What's Your Number? An Accounting Blog
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What's Your Number? An Accounting Blog

Keeping track of income and expenses is essential, even if you don't own a business. And if you do own a business, things get even more complicated. There are paychecks to issue, taxes to track, and subcontractors to pay out. All of these details are a whole lot less challenging when you hire an accountant to oversee them. However, it is still important to know a little bit about accounting yourself. Dig into the articles on this website, and you'll gain a better understanding of accounting principles, what services accountants really offer, and the benefits of hiring these professionals to assist with your finances.

What's Your Number? An Accounting Blog

  • Do Accounting Advisory Services Make Sense For Your Small Business?

    22 January 2020

    Do you contract with an account to handle your small business' accounting needs? Even one-person operations can benefit from professional bookkeeping, especially around tax time. Working with an accounting firm for these purposes makes sense, but you may be missing out on many profitable opportunities if these are the only times you get in touch with your accountant. Business advisory services are a growing trend in the world of accounting, and they offer small business owners many potential benefits.

  • Growing Your Business? Why You Need Three-Way Matching In Accounting

    21 January 2020

    As your business grows, you will undoubtedly need more help to do things like paying bills, enacting collections, purchasing, and estimating. As more employees are involved in these processes, your company needs a way to ensure accuracy and timeliness.  One of the best ways to do this when it comes to paying invoices is to use three-way matching. What is three-way matching, what are its benefits, and how can you implement it?

  • Work For Tips? 5 Reasons To Report Them Regularly

    20 January 2020

    For many people in the service industry, dealing with tips is an essential but sometimes challenging part of earning a living. Do you have trouble keeping up with the rules about reporting tips to your employer and to the IRS? If so, it may help to understand the value of reporting on a regular basis rather than falling behind or being haphazard. What are some of the benefits of doing so?

  • Suspect Embezzling In Your Store? Take These Steps

    20 January 2020

    If you're missing funds from your store's financial accounts, you could have an embezzler within your ranks. Embezzlers are people who take money from their clients or employers. People who embezzle funds often use undetectable methods, such as falsifying records or manipulating numbers, to take small amounts of money from your accounts over a period of time. Here are steps you may consider taking to find the suspected embezzler in your company.

  • Starting A Social Media Empire? 4 Tax Tips You Need

    17 January 2020

    Are you going into the potentially lucrative business of building a social media or blogging presence? Modern entrepreneurs have more opportunities than ever before to earn money at home, doing things that they love. But just as with any commercial endeavor, it's important to understand how to stay within the tax rules in order to avoid legal and financial trouble.  So, what should you know about taxes as you grow your branded business?