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Accounting and Tax Guide (Page 2)


Year-end bookkeeping tips

Many businesses, both big and small, understand the benefits of hiring an accountant.  A qualified accountant can easily and effectively file the accounts and tax returns for your business.  That can actually save you money and will certainly save you time.  It’s important to hire the right accountant for the job, but regardless of who you hire, if you want them to do their best work you’ll need to do your part, too.  For... [Continue Reading]

How Military Skills Help Soldiers to Find Work

One of the biggest concerns that many people have going into a military career is whether or not they will be able to find work when it eventually comes to an end. This is something that can pose a fair amount of anxiety for personnel but in most cases it is unjustified. And the reason for this is that the army teaches so many amazing skills that are 100% transferrable to future careers. Perhaps not everything you'll learn in the army will be directly... [Continue Reading]

How Entrepreneurs Can Get Their Small Business Noticed

Entrepreneurs have a unique set of responsibilities, different from any other working professional. Entrepreneurs often need to be in more than one place at the same time, and have to be experts in many different fields of knowledge in order to succeed. These facts make entrepreneurship one of the more difficult career paths that a person can choose. However, entrepreneurs get opportunities in their careers that no one else would get, which still makes... [Continue Reading]

Four skills you need to succeed in a career at sea

Choosing a career at sea is not something that you should dive into without doing your research first. It is a different way of life and therefore different skills are needed. You may have studied hard at school or university; alternatively you may have a very impressive CV. These things will all stand you in good stead; however, a career at sea is not your run-of-the-mill job and there are certain niche skills that you will need. Problem solving The... [Continue Reading]

How To Get An Awesome Job In Engineering

Credit Do you feel your current employment solution keeps bringing you down? Are you spending more than seven hours each day out of the house for little more than the minimum wage? Then retraining to become an engineer could be exactly what you’ve been looking for. There are plenty of well-paid jobs available in this industry, and most of them are easy to come by if you have the right qualifications, and you show willing. With that in mind, today... [Continue Reading]

How Entrepreneurs Could Impress on Dragon's Den

If you’ve ever watched Dragon’s Den, starring the likes of Kelly Hoppen, Deborah Meaden, and other smart multimillionaires; you’ll know that it’s an extremely nerve wracking experience...definitely not for the faint hearted. However, if you’ve got a product that you believe in, it could be worth getting yourself on screen for a chance of investment and the best marketing help out there. Here’s how entrepreneurs could... [Continue Reading]

Common Tax Issues That Small Business Owners Face

Around tax time, Uncle Sam often hits small businesses the hardest. One of the biggest reasons why small businesses are hit so hard is because many of the tax laws and structures are difficult to navigate, which leaves bootstrap companies in the lurch. When it comes to small business accounting, it is important to not only know how to navigate the waters of tax law – you also want to be aware of some of the common problems that small businesses run... [Continue Reading]

Finding the Best Car Insurance Deal for a Student

The past few years has not been very fair on students and their families. Student maintenance loans have been decreased while student fees have increased. The cost of living has risen across the board and jobs are scarce. Not only that, but EU legislation has seen to it that the cost of car insurance has risen for women in particular and for young people in general. It seems as though it’s never been more financially difficult to be a student. ... [Continue Reading]

5 Helpful Accounting Tips for Startups

When you have a start-up business, you want to make sure that you do all that you can in order to make sure that your company offers a great product, provides impeccable customer service and perhaps, most importantly, earns a profit. Especially since according to many reports, nearly half of all new businesses close their doors within the first five years of opening them. Well, when it comes to keeping your finances in order, one of the main things that... [Continue Reading]

5 Helpful Accounting Tips for Startups

When you have a start-up business, you want to make sure that you do all that you can in order to make sure that your company offers a great product, provides impeccable customer service and perhaps, most importantly, earns a profit. Especially since according to many reports, nearly half of all new businesses close their doors within the first five years of opening them. Well, when it comes to keeping your finances in order, one of the main things that... [Continue Reading]

Is Debt Settlement a Viable Debt Relief Strategy?

