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Business Tips

How to Register a Business

Registration comes as part of the process of establishing a business in any part of the world. If you are new to the process of registration it may seem quite daunting. Here is a breakdown of the steps you need. Read more

Carol Nachbaur
Accounting Tips

How much does a non profit audit cost?

How much does an audit cost for a nonprofit? In the event that your nonprofit organization has decided to undergo an independent audit, a number of factors will determine the audit's cost. By understanding these factors, you can negotiate audit fees and plan for their costs. Read more

Carol Nachbaur
Bookkeeping Tips

Bank Reconciliations: Everything You Need to Know

Bank reconciliation is the process of comparing the records of your company’s ledger to those of your bank. This process helps to determine whether there are any differences between the two financial statements. Learn how to reconcile your bank account and why it is so important in this guide. Read more

Carol Nachbaur
Business Tips

The Ultimate Guide to Payroll

Create a payroll system that meets your needs by reading this guide. We will explain what payroll is, why it's important, how to set up your own payroll system, and much more. Read more

Carol Nachbaur
Tax Tips

Are Tips Taxable?

When you receive a tip as an employee or employer, you are mandated to pay taxes on this additional income. Tips come in different forms, from cash to electronic payments. Learn when you need to pay taxes on your tips, and how to pay them in this simple guide. Read more

Carol Nachbaur
Tax Tips

Long-Term vs. Short-Term Capital Gains Tax

If you are an investor or preparing to venture into stocks, bonds, real estate, or other forms of capital assets, you must be aware of the tax charge on capital gains. Capital gains are subject to tax be it long-term or short-term. Learn the difference here. Read more

Carol Nachbaur
Business Tips

4 Signs It’s Time For Your Business To Hire An Accountant

Hiring an accountant is a big step for any business. For some, in fact, it can feel like one of the moments that turns an idea or a small venture into a real business. Nevertheless, for a lot of small or growing companies, hiring someone in this kind of role is virtually inevitable. Here are four signs it might be time for your business to make the hire. Read more

Callie Austin
Bookkeeping Tips

How Much Does a Bookkeeper Cost?

You may be afraid you cannot afford a bookkeeper, and are putting off getting one. But here's a secret, it's probably even more expensive to do your own bookkeeping. So, what does a bookkeeper cost? In this guide, we'll examine the cost of a bookkeeper versus the costs of doing it yourself. Read more

Carol Nachbaur
Bookkeeping Tips

What is a Cash Book?

Every business must record all of its cash transactions in a cash book. A professional bookkeeper records these data and finds the difference between payments and receipts to determine the amount of available cash. So, how is a cash book prepared? More importantly, what is the importance of a cash book in accounting?  Read more

Carol Nachbaur

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