Set Up Your Chart Of Accounts the RIGHT Way

Set Up Your Chart Of Accounts the RIGHT Way

One of the most important things you’ll do in your business is set up and maintain your financials properly. Categorizing expenses, keeping an eye on the money going in and out, as well as managing the details of your revenue and inventory are crucial. And all...
Year-End Tax Prep Tips to Consider with Your CPA

Year-End Tax Prep Tips to Consider with Your CPA

Now that the 3rd Quarter of 2022 is quickly coming to an end, it may be time to start thinking about scheduling a meeting with your CPA. Have you thought about what you need to prepare when it comes to your business taxes? Now is the perfect time to take simple steps...
Pros and Cons of Bill Payment Systems

Pros and Cons of Bill Payment Systems

When you own a business, it’s important to make sure your customers can pay for your goods and services as easily as possible. One way to make sure that happens is to offer them online payment. Many times, this can be done through different online payment systems and...
Difference Between Cash and Accrual

Difference Between Cash and Accrual

When it comes to different accounting methods, we know it can be confusing. But what exactly is the Difference Between Cash and Accrual and what is best for your business? Mainly, it lies in the timing of when revenue and expenses are recognized. Specifically: The...
Differences Between Business Types

Differences Between Business Types

Are you starting a new business? Not sure where to begin when it comes to legally setting up the type of business entity you desire? First, it is important to understand the Differences between Business Types and what would matter most for your company. Depending on...
Fun Winter Activities in Wisconsin

Fun Winter Activities in Wisconsin

There is no doubt that winter in Wisconsin can be cold. But that doesn’t mean you have to hibernate all winter! There are many Fun Winter Activities in Wisconsin that can be found all over the state and some don’t even require you to go outside! Let’s take...
What Type of Company Needs to Pay Sales Tax?

What Type of Company Needs to Pay Sales Tax?

We hear you. Anything that has to do with Sales Tax can be one of the most confusing aspects of running a business! There are multiple questions on collecting, calculating, reporting, and paying sales tax and it has only grown more complicated with online business....
The Importance and Difference of Payroll Forms

The Importance and Difference of Payroll Forms

When it comes to The Importance and Difference of Payroll Forms, there are many different forms required, which can be overwhelming. There are close to 40 tax forms listed on irs.gov that fall under the ‘filing and paying business taxes’ section, alone!...