Tag Archives: Financial Advice

9 Smart Bookkeeping Tips for Small Businesses

Are you a numbers person?

Some small business owners love going over their books — after all, it’s their personal scorecard of how well the business is doing. Others dread dealing with numbers or get so caught up in day-to-day operations that they neglect their bookkeeping. Whether you love it or hate it, good bookkeeping is Continue reading

Is It Time To Raise Your Prices?

Are you braver than Amazon?

Amazon made news in April when the e-commerce giant announced plans to raise the price of its annual Prime membership to $119, up from $99. A $20 annual increase works out to less than $2 a month, which certainly isn’t much, especially when you consider that it Continue reading

Can You Answer These 10 Basic Money Questions?

April was Financial Literacy Month—which means 30 days dedicated to more financial literacy than most of us ever got growing up.

Only 17 states require that students take a personal finance course to graduate from high school, a number that’s barely budged in Continue reading

How Much Time & Money Does TSheets Time Tracking Actually Save?

We say it all the time, “TSheets saves you time and money!” But exactly how much?

To get to the bottom of things, we surveyed 924 businesses that use TSheets for time tracking, payroll, and/or invoicing. Here’s what we found Continue reading

What to Do If You Are the Subject of a Tax Investigation?

Few things are quite as daunting as receiving a letter from the Internal Revenue Service informing you that you or your business is the subject of a tax investigation. Even if you’re convinced your tax returns are accurate and have been filed on time then the process can still be stressful, but if you have a suspicion there could be Continue reading

New Tax Law Offers Many Perks for Self-Employed

The tax reform law overhauls the Internal Revenue Code and provides broad tax relief to workers, families and businesses of all sizes.  Beginning in Tax Year 2018, tax rates are lowered for individual and business taxpayers and various tax deductions and credits are changed up.  A typical family of four earning $73,000 a year could receive Continue reading

3 Reasons Why Fudging Your Taxes Is a Really, Really Bad Idea

From all-cash Christmas bonuses to cryptocurrency transactions, it can be tempting to omit hard-to-track income from your tax return (or to forget to include it). Plenty of people do: The IRS estimates the “tax gap” totals more than Continue reading

4 Over-Hyped Tactics That Don’t Grow Your Business but Do Waste Your Time

There’s a basic strategy that grows every business. If you have been in business for any amount of time, you know that you need lead generation, a customer base, and a way to consistently get in front of your potential audience. Businesses fail when there is no Continue reading

Business Insurance: The Safety Net Your Small Business Needs

Do you have insurance for your small business? If not, you’re not alone. Fewer than three in 10 small business owners in a recent survey by Manta and Insureon have a business owner’s policy, the basic business insurance that covers general liability insurance and commercial property insurance to protect you from Continue reading

6 Tips to Build an Emergency Fund for Your Business

What happens if your clients don’t pay you on time or your computers go down and you need to buy a new suite? Business emergencies aren’t uncommon, and whether they result from physical theft, digital theft, natural disasters, or other emergencies, their cost can be Continue reading

Trim Small Business Expenses: 6 Things to Do This Week

As an entrepreneur, you know that launching a small business from square one is a daunting, years-long task.

“The entrepreneur who creates a mobile app that is wildly popular overnight [is] a miracle story, not a success story,” writes Startups.co founder and CEO Wil Schroter. “Don’t ever use that as Continue reading

A Beginners Guide into How the Stock Exchange Works

What are stocks and why do they exist? Every day in the news we hear about the stock exchange, stocks, and money moving around the globe. Still, a lot of people have no idea why we have stock markets at all because the topic is usually very dry.

This is a short video about the basics of Continue reading

Balancing Life as an Entrepreneur

Some of you may have been told before, “You should start a business.” I am certain that many of you reading this article have either heard that phrase or know someone who has started a business. This is not another article about how to start a business or why you should start a business. I, along with a number of others have written enough about that subject to last for the next decade. What I would like to discuss are three elements of entrepreneurial life that I believe are at the core of Continue reading

Differences Between the Habits of the Rich & the Poor

Here at Four Rivers Accounting we believe money is not inherently evil, but that greed certainly is. By no means are we posting this to look down on or ridicule those less fortunate, but simply pointing to some interesting information. Good habits are a great thing, and they will help much more than your wallet.

Tom Corley, on his Continue reading

How You Can Protect Yourself Against Data Breaches

In the world of data breaches, the Equifax breach is pretty bad. Hackers were able to gain access to social security numbers, names, birthdates, addresses and, in some cases, driver’s license and credit card numbers. So what can you do to protect yourself?

Here are some options to Continue reading