How Small Businesses Can Beat the Accounting Talent Shortage
The accounting industry has faced a 17% drop in accountants in the U.S. since 2020 (Accounting Firm Software). This shortage creates challenges for small business owners who rely on accurate accounting to manage their finances. However, this gap presents opportunities. By delegating certain tasks and...
Optimism Among Small Business Owners for 2025
Optimism Among Small Business Owners for 2025: A Bright Future AheadAs 2024 comes to a close, small business owners are feeling hopeful about the road ahead. According to a recent survey by the U.S. Chamber of Commerce, 84% of small business owners expect 2025 to...
Stay Ahead with QuickBooks Real-Time Auditing
Running a small business means constantly managing clients, delivering services, and staying on top of financials. But no matter how well you manage QuickBooks bookkeeping, mistakes can happen. The problem? These errors often go unnoticed until they’ve escalated into larger, more costly issues. That’s where...
Avoid the Most Common QuickBooks Mistakes
Avoid the Most Common QuickBooks MistakesAs a small business owner, managing finances is probably not the most exciting part of running your business, but it’s certainly one of the most important. For many, QuickBooks is the go-to solution for handling bookkeeping, invoicing, and everything in...
How to Read and Use Your Profit & Loss Like a Pro
Mastering Your Profit & Loss Statement in QuickBooks Online (Even If Numbers Aren’t Your Thing)Your numbers tell a story. The question is—are you reading it? That’s especially true when it comes to your Profit & Loss (P&L) statement. If you're running a small business in...
How AI is Changing Bookkeeping for Small Businesses in Centennial
The future is already here—it’s just not evenly distributed. That quote from William Gibson couldn't be more accurate when it comes to artificial intelligence in bookkeeping. Right now, AI is revolutionizing how small businesses, even here in Centennial, handle their finances. The days of manually...
1099-NEC 2024: What Every Small Business Needs to Know
If your small business works with freelancers or independent contractors, understanding the changes to the 1099-NEC form for 2024 is crucial. These updates will affect how businesses report payments to contractors and comply with IRS regulations. By staying informed, you can avoid penalties and ensure...
Is Converting to a Roth IRA Worth It?
Thinking about converting your traditional IRA to a Roth IRA? It’s a smart move for many, but it’s important to understand the ins and outs before you dive in. We’ve simplified the process to help you make the best decision for your financial future and...
Don’t Pay the IRS More than You Owe
Tax season doesn’t have to be a headache—especially when you know how to keep more of your hard-earned money. As a small business owner, you’re probably already aware of some standard deductions, but there might be a few hidden gems you’re missing out on. This...
The Power of SB Strategic Partnerships
Navigating the complexities of running a small business can feel like a high-wire act. But what if there was a safety net? Strategic partnerships can be that net, offering support, resources, and fresh perspectives to propel your business forward. Let's explore how to build and...