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As you finish up your tax preparation for 2011, its a good time to take a look at some of the tax breaks that ended December 31, 2011 and some others that will end this year. Knowing which tax breaks are being revoked can help you to make the most of them while they still exist and prepare for next year when things will likely change dramatically. Read More »
New business owners often confuse bookkeeping with accounting. So, what is the difference between a bookkeeper and an accountant? There’s an old joke that says the difference between the two is about $200 an hour, but it goes well beyond a difference in cost. Bookkeeping is involved with keeping a record of income and expenditure, whereas accounting is concerned more with analysis of data and preparation of reports. An accounting firm will often have skilled bookkeepers on staff, because both elements are important to the proper functioning of a business. Read More »
Starting a small business isn’t easy. It can be one of the biggest undertakings of your life. As you prepare, it’s wise to look for some help. If you are like many budding entrepreneurs, you’re going to be as affordable as possible. Here are a few sources of free help to get your small business started right. Read More »
A trucker and an accountant walk into a restaurant. . .
It sounds like the beginning of a joke, but it isn’t. More and more over-the-road truckers, whether they own and operate more than one truck or even if they are company drivers, are turning to professional accountants to help them navigate the miles of paperwork that they’re faced with throughout the year. An accountant can not only simplify life for a driver, but also protect the driver from making costly financial errors. Read More »
The question of whether to purchase or lease vehicles never comes with a cut-and-dried solution; there are too many gray areas. Here, we will concentrate on vehicles used for business purposes, not those strictly for personal use. Read More »
