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To help growing SMBs, we cover some of the most important considerations they must make when evaluating accounting software.

At 18, I became a mom and took a two-year break from studying. I went on to get a bachelor's and graduate degree in business ...

Definition: Cash accounting is the methodology under which transactions are recorded when they actually happen. For example, income will be recorded when the company receives cash and expenses are ...

The standard deduction is a dollar-for-dollar reduction in taxable income, lowering the amount that a taxpayer owes the Internal Revenue Service. All taxpayers with earned income, whether from a day ...

Commissions do not affect our editors' opinions or evaluations. Online bookkeeping services can save business owners both time and money. However, with hundreds of options, it can be daunting to ...

Discover the essential requirements for CMA certification, from your education and experience needs to passing the CMA exam.

Capital allowances are a useful tool to ensure more money goes into your business rather than to HMRC. Both high and small ...

Patriot Software Accounting offers 21 accounting reports, which is more than some competitors but fewer than others like ...

Are you struggling to keep track of your law firm’s finances? Managing bookkeeping for a law firm can be tricky – with specific rules and the need to carefully handle client funds. Without the right ...