Taurus CPA Solutions, LLC Receives 2020 Best of Ellicott City Award Ellicott City Award Program Honors the Achievement ELLICOTT CITY October 21, 2020 -- Taurus CPA Solutions, LLC has been selected for the 2020 Best of Ellicott City Award in the Tax Preparation Service category by the...
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The pandemic has had a global impact on business finances, and many companies are facing challenges they never anticipated. It’s forced businesses to take a step back, re-prioritize, and learn to be adaptable and flexible in uncertain times. If you’re struggling to navigate these uncharted...
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The basis of the organization’s accounting system starts with bookkeeping. Bookkeepers are tasked with recording and classifying all of the transactions; which is no simple task! If you’re a small business owner, you have two options — set up your own accounting system, or hire someone...
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Small business owners have a lot on their plate as is, and handling the financials alone can be tricky. Having an accounting software can help save you time, and ensure the job gets done accurately and efficiently. It will also help to automate your workload,...
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Building a great team means retaining your best employees. And one of the best ways to keep employees on board is with a great benefits package. Unfortunately, this can be a daunting task for small businesses. Benefits are costly and tricky to navigate, and there...
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A 401(k) plan, or retirement contributions, can help you and your employees save for retirement with pre-tax dollars. This gives you time to save money until you need to take it out. When a 401(k) is structured well, it can increase employee morale and retention. Despite...
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It goes without saying that COVID-19 has caused financial stress on small businesses across the globe. In fact, in the first week of forced closures and shelter-in-place orders, we saw as much as a 62% decline in the number of hours employees at small businesses...
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Small business owners are the backbone of America. In fact, there are over 30.2 million small businesses operating in the United States. Being a small business owner can be challenging, though, especially in difficult economic times. One area that small business owners should pay close...
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That is the question on every small business owner’s mind. The Coronavirus Aid, Relief and Economic Security (CARES) Act was passed on Friday, March 27, 2020 to provide timely aid to business owners during this health crisis that has affected us all. We will continue...
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Many small business owners start out handling their own in-house finances to save money. This tends to work well in the beginning, especially when businesses only have a few clients or customers. Over time, though, this process becomes a lot more involved, especially when you factor...
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