Are you looking for reliable bookkeeping services for your business? Like many business owners, you may not know where to start. When you are passionate about your business but the numbers are overwhelming and challenging for you, competent and professional bookkeeping services can easily take care of the dollars and cents on your behalf. If you would like to be truly profitable and successful, you have to keep tabs on your business finances. As a small business owner, if you do not know where you stand on a monthly, quarterly, or annual basis, your chances of surviving and growing can decrea ..read more

These days, companies are increasingly allocating more time and money to content marketing. And the effort is not without good reason, as 67% of marketers suggest that content marketing generates demand and leads. But with a surplus of information and entertainment options available to consumers, is all content marketing worth the effort and resources? Because we live in an information world, many businesses assume that more content and information is better, but the opposite can be true. Information overload can be overwhelming for consumers and lead to decision-making delays. So if you fee ..read more

Accounting and tax software have made it possible for small businesses to get along without having an in-house accountant. Depending on the business’s complexity and the owner’s appetite for accounting tasks, small businesses can thrive for years with just an occasional phone call with an accounting software’s customer support line.   However, as businesses grow, accounting issues get more complex, and tax filings become too cumbersome for owners to handle. That’s when you hire an accountant — either a firm or an employee — to take on the financial tasks that eat up your spare time. &nbs ..read more

Starting a business is a dream that many people have. The idea of creating something that is your own, being your own boss, and being able to turn your passion into a full-time job is compelling. In order to be successful and make your small business idea come to life, you have to take time to figure out all aspects of your business to see if it has potential. While starting a business can be challenging, watching your dream come to life is beyond rewarding. Below, we share some advice on how to get you on your way to making your small business dreams a reality. Conduct Research When building ..read more

Some people enter the small business world knowing this is what they were meant to do. Suzy was not that person. But when her husband proposed that they open one of the first coffee shops in Ogden, Utah, she agreed. And together, they created a business that did more than sell delicious beverages. Listen as Suzy shares how she and her husband grew Grounds for Coffee into a collaborative franchise with a focus on building community.  Website: https://www.groundsforcoffee.com/ Instagram: https://www.instagram.com/groundsforcoffee40th/ Facebook:  https://www.facebook.c ..read more

Want to win $10,000 for your business? Mazuma USA is giving away $12,000 to small business owners across the United States. Any small business can apply for the giveaway, which includes a $10,000 grand prize and two $1,000 runner-up prizes.  “Our focus as a company is helping business owners thrive,” says Greg Nielson, Mazuma co-founder. “We all need help or inspiration at some point in our business journey. We hope this giveaway can provide a boost for small business owners to reach their business goals and the next stage in their growth.”  In addition to the chance to win $10,000 ..read more

In 2021, the average tax refund was $3,039. Small potatoes? Hardly, especially given the economic downturn of the last couple of years. New small business owners may be hopeful for a tax refund, a small gift to invest back into their operations. Not all types of small businesses can receive tax refunds, however. Is yours one of them? Do small businesses get tax refunds? It’s one of the most common questions we receive—in the same way that there are many types of taxpayers, you’ll find there are more than a few types of small business tax entities. Which Businesses Are Eligible for Refunds? In ..read more

Yes. Yes, you do need a bookkeeper even if you have Quickbooks.  We understand that you’re a small business owner, and you want to save money where you can. But relying on software alone may cost you more in the long run. Accountants and bookkeepers can offer so much more than Quickbooks. Why You Need a Bookkeeper Even If You Have Quickbooks Here are just a handful of reasons that having a human touch is better than relying on Quickbooks alone.  Catch More Mistakes No matter how careful you are, mistakes happen. Whether you type the wrong number or write in the wrong column, errors c ..read more

Are you self-employed and using your home for business? If so, you may qualify for the home office deduction. Here at Mazuma, we want to help all of our clients stay compliant, stay organized and save on taxes. Here are some guidelines and tips to help you take advantage of your home office to maximize your tax savings: Can you claim a home office deduction? There are requirements you need to meet to qualify for a home office deduction: Do you use an area of your home regularly and exclusively for business? Are you self-employed? If you answered yes to both questions, you likely qualify. It’s ..read more

Running a small business has its pros and cons. It can be incredibly freeing to be your own boss, but doing your own self-employment taxes? That can be intimidating.  All businesses need to pay annual taxes. If your small business expects to owe more than $1,000 in federal taxes, you’ll also need to pay quarterly taxes. There are several ways to calculate how much (and when) you need to pay. The type of business you are running and the state you live in will affect what you owe.  Let’s look at this in more detail.  Which Taxes Do I Have to Pay?  If you are self-employed, yo ..read more