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Accounting & Bookkeeping

5 Most Important New Year Resolutions for Small and Medium Businesses

Finally, the year 2022 has come to an end. It goes without saying that the last year was a roller coaster ride especially for small and medium businesses due to the impact of inflation and Great Resignation. Now is the right time for focusing on new goals, opportunities, and possibilities. Also, you have to retrospect […]

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Tax Preparation

Why Outsourcing is the Best Solution to Counter Tax Season Burnout?

Countdown to Christmas has already begun. It’s that time of the year, which is meant to be more relaxing, enjoyable, and full of pleasant surprises, but where does the other strange feeling come from?   Aaahhh, yes! Tax season 2023 is approaching.   Peak season pressure of meeting strict deadlines isn’t new for accounting firms. No one […]

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Accounting & Bookkeeping

What Is the Retail Method?

Retail businesses of all sizes have some unique challenges when it comes to accounting. They must factor in numerous variables to achieve an accurate picture of the state of their current business. If you are facing the challenge of keeping track of your unsold inventory and want a reliable way of estimating its worth, the […]

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Accounting & Bookkeeping

The Evolution of Bookkeeping

Most people aren’t aware that the practice of bookkeeping has been around for centuries, with the earliest instances tracing all the way back to Mesopotamian civilizations. Over the past decade, however, advances in technology have had the most significant impact on the way bookkeepers operate, offering faster and more convenient digital platforms. Let’s take a […]