Small Business Blog

Accounting and payroll resources for small business owners.

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Valuable Business Articles & Updates

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4 min read

Department of Labor Updates Rules on Worker Classification

Navigating Worker Classification: How to Keep Your Small Business on Track with the Department of Labor's New Rules If you're a small business owner...

tip jar filled with money and coins on a table

3 min read

Paying Out Tips - Daily, Weekly, Payroll?

Do you remember your first day of work at your job? I remember being equally excited for the new adventure and anxious about how well I would do. I...

BOI logo and reporting requirements

3 min read

Most Small Businesses are Required to Report "Beneficial Ownership Information" (BOI) to Feds by the end of 2024

The Corporate Transparency Act (“CTA”) was enacted into law and requires most businesses to report certain “beneficial ownership information” (“BOI”)...

Six Things Restaurant Owners Should Look for in an Accounting Service Provider

2 min read

Six Things Restaurant Owners Should Look for in an Accounting Service Provider

Running a restaurant can be challenging, to say the least. Handling finances while managing day-to-day operations can be overwhelming. That’s why...

How TMAs Payroll Service Works

2 min read

How TMA's Payroll Service Works

Twenty-five years ago, TMA was focused solely on helping small businesses get a handle on bookkeeping and taxes. Providing payroll services was not...

Setting Goals for Your Small Business

2 min read

Setting Goals for Your Small Business

Setting goals plays a pivotal role in shaping the success and growth trajectory of small businesses. It's a practice that every small business owner...

The Value of Using One Service Provider for Accounting, Payroll, and Taxes

1 min read

The Value of Using One Service Provider for Accounting, Payroll, and Taxes

Navigating the landscape of accounting and payroll decisions is an essential choice for small business owners. There are advantages to bringing these...

What is Bookkeeping, and Why is it important for Small Businesses?

2 min read

What is Bookkeeping, and Why is it important for Small Businesses?

Running a small business requires you to understand the financial health of the business. Most people know that a business’s financial statements...

QuickBooks – Pros and Cons for Small Businesses

2 min read

QuickBooks – Pros and Cons for Small Businesses

QuickBooks is by far the most popular software system to streamline bookkeeping for small businesses, with many programs in its arsenal. Among them,...

What Accounting Services Does My Small Business Need?

1 min read

What Accounting Services Does My Small Business Need?

One of the most common statements we hear from prospective clients is, “I don’t know what services my business needs.” At first glance, accounting...

Have You Outgrown the Year-end Accounting Approach?

1 min read

Have You Outgrown the Year-end Accounting Approach?

When you start a small business, many items are on your to-do list. While bookkeeping, accounting, taxes, and payroll may not be your favorite...

Six Reasons TMA May not be a Good Fit for your Business

2 min read

Six Reasons TMA May Not Be a Good Fit for Your Business

We believe that investing in good accounting processes can benefit most small businesses. While we love helping small business owners, not everyone...

What Makes TMA Accounting Different from Other Accounting Firms?

2 min read

What Makes TMA Accounting Different from Other Accounting Firms?

Each accounting firm or service provider has their own way of operating and serving their clients. While the goal for each is ultimately the same,...

Why an Accounting Service is Worth the Cost for Your Small Business

2 min read

Why an Accounting Service is Worth the Cost for Your Small Business

Running a small business requires the owners to juggle a lot. These tasks can take up much, if not most, of your time. So, it can be hard to keep...

Why is Good Bookkeeping so Difficult (and Important)?

2 min read

Why is Good Bookkeeping so Difficult (and Important)?

TMA Accounting has been helping small businesses with their bookkeeping for nearly 25 years. While a lot can happen in 25 years, we appreciate our...

How does TMA Accounting Determine the Prices it Charges to Clients?

2 min read

How does TMA Accounting Determine the Prices it Charges to Clients?

TMA determines our regular fees based on a formula we’ve developed that considers the volume and complexity of the work to be performed. This...

How Does Better Bookkeeping Help Me Understand Profitability and Taxes?

2 min read

How Better Bookkeeping Helps Me Understand Profitability and Taxes

Often, small business owners juggle various responsibilities while trying to grow their business. Bookkeeping and tax compliance tasks often get less...

What Services Does TMA Accounting Provide?

2 min read

What Services Does TMA Accounting Provide?

In the ever-changing landscape of running a small business, having a relationship with a reliable accounting firm can be a great asset to your...

How to Transition to a New Accounting Firm

2 min read

How to Transition to a New Accounting Firm

It is not uncommon for small business owners to find themselves working with an accounting firm that isn’t a great fit for their needs. A mismatch...

WHAT YOU SHOULD EXPECT FROM A GREAT ACCOUNTING TEAM

2 min read

What You Should Expect from a Great Accounting Team

A Great Accounting Team AND YOUR NEEDS! One of the challenging things a small business owner must do is to create and maintain accurate and reliable...

Can my business afford an accounting service?

2 min read

Can My Business Afford an Accounting Service?

Have you ever asked yourself the question, can my business afford an accounting service? My guess is yes. Generally, the small business owners we...

Annual Accounting Services vs. Monthly Accounting Services What’s Best For My Small Business?

2 min read

Annual Accounting Services vs. Monthly Accounting Services

When starting a small business, determining how you’ll handle the bookkeeping, accounting, and taxes isn’t exactly the first thing people choose to...