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The Importance Of Contemporaneous Records
If you've ever browsed through the IRS tax code, you’ve likely stumbled upon some unfamiliar vocabulary. One such term that tends to leave taxpayers scratching their heads is “contemporaneous.” This word plays a crucial role in how you manage and maintain...
How To Prepare Your Books For Tax Season
Tax season is a critical time for business owners, and preparation is key to a smooth filing process. If your books aren’t properly organized and up to date, tax season can quickly become overwhelming. Taking the time to prepare your books in advance can save...
How Payroll Affects Your Business’s Cash Flow And Financial Health
Payroll is one of the most crucial yet complex aspects of running a business. Beyond simply paying employees, payroll directly impacts your business's cash flow and financial health. For business owners, especially those managing small to medium-sized...
From Startup To Scale: The Role Of A Part-Time CFO
Starting a business is an exciting venture filled with opportunities and challenges. As a business grows, the complexity of managing its finances can increase significantly. For many startups and small enterprises, the question of financial management often...
How To Know It’s Time For A Tax Planning Session
When it comes to managing your finances, tax planning is a crucial element that should not be overlooked. Whether you're an individual or a business owner, taking the time to plan for your taxes can save you money, prevent surprises, and ensure you're making...
Take Steps To Protect Your Personally Identifiable Information
Safeguarding your Personally Identifiable Information (PII) has never been more crucial. This is why the IRS, Federal Trade Commission (FTC), and other federal agencies are placing an increased emphasis on PII protection. In this article we'll explain...