1-800Accountant Blog

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5 Steps to Help You Hire an Accountant for Your Small Business

Accountants work with small businesses to help them comply with tax issues, maximize tax deductions and credits, and avoid IRS fines and fees. Hiring an accountant for small businesses can have lasting impacts, so you’ll want to make sure you hire the right one. These steps will ensure you select the one who’s best for […]

how-to-maximize-hsa

How to Maximize Your HSA

Putting money in your HSA can be helpful for medical expenses. But did you know there are also tax advantages to having an HSA? You can use it as an investment tool and name beneficiaries for the funds. Here’s what you can do to maximize your HSA. 1. Maximize HSA Contributions The first strategy you […]

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5 Inexpensive Marketing Techniques for Your Small Business

Growing your small business requires hard work and persistence. You have to expand your staff, your production, and your bookkeeping, all while managing your cash flow. On top of that, the most essential requirement for growth is an expanded customer base, which requires marketing.  Healthy and sustainable growth relies on juggling these related elements at […]

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Top 5 Tax Tips for NFT Investors

The hottest new trend in digital finance is the non-fungible token, or NFT. Countless people are buying their way into it, and in some cases making a significant amount of money! The NFT itself is not an entirely new concept, but the market developing around them is a brand new phenomenon. The NFT market depends […]

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What to Know About Coronavirus Relief and Your 2021 Taxes

The COVID-19 pandemic hit the United States in the middle of the 2020 tax season. Uncertainty, social distancing, and state-mandated lockdowns greatly impacted our economy. More businesses have opened back up, and some areas have returned to at least some sense of normal pre-pandemic operations. So what does that mean for calculating your taxes? Early […]

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Why NCAA Student-Athletes Need 1-800Accountant

We’ve entered a new era of college athletics. After stunning shifts in NCAA policy in the middle of 2021, the door has been opened for countless college student-athletes to make money with sponsorships and advertising based on their name, image, and likeness.  This is a dramatic change for schools, advertisers, and, most of all, student-athletes. […]

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What is burn rate?

Expenses and profits are two of the most vital things small business owners can track. There are at least two ways small business owners can measure funds used to determine business expenses and profitability, which is known as burn rate. You can use the burn rate to establish your business’s economic standing, whether it’s a […]

out-of-state-employee-taxes

How Do I File Taxes on Out-of-State Remote Work?

Working remotely has a lot of advantages that many employees enjoy. For many, remote work provides convenience and flexibility that in-person work may not offer. However, one complexity with remote work can arise with taxes.  You may not know that similar terms are used to describe different forms of remote work, and you also may […]

start-s-corp-california

12 Steps to Start an S-Corp in California

Small businesses in California may benefit if they start an S-Corp in California. Although an S-Corp is a great business entity, there are things worth considering first.  All corporations must convert to an S-Corp. The state also requires its own form for you to complete before operating an S-Corp in California. Here are the twelve […]