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More and more people today are becoming concerned with being replaced by a robot. CFO’s and Financial Managers are starting to consider making investments into automated software to enter credits and debits instead of adding a trained accountant to their team. Srikant Sastry, managing principal at Grant Thornton, says professional bookkeepers shouldn’t worry. “We are
With limited time & resources, managing payroll can be an added frustration that many employers would like to outsource. Why is managing payroll essential and what is payroll management? From auditing timesheets, aligning reimbursements, & understanding complicated reporting systems, processing payroll can be exhausting. And before you know it, the next Pay Period has arrived
Taxes are always at the top of a small business owner’s mind. The Tax Cuts & new Jobs Act have got many small business owners who offers remote jobs wondering how these new changes will effect their liabilities, benefits, & employees in 2018 & beyond. We’ve compiled a few ways these new systems might impact
There are few things more important to s small business than a robust cash flow. From wages to adding inventory or keeping your machines running, you can’t do a thing without steady income. It can take only one unlucky deal or a short quarter to run your limited finances off track. In the case that
Building a business is as exciting as it is infuriating. No matter how well prepared you may be, there will always be hurdles and set-backs. Your team is what will help you reach the goals and sights you set for your company, but you can’t dedicate the capital to an employee, so why not hire
Bookkeeping and Accounting are nearly as old as trade itself. As trade turned to commerce, structures and methods evolved to better account for a business’s profits and losses. We’ve grown further into technical needs of businesses thanks to larger markets, longer trade routes, and technological disturbances. We’ve compiled a list of the top five Accounting
Trump’s Tax Audits Still in the News Donald Trump’s tax returns have apparently been audited every year since 2002 which is not surprising since tax audit data from the Internal Revenue Service indicates that larger and more complex tax returns are much more likely to be selected for examination than those that are simpler and
Some Wise Ways to Spend Your Tax Refund Now that tax season is over and you have your tax refund check, how are you going to use it? Although there may be a number of things you have been wanting to purchase, it might be a good idea to invest at least a portion of
Today is April 18, 2016 and it is Tax Day!!!! Today is the federal income tax deadline day. The last day to file income state taxes. If your business is seeking an outsourced bookkeeping solution, the experienced professionals at Orange County Bookkeeping can provide you with the expertise you are looking for. Our licensed accountants
Tax Deductions for You! We have complied a list of the top tax deductions for the current tax season. Most of these tax deductions are items that taxpayers encounter frequently. Keep in mind, however, that this is a small list of the most important tax deductions and that