The general ledger is the master record of every financial transaction you make as part of your business. Every time money changes hands, there should be a [...]
Bench doesn’t include payroll, tax filing, or year-round advisory support, which can leave significant gaps that cause problems during tax season and throu [...]
Whether you're considering hiring employees or have already extended job offers, it's essential to understand your payroll obligations, which include payro [...]
Converting your California small business entity to an S corporation is a great decision that provides numerous advantages, but it requires more formalitie [...]
Evolving tax laws, stricter payroll compliance, and ongoing reporting requirements make bookkeeping a mission-critical function for entrepreneurs and owner [...]
Many small business owners are surprised to discover that their tax bill doesn’t always match the cash they received. If you’re a partner in a partnership [...]
Both offer liability protection and unique tax advantages, but they diverge significantly in terms of ownership structure, management complexity, and growt [...]
Because the IRS closely monitors this area, failing to pay a reasonable salary is one of the most common triggers for an audit of S corporations. This guid [...]
This move can unlock thousands of dollars in tax savings each year while also positioning your business with a stronger financial infrastructure that suppo [...]