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.

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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Common Cash Flow Issues and How to Avoid Them

Posted on Jul 10, 2018 3:45:34 PM

A healthy cash flow is a necessity for any small business. Unfortunately, cash flow problems are all too common among businesses of all sizes. Avoiding the most common cash flow issues is one of the best ways to ensure that your business continues to operate successfully. Below are some of the most common cash flow problems you may encounter, as well as tips for avoiding them.

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Payroll Mistakes Your Business Must Avoid

Posted on Jun 28, 2018 7:00:00 AM

If you have one or more employees, payroll is an essential component of your business operations. Mistakes in payroll can be expensive and inconvenient for your company, so it is important to ensure accuracy at all times. Here are some of the most common payroll mistakes businesses make and how you can avoid them.

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Is Tax Reform Really Helping Small Businesses?

Posted on Jun 12, 2018 12:00:00 AM

Those in favor of the new tax law argued that it would boost small businesses by giving them much-needed breaks on taxation. However, since the law has been passed, the idea that it would be truly helpful for small businesses has been up for debate. Although this reform certainly provides some benefits for smaller businesses, not all businesses will enjoy the same advantages under the new law.

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Pros and Cons of Outsourcing Your Small Business Payroll

Posted on May 24, 2018 9:30:00 AM

If you own a small business and you employ one or more people, payroll is part of your responsibilities. Because handling your own payroll can be overwhelming if you don’t have the time or resources you need, you may decide to outsource this task to a third-party provider. Here are some of the pros and cons of outsourcing your small business payroll:

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Why Hiring Recent Grads Makes Sense for Your Business

Posted on May 11, 2018 8:00:00 AM

Recent college graduates often have a hard time finding jobs. In order to qualify for many positions, a graduate needs experience. However, they can't gain this experience without first getting a job. Although it may seem like it is a risk to hire a recent graduate, bringing these individuals on staff can actually provide many benefits for your company. Some of the benefits of hiring a recent graduate include:

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Don’t forget these 4 factors when hiring seasonal employees this summer

Posted on Apr 30, 2018 8:00:00 AM

As the summer approaches, many businesses are preparing to hire seasonal workers to deal with the resulting increase in customers and orders. Before you begin the hiring process, take some time to consider each of the important issues below.

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The best ways to reap the benefits of your small business tax refund

Posted on Apr 17, 2018 9:00:00 AM

If you paid more taxes than you owed during the previous year, or if you qualify for certain credits, you may receive a small business tax refund after you file your tax return. Although it may be tempting to simply deposit your refund in the business bank account as a cushion, you can often use your refund more effectively in other ways. Here are some suggestions to help you decide how to use your small business tax refund to build your company this year.

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Spring Cleaning: 4 things small business owners can do to freshen up this spring

Posted on Mar 20, 2018 10:45:00 AM

As winter disappears and the weather gets warmer, people everywhere are preparing for spring cleaning. Although spring cleaning may seem like a task for home, it can be beneficial to your business as well. Here are four things you can do to clean up your small business operations this spring.

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