Common Tax Write-Offs for Solopreneurs

Today we’re diving into a subject that every solopreneur needs to know about – common tax write-offs. Whether you’re just starting your business or you’ve been self-employed for a while, understanding tax deductions is crucial for optimizing your finances. Today, we’ll explore the world of tax write-offs specifically tailored to all of you solopreneurs out…

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How to Choose: Cash Basis vs. Accrual Basis Accounting

Today we’re exploring the choice between cash basis and accrual basis accounting. We’ll talk about the differences between the two methods, how you choose between the two, and what the legal requirements are for each method. This is a decision that can significantly impact your financial reporting and tax obligations, so it’s important to understand…

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The Accounting Shortage in Giant Companies and the Dire Consequences for Small Businesses

In this episode, we’ll explore a pressing issue that’s impacting businesses of all sizes—the shortage of skilled accountants. More specifically, we’ll focus on how this shortage is hitting small businesses even harder and how a solution like outsourced finance departments, such as Accountable Numbers, can help alleviate the problem. YouTube: https://www.youtube.com/watch?v=xW584SAwdpA

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