The Importance of Accounting

The Importance of Accounting

Why is accounting a vital part in running a successful business?  It’s all about creating the freedom you want for yourself and for the ones you love.  The structure of any business is that money comes in and that the money goes out.  Accounting looks at this closely...
Home Office Expense

Home Office Expense

One of the deductions we find missing on may tax returns prepared by other accountants is the home office expense. You can deduct expenses for the business use of a work space in your home, as long as you meet one of the following conditions: it is your principal...
How to pay a subcontractor

How to pay a subcontractor

Some jobs are too big to handle on your own and you may need to bring on a subcontractor either for a certain period or project. Determining whether someone is an employee or an independent contractor is a larger topic for another day but once you have determined that...