It's that time of the year again where businesses are preparing their end-of-year tax. Corporate income tax is the third largest source of revenue for the federal government. While the amount collected for corporate income tax pales when compared to individual income tax or payroll tax, it still accounts for 1.1 percent of the US GDP.

C-corporations are taxed at a rate of 21 percent by the United States government. In 2019, corporate...

COVID-19 affected business acquisitions - let's find out how. When discussing how the coronavirus impacts businesses, people think in somewhat basic terms. They assume the pandemic forces some companies to close or hurts revenues with others. The effects prove more far-reaching. Such effects become visible when looking at how the outbreak affects mergers and acquisitions.

Mergers and acquisitions remain a vital part of...

During the beginning of 2020, your business may have been following a strategic plan based on the previous year's data and assistance from your finance consultants. Looking at the information related to sales and profits likely offered a greater understanding of the elements driving your revenues. While this can help an economic environment without any major disruptions, your strategies may not have been suited to a world facing a highly...

Incorporating NetSuite into your business provides flexibility, workflow automation, and the ability to scale. However, utilizing this agile enterprise software solution to its full potential may require assistance from an experienced NetSuite software integration expert.

Most marketers strive to cast a wide net. They want to reach as many customers as possible. However, if you are a marketer targeting a niche industry, your target market is relatively small. From a marketing standpoint, it might feel like targeting a niche market puts you at a disadvantage.

However, there are several advantages to targeting a niche market. Much of your success will depend on your ability to create a niche market...

Accountants and bookkeepers are responsible for recording, organizing, and analyzing your business transactions. Among these transactions, your dealings with banking institutions may be the most common one. Most accounting institutions recommend that businesses pay invoices and receive payments directly through their banks. Hence, for small business bookkeepers, your banking statement is one of the easiest ways they can gather information...