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  • Hiring an Independent Contractor: Forms You Need to Have

    checklist for hiring an independent contractor

    Are you considering hiring an independent contractor? An independent contractor is not an employee of a specific company, rather, they do independent work for that company or firm, though some work for another individual. Independent contractors are considered to be self-employed, therefore they may be responsible for Self-Employment taxes. When services are controlled by an…

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    2020 Small Business Tax Calendar: Dates You Should Know

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    Tax season can cause stress months before any paperwork is even due. Our professionals here at Norton Financials can take over your bookkeeping and accounting to help to ease the dreaded deadlines and keep your business on track. What You Need During Tax Season Before we get to the dates that every small business owner…

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    6 Reasons for Small Businesses to Outsource Their Accounting

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    As a small business owner, your time is precious and is often limited. Trying to find and maintain a reliable, trusted employee to take care of your finances may not be feasible, and you’re worried that you’re running out of options. But, one option you may have not considered is to use a reputable outsourced…

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    Why Your Small Business Needs Clean-Up Accounting Services

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    As a small-business owner, you’re used to calling the shots and managing all aspects of your business. But, at times, wearing many hats can be overwhelming, especially when it comes to the finances of your business.  At Norton Financials, we’re passionate about helping small business owners focus on growing their business, while we handle the…

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    End-Of-Year, Tax Season Accounting Guide

    The year is almost coming to an end, and as of January 1, we will be in tax season. If your business runs on a calendar year, have you been keeping your books up-to-date and preparing your tax documents?  We all know how important business planning is, but it’s easy to put off these critical…

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    New Jersey Bookkeeping Basics: 6 Key Financial Terms Everyone Should Know

    Bookkeeping and accounting terms

    So, you’re not a bean counter.  That’s OK.  It’s not like everyone can be like the financial wizards at Norton! No one is born knowing everything and sometimes, the language used in the world of finance can be bewildering – even alienating. In this episode of New Jersey Bookkeeping Basics:  6 key financial terms everyone…

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    New Jersey Bookkeeping Tip: Things You Need to Know About Robo-Advisors

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    Robo advisors may seem like a futuristic way to invest your money, but they’re quite practical.  If you’re an investor who wants to avoid the high price of a human advisor, a robotic one would seem to be just the ticket. We’re offering this New Jersey Bookkeeping tip:  things you need to know about robo-advisors,…

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    W-2 vs W-4: What’s the Difference and When to Use Them

    w-2 versus w-4 tax form

    Taxes.  They can make your head spin.  And one of the most challenging features of the US taxation system is the fact that things can change in a heartbeat. If you’re new to doing business taxes, you can often feel like Dr. Livingston – hacking your way through the dense underbrush using only a machete. …

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    Small Business Tax Preparation Mistakes to Avoid from the Pros

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    When it’s time to get your taxes in to the IRA, all your hard work over the year can come to naught in the heat of the moment. When you’re under intense pressure mistakes happen.  But they needn’t. We’ve compiled these small business tax preparation mistakes to avoid from the pros.  These are key areas…

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