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Business By The Books

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Why Business Owners Should Pay Attention to Cash Flow

Many documents help business owners understand their financial footing—from the income statement to the balance sheet—providing both a retrospective look at spending and income and projections of future standing. Businesses that want to get an up-to-date look at their...

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How to Read an Income Statement to Avoid Overspending

Business owners have a lot on their plates at the moment. For many, their day-to-day operations have been changing rapidly in the last year, taking most of their time, attention and, in many instances, their worry. However, small business owners need to also keep a...

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Evaluate Your Balance Sheet to Measure Financial Stability

In today’s uncertain business environment, companies need to be more vigilant than ever about their finances. Small business owners especially need to keep laser-focused on their bottom line, ensuring there is no wasteful spending and that decisions about the...

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What Your Bookkeeper Wants You to Know About Business Gifts

Business gifts may seem like a small gesture, but they can have a big impact. Recognizing current and prospective clients with a small gift can go a long way toward supporting your company’s bottom line, especially for small business owners and “solo-preneurs” that...

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Questions Small Business Owners Should Be Asking

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Better Business Through Technology

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Utilizing Mobile Technology

  Business on the Go: Mobile TechnologyThe world today is constantly moving and evolving. Sometimes it’s hard for small businesses to keep up with all the expensive and new technologies that come out. However, it’s now becoming easier and cheaper to become mobile...

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Business By The Rules

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Are You in Compliance?

Are you in compliance with Form 1099-Misc Requirements? Who is required to file Forms 1099-Misc? All Businesses and Non-Profits What happens if I don't file 1099-Misc forms? There are fines and penalties for neglecting to file.  We are seeing more audits...

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Tax/Estimated Tax Due Dates 2017

Tax/Estimated Tax Due Dates for Tax Year 2017 Entity Type Form # Calendar Year End Due Date Fiscal Year Due Date Link to IRS Website *note: as of this date the IRS has not updated their website LLC - Single 1040 4/15/2018 15th day of the 4th month after the close of...

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Sales & Use Tax/Gross Receipts Tax

PA Sales Tax All businesses and individuals selling products and services subject to sales tax must register for a sales tax license online at www.pabizonline.com or by completing the PA Enterprise Registration Form, PA-100. The form is available at www.revenue.pa.gov...

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At-Will Employment

At-will employment is a term used in U.S. labor law for contractual relationships in which an employee can be dismissed by an employer for any reason (that is, without having to establish "just cause" for termination), and without warning. When an employee is...

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Archived Blog Posts

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Organizations Lose 6% Annually to Fraud or Theft

Focus on protecting your money and assets. Monitoring bank accounts and credit card accounts Tracking monies coming in (merchant account, mail, cash) Verifying payroll Minimizing inventory shrinkage Managing and maintaining property and equipment For any organization,...

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What Does an Effective Bookkeeping System Look Like?

What does an effective bookkeeping system look like? Bookkeeping is a process designed to accurately track income and expenses, facilitate the flow of money through the business and provide reliable data in a timely fashion.  A good process includes schedules,...

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Celebrating 20 Years!

Celebrating 20 Years In Business Statistics show that about half of all new businesses survive five years or more and about one-third survive 10 years or more. So making it 20 years is truly something. Paula Paisley, founder of Paisley Solutions, tells the story of...

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