Small Business Accounting

Small Business Accounting

Small Business Accounting: Tips The Bureau of Labor Statistics reports, “20% of small businesses fail in their first year, 30% of small business fail in their second year, and 50% of small businesses fail after five years in business. Finally, 70% of small business...
COVID Tax Deductions

COVID Tax Deductions

COVID Tax Deductions And Other Important 2021 Tax Season Information 2020 was an unusual year to say the least. Face masks became a fashion statement, toilet paper was a luxury, murder hornet invaded the US, Tiger King was inescapable, socially distanced live streams...
Accounting Year End

Accounting Year End

Accounting Year End Checklist   As 2020 comes to an end, it is essential for business owners to close out the books in preparation for filing taxes and forecasting the health of the organization. Consultance Accounting has created an Accounting Year End Checklist...
Accounting Software   

Accounting Software  

Types of Accounting Software   Every business needs accounting software whether it is an association, a non-profit, a professional services provider, or sells retail products and services. What is Accounting Software? Accounting software automates an...
What Do Accountants Do

What Do Accountants Do

What Do Accountants Do   What Does an Accountant Do? A study conducted by Intuit, the creator of QuickBooks and other financial software, discovered 89% of small businesses say that they are more successful with an accountant or advisor. Why? What do accountants...