1-800Accountant Blog

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, […]

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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 […]

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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 […]

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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 […]

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How to Start a Small Business: Step 9 – Accounting and Bookkeeping

Starting a small business can provide you with a wealth of opportunities. Even though accounting and bookkeeping may seem similar, there are notable differences between the two. Here is how accounting and bookkeeping can help you as you start your small business. Why Is Accounting Important for Small Businesses? Accounting is essential for small businesses […]

9-things-small-business-owners-forget-to-claim-on-their-taxes

9 Things Small Business Owners Forget to Claim on Their Taxes

Running a small business and keeping it afloat is challenging and stressful at the best of times. It’s exciting, but part of the excitement is that so many small businesses only barely stay afloat. Every small business owner knows that when your budget is so tight, and your margins don’t leave you much space for […]

6-tricks-to-choosing-the-best-entity-for-your-small-business

6 Tricks to Choosing the Best Entity for Your Small Business

One of the most critical parts of choosing your business is choosing a business entity. When you select a business entity, you’ll have to follow its requirements. However, there are tricks and things to know that can ease the process. What is a Business Entity? A business entity is an organization formed to operate a […]