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4 Types of Tax Deductions Your Small Business Can Claim

Tax is one thing we cannot get away from in life, whether it is on a personal or business level. But while personal tax is one matter, business-related tax is another. The latter can be a bit complex and downright confusing. It can be all the more complicated when you own and run a small business, where you’re required to prepare and file taxes for compliance purposes. But did you know that there are practical ways to reduce your taxes?

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Finding the Perfect Accountant For Your Startup: What to Know

If you remembered to handle that side, then that is great! If not, then that is okay—it’s a basic mistake that can be rectified if you act quickly. Accounting is not exactly the most obvious aspect of the business, but it is an incredibly important one, as taking control of one’s money ensures the company’s ability to survive, especially during its infancy! As such, it’s best left for a professional to handle.

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Get Your Startup Going: 7 Financial Tips for Business Startups

About to launch a startup? Exciting times, indeed. But there are a lot of things you need to sort out first, especially when it comes to your finances. Let’s face it—building a startup is one of the most difficult things you ever have to do, albeit exciting. A lot can go wrong if you don’t manage your finances right. Therefore, we will share with you some tips to help you avoid these common financial mistakes.

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How to Better Manage Your Cash Flow as a Startup: Our Guide

One of the best ways to gauge your progress is by looking at your cash flow. Yet, it’s not so easy to understand it all. But because you are a business owner, you need to know how to manage your cash flow efficiently and properly. Here are four effective ways to manage your cash flow as a startup!

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Cash Flow Analysis: 6 Mistakes Tech Startups Should Avoid

If you’re an owner of a tech startup, you should understand cash flow analysis well. Managing a business requires the proper skills and understanding of cash flow management to keep the business running smoothly. In the journey of managing a business, some mistakes can hamper the seamless process of business transactions. As a startup owner, you should be aware of how to avoid them. Ask every successful business owner, and they will agree that the following mistakes can lead a business to failure!

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Effective Finance Strategies for Every Startup Company

It is a must for every business to develop and implement a clear and compelling set of financial strategies. This is to ensure that handling money and other business operations will be done accordingly. Business owners should be cautious and bold when it comes to managing financial matters in the company.

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Everything You Need to Know Before Forming Your Own LLC

LLC is a type of business structure wherein entrepreneurs get pass-through taxation and limited liability protection. The LLC is similar to a corporation in that it exists legally as an entity that’s separate from its owners. Sometimes, owners are also known as members. It’s usually not possible to hold owners personally responsible for any liabilities and debts of the business.

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The Different Entities to Register Your Business Under

Starting a business means endless decision-making. From the business’ name to the strategies you want to pursue to the platforms you want to tap, making choices does not stop. However, if there is one decision that is crucial to your business’s future, it is deciding the type of tax structure you want for your company.

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4 Aspects of Your Tax Strategy You Need to Study Carefully

One of the most important responsibilities of any business is tax compliance, which is always easier said than done. Even just the smallest mistake in the meticulous process of calculating and paying your taxes can come with costly fines and possible foreclosure. Whether you plan to do it yourself as a regular working person or hire an accountant that handles small businesses, you need to get it right.

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Why You’ll Benefit from Hiring a Fractional CFO

In terms of outsourcing financial matters, you call these professionals fractional CFOs, who are experienced individuals that help with contractual finance work. They can assist with multiple needs, such as cash planning, bookkeeping, tax structuring, budgeting, and even drafting business plans. If your company is having difficulties raising capital, implementing newer accounting software and systems, or even running an audit, a fractional CFO can be a big help.

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3 Cash Flow Management Tips for Every Startup

For startups, not paying attention to their cash flow is one of the biggest pitfalls one might encounter, as that’s when things start to go downhill! Even those Fortune 500 companies end up shooting themselves in the foot if they’re not careful with how they spend their money.

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5 Ways to Scale Your Business and Boost Your Profit

Scaling your service-based start-up company means being ready to accommodate growth. It’s more than just raising your rates, bringing on additional staff, or launching new products. It means you can take on the increased workload without breaking the bank and meeting your business’s demands without overstretching.

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Christmas cashflow

Spread Holiday Cheer with These Christmas Cash Flow Tips

Cash flow isn’t just about money in and money out. Yet, many small business owners will overlook cash flow nuances, resulting in financial failure. Especially during the holidays, unexpected dips in return and a need to prepare can cause small business cash flow to take a significant hit.
As outflows peak during the holidays, promotional investments, longer working hours, and an increase in stock are just a few business factors you’ll have to hone in on before taking your sabbatical.

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3 Accounting Tips Every Business Owner Should Know

Although the lack of proper numerical experiences can be forgivable, it’s important to look for ways to properly track and manage all financial transactions. It’s one of the most critical hats business owners need to wear, especially since you’ll likely be running on limited resources. Failure to keep up with records and transactions can quickly lead to a failed business. To ensure business success, keep these accounting tips in mind:

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6 Financial Tips for Small Businesses to Survive COVID-19 – Our Guide

In America, small businesses are a significant portion of local communities. Areas like Manhattan in New York are a prime example of how small businesses impact the local scene. Without small and medium enterprises (SMEs), there wouldn’t be a healthy local economy, which is necessary for any state to thrive.
With the tremendous impact of SMEs on any country’s economy, their survival is essential. Difficulties brought by COVID-19 have given small businesses even more challenges to stay afloat. Whether these businesses are service providers or retail stores, there is a decreasing demand for numerous things that were previously popular

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3 Tips for Managing the Finances of Your Small Business

Knowing the state of your financial health lets you assess the current standing and the future of your startup. It helps you make sure to keep your cash flowing, avoid business debt, and have peace of mind knowing you have adequate money to grow your company.

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Accounting Terminology 101: A Quick Guide for Startup Owners

Truth be told, accounting can be quite intimidating. This is especially true if you’re running a small business or a startup. Overseeing day-to-day operations and making sure that the business stays afloat are already enough to fill your plate. However, on top of these, you also have to actively manage the venture’s finances.

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3 Benefits of Measuring the Right Key Performance Indicators

Key performance indicators (KPIs) are measurable metrics that show your company’s performance, help you manage your targets, and make sure that you reach your key business goals. With this information, you can make more informed business decisions, gain a competitive advantage, and deliver better results.

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FiBrick’s 5-Year Anniversary: Note From The CEO

FiBrick turns 5 years old in a few days! I can’t contain my excitement. It’s often said that if you make it past year 5 in business, you should have a good chance of surviving long-term. Well, our goal is not only just to survive, but to thrive – and to bring you along with us! We’re crossing a critical milestone in our journey as a company, and I just wanted to take this opportunity to thank you for making it possible.

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Where is my W-2?

If you switched employment in 2016, you may not have received an email notification that your W-2 is available online.

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Countdown to the Year-End Close

If you are looking forward to taking some time off during the holidays, you will probably be concerned with the long list of tasks you need to complete before and after your vacation, such as those related to the year-end close.

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Promote Your Company on IGC

Take a look at the sponsorship information below the form. Fill out the form below to let us know what you’re interested in. We will be in touch within 48 hours.

Fill out the form below to get started. We will be in touch within 48 hours.