Xendoo vs. QuickBooks: The Difference
As more small businesses crop up throughout the country, many business owners are starting to realize that a significant task in managing a company, big or small, is bookkeeping. From choosing an...
View ArticleCash Flow vs. Profit: Understanding the Difference
When you’re running a business, keeping track of all of the financial terms can be enough to give you a headache! But two of the most important terms that will affect you are your cash flow and your...
View ArticleHow Do I Pay Myself and My Taxes as a Sole Proprietor?
Where to Begin? Businesses are created because business owners have a passion that needs to be pursued. They may be changing the world and even their own lives. Payroll, however, is most likely not...
View ArticleXendoo vs. Pilot: Comparing Online Bookkeeping Services for Small Business...
Bookkeeping is critical to the financial health of every business, but business owners rarely have the time (or desire) to manage it themselves. To take their time back, many business owners choose to...
View ArticleFour Signs it is Time to Hire an Online Bookkeeper
Bookkeeping is Holding You Back Business owners know their companies like the back of their hands. They are the head of every department and perform the work of multiple people. Of all the roles they...
View ArticleHow to Prepare Your Business for Tax Time
Planning ahead is always a good business strategy, especially when it comes to taxes. Adopting a proactive strategy can help you stay ahead of business tax filing deadlines, avoiding the rush and the...
View ArticleA Guide to Tax Savings for Consultants
If you’re living the independent consultant life, you probably think it’s pretty sweet that you don’t have a boss over you, telling you what to do. But aside from your mini-bosses (AKA clients), you...
View ArticleThe Franchise Landscape by Jon Ostenson
On the heels of Covid lockdowns and quarantine, we are seeing unprecedented levels of interest in business ownership with much of this interest coming through the avenue of franchising. Year-to-date,...
View ArticleThe Best Small Business Bookkeeping Solutions
As a small business owner, your time is best spent on the revenue-generating features of your business— not hunched over a computer screen scrolling through QuickBooks! Thankfully, a reliable...
View ArticleHow To Find The Right Online Accountant For Your Business
Every small business owner should have access to an accountant. A small business accountant can provide guidance at every stage of your company’s development, and they can be invaluable when it comes...
View ArticleHow Franchisors Can Build a Strong Item 19
How Much Money Can I Make? As franchisors work to sell franchises, one question they will always be asked is, “how much money can I make?”. The answer to this question can be found within one section...
View ArticleBookkeeping Services Rates: A Complete Guide
Keeping up with the books is more than mere paperwork. Maintaining clear financial records can keep your business running smoothly and efficiently, all while providing you with a clear picture of the...
View Article2021 Tax Preparation for Small Business
If you want to make sure that you and your small business are ready for the 2021 tax season, then it is essential to remain well organized throughout the year. You will also need to make sure that you...
View ArticleThe Difference: Cash Basis Accounting vs. Accrual Accounting
As a business owner, accounting methods may not rank that high on your list of passions, but understanding cash basis accounting vs. accrual accounting can be vital to your company’s health. Keeping...
View Article9 eCommerce Tax Deductions for 2021
You might not be thinking about taxes until closer to the deadline, but planning your eCommerce tax deductions is a year-round process. If you run an online business, investing in tax-deductible...
View ArticleHow Do I Pay Myself and My Taxes as an S-Corporation?
When businesses are born, business owners are likely not daydreaming about taxes and payroll. Yet, they still face the unique challenge of figuring out how to pay themselves, file their taxes, and...
View ArticleTax Savings for Small Business Owners: Bonus Depreciation and Section 179
When making a major purchase for your business, you are expected to spread the tax deduction out over the lifespan of that purchase, which provides small tax savings over the years. But, why wait?...
View Article2021 Ultimate List of Small Business Tax Deductions
With the year coming to an end, tax return season is just right around the corner. For small businesses, that means being prepared to find all of the small business tax deductions you can to minimize...
View ArticleThe Top 8 Expense Trackers for Small Businesses
Tracking business expenses is one of the smartest things you can do to take control of your company’s finances. With better organization, you’ll find that your business is more streamlined and...
View ArticleHow Do I Pay Myself and My Taxes as a Partnership?
Every partnership owner faces the unique challenges of self-payment, tax filing, and maximizing their tax savings. Although they would rather focus on growing their business, taxes and payroll often...
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