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Top 7 Reasons Why No Business Should Neglect Bookkeeping

Bookkeeping

In this blog, we will discuss seven reasons why no business should neglect bookkeeping. Bookkeeping is the organization of financial information, and it’s crucial for the long-term success of any business.  1. Performance Analysis  Bookkeeping is a wonderful tool for analyzing business performance. This allows you to know your business’s current strengths and weaknesses.  Once […]

8 Steps To Turn Your Hobby Into a Business

Everyone has a hobby. Hobbies are activities you do in your past time to have fun and enjoy life. But what if you could turn your hobby into a business? That means you could do what you love while making money simultaneously. According to the IRS, that might be possible if your hobby meets certain […]

4 KDA Resources to Better Your Tax Game!

Knowledge is power.  Those knowledgeable in tax law and strategy save the most in taxes every year. Here at KDA, we often get many questions about how we can help you learn, stay connected, and get up-to-date tax information.  Our team is working around the clock to bring content to your fingertips.  So without further […]

The Pros & Cons Of Starting An LLC In 2023!

What is an LLC? LLC stands for Limited Liability Company. It is a business structure that provides limited liability to its owners.   The term “limited liability” basically means the owners of the LLC will not be held personally responsible for any debts or liabilities of the LLC.   If your LLC is sued for […]