by Nolan Accounting | Nov 3, 2021 | Expenses, Small Business Accounting
Cutting expenses has become an unfortunate reality for business owners across the country for a variety of reasons: the rising cost of supplies, payroll, and keeping your work environment safe from COVID-19, to name a few. Cutting expenses is never easy, but sometimes...
by nolanacct | Aug 15, 2020 | Expenses, Small Business Accounting, Tax Laws
Paying your employees well is important, but compensation involves more than what hits a person’s bank account a few times each month. Many employees place a high value on the employee benefits package they receive from their employer. According to the Society...
by nolanacct | Jun 12, 2020 | Expenses
Keeping track of how much money is coming in and going out of your business is essential. It’s so critical that failing to do this could have dire consequences for your business. In fact, the number one reason that small businesses fail is due to cash flow issues. So,...
by nolanacct | May 30, 2020 | Expenses, Small Business Accounting
Running a business in the midst of a global pandemic can be challenging. According to a weekly survey released by the U.S. Census Bureau, 51.4% of businesses report a significant negative impact from the effect of COVID-19, and 31.4% anticipate that it will be more...
by nolanacct | May 11, 2020 | Expenses
As a small business owner, you have a lot to manage in addition to pleasing your target audience. A growing concern for anyone that operates a business is how to keep data safe from potential scammers. Whether you trust an IT person with all of your online stuff or...
by Nolan Accounting | Oct 22, 2019 | Expenses, Small Business Accounting
The Internal Revenue Service (IRS) recommends that business owners keep good records for a variety of reasons. Maintaining timely and accurate records allows the business to monitor its progress and success, identify where income comes from, track expenses the company...