Cash is tight for many small businesses right now as non-essential activities are being restricted. Of course, health and safety are paramount during these difficult times. But, no doubt, the health of your business is also on your mind. Finding ways to save cash can help you to weather this storm. But what are some […]
Category Archives: Help
04
Feb
Feb
The beginning of the year is a busy time for business owners. It’s also the most stressful. Most business owners want to ensure they have accurate records before they provide them to their tax professional. But where to start? We’ve provided a handy checklist to help you. This checklist should give you a basic outline […]
05
Nov
Nov
Each year we prepare hundreds of 1099s for our clients. As we’ve discussed in previous blog posts, the IRS requires businesses to file 1099s each year for specific vendors and payments. Often, our clients are very surprised when we prepare their 1099s for the first time. Generally, we will ask about payments to vendors that […]
29
Oct
Oct
It’s time to begin thinking about year-end! Can you believe it? What do you see as your greatest accomplishment this past year? With the year-end approaching, we often get asked several questions on how to get ready. We thought this year we would provide a short Q&A list to help prepare for Year-End. Why do […]
16
Jul
Jul
A common question from our clients is how to determine if a worker should be considered an employee or a contractor. Typically, this issue comes up in the process of setting up a new business. Let’s explore some differences between employees and contractors to help you classify your workers properly. Why it matters Employees can […]
Challenge Accepted, General Business, Help
Challenge Accepted: Where to Find Good Advice For Your Business [Part Six]
08
May
May
This is the sixth part of our Challenge Accepted series. Today we are talking about how to find good advice for your business. It can seem simple these days to get a plethora of advice. All you have to do is type your question into Google and it pulls up tons of advice! Challenge There […]
12
Mar
Mar
During tax time each year, you find that are usually stressed. You want to save for taxes, but you are struggling to do so. If this is your situation, you are far from alone. As a business owner myself, I used to dread this time of year because of taxes. Adopting one regular habit changed […]
27
Nov
Nov
We are reaching the home stretch – only a few more weeks left in the year! Even though the end of the year is close, it’s not too late to schedule a meeting to talk with your CPA or tax professional about taxes. “But taxes don’t have to be paid until the Spring.”, you might […]
14
Nov
Nov
We have already mentioned a lot of interesting things that you can do with Xero Files such as attaching a W-9 to a contact, and organizing your documents. Today we are going to focus in on how you can attach images of checks through Xero Files and how this can help you automate even more […]
01
May
May
If you want a better understanding of your banking activity, the Bank Reconciliation Summary is a very useful tool to use. We use this report every day while we are working within Xero and we want to share with you how useful it can be too. Where do you find the Bank Reconciliation Summary? In […]