How Much Should You Be Paying Your Employees?

People may bring different passions and motivations to their respective workplaces, but all employees will ultimately be working so they can earn a steady paycheck to support themselves and their families. Therefore, salary is one of the top considerations that employees will make when determining where to work or whether it’s time to seek other […]

Which Documents Do You Need to Provide to Your Bookkeeper?

When you outsource your bookkeeping to an accounting firm in Tucson, you can save yourself a lot of time and stress by organizing your business’s tax information and financial statements and ensuring that everything is filed correctly and on time. If, however, you don’t provide the right documentation to your bookkeeping professional, he or she […]

Choosing a Payroll Service for Your Small Business

Paying employees is about more than keeping track of hours and cutting a few paychecks. For this reason, small business owners often find the payroll process quite overwhelming. Whether a business has one employee or dozens, working with an outside payroll service can help business owners learn how to compensate employees, regulate business deductions, and […]

Correcting Accounting Journal Entries

Tucson accountants use journal entries for adjusting the balances of ledger accounts in order to recognize accruals, liabilities, and other expenses. If the entry is incorrect, an accountant needs to correct the mistake to maintain the integrity of the ledger and the financial reports. Understanding which approach to take when correcting a ledger is crucial, […]

Avoiding Common Tax Mistakes Among Small Businesses

For every small business, nearly every aspect of the company has potential tax ramifications. This doesn’t mean that small business owners should worry, but they should plan ahead and get as organized as possible. This includes learning how to avoid the most common tax mistakes among small businesses. Doing taxes on your own If you’re […]

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