Accounting, Bookkeeping, & Tax Blog

It's essential to master the art of paying yourself properly. Should that extra cash hit your personal bank account as an S corp shareholder bonus or as a [...]

It's critically important to understand accounts receivable, an essential aspect of your business's finances and payment terms. Accounts receivable are leg [...]

Accumulated depreciation often appears as a single credit amount, but it carries outsized influence over financing, taxes, and reinvestment plans. Business [...]

Recording your business’s revenue and expenses may seem like a straightforward task. When your business sells a product or service, you record revenue. Whe [...]

A clear view of net income enables a business to transition from simply operating to strategically thriving. In this net income guide, we explore what net [...]

Owner’s equity is the difference between what your business owns and what it owes. It is also a snapshot of your company’s net worth and a powerful tool fo [...]

Whether you're considering establishing your business in the state of California, have just launched, or are celebrating your first year in business, it's [...]

The recently signed "One Big Beautiful Bill Act" will have a significant impact on tax strategies and financial planning for small businesses operating in [...]

Unlike traditional corporations, pass-through entities avoid double taxation. Instead of taxing business income at the corporate level, the IRS requires th [...]