Veterinarians offer products and services that save lives. One of the things a veterinarian may least expect is paying sales tax for products or services. As a veterinarian, it’s essential to know how to pay sales tax and when to pay it. Here is what you should know about sales tax if you’re a veterinarian. […]
In the age of e-commerce, online merchants like Etsy are invaluable business platforms for many small businesses. Platforms like Etsy give countless small businesses access to a wider audience and a simpler sales process. Selling your goods and services on Etsy means you don’t have to go through the process of setting up your own […]
Double-entry bookkeeping is a system of bookkeeping that provides a more detailed view of your financial transactions at a glance. For those new to bookkeeping, double-entry bookkeeping can seem complex. We’ll break down what you need to know about it, how it works, and how it differs from single-entry bookkeeping. What is Double-Entry Bookkeeping? Double-entry […]
There are so many different tasks and questions that go into starting a small business. It may feel like there are a million moving pieces, and you’ve got to stay informed and in control of all of them. When you’re feeling overwhelmed, what you need most is clarity. What’s the focus of your business? What […]
Bookkeeping is a practical way to make sure that your business can track its budget. Every transaction that occurs will affect how your business allocates its finances. The use of a spreadsheet allows you to see all of your transactions in one place. There are a few things to consider, especially if you want to […]
Tax season can be stressful for everyone, but it’s especially challenging for business owners right now. If you run a small business, you’re probably already struggling to balance multiple priorities. Worrying about your business, working from home – especially if you have children – keeping in touch with family and friends, and staying up to […]
Within the CARES Act is the Paycheck Protection Program (PPP) Loan, a $350 billion allocation of money to support small businesses. As of April 16th, 2020, the original funding for the PPP ran out. But as of the end of last week – April 23rd, 2020 – both the Senate and the House voted in […]
Here’s a universal truth: every wage-earning working person in the US will pay taxes either through regular deductions from paychecks or estimated tax payments, no matter your career or field. The IRS and each state prefer that everyone pays their taxes as they go. The IRS wants you to pay in at least 90% of […]
If there’s one thing that small business owners and entrepreneurs need to know right off the bat – it’s how to maintain their records. Sloppy financial records can spell disaster for small businesses. If you can’t keep up with your books, you’ll find yourself in trouble further down the line if you ever run into […]
Starting a new business can be exciting – and also daunting. There’s so much to think about right off the bat. What’s your niche? Are you opening a location, or all online? How will you structure your business? Beyond those initial steps of starting a business, there is another one that doesn’t always come to […]
