3 min read
Hit the Ground Running: 7 Tips for New Business Owners
Launching a new business can be a daunting endeavor. As soon as you form the company, you'll face many important decisions — ranging from the mundane...
Accounting and payroll resources for small business owners.
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3 min read
Launching a new business can be a daunting endeavor. As soon as you form the company, you'll face many important decisions — ranging from the mundane...
2 min read
The strength of every business is its people. But if your top managers aren't getting the most from their respective teams, your company is operating...
1 min read
It's the goal of every boss: Hire the right person to fit the right job. To achieve this goal, put more time and energy into a job analysis, which...
1 min read
Profit growth and business expansion are two key goals for many family businesses. In order to successfully reach your targets, however, you must...
2 min read
Tax-favored fringe benefits can help your business attract and retain skilled workers. One benefit that's been around for decades and is typically...
6 min read
As year-end approaches, small business owners should review their tax situations to determine ways to lower federal income taxes for the current tax...
2 min read
Each accounting firm or service provider has their own way of operating and serving their clients. While the goal for each is ultimately the same,...
2 min read
Running a small business requires the owners to juggle a lot. These tasks can take up much, if not most, of your time. So, it can be hard to keep...
2 min read
Tax season is long over, but tax scams are thriving. The IRS is warning taxpayers about emails and text messages that promise refunds and credits but...
3 min read
The Setting Every Community Up for Retirement Enhancement (SECURE) Act brought numerous changes to the retirement and estate planning landscape in...
3 min read
Some taxpayers may be unaware of all the federal tax reporting requirements for cryptocurrency transactions — especially when it comes to issuing and...
2 min read
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...
1 min read
When your company sponsors a qualified retirement plan, you must comply with complex rules established by the IRS and the Department of Labor. Ignore...
2 min read
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...
1 min read
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...
2 min read
Often, small business owners juggle various responsibilities while trying to grow their business. Bookkeeping and tax compliance tasks often get less...
2 min read
It is not uncommon for small business owners to find themselves working with an accounting firm that isn’t a great fit for their needs. A mismatch...
4 min read
It's hard to believe that 2023 is already half over. Although summer is a time for vacations and relaxing in the backyard, you can't afford to take a...
3 min read
Even at the best of times, the future is unpredictable. As anyone who has run a business for any length of time understands, there will often be...
3 min read
A "100% penalty" can be assessed against a responsible person when federal income tax and/or federal employment taxes are withheld from employee...
2 min read
If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect your...
2 min read
A Great Accounting Team AND YOUR NEEDS! One of the challenging things a small business owner must do is to create and maintain accurate and reliable...
3 min read
There's more to paying taxes than just federal and state income taxes. Another major tax chore for employers is payroll taxes. These expenditures can...
1 min read
If you've considered setting up a retirement plan for your employees and decided it was too costly or too much trouble, there is an alternative. No...
2 min read
Once a business is up and running, one fundamental aspect of operations that’s easy to take for granted is billing. Often, a system of various...
2 min read
Have you ever asked yourself the question, can my business afford an accounting service? My guess is yes. Generally, the small business owners we...
2 min read
When starting a small business, determining how you’ll handle the bookkeeping, accounting, and taxes isn’t exactly the first thing people choose to...
4 min read
Proactive business owners always have an eye on the future. And part of that preparedness means knowing what the company is currently worth and doing...
2 min read
They say little things mean a lot. And relatively small expenses can add up to a huge amount of money your company could be wasting.
2 min read
Despite the COVID-19 pandemic, government officials are seeing a large increase in the number of new businesses being launched. From June 2020...
2 min read
Most of us are taught from a young age never to assume anything. Why? Well, because when you assume, you make an … you probably know how the rest of...