Smart Expansion: Growing Your Business the Right Way

If you own a business, you’ve probably been there – things are going well, cash is coming in, and the books are looking good. But you’re also stressed, tired, and overworked. Your office is feeling small and the front end is kind of cramped. So what do you do? Expand. Unfortunately, business expansions aren’t always […]

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Depreciation: What It Is & How It Works

Every year when tax season rolls around, we tend to see an increase in all of the usual tax jargon being thrown around like carrybacks, deferrals, or depreciation. Let’s face it – taxes are complicated and, as a business owner, chances are good that you’re not an expert when it comes to tax law, so […]

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Tech Spotlight: Mileage Tracking

Nobody likes leaving easy money on the table, but sometimes you don’t even realize how much you’re missing. One of the biggest deductions available to any business owner is the mileage you rack up on your personal vehicle traveling back and forth between offices and to client meetings. It’s all too easy to forget to […]

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How Much is Too Much to Pay for Unemployment Insurance?

Every year, Illinois collects an excess of $5,500,000 worth of unemployment insurance from companies over what they should. That excess would likely not be paid if these companies were better prepared and more diligent when contesting fraudulent or spurious unemployment benefit claims. As a result, if the benefits were paid, it also means the unemployment tax […]

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Is Cloud Accounting for You?

Cloud accounting software is similar to traditional, desktop based solutions, with the difference being that it is hosted on remote servers. Data is sent into the “cloud” where it is processed and stored. The benefits to the end user include access to real time data from anywhere with an Internet connection, and from any device–including laptops, smartphones, and […]

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