by Integrated Tax Services | Aug 2, 2022 | Accounting & Bookkeeping
You’ve loved dogs all your life so you decide to start a dog breeding and training business. Turning your hobby into a business can provide tax benefits if you do it right. But it can create a big tax headache if you do it wrong. One of the main benefits of turning...
by Integrated Tax Services | Jun 3, 2022 | Accounting & Bookkeeping
From supplementing their current income to replacing income that was lost because of layoffs, the pandemic or other reasons, many people have started side hustles over the past 2 years to help make ends meet. If you currently have a side hustle, don’t forget...
by Integrated Tax Services | Feb 5, 2020 | Accounting & Bookkeeping
You’ve done the hard work. You have a new business idea or you’ve found an existing business to purchase. Want to help ensure your business success? Pay attention to correctly setting up your business’ accounting system. Here’s how: Consider...
by Integrated Tax Services | Dec 5, 2019 | Accounting & Bookkeeping
When tracking and planning your business objections, it’s easy to focus your analysis on two reports — the income statement and balance sheet. But one of the primary keys to your business’s success relies more on how you handle the money flowing in and out of the...
by Integrated Tax Services | Oct 7, 2019 | Accounting & Bookkeeping
Is a payroll provider right for you and your business? While it is an added expense, there are good reasons to add a partner to help with this service. Here are five things to consider: Allows full attention on growing the business. If a portion of employees is...
by Integrated Tax Services | Aug 7, 2019 | Accounting & Bookkeeping
A sad and oft-repeated truth is that half of all new businesses fail within the first five years. Although many factors contribute to business failure, a common culprit is poor cash management. All businesses, large and small, must deal with the uncertainty of...