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How to Determine your Salary in an S-Corp

How to Determine your Salary in an S-Corp S corporations are a great solution for the right kinds of businesses. However, they come with strict salary rules for their owners. You’re in business to make money to feed your family, send the kids to college or drive the sports car of your dreams. But when…
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Advantages & Considerations of Outsourcing Accounting Tasks

Why You Should Consider Outsourcing Accounting Tasks As a business owner, you might want to outsource your accounting for many reasons. You likely are not an accountant, so why struggle with issues and concepts that aren’t a part of your core business? Instead, consider working with an expert on an outsourced basis to manage this…
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Stop Continually Worrying About Accounting

Two Tips on How to Stop Continually Worrying About Accounting Running your business takes a lot of effort. You have to find new customers, take care of your existing customers, manage employees, oversee marketing and sales, and develop new products and services. Accounting and finance is not on that list, but it is equally critical…
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Monthly and Yearly Closing Reports

Help! Getting Through Monthly and Yearend Closings At the end of each month, you need to complete a month-end report to update your accounting statements. You also have to issue a year-end report and mail IRS Form 1099s to vendors for their taxes. Monthly and Yearly Closing Reports (What to do?) Following are just some…
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How To Run Your Small Business Like A Big Business

How To Run Your Small Business Like A Big Business For Greater Profit As a small business owner today, you are going to need to know how to run your small business like a big business for greater profit. You will have to be resilient and able to face more – and better – competition…
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A Word from the Wise – Business Startup Advice:

Having a business of your own is pretty much most people’s dream! The overwhelming desire to be your own boss is one of the things most people can relate to. Although not everybody takes that leap of faith, owning and running your own business can be a reality. The common misconceptions about being your own…
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