1-800Accountant Blog

how-to-handle-sales-tax

How to Handle Sales Tax

If you sell goods or services, you may have to collect sales tax from buyers or clients. But determining the amount to collect isn’t always easy. Each taxing authority sets its own rates and rules for when sales tax applies. Here’s a quick guide to how to handle sales tax for your business. When Do […]

bookkeeping-vs-accounting

What’s the Difference Between Bookkeeping and Accounting?

When it comes to maintaining financial records for a business, ensuring your data is complete and accurate is essential. Accounting and bookkeeping are two important processes that small business owners utilize to ensure their financial information is correct. The line between bookkeeping and accounting becomes blurrier each year that passes. Both bookkeepers and accountants work […]

types-small-business-retirement-plans

The Types of Small Business Retirement Plans

Small business retirement plans come in a number of different shapes and sizes. Some are easy to set up and use, while others offer scalability and flexibility. Whether you’re a sole proprietor or have hundreds of employees, there’s a retirement plan to suit your specific needs. Here are the four main types: Self-employed 401(k) If […]