Category: Finance

February 10, 2020

While we are already in the second year following the Tax Cuts and Jobs Act, there are a couple and changes to be aware of when filing taxes this year. A comprehensive list of these updates can be found on […]

February 5, 2020

There is a natural tendency for all of us to postpone action until it’s absolutely necessary, which makes our action a reaction. In business, if you’re standing still and waiting for the next shoe to drop, you have already lost. […]

February 5, 2020

The Bill & Melinda Gates Foundation is ramping up its efforts to fight the Wuhan coronavirus outbreak with a substantial pledge—up to $100 million to assist detection, containment, and treatments as the so-called 2019-nCoV virus wreaks havoc across multiple nations […]

February 3, 2020

The Tax Cuts and Jobs Act drastically cut the corporate tax rate. But it also introduced the qualified business income (QBI) deduction. The QBI offers a way to lower the effective tax rate on the profits of owners of pass-through […]

January 29, 2020

Are you thinking about going cashless with your business? Before you start investing in only cashless solutions as part of your Point of Sale (POS) system, take a minute. This is because more cities and states are introducing legislation banning […]

January 28, 2020

According to our research, 63 percent of invoices are paid within 30 days. The good news is that a majority of invoices are in fact being paid. The bad news, however, is that it’s taking a month to get paid. […]

January 27, 2020

Filing a tax return for your business each year is something you must do. But you don’t want to make mistakes that can result in higher taxes than you really owe, draw IRS attention to your return, or cost you […]

January 24, 2020

The April 15 deadline is still a fair distance away, but the 2020 tax season is upon us. And while it might not be quite as chaotic as last year’s (now that we’ve had a year to adjust to the […]

January 21, 2020

Deductible business expenses help entrepreneurs with many of the costs of running a company. Business owners know that most expenditures can be written off, although there may be limits and timing. Check out the most common tax deductions for small […]

January 14, 2020

Despite the fact that electronic invoicing has been steadily growing over the last couple of years, paper invoices still dominate. Bruno Koch notes in the Billentis Report 2016 that it’s expected the 2016 volume for e-bills/e-invoices will be around 30 […]