Proper bookkeeping is one of the hardest aspects for many small businesses. Mistakes are easily made and the entire accounting system is disrupted. To prevent some of the most basic bookkeeping mistakes small and even large businesses will hire a professional accounting and bookkeeping service. There are many benefits of using a professional bookkeeping service.…
When you are running a business especially a small business you need to make sure that you are very aware of how well your business is doing. It can be difficult especially when you are going through a hard time to stay afloat and know what is working and what is not working for you.…
If you are running a business then you know that you are required to file and pay your share of taxes. The tax world can be difficult to understand and to navigate with rules and breaks that can be used depending on how much you make, what you sell and what you donate. It is…
Typically, after April 15 you do not hear much about the tax deadline. In 2020 a historical decision was made to extend the 2019 tax deadline to July 15, 2020 instead of the traditional date of April 15. This decision was made because of the worldwide COVID-19 pandemic. If you have not filed your taxes…
There are lots of things you need to do to run a business. You have to have a product or service that people want and you need to keep track of what you are making. A business that is not making money has to make some changes to stay afloat. You want to make sure…
There are so many things in your life that are unique to you and your family. The way that you go about your day to day life is different from the way other families operate. The foods that you eat routinely differ from family to family. The décor in your home suits your individual taste.…
Whether you are running a business or you are just a standard employee that works a 40 hour week you need to know what to do about filing taxes. Each person that is making money in this country is required to pay their fair share of taxes. This is something that can become stressful for…
Running a business can be a stressful and rather difficult experience. There are a number of different aspects of the business that must be monitored. One of the most difficult aspects of running a business is keeping track of the business’s accounting and bookkeeping. It is common for businesses to outsource the accounting and bookkeeping…
All companies and businesses are seeking ways to increase their profits and monitor their business’s success. A business’s success is based on its profits and how much money comes in and out. When a business wants to know its financial performances, there are some key components they can monitor. Mark Dicus & Company will share…
There are millions of taxpayers in the service industry that receives tips. If you receive tips you must report them as income, according to the tax code. Where some employers have a system to simplify the tip reporting, others do not. Today, we at Mark Dicus & Company would like to offer some suggestions regarding…
