In the business world, you have to spend money to make money. Part of that spending money portion of doing business comes in the form of paying your taxes. It can become a large expense if you aren’t taking advantage of all the tax credits that are available to you. Some business owners aren’t aware…
Anyone that has opened and is running their own restaurant can tell you, the profit margins aren’t that large. You have to be an excellent money manager to make it work. Usually, it requires the help of professionals to help you keep track of all the records you have to hopefully help you improve those…
There are several menial tasks that come with owning and operating a successful business. A big one is bookkeeping. Just because you own a business, doesn’t mean you want to do all the behind the scenes things like accounting and bookkeeping. It can seem redundant, at best. However, neglecting this side of doing business can…
Tax planning is not just for big corporations or the ultra-wealthy. Whether you’re an individual taxpayer, a small business owner, or a large organization, smart tax strategies can save you time, money, and stress. But how do you know if you should hire a professional for tax planning strategy services? Mark Dicus & Company would…
Running a small business can be incredibly rewarding, but it also comes with a host of financial responsibilities. One common question for entrepreneurs is when it’s the right time to hire a small business accountant. While some business owners manage bookkeeping and taxes on their own for a while, there comes a point when professional…
As a business owner, it is vital that you have a finger on the pulse of your financial health as a business. The only way to truly do this is with strict bookkeeping habits. This can be difficult to handle on your own when you are trying to run a business too. That’s why it…
As a business owner, it is always the goal to grow your business and reach as much success as possible. This means that you will need to have a growth mindset and accurate bookkeeping. While bookkeeping might not be your first thought, it is something that is often overlooked by business owners that are eating…
Financial statements are essential tools for understanding the health and performance of a business or personal financial portfolio. While some basic bookkeeping or budgeting can be done independently, there are times when a professional financial statement is not just helpful—it’s necessary. Knowing when to bring in a certified accountant or financial advisor to prepare a…
Starting and running a business involves many moving parts, from managing operations to building customer relationships. Among all these tasks, one crucial aspect often overlooked is tax planning. Many business owners focus on growing their company but don’t fully realize how strategic tax planning can impact their bottom line. Proper tax planning not only helps…
There are several things about being self employed that are appealing to many. The fact that you are your own boss, can make your own schedule, and have as much time off as you would like, all sounds like a dream come true. While this can be a great way to live, there are some…
