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Aug 13 2010

Hall County budget highlights

Hall County budget highlights

– Building and grounds/parks: 5,992 is the same as last year, but the two departments have been merged together for bookkeeping purposes. Director Loren “Doone” Humphrey is working toward a trail project at Hall County Park. People have been doing stretches and leg lifts on the marker posts at the park, so he wants to put in a specific life trail that has stretching and exercises to do at …
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Sending Applications To The Cloud

For some business owners, this makes sense.
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An Enron-era name acquired by Blackstone

Shares of Dynegy Inc. – a power generating company that played a role in the Enron scandal – surged more than 60% Friday after the company agreed to be acquired by investment firm Blackstone Group for .7 billion, including its existing debt.
Read more on CNN Money


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White County’s revenues exceeded expenditures in last fiscal year

Audit of county government shows ,000 in the black
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Aug 12 2010

HR/Payroll Service Center and Walking at Work

The folks who answer your questions about payroll and HR are spending time this Active U season walking while they work.
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Clay Bloxham, owner of Pay Pros, discusses the difference between a PEO company and a payroll service on The Entrepreneur Life radio show.
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Aug 11 2010

Discover The 3 Tips To Implement In Small Business Tax Deductions

Discover The 3 Tips To Implement In Small Business Tax Deductions

Read more articles at Bookkeeping Services of Charlotte, NC

If you’re running a small business, probabilities of you wearing multiple hats, juggling all parts of labor in your business are more. Everything appears to be urgent and wants your intervention. But, the foremost necessary issue in your small business is tax deductions because this could confirm survival or failure of your business.

Primarily few months of every year, you and thousands like you’re therefore stressed that it’s exhausting to file your business tax. Therefore, here are 3 simple yet powerful tips you’ll implement in your business.

1. Keep Systematic

When keeping track of all your accounts, keep consistent in the means you enter records every month. If you have always included a particular expense during a bound class, continue to try to do that. Do not produce a replacement category for it or else it will complicate your record keeping — the aspect of running a home-based business that most folks dislike the most.  If you have ever set to hire somebody to handle your record keeping, then it’s to be maintained systematically therefore that he or she can make sure of your accounts without any hassles.

2. Write Everything Down

If you want to get the small business tax deductions you deserve, you will have to keep a record of each expense you make. Each receipt should be filed systematically or recorded during a tax-deduction record keeping software program. Be certain to backup your necessary documents frequently.

3.  Recognize what’s deductible.

You’ll be able to solely keep the “right” tax-deduction records if you know what expenses are deductible!    Therefore learn what special tax deductions are available to home-based business owners, and what records the IRS requires.  The IRS “rules” are not difficult to accommodate, once you know what they are.

“Inadequate or incomplete records” is the #1 reason for lost deductions in IRS audits of home-business owners.  However you’ll eliminate that problem by learning what records the IRS expects.

This article was published at Bookkeeping Services of Charlotte, NC

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