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Accessing Your Small Business Success


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Accessing Your Small Business Success

A couple of years ago, I decided to abandon a long, unsuccessful job search. After many months of desperately looking for the perfect job, I chose to start a home based business. Because I’d never been an entrepreneur before, I was more than a little anxious. I was excited as well. Thankfully, I’ve enjoyed success in my new business venture. At the end of every month and year, I carefully analyze my revenues. Because I have a background in accounting, I know how to calculate various financial statement ratios that help me determine how my business is doing on many different levels. If you’re a struggling small business owner, consider hiring an accountant to help you access the success of your business. On this blog, you will learn the types of consulting services an accountant can offer a small business owner.

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Grown Kids Living At Home? How They Affect Your Taxes
23 February 2017

If you, like many American parents, have adult chi

Tax Tips For The Freelancer: What You Should Know
12 January 2017

When you decide to strike out on your own and star

What To Take To Your Accountant When Filing Business Taxes
12 December 2016

If you have no dependents and are single, then fil

The Tax Treatment Of Combat Pay For Returning War Veterans
28 October 2016

Members of the military sometimes have unique inco

Keeping Track Of A Nondeductible IRA Balance With Form 8606
27 September 2016

Contributions to a traditional IRA are not always

Grown Kids Living At Home? How They Affect Your Taxes

If you, like many American parents, have adult children living at home, you probably wonder if their presence could benefit your taxes. And there may be good news: sometimes, they can. Here's the lowdown on when and how. Claiming Adult Dependents. If you are providing the home while your child is in school for at least 5 months of the calendar year (not necessarily consecutive months, either), you can claim him or her as a dependent child until they turn 24… as long as they earn less than $4,050 (in 2016). Read More 

Tax Tips For The Freelancer: What You Should Know

When you decide to strike out on your own and start working freelance rather than working as an employee of a company, you have a great deal of freedom as well as increased opportunities for finding work that you love and connect with. However, at the same time, you will also likely find yourself faced with an unfamiliar situation. You will need to keep track of and manage the full extent of your federal and state taxes. Read More