Take Your Small Business Further

With Tax-Saving News And Tips

“Small business” and “taxes” are two terms often associated with stress. Padgett wants you to know that it doesn’t have to be that way. Read our blog to become more comfortable and confident with small business finance, tax and more.

Best Practices for Small Businesses this Holiday Season

Posted on Dec 6, 2018 10:25:00 AM

The holiday season can be a lucrative time for businesses. However, it is also one of the busiest times of year. If small business owners are not prepared to handle this busy season properly, they may miss out on important opportunities and/or lose money because of errors that could have been avoided. Below are some tips to help your business make the most of the holiday season.

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Benefits of Outsourcing Your Business's Bookkeeping

Posted on Nov 21, 2018 8:00:00 AM

Businesses of all sizes must complete certain bookkeeping tasks. In some cases, businesses are able to complete all of these tasks in-house. However, when a business's bookkeeping needs are too complex or time-consuming, it may be better to outsource them to a third-party company. Below are some of the benefits of outsourcing your business's bookkeeping needs.

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Common Mistakes Small Business Owners Make and How to Avoid Them

Posted on Nov 7, 2018 8:00:00 AM

Owning a small business isn't easy. However, with proper planning and careful implementation of these plans, small business owners are often able to build successful companies. One of the best ways to improve your company's chances of success is to avoid some of the most common and damaging mistakes made by small business owners. These mistakes include:

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Small Business, Big Talent: How to Find the Best Employees to Hire for your Small Business

Posted on Oct 24, 2018 9:00:00 AM

Most business owners are already aware that hiring the right talent is essential to the ongoing success of the company. However, when you are operating a small business with limited resources, you may find that it is more difficult to find quality employees. Fortunately, there are steps you can take to ensure you are bringing in the best candidates.

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How to Solve the Biggest Problems with Payroll

Posted on Oct 10, 2018 8:00:00 AM

If you have employees, payroll is part of your everyday life as a business owner. Managing payroll can be a big job, especially when you have many other tasks to handle. As a result, many business owners find themselves dealing with payroll problems. Below are some of the most common payroll problems business owners experience, along with tips for solving them.

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The Top Accounting Challenges Small Businesses Face

Posted on Sep 19, 2018 10:00:00 AM

Accounting is an important component of business operations, regardless of the size of the company. However, smaller businesses often face unique accounting challenges that larger businesses may not encounter. Below are some of the most common accounting challenges small businesses can face.

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Employee or Contractor? What is the Gig Economy and Why is it Blurring the Line?

Posted on Sep 5, 2018 9:00:00 AM

When any individual is working for your company, you are faced with the task of classifying that person as an employee or an independent contractor. This classification has implications for both wages and taxes, so it is important to classify every individual correctly. However, thanks to the rise of the "gig economy," it has become more difficult for businesses to accurately distinguish between employees and independent contractors.

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Effective Ways to Keep Your Business Finances Well Organized

Posted on Aug 22, 2018 10:00:00 AM

As a business owner, you need to manage your finances effectively in order to operate your business successfully and maximize profitability. In order to manage your finances well, you need to be organized. Below are some tips to help you keep your finances organized and easy to understand.

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5 Accounting Challenges Startups Face and How to Fix Them

Posted on Aug 8, 2018 9:10:00 AM

When you start a new business, establishing solid accounting practices is essential to your success. However, many startups face accounting challenges that make it more difficult for them to get off on the right foot. Here are five of the most significant accounting challenges your startup may face, along with tips for dealing with them.

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How Small Businesses can Recover Debt and Improve Cash Flow

Posted on Jul 25, 2018 4:00:00 PM

Small businesses rely on a solid flow of cash to keep their businesses operating efficiently and profitably. However, when you have unrecovered debts, your cash flow suffers. Below are some tips to help you recover unpaid debts and improve your cash flow.

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