Steps To Take If The IRS Has Audited Your Small Business

Every business owner has a fear in the back of their mind about getting that dreaded certified letter from the IRS or Internal Revenue Service. While it could be related to any tax question or concern, it could also contain an audit request. This means that an IRS agent is specifically honing in on your past or present year corporate tax return. The process can be tedious and you could possibly be fined a significant amount should you have made a mistake on a past return or fail to turn over all of your financial statements. [Read More]

3 Good Reasons To Hire A Small Business Accountant

Are you excited because you are getting ready to start your own small business? The most important aspect of running a small business is to keep track of the finances, which can be done more precisely with assistance from a professional accountant. Take a look at the information in this article for a list of the services that a professional accountant (such as Teri J Henderson, CPA, P.A.) can provide to your small business. [Read More]

4 Accounting Tips To Keep In Mind As You Start An At-Home Retail Arbitrage Business

Retail arbitrage, the process of purchasing retail items at a discount and selling them online, can be a very lucrative business if you set everything up correctly. If you are in the process of setting up an at-home retail arbitrage business, you need to make sure that you have your accounting set up properly and your eventual tax returns in mind. Here are four accounting tips to keep in mind as you start up your retail arbitrage business. [Read More]

What Every Small Business Owner Should Know About Payroll Mistakes

Dealing with personnel issues can be complicated, particularly when it comes to employee pay. Whether you're contracting a payroll service or handling it on your own, there's always a chance of mistakes happening. Understanding this risk and being prepared to deal with mistakes will help you maintain control over your company's finances and ensure payroll accuracy. Here's a look at what you should know about dealing with payroll mistakes. What Kinds Of Things Cause Payroll Mistakes? [Read More]