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From the Blog

10.15.2024 09:44

2024 Tax Season Prep: A Small Business Survival Guide

2024 Tax Season Prep A Small Business Survival Guide

When small business owners are busy overseeing day-to-day operations and focusing on the core functions of their businesses, they have little time left to think about taxes. Unfortunately, fiscal years tend to fly by when you're having fun (running a...

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10.14.2024 06:14

Advantages of keeping your business separate from its real estate

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating real estate ownership from the...

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10.14.2024 06:14

Working capital management is critical to business success

Success in business is often measured in profitability — and that’s hard to argue with. However, liquidity is critical to reaching the point where a company can consistently turn a profit. Even if you pile up sales to the sky, your...

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10.08.2024 08:25

Illinois Bookkeeping Checklist: Stay Tax Compliant

illinois-business-bookkeeping-checklist

Illinois, the fifth-largest economy in the U.S., offers a strategic location for entering the Midwest market. However, to succeed, businesses must follow a comprehensive Illinois bookkeeping checklist to navigate the state's complex tax regulations and stay compliant. This guide provides...

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09.20.2024 02:13

Help ensure your partnership or LLC complies with tax law

When drafting partnership and LLC operating agreements, various tax issues must be addressed. This is also true of multi-member LLCs that are treated as partnerships for tax purposes. Here are some critical issues to include in your agreement so your...

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09.18.2024 02:20

Which leadership skills are essential to strategic planning?

To help ensure continued stability and profitability, businesses need to engage in some form of strategic planning. A recent survey by insurance giant Travelers drives home this point. In its 2024 CFO Study: A Travelers Special Report, the insurer surveyed 610...

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09.17.2024 06:50

The Benefits of Professional QuickBooks Support for Small Businesses

The Benefits of Professional QuickBooks Support for Small Businesses

QuickBooks is one of the digital building blocks for small businesses across America. With millions of users, ranging from solopreneurs to enterprises with hundreds of locations, QuickBooks for small businesses is one of the most popular financial programs of all...

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08.26.2024 08:55

How to Improve Cash Flow Management with Effective Bookkeeping

Cash Flow Management

Running a business comes with many challenges. Increasing revenue or finding ways to cut costs are important goals in a successful small business, but cash flow management is an aspect that can get overlooked. If the timing of your cash...

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