What Are the Different Types of Accounting?
If you ask small business owners to identify the different types of accounting, they’ll more than likely name the two...
Small Business Recordkeeping 101
Maintaining business records is a must for any small business. Keeping good records ensures that your business runs smoothly and...
How to Create & Analyze a Small Business Budget
So, your sales are rising, you paid off an SBA loan, and you just hired your first employee. Everything’s going...
SMB Bookkeeping: What to Do and When
Managing finances is a top priority for small and midsized business owners. Bookkeeping is a large part of that. Some...
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...