Tax Records You Should Hold Onto for Your Small Business
Once that tax return is submitted to the IRS, it’s tempting to forget about all your paperwork and move on to the next year. Why would you need that hotel receipt from two years ago if you haven’t...
What to Know About Deductions for Marketing Expenses
In some circumstances, you may be able to deduct some of your company’s marketing expenses on your taxes, depending on how you classify certain business expenses or what you qualify as marketing....
Tax Deductions Your Business Can Benefit From
With the Tax Cuts and Jobs Act going into effect in 2018, there will be big changes in taxes this year. Small businesses will have opportunities to write off some of their expenses from last...
How the New Tax Laws Affect Your Company in 2019
Congress passed the Tax Cuts and Jobs Act (TCJA) in December 2017 and it took effect January 1, 2018, making this the first tax season after one of the biggest tax reform bills in decades. The TCJA...
Steps to Follow Before Hiring Your Agency’s First Employee
Hiring your first employee is a major step for any small business. It’s important you follow all the legal rules and regulations that are in place for that hiring process so your agency can...
The Benefits of Hiring Temporary Workers for Your Agency
If your agency sees seasonal swings with regard to your total workload and the number of projects you’re handling, you might consider hiring temporary workers. While there are some challenges...
Important Factors to Consider When Analyzing Your Agency’s Accounting
Every now and then it’s important to take a close look at your agency’s financial practices and see where you can stand to make some improvements. This is a good habit to get into, as it’ll help...
Why Profitable Agencies Rock The Boat: Taking The Next Step
Profit margins can be tight in creative agencies, especially with as competitive as the market currently is. However, there are still ways you can increase your agency’s profitability. Before...
The Most Important Financial Metrics for a Creative Agency
Tracking your financial metrics helps give you a clearer picture of where your agency currently stands and how it can improve in the future. It also helps you point out any areas of your business...
Key Financial Reports Ad Agencies Can't Do Without
Ad agencies by nature can be a scrappy occupation. More than most businesses, they need to stay on top of their finances to make sure they stay profitable and operate as efficiently as possible....