I am asked more questions about sales tax than any other topic. For something that should be so simple, the sales tax laws are terribly complicated. Here in North Carolina, the law is even more complex, as each county can set its own sales tax rate. How can you be sure you’re handling sales tax properly? Understand which of your …
Small Business Bookkeeping | 10 Quick Tips
Recently we had a meeting with Raleigh area accountant Lori Aveni of My Shoebox Bookkeeper. The discussion was packed with valuable information and I wanted you to get all my notes! 1. Spreadsheets are good, but not enough. If your business is so small that it only has 5-6 transactions a year, spreadsheets are fine. If you are bigger or …