As an entrepreneur, understanding the purpose of a balance sheet is like learning to take a perfect "financial selfie" of your business. Comprised of three main sections – assets, liabilities,...
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At Acuity, our bookkeeping solutions are structured to grow with you – so you can start with basic tasks, like categorization and reconciliations, and evolve to need help with more...
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Inevitably, there will be moments in your business's lifecycle when you'll outgrow your current accounting support. Maybe your business transactions are getting more complex, and you're having difficulty managing them...
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GAAP, short for Generally Accepted Accounting Principles, is like your financial rulebook. And if you're an entrepreneur, understanding and maintaining GAAP compliance can be super important. But, it's crucial to...
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Imagine you're an entrepreneur planning a cross-country road trip – your business's journey. You've got a map, you've filled up the tank, and you're ready to hit the road. But...
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Section 174 of the Internal Revenue Code (IRC) has historically been a helpful piece of legislation that allows business owners to take tax deductions for research and development costs. However,...
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