From finance to real estate, retail to road construction, it doesn’t matter what field you’re in—we all use email. And I’m willing to bet we all feel pretty overwhelmed by our inbox a decent amount of the time.
There are many “hidden costs” when it comes to starting your own business. Preparing and filing self-employment taxes as well as collecting sales taxes happen to be two of them. However, they are a necessary part of doing business.
Giving back is always a good thing, especially around the holidays. I’m pretty sure if we took a poll, 100% of entrepreneurs would say they’d like giving back to be a core part of their business model.
While Intuit still supports the Desktop version of QuickBooks, they are actively encouraging users to make the switch to their cloud-based online accounting software called QuickBooks Online (QBO). Indeed, QBO offers many selling features for its users, the most notable of which is the ability to access accounting data in real-time from any device. This allows business owners to automate workflows and make more informed decisions to drive growth.
Any business is only as good as its systems. You might have the best business concept in the world, but without systems, you’ll never be able to grow the operation to scale in an efficient and profitable way.
If you run your own business or work as an independent contractor, you know that handling your taxes can be stressful. You may be asking yourself: What is my tax rate? How should I calculate my taxes?
In the following article, we’ll outline all you need to know about filing self-employment taxes. We will cover how to determine if you’re self-employed (SE), how to calculate SE taxes and your next steps when it comes to small business tax preparation.
Many small business owners run their operation from home because it’s easy to set up and maintain. However, when it comes to keeping track of expenses for tax purposes, things can get a little complicated.
The IRS doesn't always make it simple to figure out personal vs. business expenses. And this makes the whole process of small business tax preparation challenging for home-based businesses.
With these considerations in mind, we’ve put together the following guide to walk you through the key home business tax deductions and best practices to help you survive tax season.
This time of year is synonymous with thankfulness, filled with family gatherings, food drives and plenty of good cheer to go around. And it’s no wonder this season feels so merry; it’s centered around gratitude.
Today’s business leaders must embrace the rapid advances in technology if they want to remain relevant in their industry. That said, it can be overwhelming to know where to start. And when it comes to taking care of your small business accounting needs, there are literally thousands of options available for making your life easier to manage.