It’s no surprise that millions of Americans experienced massive losses due to the effects of the COVID-19 pandemic. Besides being a health risk for individual workers and common citizens, the pandemic’s impact on the economy led to businesses and whole industries shutting down. Thankfully, the United States Congress, spearheaded by POTUS Joe Biden, enacted the …
An Overview of the American Rescue Plan Act’s Tax Provisions Read More »
A small business owner often has plenty of things on his plates. Often, owners have so many tactical decisions to make that they miss the forest for the trees, focusing on short-term concerns and neglecting factors that drive broader trends in their business. For example, it is easy to set aside financial reports when you …
5 Numbers a First-Time Business Owner Must Always Monitor Read More »
Looking at balance sheets and knowing how to interpret them is a required skill for any business owner. It’s what gives you a quick view of your business’s financial standing even without the help of accounting services or a bookkeeper. Without a balance sheet, business owners will be grasping at straws, and accountants won’t be …
Balance Sheets: What They Are and Why They’re Important Read More »
The end of the year is approaching, and during these times, entrepreneurs should be preparing for the biggest sale season coming: the holiday and end-of-year sale! Despite the many problems arising in the world today, the online shopping industry just gets better because of the high demand, and that is one fact every business should …
Here Is Why a Bookkeeper Is a Necessity for Every Business Read More »
An accountant plays one of the most vital roles in a company. Without them, your company’s financial information will not be compiled, translated, and recorded to sustain your good business standing and financial health. As a small business owner, you’re still probably learning about your accountant’s primary responsibilities. Perhaps you fulfill the role yourself since …
The Job of Accountants: A Guide for Small Business Owners Read More »
According to a survey conducted by Accounting Today, an estimated 47% of businesses across the U.S. still don’t use an accountant to aid their financial matters. At Bianchi & Associates, we believe a huge factor in this statistic is that many business owners simply don’t know what they’re looking for. But hiring an accountant doesn’t need to …
Small Business Help: 9 Tips for Hiring an Accountant Read More »
With Washington talking about tax cuts non-stop lately, small business owners are stressing out. Some are worried that the tax cuts may end up burdening their business while others are worried about how it could affect their bottom line. If you’re still managing your finances on your own, it’s time to find an accountant. Finding an accountant …
How to Find an Accountant You Can Trust With Your Business Read More »
Professional Certified Accountant Rochester, NY When there is a lack of appropriate accounting practices, a business might suffer from funding problem financially and operationally. Accountant Rochester, NY is a company that is obliged to take care of such issues with hands on strategies. If you have an operating business, surely you understand how much a …
Accounting services are now available to help you in your business. Failure to take all business transactions into account is one of the reasons for more than 60% of the cases of business failure. Accounting services will help you to know how you have truly performed, whether profitably or otherwise. For instance, when you buy …
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