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13 Business Expenses You Definitely Cannot Deduct
27Oct
13 Business Expenses You Definitely Cannot Deduct
There are many ways for businesses to lower their tax liability with deductions and credits that set off taxes directly with qualifying expenses—you’ll find 92 potential tax deductions in this article. Typically, tax law requires deductible business expenses to be ordinary (common and accepted in your trade or business) and necessary (helpful and appropriate for your trade or business).
3 Financial Metrics I Use to Run My Marketing Agency
6Oct
3 Financial Metrics I Use to Run My Marketing Agency
No successful marketer decides to start their own agency because they love accounting. Not even the most passionate digital marketers who love getting deep into the data, like I did when I started Adficient.
ShearShare Works with inDinero to Balance Their Bottom Line
22Sep
ShearShare Works with inDinero to Balance Their Bottom Line
Mobile app startup founders, Courtney and Tye Caldwell share why they outsource ShearShare's accounting, bookkeeping, and taxes to inDinero.
What to do if You Commingle Personal and Business Funds
10Aug
What to do if You Commingle Personal and Business Funds
One of the most common problems we see from startup founders who are first moving away from DIY accounting is a wide range of “personal transactions” being made with the business accounts.
3 Essential Financial Reports for Your Small Business Bookkeeping
21Jun
3 Essential Financial Reports for Your Small Business Bookkeeping
When it comes to running a business, these three bookkeeping statements are foundational in assessing your financial performance.
Ways to Keep a Positive Cashflow Running for Your Startup
9Jun
Ways to Keep a Positive Cashflow Running for Your Startup
For a startup to survive and succeed, it needs to manage cash flow with utmost care and skill. Founders and business owners often find it challenging to maintain a steady handle on their burn rate, and this has become a common reason for many startup failures.
7 Ways Small Business Owners Can Build Financial Confidence
19May
7 Ways Small Business Owners Can Build Financial Confidence
We recently explored what it means to have "financial confidence" or the knowledge and faith that your business is meeting its fiscal objectives, and the sense of certainty imparted by a robust and accessible set of bookkeeping data.
5 Accounting Problems That Can Sink Your Funding Round
5May
5 Accounting Problems That Can Sink Your Funding Round
You’re a startup CEO. You’re running your business fast and lean. Getting your company’s financials cleaned up and organized is on your to-do list, but so are a thousand other things. You’ll get around to it—just as soon as you secure the loan that will help you scale u
How Receipt Matching Can Make Your Life Easier
28Apr
How Receipt Matching Can Make Your Life Easier
Over the course of your life, you’ve probably known someone who holds on to all their receipts, no matter how old or trivial those receipts may seem.
Does Your Business Have Financial Confidence?
24Mar
Does Your Business Have Financial Confidence?
Ask yourself: How confident are you in your company’s financial position? How much knowledge do you have about the transactions and activity that flow in and out of your books? Not to mention, how much faith do you have in the accuracy of your financial picture?
6 Small Business Revenue Hacks for Uncovering Hidden Cash
10Feb
6 Small Business Revenue Hacks for Uncovering Hidden Cash
When you’re a small business owner, every dollar counts. If you’re new to business, then chances are your revenue stream isn’t predictable yet.
Your #1 Year-End To-Do: Close Your Company’s Books
15Nov
Your #1 Year-End To-Do: Close Your Company’s Books
The last few weeks of every year fly by, but before you get swept away by the hustle of planning for 2017, set time aside to bring the current year to a close
Get Business Taxes Right the First Time & Tips for New Entrepreneurs
14Nov
Get Business Taxes Right the First Time & Tips for New Entrepreneurs
A quick intro from the editor: Steve Kornreich heads inDinero’s NYC-based consulting team that serves entrepreneurs east of Chicago.
Understanding Your 10 Most Valuable Inventory Metrics
11Aug
Understanding Your 10 Most Valuable Inventory Metrics
This goes beyond ad impressions, website clicks, and form fills. In order to make the best decisions that impact your retail business’ bottom line, you need the ability to derive actionable insights from a full scope of business data.
6 Lurking Signs it’s Time to Rethink Your Accounting Plan
25Jul
6 Lurking Signs it’s Time to Rethink Your Accounting Plan
If you surveyed business owners for their feelings about accounting, you’ll likely get a mixed bag of responses. While some embrace the financial world and use it as a learning tool, others dread it and think of it as a necessary evil, and then there are those who are just too terrified to check on their finances altogether