Many Americans are struggling with large amounts of credit card debt. According to NerdWallet the average American household has over $7,000 outstanding on their cards and that amount increases to over $15,000 if you only look at indebted households. Not being able to pay your bills for one month can send you into a bad downward debt spiral that may seem impossible to escape. If you have more debt than you can pay back, debt settlement may be an option to... [Continue Reading]

Important Tax Tips

Tax time can be a stressful experience for anyone. A careful attention to detail as well as proper planning helps relieve some of hassle that accompanies this thorny issue. Following the right steps ensures fewer potential difficulties throughout the entire process.  Arrange All Necessary Materials Before Preparation Arrange everything needed to correctly prepare taxes beforehand. Common forms include W2s and the 1099 form. Other additional forms... [Continue Reading]

5 Ways to Streamline Payroll Management for Your Business

If you’re someone who happens to run your own business, then you already know that it comes with a lot of demands. You have to make sure that you provide great products and/or services. You have to keep your website and social media accounts updated. You have to do all that you can to keep your customers satisfied. If you have a staff, you have to provide them with what they need in order to be productive. And, you also have to make sure that your... [Continue Reading]

5 Small Business Accounting Tips to Prepare for a Financial Audit

You don’t need to have your masters in accounting to know when your small business is about to be hit with an audit. When it comes down to it, the IRS will surely let you know when they are about to storm your offices and invade your books. It can be an invasive experience, but it can really help if you are prepared. Preparing for a financial audit is a little bit like preparing your business for a potential financial tsunami. If you don’t want... [Continue Reading]

5 Signs Your Business Needs a CPA

Unless you hold a degree in accounting, it is very unlikely that you have the same skillset and knowledge as a certified public accountant (CPA). And while you may be able to get by for a while running the finances and keeping the books for your small business, especially with practically foolproof modern tools like QuickBooks on your side, the truth is that you have other tasks to occupy your time when it comes to keeping your business afloat, and you... [Continue Reading]

Benefits of completing an ACCA accreditation

Many accountants can be forgiven for thinking that the extra effort to completing the ACCA accreditation is just too much after years and years of study. However, by gaining the extra qualification students are presented with extra opportunities for future development. Below are some benefits which getting the extra qualification can have. Intrinsic learning The accreditation goes into more detail on areas that will affect working life. At university,... [Continue Reading]

5 Essential Tax Planning Tips for the Self-Employed

When you’re self-employed, there are a lot of things you’ll have to do on your own on behalf of your business. On the upside, you get to be your own boss, setting your preferred work hours, taking on the clients you prefer, and basically running the whole show as you see fit without a cavalcade of supervisors looking over your shoulder and micromanaging your every move. On the other hand, you’re also solely responsible for making sure you... [Continue Reading]

How to Combat Credit Card Debt

Love them or hate them there is no denying that credit cards have both great pros and difficult cons, but the cons are few if you use your credit card prudently and always remain in control of your debt and repayments. Problems arise when things slip slightly and your debt gets out of control, once you lose your footing it is very difficult to get back on top of this and you could easily fall into a never ending debt cycle. It is important to know... [Continue Reading]

How to Conduct a Job Analysis for Your Business

A Job Description lists the duties and functions of a job title. A Job Analysis comes first and answers different questions. Job Analysis is the process of collecting the information and input used to build the Job Description.  Why need job descriptions?  No matter how small your business, job descriptions are critical for your management.   Descriptions help recruit qualified and capable applicants.  The job... [Continue Reading]

Two Insurance Products you Never Knew Existed

According to recent research conducted by the Association of British Insurers (ABI), financial service providers in the UK are now paying out a staggering £187 million each day to claimants. This represents a huge sum of money, while it also offers a fascinating insight into the diverse and often complex nature of the insurance industry and its individual products. There are a host of insurance products that the majority of consumers are entirely... [Continue Reading]