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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
11, September
2017

Accounting and Bookkeeping Software for Independent Contractors

As an independent contractor, it's important to make sure your books are in order. One of the main reasons for this is to make your tax reporting a lot easier and get you back to work as quickly as possible. As an independent contractor, you are responsible for paying quarterly income taxes--which can be an arduous process if you don't know what you're doing. Knowing how much you are paying out and bringing in will assist in getting your taxes paid in a timely and accurate manner and reduce the amount of time spent with your bookkeeper or accountant. Having an accounting system in place will increase productivity and help your business run efficiently. By keeping track of bills, receipts, your net profit and gross profit, and by maintaining a clean balance sheet, you can keep an eye on your money without taking too much time from your day job.

6, September
2017

When Do You Need to Issue 1099s?

 

After failing to pay your taxes, failing to file the appropriate returns is the second easiest way to incur the.

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31, July
2017

How to Account for Slow Seasons in Cash Flow Forecasting

Cash flow forecasting can make or break your business. Business owners need to know how much cash they have on hand.

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3, July
2017

How Accounting Services Can Decrease Overdue Invoices

One of the most frustrating aspects of any business is waiting for the cash to flow in. While some blame can be.

9, June
2017

How to Set Up an AR Aging Report in QuickBooks

When you are running a business, keeping on top of outstanding invoices is important. Not only will this give you a.

20, March
2017

What Small Business Owners Need To Know About Balance Sheets

Many small businesses reliably produce a set of financial statements each year, listing assets and liabilities,.

24, October
2016

How Much Should Companies Spend On Their Accounting Department?

Occasionally, we get asked to help companies understand where and why they should allocate budget to improve.

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