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Regain Billable Hours by Outsourcing Payroll Today

by nolanacct | Jan 15, 2020 | Small Business Accounting

You can’t exactly operate your business without running payroll. After all, people work to earn money and you don’t need dozens of angry employees on your hands. Unfortunately, you can’t bill anyone for the hours you spend preparing employee paychecks.  When you have...

How Changes to the Kiddie Tax Law Might Affect You in 2019

by Nolan Accounting | Nov 7, 2019 | Tax Laws

The Internal Revenue Service (IRS) passed legislation in 1986 called the Kiddie Tax Law to prevent parents with a high net worth from transferring the reporting of interest earned on investments to their children. Parents sometimes took this action to avoid or lower...

How the Invoice Terms You Choose Can Affect Profitability

by Nolan Accounting | Aug 21, 2019 | Small Business Accounting

The whole point of going into business for yourself was to have greater control over your own income. Before your business can collect any money, however, it needs to send invoices to customers that have already received goods or services. Unfortunately, this process...

3 Key Tax Issues That Are Critical to Operating Your Start-Up

by Nolan Accounting | Jul 17, 2019 | Small Business Accounting

As a new small business owner, making the right choices from the start means minimizing your tax burden, taking advantage of tax breaks for business owners, and avoiding potential fines and other consequences later. We discuss three of the most important start-up tax...

What Will Your Business Gain by Outsourcing Payroll?

by Nolan Accounting | Mar 30, 2019 | Small Business Accounting

Although running payroll is necessary, your company doesn’t earn a profit from doing it. It also does nothing to help highlight the differences between you and your closest competitors. That means that it meets the definition of a non-core function.  For these...

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