Small Business Blog

Accounting and payroll resources for small business owners.

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Valuable Business Articles & Updates

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2 min read

Businesses Can Strengthen Their Financial Positions with Careful AP Management

Running a successful business calls for constantly balancing the revenue you have coming in with the money you must pay out to remain operational and...

Image showing a clipboard checklist, calculator, pen, and the title about top questions business owners ask accountants.

6 min read

Top 5 Questions Smart Business Owners Ask Their Accountants

As a business owner, you already wear too many hats. One minute you're solving staffing issues, and the next you're figuring out how to keep the cash...

child tax credit document on desk with calculator

5 min read

Individual Tax Credits You Can't Afford to Overlook

Tax credits are the most valuable tax breaks available. Each dollar of credit equals a dollar of tax savings. By comparison, if you're in the 32%...

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2 min read

Four Ways That Family Business Owners Can Transfer Their Wealth

Many family business owners reach a point in their lives when they start thinking about not only their own retirements, but also their families'...

blue background with blocks and arrows pointing up

2 min read

How Can Your Business Set the Stage for Organic Sales Growth?

For businesses looking to reach the next level of success, there’s no bigger star than organic sales growth. Simply defined, this is achieving an...

bitcoin coin on white background with chart on it

3 min read

Crypto May Be Cool, But It's Not Tax-Free

The popularity of cryptocurrency — including Bitcoin, Ethereum and Dogecoin — continues to hold steady, if not grow. But no matter how cool crypto...

Blog cover with the title

5 min read

How the One Big Beautiful Bill Act Affects Small Businesses

If you own a small business, the so-called One Big Beautiful Bill Act is going to affect you.

Blue cover image with the title 'How TMA Determines Monthly Pricing for Accounting, Tax, and Payroll Services' alongside icons of a calculator, calendar, dollar bill, checklist, and upward graph.

5 min read

How TMA Determines Monthly Pricing for Accounting, Tax, and Payroll Services

Let’s face it—when it comes to accounting, taxes, and payroll services, most small business owners are flying blind when trying to budget. Pricing...

A comparison of Toast, Clover, and Square POS systems with icons in orange, green, and blue, against a beige and green background.

6 min read

Best Restaurant POS Systems Compared: Toast, Clover, and Square

Running a restaurant is exciting, but it’s not easy. On any given day, you’re juggling orders, staff, inventory, payments, and maybe even a few...

Graphic with the title '8 Questions to Ask When Looking for a New Accountant', featuring icons of a checklist, calculator, magnifying glass, and financial chart.

5 min read

8 Questions to Ask When Shopping for a New Accountant

Imagine this: It’s late February, and tax deadlines are right around the corner. You email your accountant—again—asking for clarity about a deduction...

Flat illustration with bold title on beige background, featuring financial icons like charts, report, calculator, and money bag.

5 min read

3 Ways Accountants Help Small Businesses Beyond Tax Time

If the only time you hear from your accountant is in March or April, you might be missing out on the best part of the relationship.

Illustration of financial documents with a magnifying glass, money, and a rising graph, alongside the title 'How Often Should You Check Your Financial Statements?' on a light background.

5 min read

How Often Should You Check Your Financial Statements?

Running a small business is hard enough. Between managing employees, keeping customers happy, and juggling the day-to-day, it’s easy to let financial...

PASBA Accounting Firm of the Year symbol on white background

2 min read

TMA Named PASBA’s Large Firm of the Year—Here’s What That Really Means

At the May 2025 conference of the Professional Association of Small Business Accountants (PASBA), held at the Opal Sol Resort in Clearwater, Florida,...

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...

Title text with bar graph, coins, and money bag on pastel background.

6 min read

What's the Difference Between Profit and Distributions?

Many small business owners see a healthy profit on their books and assume they can take that money home right away. But it’s not that simple. There’s...

coding background with a shield and keyhole on it in the foreground

2 min read

Companies Should Take a Holistic Approach to Cybersecurity

Today’s businesses have two broad choices regarding cybersecurity: wait for something bad to happen and react to it, or proactively address the...

2D illustration showing a spreadsheet with a red question mark, surrounded by a calculator, bar chart, pie chart, and coins. Blue background with scribbles and lightning symbols, conveying accounting frustration.

5 min read

5 Common Accounting Frustrations (and How to Find a Better Solution)

If you’ve ever felt like your accountant just doesn’t “get” your business, you’re not alone. Many small business owners feel overlooked, confused, or...

forms 1065, 1040, and 1120 on a desk

5 min read

5 Common Business Entities and Their Tax Implications

Choosing the right business entity is one of the most important decisions entrepreneurs make when launching or restructuring a business. The type of...

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4 min read

8 Life Events that May Change Your Tax Situation

Life is full of changes, and many significant milestones can affect your tax situation in unforeseen ways. Whether you're getting married, welcoming...

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 with accounting and bookkeeping icons and bold text

5 min read

What's the Difference Between Accounting and Bookkeeping?

Is accounting just a fancy word for bookkeeping, or are they totally different?

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...

Graphic with a scale balancing pros (storefront and growth) and cons (calculator, dollar sign) of owning a small business.

5 min read

Pros and Cons of Owning a Small Business

Let’s be real: owning a small business is not for the faint of heart.

Guide on switching accountants with icons of old and new folders, checklist, and pen.

5 min read

How to Switch Accountants: A 5-Step Guide for Small Business Owners

Switching accountants might sound like a hassle, but sometimes it’s the smartest move you can make for your business. If you’ve ever felt ignored by...

Flat illustration of a loss document connected by a bridge to a tax relief chart.

2 min read

Can You Turn Business Losses into Tax Relief?

Even well-run companies experience down years. The federal tax code may allow a bright strategy to lighten the impact. Certain losses, within limits,...

Illustration of a central figure surrounded by interconnected colorful pegs, representing a network or social connection structure.

2 min read

4 Ways Business Owners Can Make the Leadership Connection

To get the most from any team, its leader must establish a productive rapport with each member. Of course, that’s easier said than done if you own a...

notebook with

4 min read

Don't Let Quarterly Estimated Tax Payment Obligations Catch You Off Guard

If you're self-employed, run your own small business, or have rental or investment income, there's a good chance you must make quarterly estimated...

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...

Salaries on a file tab in a filing drawer

2 min read

Corporate Business Owners: Is Your Salary Reasonable in the Eyes of the IRS?

Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s...