Cash vs. Accrual Accounting: Which is Best for Your Business?

For most small business owners, making sure customers pay you on time and that your bills and taxes are covered, pretty much sums up your top-of-mind concerns when it comes to day-to-day accounting. And yet, there’s a very important question that underlies your entire accounting process…one that impacts all of these issues from the start. […]

S Election: A Valuable Option to Consider For Your LLC

The Limited Liability Corporation (LLC) has evolved into one of the most commonly selected entity types for American businesses. The benefits of the LLC are many, and include strong liability protections for the owners as well as potential tax advantages and ease of operation and administration. On the other hand, an S corporation enables you […]