Featured Small business tips Post
5 Common Accounting Mistakes Small Business Owners Should Avoid
The Importance of Accurate Accounting Proper accounting is the backbone of any successful business, regardless of size. It provides a clear picture of your financial health, enabling you to make
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Importance of Paying Payroll Taxes
What Are Payroll Taxes? Payroll taxes are a collection of taxes that employers are required to withhold from their employees’ wages and remit to various government agencies. These taxes are
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Commingling: The Dangers of Mixing Business and Personal Expenses
Business Expense vs. Personal Expense According to IRS Publication 535, a business expense must be “both ordinary and necessary” to be deductible. An “ordinary” expense is one that is common and
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