Accounting, Bookkeeping, & Tax Blog

Your small business resource for accounting, bookkeeping, and taxes from our experts.

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Free Balance Sheet Template (and How to Use It Correctly)

AccountingSmall Business

Every small business owner wants a clear picture of their company's financial standing. A balance sheet is one of the most effective tools for capturing this snapshot, and using a template can make th…

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Accountable Plan S Corp: A Guide to Tax-Free Money

AccountingSmall Business

Running an S corporation offers clear tax advantages, but many owners miss out on significant savings by incorrectly reimbursing themselves for business expenses. Without a formal, accountable plan, r…

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Profit and Loss Statement Template: Free Download & Guide

AccountingSmall Business

Virtually every small business owner asks some version of this essential question: Am I really making money? Reviewing a P&L statement is the most efficient way to make that determination. By laying o…