Small Business Blog

Accounting and payroll resources for small business owners.

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Valuable Business Articles & Updates

Bookkeeping

money bills pouring out of a faucet

2 min read

Business Owners Can Rest Easier with Sound Cash Flow Management

Slow cash flow is one of the leading causes of insomnia for business owners. Even if sales are strong, a lack of liquidity to pay bills and cover...

Illustration with the headline

5 min read

It’s Time to Handle Business Expenses Like a Pro

As a small business owner, you wear a dozen hats. You're leading your team, driving sales, managing customer relationships—and somewhere in the...

Bold white title on a solid blue background with icons of cash, coins, a downward-trending graph, a calculator, and a stop sign

5 min read

5 Ways to Prevent Cash Flow Problems in Your Business

Running a small business takes hard work, long hours, and smart decision-making. Whether you’re managing a restaurant, a dental practice, or a home...

Illustration of financial mistakes: error sign, calculator, and dollar icon on an orange background with text about small business owners.

5 min read

Top 3 Financial Mistakes Small Business Owners Make

Running a small business means wearing a lot of hats—owner, marketer, HR manager, and often, the bookkeeper too. It’s like trying to play quarterback...

Icons of a bar chart with dollar sign and a dollar bill with arrows, illustrating the difference between profit and cash flow.

4 min read

Profit vs. Cash Flow: What’s the Difference and Why It Matters

Have you ever looked at your business’s profit and loss statement and felt pretty good, only to open your bank account and wonder where all the money...

Comparison of QuickBooks, Xero, and FreshBooks apps on tablets over a light green background.

7 min read

Business Accounting Apps Compared: QuickBooks vs Xero vs FreshBooks

When it comes to running a small business, there’s one thing that’s always on your mind: money. Are you spending too much? Can you afford to hire...

QuickBooks – Pros and Cons for Small Businesses

2 min read

QuickBooks – Pros and Cons for Small Businesses

QuickBooks is by far the most popular software system to streamline bookkeeping for small businesses, with many programs in its arsenal. Among them,...

Why is Good Bookkeeping so Difficult (and Important)?

2 min read

Why is Good Bookkeeping so Difficult (and Important)?

TMA Accounting has been helping small businesses with their bookkeeping for nearly 25 years. While a lot can happen in 25 years, we appreciate our...

How does TMA Accounting Determine the Prices it Charges to Clients?

2 min read

How does TMA Accounting Determine the Prices it Charges to Clients?

TMA determines our regular fees based on a formula we’ve developed that considers the volume and complexity of the work to be performed. This...

2023 Q4 tax calendar: Key deadlines for businesses and other employers

1 min read

2023 Q4 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2023. Keep in mind that this...

How Does Better Bookkeeping Help Me Understand Profitability and Taxes?

2 min read

How Better Bookkeeping Helps Me Understand Profitability and Taxes

Often, small business owners juggle various responsibilities while trying to grow their business. Bookkeeping and tax compliance tasks often get less...