Resources

BOSS Is Proud to Announce the Launch of Our Home Accounting Assistant Program

On August 17, 2016, Posted by , In Home Accounting Assistance, By ,,, , With Comments Off on BOSS Is Proud to Announce the Launch of Our Home Accounting Assistant Program

At BOSS, we believe that personal finances should be handled with the same care and attention to detail as a large business.  The Home Accounting Assistant program, whether it is for your personal finances or the finances you manage for another family member, allows clients to have a worry free…

Make Financial Statements Useful With These BOSS Tips!

On August 4, 2016, Posted by , In Bookkeeping, By ,, , With Comments Off on Make Financial Statements Useful With These BOSS Tips!

Knowing how to work with the numbers shown in a company’s financial statement is an essential skill for small business owners. Yet, too many of them have financial statements that are not useful for decision making, inaccurate, or are generated so late that they are no longer relevant. Luckily, the…

Balance Sheet vs P&L – What’s The Difference?

On July 28, 2016, Posted by , In Bookkeeping, By ,, , With Comments Off on Balance Sheet vs P&L – What’s The Difference?

Balance sheets and income statements (P&L’s) are the two most important reports business owners need to run their business efficiently. These reports aid in measuring the performance and financial health of the company, and it is vital that these reports are accurate when making certain decisions. While both statements are…

How Much Should a Small Business Owner Pay Him/Herself?

On July 21, 2016, Posted by , In Bookkeeping, By ,, , With Comments Off on How Much Should a Small Business Owner Pay Him/Herself?

For most small business owners, their own salary is one of the easiest expenses to overlook, with only about 51% actually getting paid. If you’ve started a small business, it is important for you to know that your time is valuable, but it will come with many questions. When should you start paying yourself? What do…

FAQ About Outsourcing Your Bookkeeping to The BOSS

On July 14, 2016, Posted by , In Bookkeeping, By ,, , With Comments Off on FAQ About Outsourcing Your Bookkeeping to The BOSS

The day-to-day details of running a business can leave you little time for finding the help that can make your job easier. That’s why you need BOSS – Business Operations, Services and Solutions. The BOSS team provides value-based accounting and strategic planning services to local businesses. We support you by…

Meals and Entertainment: What’s Deductible, and What Isn’t.

On June 30, 2016, Posted by , In Bookkeeping, By ,, , With Comments Off on Meals and Entertainment: What’s Deductible, and What Isn’t.

Just because there is a line item for meals and entertainment, certainly does not mean every dinner or theater ticket is a valid deduction. Although there is a range of expenses that could fall under this category, there are a few rules when it comes to the IRS seeing these…

Thinking of Switching Payroll Providers? Here Is What You Need to Know!

On June 16, 2016, Posted by , In Payroll Services, With Comments Off on Thinking of Switching Payroll Providers? Here Is What You Need to Know!

If there ever comes a time when you are thinking of switching providers, don’t let the stress of a transition stop you. Often times, switching payroll companies can be a lot easier than you think. When switching payroll services, the basic topics to address and focus on are the following:…

How Many of These Financial Terms Do You Know?

On June 8, 2016, Posted by , In Bookkeeping, By ,, , With Comments Off on How Many of These Financial Terms Do You Know?

When you own a business, you are required to navigate industries outside of your comfort zone. Sometimes, learning the common terms used in these industries can be difficult. To give you a hand, we have compiled a few phrases and reports that you should become familiar with to truly understand…

A New Hire Checklist to Perfect Your Hiring Process

On May 26, 2016, Posted by , In Payroll Services, By ,, , With Comments Off on A New Hire Checklist to Perfect Your Hiring Process

One of the most difficult parts of hiring a new employee is finding the time to get it done. Writing job descriptions, posting ads, reviewing resumes, interviewing, and finally bringing an individual on board all while remaining compliant with various laws can be a job all on its own. Hiring…

What Is the Cost of Small Business Payroll?

On May 19, 2016, Posted by , In Payroll Services, By ,, , With Comments Off on What Is the Cost of Small Business Payroll?

When you evaluate payroll services, the numerous options can be a bit overwhelming. Ultimately, what you pay will depend on your company’s needs. Here are the most typical services and fees associated with the cost of payroll, and what to expect from your payroll provider. Common factors that affect payroll…