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What options are available to you for health insurance and life insurance if you lose your employee benefits? Read More

When you are running a small business, things like balance sheets and long-term planning often take a back seat to the daily needs of your customers.

As a result, many small business owners do not have a firm grasp on their financials.

Strong accounting records are important for any dealing Read More

Business costs can be accounted for in different ways. Two such ways include expensing via a credit to revenue, and capitalizing via liabilities on the balance sheet prior to depreciation. Each methods has its advantages and disadvantages. Read More

A check was due two days ago, but the client’s really nice and has never been late before….

The invoice is due in three days and you haven’t heard from the client since it went out….

You can’t bill the client until they sign off on the last round of revisions but no one will respond to your e Read More

Revenue Recognition and closing the reporting GAAP One company earns what the other company spends.  This is business, and it seems like it would be pretty straightforward, accounting for the money coming in and the money going out.  But it is really not that simple when it comes to business financ Read More

Although the IRS allows taxpayers to deduct student loan interest on your Federal Tax Return, there are limitations with this deduction with regards to income, qualified expenses and more. Read More

The second of our Twitter Chats where we talked integrations and add-ons with Xero and Quickbooks plus a host of QBO unconditionals and some random developers who popped in for the chat. We covered many topics relating to integrations, add-ons, life and more. Have a look through the chat let us kno Read More

Young adults in the U.S. today are facing a perfect storm of personal and social pressures than can compromise their financial well-being: record lows in savings, record highs in student and consumer debt, increasing living costs, and uncertain employemnt prospects. It's more crucial now than ever Read More

I just got back from New Orleans, where I had a great time at the FinCon Expo. When you travel for business, you can plan it so that you get a tax deduction as well. Read More