How to Find an Accountant

It’s tax time again.  If you are new in business (or need to find a better option than what you have now) it may be time to look for an accountant.  How do you find the one that is right for you and your business?  Here are a few tips to help you get started....

Temporary Location Sales Tax Permits

Do you sell products and remit sales tax to your state tax agency?  Do you sometimes sell your products a craft fairs or temporary locations?  Are you aware of the regulations regarding these types of sales?  As you are probably aware, when you sell a product in your...

Why It’s Important to Separate Business and Personal Funds

Many small business owners run their financial transactions though personal bank and credit card accounts thinking it is easier (and possibly less expensive).  As a business owner, you need to have separate bank and credit card accounts for many reasons. 1. The...

Why You Should Register for an EIN as a Sole Proprietor

An EIN (Employment Identification Number) is assigned by the IRS for businesses that have registered as any type of entity (corporation, partnership, trust, etc.).  It is the number used to identify the business for tax purposes, and to allow the business to open...

States Considering Charging Sales Tax on Accounting Services

The AICPA’s (American Institute of CPAs) Advocacy program states that as many as 24 states “anticipate that their 2013 legislature will consider a proposal to tax accounting services.” Let me start by saying I am not a CPA, nor do I prepare income...

What to Do With Un-Cashed Paychecks

Did you know that if an employee does not cash a paycheck that you can’t just void it in your system once it has become stale dated?  If you notice there are un-cashed checks in your accounting file after a reasonable period of time for them to have been...

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