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deductions Blog

Maximizing Deductions for Business Owners

As a business owner, maximizing deductions is essential for reducing taxable income and optimizing financial efficiency. At Trillium Bookkeeping & Accounting, we understand the importance of leveraging available deductions to minimize tax liabilities and maximize profitability. In this blog, we’ll explore key strategies for maximizing deductions and keeping more of your hard-earned money in your […]

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deductions Blog

What Does a Financial Advisor Do?

Financial advisors are professionals who offer financial planning services to individuals, businesses, and organizations. They provide guidance on investment management, estate planning, retirement planning, tax planning, and risk management. Many people may be uncertain about what exactly a financial advisor does. This post will explain the role and responsibilities of a financial advisor.

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What Is QuickBooks?

How Can QuickBooks Be Useful For My Small Business?    Small businesses often struggle with keeping on top of their finances. They may have owners who don’t fully understand financial statements or have trouble with record-keeping. That’s where QuickBooks can be an asset. Designed specifically for small businesses, QuickBooks makes accounting easy for business owners

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deductions Blog

What Is Accounts Payable?

Managing finances is an essential part of running a business, and understanding different accounting terms is crucial. One of the most critical aspects of accounting is accounts payable. Accounts payable is simply the money that a business owes to its vendors and suppliers for goods or services purchased on credit. It is an essential component

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deductions Blog

Bookkeepers vs Accountants

Are you confused about when to hire a bookkeeper and when to hire an accountant? It’s a common dilemma faced by entrepreneurs, as the roles of these two professionals can often be quite similar. While they may have overlapping duties, there are distinct differences between them. In this post, we’ll explore the key distinctions between

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