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“Bookkeeping for Dummies” states that without bookkeeping, it’s impossible to measure the true success or failure of your business dealings. You won’t know that your $2,000 per-month magazine ad campaign isn’t worth the investment. You’ll have no idea why you barely have enough money to operate your business, and you won’t know where the money...
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Owning a successful business and actually running one are two quite different things. You might have huge amounts of capital and plenty of regular customers, but your business won’t thrive if you don’t have effective bookkeeping skills as well — at least if you intend to run the financial side of things yourself.   Bookkeeping is an essential role that every...
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Dealing with taxes is a fact of life for small business owners. Annual expenditures for taxes for most owners are likely their largest outlay each year, exceeding rent or mortgage payments, marketing costs, and vehicle expenses (the only possible larger expenditure is payroll). Beyond payments to the government for all of the taxes you pay—income...
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Finding out that you owe taxes can be a bit unnerving, especially if you owe more than what you expected. Don’t worry — it is not the end of the world if you’ve gone through the numbers and you’re left with a tax bill. Here are a few steps to take: Get Ahead of It You...
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Tax season is approaching. But for many businesses, managing taxes can be a yearlong undertaking. In fact, there are many different types of deadlines you should be aware of throughout the year. 2019 Tax Calendar Here are the most important tax dates for businesses to know in 2019. 1099 Mailing Deadline, January 31 If your business works...
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Top 7 Benefits of Outsourcing Your Bookkeeping Operations The rise of the online community has changed the way in which we do business forever.  It has brought us closer to people that can help with our day to day operations as well as backend business needs, enabling our businesses to run smoother and turn more...
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The Internal Revenue Service (IRS) might have your money. The tax agency has announced that more than $1.4 billion in outstanding refunds remain unclaimed from 2015. Yes, billion. That represents more than one million taxpayers who might have qualified for a refund but who did not file a federal income tax return for 2015. If you are...
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FLINT TWP, MI – A Lansing-based company is set to occupy a vacant 41,000-square-foot space inside the former Furniture Row building in Flint Township. Peckham Inc. is expected to begin renovations in February to the building at 3080 S. Linden Road for approximately 30,000 square feet of manufacturing space and 8,000 square feet of office...
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It’s my annual “Taxes from A to Z” series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim home office expenses or whether to deduct a capital loss under the new law, you won’t want to miss a single letter. C is for Credit for the Elderly...
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FLINT TWP, MI — The former Toys ‘R’ Us store in Flint Township is growing up. Ashley Furniture HomeStore will move in after the South Linden Road retail toy store location closed in mid-2018 when the company shut down stores across the country. Tracey Tucker, the township’s economic enhancement director, said building permits have already...
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