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Accounting, Bookkeeping, & Tax Blog
Your small business resource for accounting, bookkeeping, and taxes from our experts.
LLC owners can opt to be taxed in different ways, and each tax structure has its own set of rules. Owner’s draws, guaranteed payments, salaries, and distri [...]
Outsourced bookkeeping saves time and keeps you compliant while generating important insights that aid in informed decisions about your business. These ser [...]
Choosing the right entity for your business isn't easy, as confusion surrounds each option and the long-term impact on numerous aspects of your business. I [...]
Both a sole proprietorship and an LLC offer distinct advantages and disadvantages. These will vary depending on your specific business needs and long-term [...]
A well-prepared SOE helps you show lenders and other stakeholders that your business is financially stable, empowers you to attract investors, and to make [...]
Understanding and accurately calculating operating income is crucial for making sound financial decisions and maintaining long-term business health. This m [...]
Debits and credits form the language of accounting, serving as the foundation of the double-entry bookkeeping (also known as double-entry accounting) syste [...]
Running a successful beauty business requires more than just talent with scissors and styling tools—it demands smart financial management that maximizes ev [...]
For small business owners, understanding tax evasion penalties can mean the difference between growth and devastating financial setbacks that disrupt your [...]