Starting a small business in the United States is the easy part. Making it profitable is an entirely different story. Did you know that nearly 45% of small businesses fail within the first five years? This figure increases to 65% over a 10-year span. Poor financial planning is one of the primary reasons why small […]
Small businesses are the backbone of Arizona’s economy, with 99.4% of all Arizona businesses being small. All companies, small or large, are required to pay taxes, and as a small business owner, it’s crucial that you know how much you owe. It can seem like a complicated subject, but we are here to break it down […]
Taxes. Nobody wants to pay them, yet, you must do so efficiently. Unfortunately, very few people are good at doing this on their own. About 80% of Americans make at least one mistake on their tax returns that impacts their tax refund. As a small business, you likely will not have time to be able […]
It’s that time of year again: tax time! Dreaded or not, the IRS processes millions of tax returns each year with 261 million returns processed in 2021 alone. If you’re someone who counts yourself among those who dread tax preparation time, worry no more. We’ve gathered a few need-to-know items that will help you with […]
Running a successful business requires you to be detail-oriented and it often requires you have a team of people helping you deliver your product or service. If you have employees on your team, payroll isn’t a detail you should overlook. Payroll is a $60.4 billion industry that serves so many companies in our market and economy. This […]
