"The Balanced Pages" by J&S Accounting is a valuable blog for small business owners. It offers expert financial advice, tax updates, unbiased perspectives on business tools, and insights into entrepreneurial trends. The blog also features success stories, occasional case studies, and will soon provide a platform for community interaction, making it a comprehensive and useful resource for small business owners.
While accounting may deal with numbers, writing is the language that brings those numbers to life, telling the story of a business's financial health.
Effective debt management is essential for business owners who wish to maintain financial stability and long-term success.
If you receive payments through Paypal, Venmo, or Cash App as a freelancer or side hustler, you should know the new income reporting regulations. The IRS has updated the 1099-K tax form requirements, which will affect how you report your earnings in the future.
Are you still managing your small business bookkeeping using spreadsheets in 2024? It may be time to upgrade to a more efficient and strategic solution. Have you considered utilizing QuickBooks to avoid missing out on opportunities, minimize tax liability, and plan strategically for your business growth?
National Small Business Week 2024 is a time to celebrate the resilience and innovation of small business owners from April 28 to May 4, 2024. Sponsored by the Small Business Administration, it honors their contributions to economic growth and community vitality.
March Promotional - only 3 spots available!
Discover the transformative power of a positive money mindset for entrepreneurs. Learn actionable steps to shift from scarcity to abundance, set clear financial goals, view expenses as investments, and celebrate milestones.
Learn to gauge the health of your business with these key indicators: steady revenue growth, strong customer base, positive cash flow, competitive advantage, employee satisfaction, operational efficiency, goal achievement, market position, innovation, and adaptability.
Take proactive steps to safeguard your business's stability with an emergency fund. Learn how to start small, trim expenses, open a specialized savings account, automate savings, and adapt over time.
Explore the nuances of cash and accrual accounting, two fundamental methods that significantly impact financial reporting and tax obligations for small businesses. This comprehensive guide delves into the pros and cons of each method, helping business owners make informed decisions based on factors like size, industry, and transaction complexity. Whether aiming for simplicity with cash accounting or accuracy with accrual, this resource provides insights and expert advice to guide businesses in choosing the most suitable accounting method for their unique needs.
This post offers a guide on making the most of a tax refund. It covers diverse strategies, including debt reduction, student loan payments, establishing an emergency fund, contributing to retirement, and reinvesting in your business. The emphasis is on strategic financial decisions to improve overall financial well-being.
This post emphasizes the advantages of outsourcing bookkeeping services for businesses. It highlights cost savings, access to expertise, time liberation for business focus, and stress-free tax seasons as compelling reasons to consider outsourcing this crucial financial function.
This article stresses the importance of effective cash flow management for businesses, offering key strategies such as planning for fluctuations, reducing expenditures, and sustaining cash inflows. It advocates consulting with an accountant for expert guidance on assessing reserves and ensuring seamless operations.
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Disclaimer:This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business from a professional accountant. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. J&S Accounting does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. J&S Accounting does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.
This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business from a professional accountant. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. J&S Accounting does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. J&S Accounting does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.