How To Spend Your PPP Loan Funds

Most small business owners are aware of the Paycheck Protection Program (PPP Loan) but are unaware of in depth details of the loan and how to spend those funds.  This article will provide reasons to apply for the loan, how to spend the funds, and how to be forgiven for those funds. What is the … Continued

How To Take Advantage of Your Mazuma Portal

Here at Mazuma, we live by three simple phrases: stay compliant, stay organized, and save on taxes.  Our goal is to ensure your small business is compliant with the IRS, your books are organized and you save on taxes during tax season.  We accomplish this goal by our Mazuma Portal Dashboard.  Our portal is the … Continued

Ben’s Message

June Newsletter As a small business owner, I am constantly hiring new employees and am immersed in the hiring process.  I love the beginning of the process, particularly looking through resumes.  Each resume has a story.  The single piece of paper has years of hard work, dedication, experience, and discipline.  I often ponder at my … Continued

Taking Advantage of Your Home Office

“Stay home and stay safe” has been the common phrase these last few months because of the pandemic development. Are you using your home for business? If so, you can deduct those expenses.  Small business owners have been asked to run their company from their homes.  Here at Mazuma, we want to help all of … Continued

Ben’s Message

May Newsletter Nine years ago, we started a small company that helps small businesses with their bookkeeping, taxes, and accounting…a simple but needed service.  I value the entrepreneurial spirit and understand the hard work and dedication it takes to run a small business.  There are few pursuits that demand more character and grit than keeping … Continued

What is a balance sheet?

  Here at Mazuma, we know financial statements are important for running a small business.  There are three basic financial statements; the balance sheet, income statement, and the statement of cash flow. A balance sheet is a description of a company’s assets, liabilities and equity at a specific point in time.  This is a snap … Continued

Tax Forms Explained

  As we approach tax season, it is important to understand different types of tax forms, and why we need them.  If you’re hiring a new employee, or trying to report your income tax returns, you have come to the right place!  Tax forms are essential for all small businesses and must be filled out … Continued

2020 Tax Dates You Should Know

Knowing when your business taxes are due can be stressful. It’s important to submit your information by each deadline to stay compliant with the IRS. As we approach tax season, you’ll want to pay attention to the following dates and mark them on your calendar:   January 15, 2020 If you made 2019 estimated tax … Continued

Dangers of DIY Accounting

It can be tempting to cut corners when laying the foundation of your business. Most new business owners try to pinch pennies where they can—even in areas they shouldn’t. For almost all businesses, making money is a priority, but how you manage that money is equally important. When you try to manage the accounting and … Continued

How to Grow Your Business: Customer Feedback

Your customers can help you to know how, when, and where to grow your business. Gathering customer feedback and listening to how your customers feel about your products, services, and brand can help you quickly identify what you are doing right and where you can improve.    When gathering customer feedback, you’ll want to make … Continued