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Tax Planning for Small Businesses
Effective tax planning is something most business owners avoid primarily because they do not understand it. However, working with your bookkeeper, CPA, or tax professional could minimize the company’s tax liability. The process can help ensure you pay the lowest tax possible and ensure you have the capital to pay the taxes you owe. What […]
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What is the difference between an Accountant and a Bookkeeper?
Are you thinking about hiring a bookkeeper, an accountant, or both? What is the difference between a bookkeeper and an accountant? We will shed a little light on the roles and responsibilities, highlighting the differences between an accountant and a bookkeeper. In general terms, a bookkeeper is responsible or accountable for processing your business’s day-to-day […]
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How to Choose a Bookkeeping Software for Your Business
It is a new year, and 2021 is an opportunity to clean up from 2020 and set our sights on an organized accounting system for the new year. Small business owners are looking to choose a bookkeeping software for their business. Great idea, but let’s take this a step at a time. Is there a […]
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How do you balance performing financial tasks and growing your business?
There is only so much time in a day, week, or month. Performing financial tasks requires a good deal of skill and a whole lot of time. So many small businesses are started from a strong passion and a desire to do something that the owner is passionate about. We are fortunate to have so […]
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We just had to share this!
Expex is an application dedicated to making financial tasks easier. We have sung this from the rooftops but this week, we heard it direct from a new client. We are paraphrasing her comments but here is what one small business owner from Latham, NY shared with us: “I cannot tell you Tony how much I […]
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How do we embrace artificial intelligence in the accounting space?
First, we need to just simply embrace it! Artificial intelligence has somewhat of a bad rap regarding the perceived ousting of human beings and their jobs in exchange for cheap, free artificial labor. Let’s think about that for a minute. Artificial intelligence really isn’t your enemy, nor should it be feared. Automation and machine learning […]
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Get Your Start Up Organized By Managing Your Accounts Payable
Learn how to get your start up business organized right out of the gate by managing your accounts payable: You’ve put a lot of time, money, and energy into your new start-up company. It feels great to be in a position to start seeing profits and growth, but what about managing your accounts payable? The […]
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The changing face of accounting.
Accounting as we know it today looks nothing like it did in the early 1990’s when you met your accountant to go over your financial statements, financial health and taxes. It was antiquated, slow and expensive. Today’s accountants live with technology although some may not be ready to embrace that, their clients certainly are. Businesses […]
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Happy Valentine’s Day- Save your heart!
Today is Valentine’s Day and from all of us at Expex we wish you and your loved ones a happy and romantic day. Wait, are you a bookkeeping service wishing us a happy and romantic day? Yes, we are and in the spirit of giving, we want you to understand your finances, streamline your accounting […]
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Nonprofits and the need for robust accounting applications.
Yesterday the website The Non Profit Times posted a great article by Andy Wolber entitled, Users Expecting Accounting Applications Will Do Much More. Mr. Wolber delves into the latest trends in accounting systems for nonprofits and the benefits provided by these systems in terms of visualization, transparency, and integrations with other systems. “Nonprofit financial managers […]