Bookkeeping Tips: Understanding Your Chart of Accounts
Understanding your Chart of Accounts is key to creating accurate financials statements. Your Chart of Accounts is a complete list of the ledger accounts you will use to record transactions…
Get Organized! Your Small Business Will Thank You!
If there is one thing I’ve learned while running a small business, it’s that nothing gets accomplished without organization. While there must be room for “creative freedom” in most industries,…
Sales and Use Tax Part II
Sales and Use Tax for Business in North CarolinaPart II: Nexus Last month’s blog covered what sales and use taxes are, as well as how businesses file and pay them….
Sales and Use Tax in NC
Sales tax is a large topic. In this portion, we will define the different types of tax and tax rates as well as answer questions about how to pay and…
Summer Hiring for Your Small Business
With business laws continuously changing, it’s hard to keep up with all of the federal rules and regulations for running a business. What do I have to do and what…
6 Tips to Prevent Fraud in Your Business
Think fraud can’t happen in your business? Think again! Fraud occurs when there is motive, opportunity, and rationalization. If you can reduce the opportunity for fraud, you minimize the chance…