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Small Business and Startups: 5 Tips For Keeping the Books

crowdSPRING Blog

Enter the accounting team: you, your bookkeeper, your CPA, and (sometimes) your tax specialist.Rat. The best way for small business owners and startup entrepreneurs to deal with that complexity is through careful planning, detailed documentation, and careful organization. Pick your software tool.

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How Much Does Hiring a CPA in Burbank, CA Cost?

Women Entrepreneurs Can

The next step is to total your revenue and spending for the year. How Much Does Tax Preparation Cost with a CPA? A CPA might bill you in a few different ways for tax preparation. Service with a Fixed Fee CPAs with fixed fees are more frequently seen filing basic tax filings, such as 1040 EZ. Is Hiring a CPA Worth It?

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Small Business Accounting 101: 9 Steps to Get Your New Business on Track

Up and Running

Before your business can take off, you need to know how to track and manage your money effectively, which parts of your business you can outsource or automate, and which professionals you should turn to for the advice you need to help you succeed. Once you’re up and running, consider a business credit card. Team up with a CPA.

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Fortifying Profits: Strategies to Shield Your Business from Embezzlement

Duct Tape Marketing

A firm offering outsourced Chief Financial Officer services to small-business owners. With his extensive experience in financial management, Todd is a leading expert in implementing strategies to protect small businesses from embezzlement while enhancing their profitability. 03:08] What is employee dishonesty insurance?

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The Hidden Costs Of Managing Bookkeeping On Your Own. Consider These Tips.

YoungUpstarts

While handling your own bookkeeping for your new small business may initially seem like a cost-saver, the reality is that it can end up costing you more — more money, more time and more headaches. Time Away from Business Tasks. This can be quite a steep cost when you are first launching your business. Cost of Software.

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Why Employer-Sponsored Health Insurance Is A Thing Of The Past And What You Should Do About It

YoungUpstarts

And three, utilize Section 105 of the Internal Revenue Code to establish a formal self-insured medical reimbursement plan to reimburse employees for their substantiated individual health insurance costs on a pretax basis. If you’re a trusted adviser (CPA, attorney, tax professional)…. Referrals from happy clients.

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5 Financial Problems That Are Killing Your Business

YoungUpstarts

The typical problem here is a failure to put a system in place that makes it easy to not only archive, but to quickly search through important financial documents, records and receipts. Some businesses – even large ones – are still on antiquated accounting systems, such as the shoebox method. Bad Business Credit.

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