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General Steps To Starting Your Company’s Accounting Function

Accounting is an essential function for any business, whether a large corporation or a small business. After all, it involves your company’s finances. If you have just started your own business, here are the general steps to commencing your company’s accounting function. Open a bank account for your small business. It is always strongly recommended … Continue reading

Posted in Tax and Accounting Solutions

What Payroll Schedule is Best for Your Business?

Every business has to decide which payroll schedule is best for their outfit and employees. The most common frequencies in the U.S. are monthly, semi-monthly (twice a month), biweekly (every two weeks) and weekly. State laws typically require a minimum pay period — you can always pay more frequently but not less. Each pay schedule … Continue reading

Posted in Tax and Accounting Solutions

4 Reasons You Should Outsource Your Payroll

If you have staff in your business, then you would be no stranger to the problem on managing payroll. Time is “money,” and as a business owner, your time is valuable and probably best spent on high importance tasks that are pointed to business growth. Unified Accounting & Tax has listed 4 reasons you should … Continue reading

Posted in Tax and Accounting Solutions

How to Trim Payroll Without Layoffs

Small-business owners looking to stay afloat in today’s choppy economy have a lot riding against them. Raw materials are pricier. The U.S. dollar is worth less. Credit is harder to come by. And the cost of health care continues to rise. As a result, many entrepreneurs are slashing one of their biggest expenses: payroll. In … Continue reading

Posted in Tax and Accounting Solutions

Why You Should Hire Your Kids During Summer

Do you need some extra help in your business this summer and an excellent tax write-off? Having your children to work in your business, even if only for the summer, is one of the most underutilized tax-saving strategies today. It can also be a great way to teach your kids some work ethic, money-management skills, … Continue reading

Posted in Tax and Accounting Solutions
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