Business

Lockdowns lead to offices having to close down, and people had to work with whatever resources they had. Before the pandemic, working from home was a rare thing for most people. The office was the place where work mostly happened.  And the thought of doing your job from home was not common. When the COVID-19 pandemic happened, everything changed.  Now, remote work is still around us, and it’s here to stay. Companies have understood that it can be done and even offer benefits like more focused and happier employees.  So, now you might wonder, what changes did remote working bring to the business world? Well, Remote working or working from home opened a lot of opportunities for online applications like … Read more

Accountancy is becoming an increasingly competitive profession, and employers have high demands for accountants they hire to audit their revenue. It is important to stand out to get the best opportunities, and certain characteristics will help you achieve this with the best accountant. This article contains a comprehensive and detailed discussion about some qualities a good accountant should possess. Whether you own a business enterprise or are an aspiring accountant yourself, this article will shed light on all that it takes to excel in this field. 1. Sharp Analytical Skills Being able to think analytically is a crucial skill needed to be a great accountant. You need to be able to interpret and assess large pieces of financial data and … Read more

Taxes can be one of the most complicated parts of being a business owner, and the array of new changes that came out in the new tax reform bill in 2017 has seemingly complicated matters further for business owners. On one hand, there are exciting new incentives that entrepreneurial folks didn’t have access to beforehand, such as greater first-year depreciation levels (more on this below). On the other hand, the new tax bill eliminated several tax write offs that employees and employers alike would’ve preferred to keep, such as the deductions for job interview-related travel and entertainment deductions. Whether you’re a brand new business owner or a seasoned entrepreneur who’s still struggling to fully understand the new, post-2017 tax reality … Read more

Starting a business can be a lot of fun if you know what you’re doing, but it can be wrought with tension if you’re unsure about something as basic as what kind of business you’re going to have. Even if you have an idea about the industry you’d like to work in, you may be unsure as to the specific type of business you’re going to start. Deciding which business is right for you can be made a little easier when you’re willing to put a little consideration into the kind of business you’d like to start and the way you would like to stat it. Here are a few things for you to consider when you’re looking to start … Read more

Whether you’re an established enterprise with multiple employees and a brick-and-mortar location, or you’re a work-from-home freelancer with a side gig here and there, chances are you have monthly business-related expenses to cover. While some freelancers, consultants, and other solopreneurs typically cover these expenses with their personal credit cards, you could be missing out on valuable opportunities to get extra perks while paying for business expenditures. Fortunately, applying for a business credit card is just as easy as applying for a personal credit card. According to the Consumer Financial Protection Bureau, an added benefit is that many business credit cards either do not report your monthly payments to a credit bureau, or they only report transactions and payments to commercial … Read more