There’s a difference between what you know about your business’s finances and what your bank knows. Balancing out the difference is a process called “transaction reconciliation.” Doing it manually sucks [...]
As a small business owner, you’re starved for time. Seventy percent of small business owners say they’re even too busy to eat during the day. One significant time- (and lunch-) [...]
According to the Small Business Credit Survey, 19% of small business owners are hard-pressed to find funds to keep the lights on. While making more revenue would obviously be the [...]
As an independent, freelancer or 1099-er you may have been keeping a close watch on tax time this year as there are some significant changes to business tax code that could put extra money in your hands this year. If you can’t implement these tips this year, make sure you use them going forward so you can maximize the pass-through deduction in future tax years.
Part of winding down any calendar year includes preparing and filing your 2018 Business Taxes. Due to recent changes to the tax code, navigating tax filing as a small business owner can be confusing. Here, we’ll discuss the particulars of how to navigate filing your 2018 small business tax return.
As a small business or sole proprietorship, taxes are unavoidable. Here, we’ll discuss the top three business audit triggers the IRS will be looking for, how to avoid them, and how to prepare for an audit if they’re inevitable for your business.