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Expense Tracking Tips

Expense Tracking Guide for Your Business

May 31, 2024

Managing your finances is crucial for success as a small business owner. One essential aspect of financial management is expense tracking. Keeping a close eye…
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What a Board Should Look for in Financial Statements

May 31, 2024

Reviewing financial statements to board of directors is a critical task board members may undertake to evaluate an organization’s compliance and budgetary status. To best…
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Tax Planning Strategies for Retirement

May 31, 2024

You’ve likely put aside money toward retirement to supplement social security and help ensure financial stability when you leave the workforce. Yet, have you thought…
a man and a woman are looking at a computer screen discussing financial audits

Auditing vs. Assurance Services: Is There a Difference? 

May 3, 2024

Many people use auditing and assurance interchangeably. Accounting firms often group these services together, as assurance typically comes directly after auditing. Although the processes are…
affordable nonprofit accounting services

Understanding the Importance of Accounting in the Nonprofit Sector

April 23, 2024

Nonprofits consist of people who are passionate about making their communities and the world better. They provide a place where people can work together toward…
Guide to Paying Hybrid, Out-of-State and Remote Employees

Guide to Paying Hybrid, Out-of-State and Remote Employees 

February 27, 2024

Working with remote, hybrid and out-of-state employees is a rising trend that offers exciting benefits like wider customer reach, more efficient business operations and more…
two men looking at a laptop with the words what do i do with my audit report once received

What Do I Do With My Audit Report Once Received?

January 29, 2024

Audit reports are written assessments of whether a company’s financial statements comply with generally accepted accounting principles (GAAP) and are free of incorrect information. Auditors’…
professional accounting

Does Your Faith-Based Organization Need Professional Accounting Services?

August 23, 2023

Professional accounting services for faith-based organizations’ finances are unique. These services require a specialized understanding of the distinct financial needs and regulatory considerations within this…
a man and a woman are smiling while looking at a laptop discussing financial tax audits

What Is Accounting Software?

August 2, 2023

Do you want to optimize your business’s financial management with ‌accounting software? Learn how to determine your business’ accounting needs and choose the best tool….
Maintain Tax Exemption in Atlanta

How To Maintain Tax Exemption Status

July 10, 2023

Maintaining tax exemption status is essential for Atlanta nonprofits and certain businesses. Furthermore, tax-exempt status not only helps you save money but also opens up…
Debt management tips

Debt Management Tips for Business Owners

June 15, 2023

Managing debt can be difficult, especially when you are a business owner with multiple loans, to keep up with. Keeping a handle on your finances…
Small business accounting

Enhance Your Small to Midsize Business Accounting Processes

June 15, 2023

For small to midsize businesses in the Greater Atlanta area, outsourcing accounting services can provide significant benefits. Managing the accounting function of a company is…
a small business accounting mistakes to avoid poster

Small Business Accounting Mistakes to Avoid

February 6, 2023

Bookkeeping is an essential business function that contributes directly to your organization’s sustainability by providing insights into its financial health. Accurate records help a business…
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Bookkeeping Basics for Small Businesses

October 14, 2022

Business bookkeeping basics are essential to a small business’s success in maintaining compliance and monitoring milestones. The tax professionals at Marshall Jones have put together…
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When Should You Hire an Accountant?

September 9, 2022

Every small business should know when to hire an accountant. In general, it’s advisable to meet and build a relationship with a certified public accountant…
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What Is an Audit Report?

August 19, 2022

An audit report is the written opinion of a qualified auditor regarding your business’s financial statements. The report is presented in a standardized format and…
What Are the Principles of Auditing?

What Are the Principles of Auditing?

July 22, 2022

Every organization must ensure that its financial statements are correct and comply with all applicable federal and state regulations. Auditing is the process of reviewing…
how to prepare for an audit in three easy steps graphic

How to Prepare for an Audit in Three Easy Steps

May 27, 2022

You know you need an audit — but do you know how to prepare for it? From determining which type of audit you need to…
a woman with red nails using a calculator and writing down numbers

What Business Expenses Are Tax Deductible?

March 25, 2022

Whether you own a salon or a manufacturing company, running your business will come with operational expenses. If your business exists and operates to make a…
a man in a suit and tie sitting down and using a tablet

What Is the Federal Gift Tax? 

March 15, 2022

Just as the federal government collects taxes on your income, it also collects taxes on large sums of money gifted to people, organizations and churches….
two crosses on a hill with a cloudy sky in the background

Why Churches Should use QuickBooks for Accounting

January 24, 2022

The world of church accounting is vastly different from accounting for for-profit entities. There are many unique challenges facing religious organizations. One of the first…
A priest in white vestments stands before his congregation, speaking from a book in a dimly lit, traditional church.

Do Churches Need Accountants?

December 21, 2021

The world of church accounting is vastly different from accounting for for-profit entities. Religious organizations face many unique challenges, such as restricted donations, differences in financial reports and payroll for ordained…
A person makes an online charitable donation on their laptop as part of an end-of-year giving campaign.

How Much Do Charitable Donations Reduce Taxes?

December 8, 2021

Charitable donations provide an excellent way for businesses and individuals to support their communities. Whether you make a monetary gift to a nonprofit entity or…
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Tax Facts to Know When Selling Your Home

November 30, 2021

Selling your home for a profit is an exciting opportunity. However, you should know a few things before you begin the process. This guide to…
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Tax Tips for Starting a New Business

November 24, 2021

Filing business taxes for the first time might be intimidating. Whether you own a salon or a manufacturing company, correctly filing your taxes is a…
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Understanding Financial Statements

October 20, 2021

Financial statements are a significant player in projecting company growth, expenses and stockholder’s love when they see growth. Every business owner needs to understand how…
woman reading papers on nonprofit vs for profit accounting

Nonprofit vs. For-Profit Accounting

September 21, 2021

When starting a company, one of the first decisions you need to make is whether the business should be a for-profit company or a nonprofit…
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Tips for Accounting Students From the Partners at Marshall Jones

August 24, 2021

As a college student, you have a lot of navigating to do when entering the workforce. That’s why the partners at Marshall Jones want to…
a person holding a pen over a piece of paper that says "termination agreement"

How to Review The Form 5500

July 21, 2021

Sponsoring employee benefits helps businesses attract and retain talent. Form 5500 is a document required for most sponsors, and filing it can present a challenge…
a cartoon megaphone with a speech bubble that says audit

401K Audit Checklist

May 27, 2021

Many employers are realizing the need to offer benefits to retain and recruit top talent. One of the most common benefits that we see used…