1-800Accountant Blog

calculate-small-business-taxes

How to Calculate Taxes for Your Small Business

For every challenge small business owners face, you either have to hire someone to help or figure out how to deal with it yourself. Taxes can be a significant challenge for small businesses, especially for new owners just getting started.  So if you’re going to handle the bookkeeping and finances, you need to understand how […]

small-business-bookkeeping

The Complete Small Business Guide to Bookkeeping

No business can survive without bookkeeping, but few small business owners get excited about doing it. Instead, it’s one of those secondary considerations many entrepreneurs assume they’ll have to pick up along the way.  And for many business owners, it continues to be an afterthought. You started your business because you had an idea and […]

generally-accepted-accounting-principles

GAAP: What are Generally Accepted Accounting Principles?

Accounting is a massive and diverse field, and accounting services can include everything from bookkeeping and tax preparation to auditing and business plan development. There is no single path or training required to become an accountant, either.   However, there are some grounding rules and principles that all accountants rely on in all that chaos. And […]

accountant-help-small-business-growth

How an Accountant Can Help Small Businesses Succeed

Being a small business owner is an immense and multifaceted job. Running a business involves so many different important and interconnected variables, and you’re responsible for all of them. Accountants can lighten your load by taking responsibility for a few of those variables.  But what can an accountant do to support you and your business? […]

accounting-services

What Are Accounting Services?

Running a business involves a lot of accounting. It’s an essential part of business operations. You do it every day, even if you’re not aware of it. Every time you record a transaction, prepare tax paperwork, or plan an expense, accounting is involved. You have to do some degree of accounting to run a business, […]

ppp-round-2

PPP Round 2: What Small Businesses Need to Know

Congress approved another round of coronavirus relief, meaning additional Paycheck Protection Program funding and updates regarding covered uses of PPP funds.  Learn more about how this could affect your business.  Additional $284 Billion for PPP Applicants After months of discussion and negotiation, Congress recently approved a $900 billion COVID-19 relief package under the Consolidated Appropriations […]

small-business-tax-deductions-checklist

The Ultimate Small Business Deductions Checklist

If you dread tax season every year, you’re not alone. It’s easy to wait until the last minute to prepare and file your small business tax return. No one likes the idea of losing money, and the complex record-keeping and paperwork required can make the whole process an ordeal.  But it doesn’t have to be […]

quarterly-estimated-taxes

How to Calculate Quarterly Estimated Taxes in 2021

Figuring out how to manage your taxes is one of the most stressful aspects of running a business. Federal tax law is complicated, and it’s easy for a business owner to make simple mistakes that result in an audit.  You’re probably familiar with the way most non-business owners pay taxes: Employers withhold a small amount […]