by | Jan 30, 2017 | Accounting & Bookkeeping, Income Taxes, Small Business Owners
Question: Can I deduct an invoice that my customer refuses to pay? Answer: Like many tax questions, the answer is maybe. It all depends on when your company records income. A company can choose between recording the sale at the date of the invoice (on the accrual...
by | Jun 9, 2016 | Business Profit & Cash Flow Tips, Cash Flow, Small Business Owners, Small Business Success Series
The myth most business owners believe: If you know your business, budgets are only needed by the bank when you are applying for a loan. The truth successful business owners learn the hard way: Running a successful business requires attention to a huge...
