Keeping accurate records of your business’s financial transactions is critical to ensure consistency and avoid bookkeeping mistakes. However, small business owners often make common bookkeeping errors that can lead to significant financial problems.
By Tina Oddleifson If your small business receives income via third-party settlement processors like PayPal, Venmo, and CashApp, you may be in for a surprise. The American Rescue Plan Act (ARPA) passed by Congress in 2021, provided pandemic relief to many small businesses. It also included a bill that significantly changed reporting requirements for third-party… Read more »
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