The tax planning season is just around the corner. Most small businesses are more focused on the end of summer and gearing up for the fall season. What they should focus on is getting their ducks in a row for the year end and beyond. Here's a reason why small business owners should avoid the SALY (Same As Last Year) and start planning now.
Showing posts with label #SaaS. Show all posts
Showing posts with label #SaaS. Show all posts
Wednesday, August 20, 2014
Tuesday, September 17, 2013
Spilling the Beans on BeansBooks
In an already crowded cloud small business accounting market, enter another competitor. BeansBooks developed by System 76 is a new cloud accounting service that is designed for small to medium sized businesses looking to take their accounting to the clouds.
Competitively priced BeansBooks attempts to keep accounting simple and offers a clean user interface and is open source that will allow programmers to customize the product to their liking. The ultimate goal of the product is less data entry, easier reconciliations, and current information at the fingertips of the small business owner.
Let's spill the beans on BeansBooks in this short video.
Competitively priced BeansBooks attempts to keep accounting simple and offers a clean user interface and is open source that will allow programmers to customize the product to their liking. The ultimate goal of the product is less data entry, easier reconciliations, and current information at the fingertips of the small business owner.
Let's spill the beans on BeansBooks in this short video.
Thursday, October 18, 2012
Are Tablets a Game-Changer for Small Biz?
Small business owners are always looking for the ultimate game changer that will increase their productivity and competitiveness. Their search typically brings them back to technology, due to the fact that tech can improve both a small businesses' people and processes. Take your local bakery (one of my catering/bakery clients sent me these great stollen bites) business for example.
With the use of technology, employees can know in real time how much of certain ingredients they need and have on hand to provide customers with their favorite products. Technology can also help the business coordinate their catering/delivery schedules to ensure that baked goods are enjoyed at the height of freshness. Kinda like these great bake goods I'm eating.
So what are the tech trends that will be the game changers for tomorrow? The increase use of mobile solutions like smart-phones, tablets, and their corresponding apps will be the tech tools that will keep many firms competitive and productive. Based off feedback from surveys and client research, there also seems to be an increase in the interest of tablets and how a small business owner can use them efficiently.
Some of the key areas of concern for small business owners should be to implement a strategy for securing all these mobile devices considering the move to BYOD (Bring Your Own Device) in many firms and the threat of unwanted access to company information if devices get in the wrong hands.
It will be exciting to see which tablets small business owners will be using (or adding via BYOD). With the introduction of the new iPad mini next week, along with the Microsoft Surface tablet, a small business owner's holiday wish list is sure to grow!
Are you using (or will be using) tablets in your small business?
With the use of technology, employees can know in real time how much of certain ingredients they need and have on hand to provide customers with their favorite products. Technology can also help the business coordinate their catering/delivery schedules to ensure that baked goods are enjoyed at the height of freshness. Kinda like these great bake goods I'm eating.
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| My these are good! |
So what are the tech trends that will be the game changers for tomorrow? The increase use of mobile solutions like smart-phones, tablets, and their corresponding apps will be the tech tools that will keep many firms competitive and productive. Based off feedback from surveys and client research, there also seems to be an increase in the interest of tablets and how a small business owner can use them efficiently.
Some of the key areas of concern for small business owners should be to implement a strategy for securing all these mobile devices considering the move to BYOD (Bring Your Own Device) in many firms and the threat of unwanted access to company information if devices get in the wrong hands.
 |
| Will tablets be the game-changer for small biz? |
It will be exciting to see which tablets small business owners will be using (or adding via BYOD). With the introduction of the new iPad mini next week, along with the Microsoft Surface tablet, a small business owner's holiday wish list is sure to grow!
Are you using (or will be using) tablets in your small business?
Monday, October 31, 2005
The Paperless IRS!!
Is The IRS Going Paperless?!?!
As I read thru the Fall 2005 SSA/IRS Reporter newsletter I can not help but noticed almost every article has something to do with the new initiatives both offices are taking to stay ahead of the technological curve. The main story on the front deals with the new Social Security Number Verification Service (SSVS) that allows employers to go online and match employees with their social security numbers before filing W-2 forms. This provides the company the added benefit of due diligence so that additional processing costs will not be incurred for mistakes.
As I read on, another story deals with the new 2006 filing regulations for large corporations (gross assets of 50 million and file 250 returns a year) making it a requirement to file returns electronically. This may be problematic for corporations initially (increased transition costs to conform to the new electronic system), but something corporations must deal with for the 2006 filing. Over time I am sure that corporations will realize better efficiency and scaled economies with the transfer to electronic filing. Another article states that the IRS is now accepting fax signatures on employment tax returns making it easier for businesses to file and submit returns.
The SSA follows suit with an article announcing that magnetic tape will not be allowed in tax year 2006 for W-2 filing. All W-2 forms must be filed online via their secure online suite. One of the more interesting articles I thought was the new EFTPS (Electronic Federal Tax Payment System) batch software that is in development. With the new software tax professionals can send up to 1000 enrollments and 5000 payments in one transmission making our lives a bit easier. I can’t wait for that.
One thing a small business owner can not wait for is to take a practical look at their business operations and see of there are ways to cut costs by going paperless. From paperless filing, and data storage to paperless engagements for service businesses many paperless options can be purchased at a small cost and implemented quickly. Paperless environments also make your daily operations move more efficiently and effectively. A small investment in technology may make a large impact on the bottom line.
Brian N. Stovall
Consultant - Accounting and Busiess Advisory
The Brico Group, Inc.
www.thebricogroup.com
As I read thru the Fall 2005 SSA/IRS Reporter newsletter I can not help but noticed almost every article has something to do with the new initiatives both offices are taking to stay ahead of the technological curve. The main story on the front deals with the new Social Security Number Verification Service (SSVS) that allows employers to go online and match employees with their social security numbers before filing W-2 forms. This provides the company the added benefit of due diligence so that additional processing costs will not be incurred for mistakes.
As I read on, another story deals with the new 2006 filing regulations for large corporations (gross assets of 50 million and file 250 returns a year) making it a requirement to file returns electronically. This may be problematic for corporations initially (increased transition costs to conform to the new electronic system), but something corporations must deal with for the 2006 filing. Over time I am sure that corporations will realize better efficiency and scaled economies with the transfer to electronic filing. Another article states that the IRS is now accepting fax signatures on employment tax returns making it easier for businesses to file and submit returns.
The SSA follows suit with an article announcing that magnetic tape will not be allowed in tax year 2006 for W-2 filing. All W-2 forms must be filed online via their secure online suite. One of the more interesting articles I thought was the new EFTPS (Electronic Federal Tax Payment System) batch software that is in development. With the new software tax professionals can send up to 1000 enrollments and 5000 payments in one transmission making our lives a bit easier. I can’t wait for that.
One thing a small business owner can not wait for is to take a practical look at their business operations and see of there are ways to cut costs by going paperless. From paperless filing, and data storage to paperless engagements for service businesses many paperless options can be purchased at a small cost and implemented quickly. Paperless environments also make your daily operations move more efficiently and effectively. A small investment in technology may make a large impact on the bottom line.
Brian N. Stovall
Consultant - Accounting and Busiess Advisory
The Brico Group, Inc.
www.thebricogroup.com
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