Business Accounting

Keeping your books in order is key to running a successful business. Learn how to do it right with tips on managing debt, tax obligations, and more.

Are You Still Using Your Personal Bank Account for Your Business?

It may seem like an unnecessary step, but separating your bank accounts can protect you in more ways than one.

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How Small Business Owners Can Cope with Inflation and a Possible Recession

Helpful tips for the small business owner to survive a bear market, rising inflation and a possible recession.

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Tax Attorney or CPA: Which Does Your Business Need?

Both tax professionals help with tax planning and advising clients in complicated tax situations, but there are some key differences. Here's how you…

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Why Tax Avoidance is Perfectly Legal

Tax avoidance is the use of legal methods to reduce the amount of tax owed. Who wouldn't want that?

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What's the Difference Between Tax Fraud and Negligence?

Mistakes are a fact of life - even mistakes on taxes. The line between careless mistakes and tax evasion or tax fraud is sometimes blurry, but it's a…

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What to Do If Your Business Is Audited

Help! Your business is under audit! The word audit tends to trigger panic among business owners but be prepared and stay calm. It's likely not as bad…

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Answering Tax Questions: A Primer on Tax Research

Tax research can help you find answers to your tax question, but some resources have more authority than others.

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Does Your Business Need Tax Preparation Services?

You may not think it's hard to prepare and file your tax returns yourself. But you may be missing opportunities. Small business owners can save time…

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Everything a CPA Can Do for Your Business Besides Tax Prep

When business owners think about services CPAs can provide, preparing tax returns may be on the top of their lists. There are a number of other…

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What Is MACRS Depreciation?

Most long-term assets you use in your business must be depreciated using the MACRS depreciation method—at least on your tax return.

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