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Old Invoices, New Rules: Tap Into the Power of the AR Aging Report
For many businesses, accounts receivable (AR) are more than just a line item on the balance sheet. This account provides…
6 Essential Tips for Small Business Payroll Tax Compliance
Staying compliant with payroll tax laws is crucial for small businesses. Mistakes can lead to fines, strained employee relationships, and…
Corporate Business Owners: Is Your Salary Reasonable in the Eyes of the IRS?
Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s compensation…
Loan Applications: How to Strengthen Your Hand in Today’s Credit Markets
In recent years, interest rates have increased and credit has tightened. Under these conditions, which are expected to persist in…