accurants blog

General

What Is the Latest Overtime Rule, and How Does It Affect Small Businesses?

This past May, the Obama administration outlined new policies affecting overtime pay for employees. Unlike other employment laws, many of which provide exemptions for small business workers, the new ruling will apply to almost all employees in the U.S. As a small business owner, understanding the particulars of the law is crucial to protecting your

What Is the Latest Overtime Rule, and How Does It Affect Small Businesses? Read More »

Cash Basis vs. Accrual Basis Accounting

Small business owners have to make numerous decisions, not the least of which is determining the best method to handle accounting. Typically, businesses use one of two principal accounting methods, known as cash method and accrual method a (also referred to as cash basis and accrual basis accounting respectively).  IRS defines an accounting method as a set

Cash Basis vs. Accrual Basis Accounting Read More »

Mileage Log: Little Work, Lots of Money Back

It’s no secret that most small business owners are operating with limited budgets.  If you aren’t taking advantage of mileage deductions, you might be missing out on a valuable opportunity to slash your tax bill this spring. Whether you drive your personal vehicle to meet with clients, attend trade shows, purchase supplies, or pursue continuing

Mileage Log: Little Work, Lots of Money Back Read More »

Scroll to Top