Bookkeeping vs. Accounting
Accurate and complete financial records are essential to the success of any business. Bookkeeping and accounting are two processes business...
What Is the Schedule K-1 Tax Form for Businesses?
Accounting, Entrepreneurs, Finance, Freelancers and Independent Contractors, Small business, Tax Tips, Taxes
Are you a partner in a business? Do you receive distributions from an S corporation? If you answered “yes” to...
Do You Owe Estimated Taxes on Tax Day?
Accounting, Entrepreneurs, Finance, Freelancers and Independent Contractors, Small business, Tax Tips, Taxes
If you pay taxes, you likely know that the IRS deadline for filing your annual personal tax return is typically...
What’s the Difference Between Cash Accounting and Accrual Accounting?
When businesses are formed and start filing taxes, they must pick a specific accounting method. Businesses generally choose between the...
Tax Deductions For Small Business Owners
Accounting, Entrepreneurs, Finance, Freelancers and Independent Contractors, Small business, Tax Tips, Taxes
If you own a small business, you know that every dollar counts. When it comes to tax time, you want...
What Happened to Form 1040A and Form 1040EZ?
Prior to the 2018 tax year, when you filed your personal income tax return with the IRS, you had a...
Tax Deductions for Financial Consultants
As a financial consultant, you operate like most other small business owners. So, you can take most of the same...
5 Ways a Tax-Efficient Financial Advisor Can Help You with Retirement
If you are about to retire, or maybe already have, you no doubt want to maximize your investments so that...
Accountant vs. CPA: The 5 Main Differences
The terms “accountant” and “certified public accountant” or “CPA” are often used interchangeably. But they’re not exactly the same thing....
Where to Find the Best Bookkeeper for Your Small Business
Accurate bookkeeping is one of the most essential tasks you perform when it comes to operating your small business. If...