retention Credit – Are You Eligible?
It’s no secret that retaining employees can be a challenge for businesses. In today’s competitive marketplace especially, good employees are in high demand, and it can be difficult to keep them from jumping ship to a competitor. Plus, replacing an employee often is not a fun task. Not only do you have to go through
Importance of Accounting & Bookkeeping Services for Law Firms
Every business owner should maintain well-organized financial records, but for a law firm, the stakes are especially high. As in other industries, clean, detailed books help the law practice to thrive and grow. They allow owners to better understand their financial position and plan for the future and give banks and other potential lenders confidence
Should You Outsource Bookkeeping Services For Your Business?
Imagine this scenario: it’s the end of the year, and you’re up to your eyeballs in receipts, invoices, and tax documents. You know you need to get your books in order, but the thought of doing it yourself makes you want to pull your hair out. Sound familiar? If you’re a small business owner, chances