Do I Need to Recalculate My Estimated Taxes During the Year?
Many business owners ask, “Do I need to recalculate my estimated taxes during the year, or can I just use the payment coupons from last year’s return?” If your income changes during the year, your estimated tax payments should change too. Estimated taxes are intended...
The Worst Accounting Mistakes We’ve Seen Businesses Make
After working with business owners for 20 years, we at SBS have seen certain accounting mistakes surface again and again. These patterns often come to light only after the mistake has caused financial, tax, or operational problems – and we want to make sure your...
Get Your Money Quicker – AR Best Practices
Late-paying customers are one of the most common cash flow challenges for small businesses. You can be profitable on paper and still feel constant pressure if too much of your revenue is sitting in accounts receivable instead of your bank account. For many businesses,...