Accounting, Bookkeeping & Tax Prep Services in Virginia

small business mistakes

Tax code

The US tax code and how it effects small businesses.

Understanding tax laws is crucial for maintaining compliance and optimizing financial management. The US tax system is primarily composed of federal, state, and local taxes. Small businesses are subject to various taxes depending on their structure, income, and activities. Effects of Misclassification: If your business is classified as a corporation but should be a sole […]

The US tax code and how it effects small businesses. Read More »

business mistakes

5 mistakes small business owners make and how to avoid them.

In the exciting journey of steering a small business toward success, growth is the ultimate goal. However, amid this excitement, entrepreneurs often encounter pitfalls that can impede their progress. To ensure sustainable growth and mitigate setbacks, it’s crucial to recognize and avoid these common mistakes. Here are five mistakes small business owners make and how

5 mistakes small business owners make and how to avoid them. Read More »

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