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How to Eliminate Human Error From Your Accounting

[ad_1] How to Eliminate Human Error From Your Accounting: It’s hard to believe that 82 percent of business that shut their doors cite a poor understanding of management of cash flow as the primary reason. Even profitable businesses run into cash flow issues. “The thing that sinks entrepreneurs again and again is conflating profit with […]

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An Introduction to the Pass Through Concept

[ad_1] An Introduction to the Pass Through Concept: To understand the differences between business structures, it’s important to consider how a particular structure impacts your taxes. Some businesses are pass through entities, and others are not. Sole Proprietorships These entities pass through profits and losses directly to a single owner. Assume, for example, that Bob […]

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Using Your 401k to Reduce Taxable Income

[ad_1] Using Your 401k to Reduce Taxable Income: As you file your taxes, you’re probably thinking about ways to reduce your taxable income. Did you know that there are a lot of strategies you can use with your retirement funds, like your IRA and 401(k), to reduce your taxable income? Save for the future and […]

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My Business Web Space

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