by nolanacct | Jun 30, 2020 | Uncategorized
Every business owner knows that assets lose value over time. They also know that purchasing a new asset today can have an immediate impact on cash flow even though it will likely help in the long run. The Internal Revenue Service (IRS) understands this as well, which...
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 Nolan Accounting | Jul 5, 2019 | Small Business Accounting
It’s essential for all business owners to know at least 12 basic accounting terms. This ensures you can speak with authority to anyone who asks financial questions about your business. Here are the accounting terms we recommend: Assets Assets include...
