Basics 5 min read
What Is an Expense Account?
Out of 400 survey respondents, 91% said they’d be more efficient if their workspace was organized. If you believe organization…
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Basics 6 min read
Does Your State Have a Throwout or Throwback Rule for Corporations?
When it comes to company taxation, each state has its own set of laws for businesses. And depending on your type…
Basics 7 min read
License to Sell: Your Guide to Applying for a Sales Tax Permit
Many businesses need to collect sales tax from customers. But before you can start collecting it, you must obtain a…
Basics 10 min read
Strategies and Formulas for Pricing Services at Your Small Business
Do you own a service business? If so, you know that figuring out how to price services isn’t always easy.…
Basics 2 min read
Start-up Burn Rates Explained in 500 Words or Less
It’s tempting to write off “burn rate” as cute startup jargon or a funny subplot on the television series “Silicon…
Basics 5 min read
Offer in Compromise: Possible Solution for Business Owners Drowning in Tax Debt
Not being able to pay your debts can be scary. And when your creditor is the IRS, you might be…
Basics 5 min read
What Is a Schedule C?
As a small business owner, you must know which forms to file. And if you’re a sole proprietor or sole owner, you…
Basics 7 min read
Business Mileage Deduction 101
Miles spent driving to meet clients, going to an office supply store, and depositing a customer’s check at the bank…
Basics 5 min read
Breaking Down 9 Different Types of Audit
As a small business owner, you need to conduct regular audits to ensure your records are accurate. Although many business…
Basics 6 min read
Small Business Risk Management
Starting a business venture is risky. You may make costly mistakes throughout your entrepreneurial journey. And, there are many things…