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Accounting, bookkeeping, and tax tips to help you understand your business finances.

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    Simple Explanation of the Modified Cash Basis of Accounting

    The modified cash basis of accounting is a mixture of the accrual and cash basis accounting systems.

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    Setting Up a Great Chart of Accounts Template: Small Business

    The chart of accounts is the most important template you will set up because it establishes your accounting system.

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    Accounting for Startups: Building A Strong Business Foundation

    Your startup is a reflection of the innovative ideas that you want to bring to market with efficiency and speed.

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    Accounting for Nonprofits | Best Practices for Responsible Financial Management

    When your primary goal is to address unmet needs in the community, and every dollar counts towards meeting that goal,…

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    Increase Financial Performance by Understanding A Statement of Operations

    Welcome business owners, to increasing your company’s financial performance through sound accounting practices.

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    Accounting for Dentists - How to Straighten Out Your Books

    Tasha left the dentist's office, tears streaming down her face. For the first time in her life, she could face the…

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    Why Outsource Accounting: A Business Case for Start-ups

    Imagine, as a start-up founder, if you could invest all your time in innovation and growth without the headache of…

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    Cost to Outsource Accounting Functions: Small Business Accounting

    Benjamin Franklin once said: “...in this world, nothing is certain except death and taxes.” Those wise words were…

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    Essential Accounting Guide for R&D Tax Credit

    For a small business, any opportunity to reduce tax liability is a bonus. You can do this by claiming allowable…

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