We have a handful of tax blogs we love to visit because we trust their facts and information. Take a look around to see if any of these blogs answer some of your 2014 small business tax preparation questions:
We spend a lot of time helping small business owners get their finances cleaned up and in order. Over the years, we've seen many of the same accounting mistakes occurring over and over again. QuickBooks can be incredibly helpful--but only if you're taking full advantage of all of its capabilites and you know how to set it up correctly. Here's a list of the most common QuickBooks problems business owners run into:
As part of our profit coaching efforts, we try to go beyond number crunching and help clients really grow their business. We weed through a lot of crap on the Internet, but we save the good stuff to share with you. Here's the 6 most insightful and inspiring bits we found on the world wide web this week:
As you approach the end of the year, there's so much to wrap up and consider as you move forward with your business. Hopefully you're able to find some time to reflect on how you did this past year as a leader, employer, and owner.
We've done a lot of research this year, and have been inspired by the shift in thought leadership. There's so much change going on, and many old qualities of leadership have truly become outdated and archaic. The new qualities that foster innovation have more to do with generosity and empathy than the former days of power and control.
Find out which 11 qualities of leadership will cultivate an innovative spirit in your small business this coming year:
There are a lot of successful business people and visionary leaders out there, and they're sharing their stories and tips on the Internet. But how do you find the stuff of real substance on the Internet that will truly help you, as a leader and an entrepreneur, find ways to refine your systems to unlock more growth potential?
As part of our profit coaching efforts, we try to go beyond number crunching and help clients really grow their business. We weed through a lot of crap on the Internet, but we save the good stuff to share with you. Here's the 7 most insightful and inspiring bits we found on the world wide web this week:
One of our 500+ customers here at Ignite Spot is a really great company that matches lenders with small businesses looking for financing: Lendio.
CNBC reported that "what used to take months is now being accomplished in weeks" when small businesses partner with Lendio to find outside financing. They help over 100,000 businesses each year get funding, and they're growing rapidly.
We sat down with Lendio's Founder & CEO, Brock Blake, to find out exactly how and why Lendio works so well for small businesses and to talk about their new entrepreneurial project, Faces of Main Street. Watch the video interview below:
Small business tax preparation takes some strategy and looking ahead. When it comes to growing your business with outside financing, you’ll want to complete your taxes in a way that reflects profitability--which means you might not write off all those deductions. If you plan on applying for loans in the near future, it’s probably best to bite the bullet and pay more taxes this year. We explain more in this video:
Who pays the bills on accounts payable day when you use an online bookkeeping service? The short answer: your online bookkeeper will update the accounting software, and inform you what bills are due and their amounts. You should continue to be the one signing and sending the checks. Avoid keeping a stack of checks with your online bookkeeper. This way, you’re still in control and have the ability to approve checks before they’re sent off.
Here’s a step-by-step guide of how accounts payable works when you use online bookkeeping services:
As the end of the year approaches you might be overwhelmed just thinking about getting your books in order. So many business owners get distracted by everything else that goes into keeping a company running. It's totally normal and understandable.
We're here to remind you that keeping up on the books needs to be at the forefront of your mind. It's simple if you do a little bit every day. To make things easier for you, we've created a basic bookkeeping checklist that will help you know what tasks need to be done daily, weekly, monthly, quarterly, and annually.
If you use a virtual bookkeeping software or service, it makes things much easier to track. Let's get started: