Posts Tagged ‘taxes’

Tax Day Is Almost Here. Are You Ready?

Tax Day is sneaking up on us and, per usual, people are procrastinating.  It’s estimated that almost one-third of Americans wait until the last minute to file their annual tax return for one reason or another.  With two weeks to the dreaded day, your trusty bookkeeping service provider wants to share a few tax-time tips with our favorite small business owners. Helping your small business better prepare for Tax Day is a win-win.  Your financials will stay in tip-top shape and keep Uncle Sam off your back.  And, us bookkeepers won’t have to sleep at our desks and develop those […]

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‘Tis the Season of Giving (and Tax Deductions)

As small business owners, we’re all looking for ways to support our community during this season of giving.  Whether it be a local organization or a global cause, providing a charitable donation is not only good for the soul, but also for boosting company morale and customer perception.  Not to mention, the benefits of that beloved tax deduction. If you make a charitable donation before December 31, you may be able to write it off on your 2013 taxes. Sponsoring a local charity event, donating inventory or services, making a cash donation, or volunteering, are all considered forms of charitable […]

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DEADLINES.

DEADLINE.  It’s a loaded word with an ominous connotation.  In the world of bookkeeping, the only thing that can make the word any more threatening is to throw “IRS” in front of it. Another critical IRS deadline is fast approaching for those that requested a 6-month extension and many small business owners continue to wait until the last minute to get their books in order to file taxes by the October 15 deadline. This habit of procrastinating is equally demanding and stressful for not only the business owner, but also the company’s bookkeeper. Save this government link for important tax […]

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ProLedge Bookkeepers – Tailor Made For Your Business

As a financially responsible business owner there’s a lot to keep track of: taxes, cash flow, expenses, profitability, growth.  Of course, that’s in addition to daily operations, inventory management, employee management, sales and marketing.  You’ve got a lot of important responsibilities on your plate. They’re all important, but the one thing that could send the whole operation rolling down hill fast is bad bookkeeping – poor knowledge and documentation of your revenue and outgoings.  Many businesses who were otherwise very successful have collapsed from mismanagement of financial records. Many seemingly profitable (and growing) companies have folded quickly due to unexpected […]

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Bookkeeper Breakdown: What Does Your Growing Business Need?

As a growing small business owner, you might find the bookkeeping portion of running your business becoming more and more important… and complicated.  You know it’s time to bring in a professional, but you aren’t sure which direction to turn. You could hire a full-time bookkeeper.  And pay them a full-time salary with benefits to sit in your office everyday, get the work done, and then chat it up in the break room, IM with cohorts and play Candy Crush Saga on Facebook when there’s nothing left to do.  You could definitely do that.  Or, you could consider remote bookkeeping […]

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Find the Financial Benefits in Giving Back to Your Community

As you work with your favorite bookkeeper or tax professional this season, you’ll likely go over any charitable contributions your company made in 2012.  And you’ll probably kick yourself when you realize you could’ve done more and been rewarded with not only financial savings, but also the feeling of satisfaction in making a difference in your community. In 2013 we encourage you to seek out a local 501(c)(3) organization that has synergy with both your core values and corporate objectives. Next, decide how best to involve your organization with the charity.  Perhaps you have excess or obsolete inventory that makes […]

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