Understand your small business tax responsibilities and reliefs available as new tax rules and employment policies come into ...

For a business owner getting paid on time is great, but sending invoice can be a painful task. You need to list the charges, ...

Cash basis accounting records when cash actually changes hands in a transaction, providing a real-time view of your financial ...

For SMBs, the move to cloud accounting is part of a larger shift in how businesses are retooling their operations ...

When Bench Accounting abruptly shut down operations on Dec. 27, 2024, thousands of small businesses scrambled to recover their financial footing in time for tax season. Even though the shutdown announ ...

For example, a small business that uses cash basis accounting would only record a ... cash flow at any given point in time without the need to project pending transactions that haven't been ...

The Level 7 apprenticeship has been a game-changer for small accounting practices.  It provides a way to offer development opportunities for young ...

Here’s what you need to know about disclosing Scope 1, 2, and 3 emissions, and how this big change could affect your annual ...

The Finance & Accounting Outsourcing (FAO) market is projected to grow by $104.64 billion by 2032, with a compound annual growth rate (CAGR) of 5.77%. This ...

In 2025, artificial intelligence (AI) has moved beyond being a buzzword in accounting—it’s now a fundamental part of how businesses manage their finances. The global market for AI in accounting is ...

However, a better route to take if you’re running a small business is to select an accounting software package that covers everything you need. The great thing about going down this route is ...

Neil A. Fuchs, an industrial engineer and president/owner of Business Support Services, answers questions about business efficiencies and change management.