Blog by James Wrenly

Misinformation is everywhere when it comes to taxes. From tax abuses to hearsay among business owners or outdated advice, these tax misconceptions can metamorphose into serious financial and legal consequences. These misunderstandings cause many businesses to fall victim and become subject to audits...

Naturally, the world of business taxes can be daunting for anyone. From annual filing to handling taxes, one must be aware of certain key tax terms to maintain compliance and healthy finances. Misunderstanding even the most basic tax concepts can result in a missed opportunity and costly taxes. We k...

Accounting for small businesses is a much bigger and more complex task than ever in today’s fast-moving business environment. For example, it is necessary to have efficient tools that help keep track of financial transactions, ensure compliance, and generate insightful reports. There are numerous ac...

Being a freelancer or consultant, you’ve got the flexibility of being self-employed but having a grip on your finances can overwhelm you. One of the biggest advantages of self-employment is you can optimize your tax savings through smart expense tracking and tax deductions. However, without a proper...

Starting a business is a fun exercise, but a single financial mistake can be quite stressful. Proper accounting and bookkeeping will keep your startup financially sound and scalable. However many entrepreneurs encounter startup accounting problems that are caused by lack of financial planning, poor ...