April 3, 2018

How to Register your Business, It’s Easier Than you Think!

I think starting a business is one of the most exciting things anyone can do! Who doesn’t want to make some side income and have more flexibility with your work and home life? One of the not so exciting parts of starting a business is actually registering your business, and taking care of all the legal and

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April 2, 2018

3 Tips for Easy Business Record Keeping

There are so many fun parts to owning your own business . . . . small business record keeping is not one of them! However, keeping good financial records is one of the best things you can do for your business. Not only will an efficient bookkeeping system make your life easier come tax time,

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April 1, 2018

How to Increase your Business Profits Now!

As a business owner, your focus should be on how to increase your business profits, NOT just how to increase your business revenue. This may sound like a strange statement because most often we only hear about business revenue. However, business profits and business revenue are two very different things, and business profits are way more

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March 27, 2018

Major Sales Tax Changes with Wide Reaching Effects

Sales tax was never fun. But it could be getting worse. And no, this is not a click-bait headline scam, “5 Reasons You’re Failing at Sales Tax” or some nonsense like that! It’s for real. This is all somewhat recent news to me. So let me explain what I’ve learned so far, and some of

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March 6, 2018

Are Coaching Fees a Business Expense?

Great question from Courtney at Charity Sparrow. I have a business coach I pay monthly. Is this a tax-deductible business expense?

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February 2, 2018

The Quick Start Guide to QuickBooks

As a small business owner, setting up bookkeeping for the first time might feel overwhelming — but it doesn’t have to be. Good financial records are key to growing your business, and QuickBooks Online makes it simple to get started.In this guide, I’ll walk you step-by-step through setting up QuickBooks Online Simple Start. You’ll learn

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November 21, 2017

Unlimited Books for the Bibliophile on Your List!

I love books! Reading has become part of my daily routine. I get cranky if I don’t get in a little reading time every day! I naturally gravitate to fiction, especially historical fiction and mysteries, but I love business books too. Books make such great gifts, but one single hardback book can cost a pretty

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October 23, 2017

How to Get a Home Office Tax Deduction

As a small business owner, saving money wherever you can is a major key to success. Learn how to get a home office tax deduction, so you can pay less come tax time. Let me walk you through how to get this often overlooked tax deduction. In order to claim a home office tax deduction,

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February 28, 2017

Get the Most out of your Chart of Accounts

In the Quick Start Guide to QuickBooks post, we talked a little about naming your revenue and expense accounts. The list of all your account names is called your Chart of Accounts. The Importance of your Chart of Accounts As a new small business owner, you may be tempted to just use the account names

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February 19, 2017

Can I Write-off the Purchase of Business Books?

Today’s question is from Elizabeth of Paper Bliss Designs.   Can I write-off business books or business planners/workbooks at tax time?   Great question Elizabeth! As with most things regarding the IRS, every situation is unique and there is a lot of room for interpretation. The general rules regarding business expenses are that they must

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