Accounting, Bookkeeping & Tax Blog

Your small business resource for accounting, bookkeeping, and taxes from our experts.
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How to Start an LLC in Texas: Benefits & Process

Establishing your limited liability company (LLC) in the big, bustling state of Texas offers numerous advantages. Texas features a pro-business climate and a large professional workforce, making it an attractive choice no matter your industry. But before you send your paperwork to the Secretary of State, there are some things you should know. While certain […]

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Things You Should Know About Rental Income and Taxes

Property management can be a lucrative profession, but it’s not without its challenges. Landlords must juggle several responsibilities, which include interviewing prospective tenants, managing a diversity of tenant-related issues, and maintaining property quality. With all of that to address, it’s understandable that income taxes and deductions for rental properties may not be top of mind […]

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How to File Amended Business Tax Returns

When it comes to business tax returns, it’s best to get it right the first time. But that’s not always possible, so the IRS allows you to update your information by filing an amended tax return. This lets you address issues before they potentially find them! Whether you need to know how to file an […]

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What Happens If You File Taxes Late + Tips to Reduce Penalties

Filing taxes accurately and on time can be a daunting task, and it’s not uncommon for small businesses to miss a deadline. Whether due to procrastination, lack of organization, or simply being unaware of the deadline, late tax filing can lead to a variety of problems, from fines to increased IRS scrutiny.   In this blog […]

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How to Dissolve an LLC in California: 4 Steps

Voluntarily dissolving an LLC in California – taking steps so that it no longer exists – can be a great decision. Perhaps your small business can no longer compete in the market, or maybe you and your partners are no longer aligned on the business vision. Whatever the reason, it is your responsibility to take […]

llc-florida

How to Start an LLC in Florida

Florida offers business owners a diverse economy, a large workforce, and several large cities to choose from to open a business. Starting an LLC in Florida can be a wise decision, but there are a few steps involved in the process.  There are also a few fees to know about and other important details you […]

dba

What is a DBA Title or Doing Business As?

What’s in a name? The names you use for your business can communicate so much about who you are and what you do, and customers can use your name to share with others and spread the word.  Choosing a name for your business is a relatively straightforward decision, but it can have a significant impact […]

start-dba-california

Start a DBA in California in Three Simple Steps

Doing business as, commonly referred to as a DBA, is a great way to protect your small business interests. Mainly, a DBA will help your small business develop in a way that protects both your business name and legal name. Starting a DBA in California is quick and easy and will only take a few […]

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Top 7 E-commerce Tax Deductions in 2023

Special tax deductions are available to proprietors of e-commerce businesses. Take advantage of the following e-commerce tax deductions to maximize your tax savings. Tax season is quickly approaching, so now is the time to get your records in order! What is a tax deduction for e-commerce businesses? Tax deductions for online businesses are similar to […]

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Bookkeeping 101: What Is an Income Statement?

An income statement is one of the key financial statements that can help your business and budget and determine financial performance. It’s a helpful tool to monitor your spending and figure out how to allocate money. If you’ve never made an income statement before, don’t sweat it. We’re here to walk you through everything you […]