How to Maintain Your Entity’s Legal Standing and Protect Your Assets posted on 08/27/2014 by Jeannette | No comments As a new business owner, you know that protecting your personal assets is one of the main reasons for forming a... Continue reading →
Accounting Rules vs. Tax Rules: Tax Deductibility of Travel Expenses posted on 08/20/2014 by Jeannette | No comments There are generally accepted accounting principles that are used for bookkeeping purposes and there are tax laws that are used... Continue reading →
The Top 10 IRS Publications for Small Business Owners posted on 08/13/2014 by Jeannette | No comments A number of accounting rules evolved from tax rules and vice versa. Therefore, as a small business owner, if you... Continue reading →
Cash Accounting vs. Accrual Accounting: Which should your business use? posted on 08/06/2014 by Jeannette | No comments What’s the difference? The concept of cash basis accounting is rather easy to understand: A business records an expense only when... Continue reading →