Tag Archives: small business accounting

Business Owner Year End Tax Planning

A common comment we hear from business owners who contact Sunbelt Texas about selling a business is “I didn’t know a year (or 2 or 3) ago I would be selling my business so soon.” Before you file your 2017 taxes, keep in mind that a buyer and the buyer’s lenders will look very closely […]

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Small Business Accounting Cash vs Accrual Made Easy

Small business accounting – Cash vs Accrual – Does it matter? Yes it Does. It is not uncommon for us to receive financial information from business owners where for instance the tax returns are done on a cash basis and the financials are done on accrual basis. Often they are technically both correct but just […]

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