Basics
Resale Certificate, the Get Out of Tax Free Card
Almost everybody in the majority of states pays sales taxes at the time of purchase. And yes, this…
August 16, 2021 · Boomi NathanBasics
Basics
How Familiar Are You With the Different Types of Liabilities in Accounting?
As a business owner, incurring debts is inevitable. In fact, the average small business owner has $195,000 of debt.…
August 16, 2021 · Boomi NathanBasics
Managing and Recording Cash Receipts in Your Small Business
If you’re a small business owner, you likely receive cash payments from your customers. And if you receive…
August 16, 2021 · Boomi NathanBasics
How’s Your Small Business General Ledger Lookin’?
Your business’s general ledger plays a significant role in forecasting the financial health of your company. But if…
August 16, 2021 · Boomi NathanBasics
What Is an Owner’s Draw in Accounting?
As a business owner, you likely pay wages to employees. But when it comes to paying yourself, what…
August 16, 2021 · Boomi NathanBasics
How to Create and Update Your Cash Disbursement Journal
Does your small business work with cash? More than likely, the answer is yes. And when you have…
August 16, 2021 · Boomi NathanBasics
What Is an Expense Account?
Out of 400 survey respondents, 91% said they’d be more efficient if their workspace was organized. If you…
August 16, 2021 · Boomi NathanBasics
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…
August 16, 2021 · Boomi NathanBasics
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…
August 16, 2021 · Boomi NathanBasics
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…
August 16, 2021 · Boomi Nathan