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Brian Huber
128 followers -
Finance Writer & Small Business Adviser
Finance Writer & Small Business Adviser

128 followers
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Avoid a stressful tax surprise by using this simple method to reasonably estimate current year tax on small business income. A CPA can help with subtle formula adjustments.

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A small business owner must understand the risks as well as the accounting steps and tax implications before making loans to employees.

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Accounting for sale of a small business asset is tricky. Grasp the general idea and get CPA help if needed for details.

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Following a few simple rules permits every small business owner to attain a useful financial projection.

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Making small business purchases by credit card is common for efficient purchasing but often a major cause of bookkeeping mistakes. An accounting pro delivers correct set up and simple steps to avoid trouble.

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Calculating net present value and rate of return should not be foreign to a small business owner making a large purchase. Knowing only the payback period is insufficient for informed decisions.

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A small business owner typically knows the operation's profit, but the key to long-term success is analyzing profit margin.

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Accounting professionals are helpful for much more than tax work. A small business owner should be benefiting from financial expertise throughout the year by simply asking questions of the right individuals.

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Selling a small business asset often triggers bookkeeping confusion. The transaction appears on the P&L but you must also change details on the Balance Sheet.

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Loans to employees of a small business present bookkeeping challenges and demand some strategic considerations.
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