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,...
How to Issue a 1099 the Right Way
If your business paid contractors, freelancers, or unincorporated vendors this year, you may need to issue a 1099. Though it sounds simple, the process plays an important role in how the IRS matches income across tax filings. When 1099s are missing or incorrect, the...
