Everything You Need to Know Before Filing 2020 Taxes

2020 has brought with it many surprises and left people with a never-ending list of unanswered questions. Among those questions includes how filing taxes will look for the year. With all the legislation changes that have come along with 2020, tax season is sure to be more confusing than ever come 2021. Be one step [...]

What Small Businesses Should Know Before Hiring Remote Employees

As more and more businesses move toward offering their employees the choice to work from home, small business owners may wonder if implementing work-from-home options are right for their workplace. As of now, 63 percent of companies do have remote workers. This fact could be an indication that the traditional nine-to-five workday is shifting into [...]

Differences Between Consolidated and Combined Financial Statements

There are significant differences between consolidated and combined financial statements, which is based on how they present their financial information. Combined statements are used mostly by businesses with subsidiary arms. Compared to the consolidated statements, the combined statements give a list of activities of a group of related companies in a single document. Every one [...]

How to Make Sure You’re Using PPP Properly

The Paycheck Protection Program has helped thousands of businesses get out of tight situations, but if you’re not using your loan properly, you might have to pay the loan back with a 1% interest. In this article, you will be given tips on how to use your PPP correctly so you will be eligible for [...]

Ready To Switch Accounting Firms? Here Are The Pros And Cons

A good accounting firm is critical to your company’s growth and financial integrity. Yet trust in their counsel is just as important, so weigh the pros and cons carefully before changing accountants. Five Signs It’s Time To Switch Accounting Firms They stick to taxes. This retroactive advice works well for the short-term–no one wants to [...]