Financial Reporting is Good Business Marketing
In a recent blog in the Small Business Administration's website, Paul Lester writes that there are three essential financial statements....
Accounting Information Systems (AIS)
Choosing an AIS is like choosing a long-term relationship…it has to be equipped with sufficient functionality to cover the basic and...
Tangible Property Rules: Who should care?
Anyone who’s taken a course in accounting, has come across the question on whether to capitalize or to expense and what it means exactly...
Choosing a Business Structure: a Matter of Risk Mgmt
Think of your business structure as an object that will take on its own identity. Your business structure should be the vehicle utilized...
Independent Contractors vs. Employees
Contrary to the pros and cons between hiring employees and Independent Contractors, according to Darrell Zahorsky’s “The Great Debate,”...
Bad Tax Preparers
We've all heard of them. But rather than to mention every scheme that will inevitably boil down to fraud and theft, let's discuss how to...
Preparing Your Own Taxes: PRO's & CON's
Hire a paid professional or do it yourself? Most free online tax software’s require that your income be under a given amount, most of...