There are numerous benefits to forming your California small business as an S corporation (S corp). Whether you’re actively taking the steps to operate as a California S corp or just making your plans, there are some things to consider before you do. Use this blog to understand what an S corp is, the requirements […]
A non-profit’s mission is to further a public good that benefits society. Investors and private citizens make charitable donations to fund non-profits not for a return on investment but for the benefits they hope to see provided to others in need. Running a non-profit is a noble venture, but it can be difficult, especially if […]
Do you need a registered agent for an LLC? Yes! If you’re planning to form an LLC, you are required to appoint a registered agent. A registered agent plays a vital role in your business, making selecting the right agent important. If you’re in the planning stages of your business or ready to form, it’s […]
Do you ever wonder about the financial health of your business or how investors perceive your company’s financial stability? This comprehensive guide on creating and understanding a business balance sheet helps answer these questions. We discuss the complexities of balance sheets, highlight their purpose, and the step-by-step process of creating one. You’ll discover how balance […]
Starting the journey of entrepreneurship and the initiation of a small enterprise is a testament to the spirit of innovation. It’s an opportunity to leave your mark on the world, offering others the opportunity to engage with your creation. Small businesses form the backbone of the economy and your venture contributes significantly to the growth. […]
When tax time arrives, many small businesses will need to complete tax forms. The exact form the business needs will depend on several factors. There are many tax forms that businesses will have to file. Here are the most common business tax forms and the basics about each. Most Common Business Tax Forms The exact […]
At any point in the management of your small business, your small business’s finances will be central to its success. As your business grows and develops, it can become more challenging to pinpoint where to focus your time to ensure your finances are running smoothly. Managing your small business’s finances may be stressful, but there […]
You might be paying far more in taxes than you need or are even supposed to. If you’re not reporting all your tax-deductible expenses on your tax return, you’re likely leaving money on the table. This is especially true in the medical field when there are so many overhead costs that should be deducted from […]
Generally Accepted Accounting Principles (GAAP) measure the financial health of public companies. There are standards within GAAP that provide other accountants with information. The main purpose of GAAP is to ensure that financial reporting is transparent, consistent, and comparable across organizations. What Is GAAP? GAAP refers to a set of accounting principles, procedures, and standards […]
Florida offers a large population, several industries for small businesses to grow, and a year-round climate for visitors to the state. Starting a business in Florida may seem simple, but you should still know a few things. Here are the steps to follow if you want to start a business in Florida. Benefits of Starting […]
