The fact is, phone calls are a crucial part of the new business equation. With the advent of the mobile internet, consumers can now order and pay for their goods and services over the cellular …

What Types of Inventory Does a Manufacturing Business Report on the Balance Sheet?
The typical manufacturing company will break its inventory down into three categories: raw materials, work-in-process, and finished goods. This helps to ensure that the manufacturer is maximizing production and storage space. It also helps to …

Why Is Accounting Called the Language of Business?
There is no question that accounting is a very important aspect of running a business. It provides critical information that is essential for making smart decisions. For this reason, it is sometimes called the language …

How Many Years Can You Claim a Business Loss on Your Taxes?
If you own a small business, you may be wondering how many years can you claim a business loss on your taxes. This question is important because the IRS is not obligated to allow you …

What is the Business Tax Filing Deadline?
If you own a small business, you will need to file your taxes on a regular basis. Depending on the type of business you own, you may have different deadlines for filing. This can make …

What is Small Business Tax Rate in Canada?
The federal government offers a small business tax rate of 9% to businesses that have taxable capital of less than $10 million. There is a limit to the number of businesses that can take advantage …

What Do I Need to Give My Accountant For Small Business Taxes?
If you own a small business, it is likely that you will have to file a tax return. While it may seem like a daunting task, there are things you can do to prepare for …