Guide to Small Business Tax Accounting | 6 Strategies

February 7, 2024  |  Barton Walter and Krier

Tax season is officially underway, and let’s be honest, it’s not most people’s favorite time of year. You might love owning a business but get nervous every time you think of that April 15 deadline. Don’t worry! At Barton, Walter & Krier, we have all the tips and strategies you’ll need to minimize your business’s tax burden and maximize profitability. Without further ado, here is our 2024 guide to small business tax accounting. 1. Prepare Financial Records The first step to a successful tax season is preparing your financial records. It helps to maintain these records throughout the year so that you don’t have to scramble to find them at the last minute. Track all business income and expenses in one place for easy access. […]

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4 Benefits of Outsourced Accounting Services

January 17, 2024  |  admin

Hiring outsourced accounting services provides numerous advantages to business owners, especially for small- and medium-sized companies. You may wonder, “why outsource when I can do it myself or hire in-house accountants?” Others of you may struggle to keep up with the demands of running a rapidly growing business and are looking for ways to manage your workload. Wherever you are in your entrepreneurial journey, outsourced accounting services can save on resources and help avoid financial pitfalls. Let’s look at four key benefits together. Save Money Whether your business is nonprofit or for profit, you want to cut expenses wherever possible. And the more your business grows, the more expensive it becomes to keep your accounting in-house. Outsourcing your accounting functions saves you money on hiring […]

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