Accounting, Bookkeeping & Tax Blog

Your small business resource for accounting, bookkeeping, and taxes from our experts.
inexpensive-marketing-techniques

5 Inexpensive Marketing Techniques for Your Small Business

Growing your small business requires hard work and persistence. You have to expand your staff, your production, and your bookkeeping, all while managing your cash flow. On top of that, the most essential requirement for growth is an expanded customer base, which requires marketing.  Healthy and sustainable growth relies on juggling these related elements at […]

tax-tips-nft-investors

Top 5 Tax Tips for NFT Investors

The hottest new trend in digital finance is the non-fungible token, or NFT. Countless people are buying their way into it, and in some cases making a significant amount of money! The NFT itself is not an entirely new concept, but the market developing around them is a brand new phenomenon. The NFT market depends […]

coronavirus-2021-taxes

What to Know About Coronavirus Relief and Your 2021 Taxes

The COVID-19 pandemic hit the United States in the middle of the 2020 tax season. Uncertainty, social distancing, and state-mandated lockdowns greatly impacted our economy. More businesses have opened back up, and some areas have returned to at least some sense of normal pre-pandemic operations. So what does that mean for calculating your taxes? Early […]

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Why NCAA Student-Athletes Need 1-800Accountant

We’ve entered a new era of college athletics. After stunning shifts in NCAA policy in the middle of 2021, the door has been opened for countless college student-athletes to make money with sponsorships and advertising based on their name, image, and likeness.  This is a dramatic change for schools, advertisers, and, most of all, student-athletes. […]

burn-rate

What is burn rate?

Expenses and profits are two of the most vital things small business owners can track. There are at least two ways small business owners can measure funds used to determine business expenses and profitability, which is known as burn rate. You can use the burn rate to establish your business’s economic standing, whether it’s a […]

apply-small-business-credit-card

How to Apply for a Small Business Credit Card

It’s no secret that funds are what keep a business going. You need money to stock your shelves and take care of your employees so that the wheels keep turning. Ideally, your business will have a healthy cash flow where there’s always enough money to pay those everyday business costs, but sometimes it doesn’t work […]

mid-year-tax-check-up

7 Things to Do at Your Mid-Year Tax Check-Up

Tax season can be stressful. When you finally submit your returns in April, you may want nothing more than to set it all aside and stop thinking about taxes until the following year comes around.  Unfortunately, forgetting about your tax obligations sets you up for more panic and disaster the following April. If you take […]

engineer-tax-deductions

7 Tax Deductions Engineers Can Claim on Their Taxes

If you haven’t yet filed your taxes and work as an engineer, check out these seven common tax deductions that could minimize your tax burden this year! Tax Deductions for Engineers Engineers can receive tax deductions for different aspects of their jobs. The best tax deductions for engineers follow. 1. Advertising You can claim a […]

covid-stimulus-bill-updates

President Biden Signs 1.9T Stimulus Bill, What Now?

After months of negotiation and deliberation, Congress finally passed an updated stimulus bill passed last week. This bill will bring relief to millions of people and small businesses in the form of economic relief and direct cash payments. It’s an important boost that will immediately benefit city, local, and state economies. Although millions will directly […]

business-entity-partnership

Business Entity: What is a Partnership?

Creating a partnership can be a great way to propel your small business. You should be aware of some things, such as the partnerships that you can form and the liability differences between the types.  What is a Partnership? A partnership is a relationship between two or more people that agree to conduct business together. […]