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An End-of-Year Financial Checklist for Small Business Owners

The end of the year is a busy time for everyone, especially small business owners. With so much to take care of, including financial statements and upticks in business, it’s easy to miss something important. Give yourself some peace of mind by using the checklist below. We’ve provided information on end-of-year tasks every small business …

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How Tax Preparation and Bookkeeping Go Hand in Hand

While tax preparation and bookkeeping are technically separate disciplines, there are many ways in which these two financial processes very much complement each other. This is why companies like MCG Solutions that offer one service will frequently offer both. Let’s take a look at how the services of these financial professionals fit together perfectly in …

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Basic Tips to Make Your Business Taxes Less Spooky

Halloween is just around the corner, and the “spooky season” is in full force! While you’re enjoying your scary movie marathons and seasonal treats, it’s only understandable if your mind starts to drift toward another spooky subject—the fact that tax season is coming up fast. For small business owners especially, the near arrival of tax …

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The Benefits of Cloud-Based Bookkeeping Tools

Cloud-based software on a subscription basis is becoming the go-to model for many types of business programs. Adobe has its cloud suite of creative programs, Microsoft Office has its Office 365 functionality, Google has its Drive, Docs and other tools. Businesses of all industries are adopting cloud-based software and using it to power their operations. …

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Outsourced Bookkeeping Comes With Technological Benefits

There are a variety of benefits associated with hiring outside professionals to manage your company’s bookkeeping. While some of these benefits are obvious (time savings for your company, more reliable results), there are other benefits that tend to be overlooked. One such benefit is access to the latest technology. Companies that specialize in third-party bookkeeping …

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Tips for Digitizing Your Bookkeeping Processes

We’re living in an increasingly paperless world. Many business processes that had traditionally been performed with pen and paper are now performed entirely digitally, and this includes basic bookkeeping and accounting functions. There are a lot of reasons to go paperless with your bookkeeping. It opens up a lot of storage space, as you don’t …

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