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accounting world
Stories and news that really count when it comes to your business success.
Can I Do My Own Accounting?
One of the smartest questions that I hear from the owners of small creative agencies is “Can I do my own accounting?" I love hearing this question because it means that you are running your [...]
What Is The Easiest Way To Save Your Receipts Electronically?
Is there an EASY way for a small business of 1-3 people to save receipts? Yes! At ColvinCPA, we are constantly searching for apps and technology that can make life easier for our clients! If [...]
How Can a Small Business Owner Manage an Employee Benefit Plan?
For a small business owner, managing employee benefits can be a daunting task. Is there a simple solution? Yes! At ColvinCPA, we are constantly searching for apps and technology that can make life easier for [...]
Do You Know Where All Of Your Business Receipts Are?
Making life easier; how to organize receipts. Do you know where all of your business receipts are? If your answer is yes, we recommend that you do a happy dance and give yourself a high [...]
Congress Just Took a Bite Out of the Meals And Entertainment Deductions
New tax reform is putting stricter limits on what your business can deduct for meals and entertainment. Business meals with clients and meals while traveling (50% deductible) – Nothing changed with these business expenses. They [...]
How to Pay Yourself as a Sole Proprietor (So You Can Buy Ice Cream)
Sometimes it can be confusing how to properly withdraw money from your business and record the transaction in Xero. Below are the top questions that I get asked on this topic. Let’s tackle them one [...]
Two Steps to Help Dodge a Tax Scam
While I am cramming my summer to-do list with fun biking destinations, tax scammers are making their summer to-do list with malicious schemes that try to get your personal data or money. This summer, a [...]
10 Recommendations for An Easier Tax Filing in 2018
The 2017 tax filing season is now over and many people are restocking the stash of chocolate in their homes (including the secret one hidden above the washing machine). You are not alone if you [...]
Your Employees Need a Path to Success
You should never give an employee a raise, they should earn it. As a business owner, you should be able to define whether or not an employee has earned a raise. Your employees will also [...]