1-800Accountant Blog

freelance-bookkeeping

Crash Course: Bookkeeping for Freelancers

Employees can essentially trust their employers to handle much of the regular work of bookkeeping for them. Their employer keeps track of their income, withholds wages to pay taxes, and then sends regular reports on all of that.  Freelancers, on the other hand, are on their own. That’s why bookkeeping is one of the most […]

start-s-corp-new-york

10 Steps to Start an S-Corp in New York

Starting an S-Corp in New York can be great for your small business. New York state has a strong economy, large cities, and a large workforce, deciding to start an S-Corp is easy. Even though starting an S-Corp in New York may be the right decision for you, there are things you should keep in […]

operating-agreement

6 Things to Include in an LLC Operating Agreement

A limited liability company is a flexible business entity that can protect your individual assets without sacrificing your control over the organization. It’s a popular kind of legal structure to consider when you’re starting a business. However, the first thing to know about starting an LLC is that you’ll need to put together an operating […]

start-business-new-york

How to Start a New Business in New York

Starting a business in New York can be a great decision. Whether you want to operate your business in New York City or smaller cities, you’ll have several options of where to open your business. While starting a business in New York offers benefits, there are a few things worth knowing first. Depending on your […]

q2-estimated-tax-deadline

Q2 Estimated Tax Payment Deadline Approaching

We’re coming up to the end of the second financial quarter of the year! For most employees, tax season is over, but you’ve got other responsibilities if you’re a small business owner or otherwise self-employed.  If you’re self-employed, it’s up to you to turn in estimated income tax payments every quarter. However, small businesses should […]

small-business-payroll

Paying Employees: How to Run Payroll for Your Small Business

If you want your small business to grow, you’re going to need to find employees you can trust to work with you. You can’t carry an expanding business alone! Hiring an employee is an opportunity to expand your team and invite others into your vision.  While hiring employees lets you share the responsibilities of your […]

financial-statements

Types of Financial Statements for Small Businesses

Financial statements serve several purposes for small businesses. While there is more than one financial statement, you may not know which is most appropriate to use for your specific financial calculation. There are also a few limitations to be aware of as well. Here’s an overview of financial statements and the types of financial statements […]

cash-flow-statement

Cash Flow Statement: What It Is and How to Make One

You might be able to start a business with nothing but a good idea and the determination to see it through. Keeping a business running, however, requires a little more in the way of planning and coordination.  Maintaining the health of a business and creating sustainable growth requires careful financial management. You have to spend […]

new-stimulus-bill

What’s Included in the New Stimulus Bill?

The third stimulus bill is undergoing modifications with a Senate vote pending. While the next stimulus bill has yet to become law, there are dozens of ways it could improve your quality of life. As the nation continues to suffer the effects of COVID-19’s economic losses, many look forward to the next stimulus bill’s passage. […]