What is the Employee Retention Credit (ERC)? The Employee Retention Credit (ERC) Is A Federal Payroll Tax Credit Designed To Reward Businesses For Retaining Employees Despite Economic Hardships During The COVID-19 Pandemic. The Tax Credit Was Initially Signed Into Law In March Of 2020 As Part Of The CARES Act. The Credit Was Later Expanded…
Author: Sean Spencer
Local Bookkeeping and Transaction Processing
One of the biggest tasks for any small business is the sheer number of transactions they have to process. Local bookkeeping and transaction processing is a smart way for those companies to get ahead of the game. Even larger companies that don’t deal with daily transactions still need a way to handle things like accounts…
3 Ways Using a Local Bookkeeping Firm Builds Your Business
How can you decide between working with a local bookkeeping firm and the alternatives? There can be significant drawbacks to letting a major accounting corporation take on your books. Likewise, keeping it in-house is expensive. Local firms provide benefits that surpass any other advantages from those two options. A Local Bookkeeping Firm Means People You…
5 Ways to Work Better With Local Bookkeeping Providers
Local bookkeeping providers can be of enormous help to a growing business. It’s important to ensure that this collaborative process between two companies flows well. Here are five key ways companies can get the full benefits of working with local bookkeepers. 1. Understand Your Core Competencies Working with local bookkeeping providers is simpler when you…
3 Greatest Benefits of Local Bookkeeping Help
What benefits of local bookkeeping should you expect to enjoy when hiring a firm? Certain aspects make it a better option than hiring in-house staff. Let’s take a look at the three most important of those benefits. Find out why they’re so essential, and why that makes hiring a local bookkeeping firm one of the…
5 Benefits of Local Small Business Bookkeeping Services
Have you wondered if working with a local small business bookkeeping service would be better than working with a national firm? What about hiring your own staff? Isn’t that what most companies do as they grow? Well, there are at least five important reasons why it would, in fact, be a better option to work…
Choosing a Local Bookkeeping Service: 5 Points
Suppose you’re thinking about choosing a local bookkeeping service for your small business. In this situation, it’s important to know what variables you ought to consider. Certain characteristics can make or break the success of a bookkeeping firm. By extension, they’ll also affect the businesses they serve. Here are five critical factors that you should…
5 Local Bookkeeping Best Practices to Keep Your Company Safe
In what ways does your bookkeeper help you make sure that your company is financially safe? Local bookkeeping best practices always include at least the following five principles. Each one of them is easy to put into practice in any small business. It’s even easier when you have a knowledgeable local bookkeeping team on your…
5 Reasons Local Bookkeeping Works Best for Small Businesses
Why is it better for small businesses to work with local bookkeeping firms? The answers have less to do with economics and more to do with the power of relationships. Building up a small business means you have to cooperate with a surprisingly large number of other people. And we’re not just talking about the…
3 Important Accounting Practices for Local Bookkeeping
What are some of the most important accounting practices for local bookkeeping firms to be sure they’re using when handling customer ledgers? Many first-time business owners are unfamiliar with the difference between bookkeeping and accounting. It would be easy to assume that they’re different names for the same thing. After all, they’re both about keeping…