SMART BUSINESS ARTICLES

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small business accounting (5)

Young entrepreneur plans for a successful startup

Why a CPA should be the first hire at your startup

It may not be where your hiring strategy goes first, but it should be. 90% of start ups fail. Often that’s because owners see it as their duty to do...

What a recession might mean for your restaurant

What a recession might mean for your restaurant

A recession is bad for all businesses but can be especially rough on restaurants. Margins are already tight, and staffing issues can often compound...

Know how to read your financial statement

How to Read Financial Statements: A Small Business Owner’s Guide

It’s easy to want to skip to the "bottom line" of your financial statements, but like any great story, you’ll need context for the ending to make...

How to Recession-Proof Your Business

How to Recession-Proof Your Business

We’ve got an overheated economy and a bear market. IF we reach a recession this year, is your business ready?

Smiling man in glasses working on a laptop at a well-organized desk, representing the efficiency of OCR and accounting software integration for streamlined bookkeeping.

How OCR and Accounting Software Make Bookkeeping a Breeze

If you've ever spent hours sorting through receipts and typing up numbers into your accounting software, you know that bookkeeping isn’t always the...

Accounts Payable automations are changing accounting. There's a lot to love about AP automation, and it might be just what you need to save time and money.

How AP Automation Solutions Are Changing Accounting

If you're a business owner feeling a bit wary about automating your accounting, it’s completely understandable. But there's a lot to love about...

Human Capital Management (HCM) software can streamline HR tasks, improve payroll processes, enhance organizational efficiency, and improve productivity and the employee experience

HCM 101: What Is Human Capital Management?

Employees are the most important assets of any business. And while your people are your most valuable assets, managing your employees...

Employee Retention Credit (ERC)

Employee Retention Credit (ERC)—You Might Still Qualify

Did you know that you might still qualify for the Employee Retention Credit? Find out what it is and whether you qualify in this helpful...

IRS Estimates the Tax Gap Totals Hundreds of $$BILLIONS

IRS Estimates the Tax Gap Totals Hundreds of $$BILLIONS

If you are a small business owner, and you have never experienced an IRS audit, consider yourself fortunate. Be aware though, the...

Millions of Backlogged Tax Returns

Millions of Backlogged Tax Returns

If you are one of the many people wondering what happened to the refund you expected from your 2019 federal tax return, you are not...

REMINDER – Required IL Sexual Harassment Prevention Training

REMINDER – Required IL Sexual Harassment Prevention Training

On July 1, 2020, Public Act 101-0221 amended the Illinois Human Rights Act (IHRA) requiring Illinois employers to...

Widespread Fraud Scheme Impacting All State Unemployment Programs

Widespread Fraud Scheme Impacting All State Unemployment Programs

WARNING Unemployment fraud is impacting Pandemic Unemployment Assistance (PUA) programs across the nation. Claimant fraud can include...