In your personal life, credit is something that naturally builds up overtime. You take out student loans. You buy a car that needs payments. You get your first credit card. You pay utilities and bills. All of this (and more) …
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How to Build Business Credit
Accounting New Year’s Resolutions for Businesses
Every January, almost every person sets goals for the new year. Things that they want to change in their life or accomplish before the next December comes around. As a business owner, you’re (hopefully) doing the same for your business. …
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Why Startups Should Have an Accountant
Startups are lean by nature. They’re small staffed, often just a person or two, with those people typically wearing more than one hat. Certain luxuries are passed over. There isn’t room for wants. Only needs. Deciding which is which isn’t …
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Reasons Why You Shouldn’t Do Your Own Taxes
Every January, countless Americans ask themselves a question: Should I try and do my own taxes this year? There certainly seem to be some advantages. You don’t have to pay someone else to do them. You could “theoretically” get them …
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Will I Earn Less Money if I Get a Raise?
As we said in a recent post, the more money you make, the more taxes you’ll [likely] owe. Not only is there more money to pay taxes on, but you make enough, and you’ll be bumped into a higher tax …
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How to Pay Yourself
For those who have always worked for other people, it’s a strange moment when you realize you have to pay yourself. Some find it amazing and inspiring. Others find it a little scary. Your business becomes bigger than you simply …
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Why You Owe So Much in Taxes
It’s not fun to fill out your taxes expecting a refund, only to discover you actually owe money. Or maybe you were expecting to owe a little, but you end up having to payback a lot. How did this happen, …
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Tax Benefits of Going Green
It pays to be environmentally conscious. Literally. Not only is being green good for the world we live in, but it can be good for your finances as well. In an effort to encourage sustainability and good practices, the US …
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Buying vs. Leasing Office Equipment
Starting and continuing to run a business costs money. Often, more money than you actually have. Especially if the work you’re doing requires a lot of equipment. Many modern businesses rely on technology, including computers, phones, smart devices, printers, and …
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When Can I Start My 2017 Taxes?
Many people wait as late as possible to file their taxes. In fact, they might get an extension so that they can file them at a later date. In some cases, an extension can be a necessary measure due to …
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