Starting a new business is an exciting, but busy time with so much to be done and so little time to do it in. And, if you expect to have employees, there are a variety of federal and state forms and applications that will need to be completed to get your business up and running. That’s where a tax professional can help.

Are you planning to pay for college in 2015? If so, there are two education credits that can help you with the cost of higher education. Taking advantage of these education tax credits can mean tax savings on your federal tax return by reducing the amount of tax you owe. Here are some important facts you should know about education tax credits.

More than 52 percent of businesses today are home-based. Every day, people are striking out and achieving economic and creative independence by turning their skills into dollars. Garages, basements, and attics are being transformed into the corporate headquarters of the newest entrepreneurs–home-based businesspeople.

And, with technological advances in smartphones, tablets, and iPads as well as a rising demand for “service-oriented” businesses, the opportunities seem to be endless.

National Hurricane Season is officially in progress. If you suffer damage to your home or personal property, you may be able to deduct the losses you incur on your federal income tax return. Here are ten tips you should know about deducting casualty losses:

Is your child a student with a summer job? Here’s what you should know about the income your child earns over the summer.

One of the biggest challenges in the life of the chaotic small business owner is Personal Organization.

Accounting software is, perhaps, the number one requirement of all businesses, big or small. However, it is mind-boggling to see that many businesses, especially SMEs avoid  leverage accounting systems—such as QuickBooks, Xero, App Folio, Sage and many others to streamline and automate their day-to-day accounting needs. .

We believe automating business processes is crucial for growing a business. It reduces the hassle and allows the owners to focus their energy on growing their business. This is why our team is committed to educating businesses and working with them to find the right accounting software for their needs.

If you’re skeptical and wondering why you need to invest in a good accounting software, then here are the top reasons:

Making the decision to invest in a company can be tough, considering the intricacies involved. Some people make it on a feeling of gut while others—the smarter ones I’d say—do it on the basis of a company’s annual report. The importance of a company’s annual report cannot be stressed upon enough when it comes to getting a good picture of the company, yet it’s not given its due importance by most investors. Here are some of the sections of annual reports that most investors conveniently decide to skip:

Considering the popularity of the profit and loss, people tend to underestimate the utility that the other parts of financial statements have got to offer, especially the statement of cash flows. Here are a few reasons why the statement of cash flows is important for your business and decisions:

The two most important things that make businesses successful are their ability to minimize expenses and maximize profits. However, the efficiency of both of these considerations depends upon getting the right payment processing solution for your business. Here are a few reasons why PayPal can be the best choice that you’ll ever make in this regard: