Category Archives: Small Businesses

How Small Businesses Need To Prepare For ASC 606

Starting December 15, 2018 all small businesses will need to implement Accounting Standard Codification (ASC) 606 to properly file 2019 annual income taxes. This upcoming change will definitely require some preparation since it is a complete revamp of current revenue reporting guidelines. These new revenue recognition standards will be used for accounting revenue from customer […]

Employee Theft Exists Within Your Small Business

Operating a small business without a doubt has its fair share of problems. Take a second and think of four or five things your business is struggling with. I’m sure that was easy. If I was to guess, the business issues you are having deal with finding employees or getting new customers. Or maybe you […]

Trump's Tax Cuts Effect on Small and Mid-Sized Business

This is the year that President Trump makes due on his promise to “bring back Main street” by introducing the new tax laws for small business owners to reduce their tax burdens and increase the opportunities to grow their business. Since the tax cuts plan is now finalized and set in law, business owners and […]