Accounting Blog

Accounting Training, Tips, and News

  • How to Conduct a market analysis picture of professionals conducting a market analysis

    How to Conduct a Market Analysis the Right Way

    posted by Mike Kappel
    Newest Article
  • what's the corporate tax rate visual of people

    What’s the Corporate Tax Rate?

    posted by Rachel Blakely-Gray
    Recent Article
  • What Is the Penalty for Late Tax Return?

    Forgetting to submit your tax return can be stressful. And even worse, the IRS can charge you a late filing penalty. Read on to learn about the penalty for late tax return and what you can do to avoid future penalties.

    Know Your Customer: Who Are You Really Doing Business With?

    Take a step back and think about this: How well do you really know your customers? If you’re in a business that involves money, such as a bank or insurance agency, it can pay off to do your due diligence when it comes to your customers.

    The process of knowing your customer and verifying your client’s identity has become a common practice among many small businesses. To avoid taking on risky or sheisty customers, learn how to know your customer.

    What Is a Statutory Nonemployee?

    You’ve heard of employees. You know about independent contractors. And by this point, you may be familiar with what is a statutory employee. But, what about a statutory nonemployee?

    Bookkeeping for Freelancers: Tips for Managing Your Accounting Books

    Fifty-seven million U.S. workers are freelancers, representing a shift toward self-employment. But the freedom of freelancing comes with one big disclaimer: you are responsible for everything, including your accounting books. Bookkeeping for freelancers might seem overwhelming, but it’s doable with the right knowledge and tools.

    Types of Accounts in Accounting That Shouldn’t Fall Off Your Radar

    Keeping accurate books starts with knowing the types of accounts in accounting. Otherwise, you won’t know how to record transactions.

    What Is Return on Assets?

    Over time, your small business acquires items of value. These things that bring value to your business are assets. To see how profitable your assets are, learn how to find return on assets and its impact on your business. So, what is return on assets?

    How to Be Self-employed and Efficiently Manage Your Business’s Books

    Being your own boss sounds ideal. But when you’re self-employed, you may also become your own office manager, bookkeeper, and marketing specialist. To set your business up for success and balance your responsibilities, you need to learn how to be self-employed.

    What Are Assets? Definition, Types, and More

    Over time, your small business gains assets when you purchase items that bring value to your company. These assets are an essential part of your business that can help generate revenue and increase your business’s value. So, what are assets?

    What Is a Risk-adjusted Return?

    Investors compare many risk factors when looking at whether a business is worth investing in. One of the financial aspects investors might look at is your business’s risk-adjusted return. So, what is a risk-adjusted return?

    How to Avoid Independent Contractor Misclassification and Protect Yourself From Penalties

    An estimated 3.4 million workers deal with independent contractor misclassification.

    When you bring someone on board, determine whether the worker is an independent contractor or employee. It’s no secret that the IRS has strict policies in place to crack down on employers who misclassify contractors. So, how do you avoid misclassifying independent contractors?

    What Is the Penalty for Late Tax Return?

    Forgetting to submit your tax return can be stressful. And even worse, the IRS can charge you a late filing penalty. Read on to learn about the penalty for late tax return and what you can do to avoid future penalties.

    Know Your Customer: Who Are You Really Doing Business With?

    Take a step back and think about this: How well do you really know your customers? If you’re in a business that involves money, such as a bank or insurance agency, it can pay off to do your due diligence when it comes to your customers.

    The process of knowing your customer and verifying your client’s identity has become a common practice among many small businesses. To avoid taking on risky or sheisty customers, learn how to know your customer.

    What Is a Statutory Nonemployee?

    You’ve heard of employees. You know about independent contractors. And by this point, you may be familiar with what is a statutory employee. But, what about a statutory nonemployee?

    Bookkeeping for Freelancers: Tips for Managing Your Accounting Books

    Fifty-seven million U.S. workers are freelancers, representing a shift toward self-employment. But the freedom of freelancing comes with one big disclaimer: you are responsible for everything, including your accounting books. Bookkeeping for freelancers might seem overwhelming, but it’s doable with the right knowledge and tools.

    Types of Accounts in Accounting That Shouldn’t Fall Off Your Radar

    Keeping accurate books starts with knowing the types of accounts in accounting. Otherwise, you won’t know how to record transactions.

    What Is Return on Assets?

    Over time, your small business acquires items of value. These things that bring value to your business are assets. To see how profitable your assets are, learn how to find return on assets and its impact on your business. So, what is return on assets?

    How to Be Self-employed and Efficiently Manage Your Business’s Books

    Being your own boss sounds ideal. But when you’re self-employed, you may also become your own office manager, bookkeeper, and marketing specialist. To set your business up for success and balance your responsibilities, you need to learn how to be self-employed.

    What Are Assets? Definition, Types, and More

    Over time, your small business gains assets when you purchase items that bring value to your company. These assets are an essential part of your business that can help generate revenue and increase your business’s value. So, what are assets?

    What Is a Risk-adjusted Return?

    Investors compare many risk factors when looking at whether a business is worth investing in. One of the financial aspects investors might look at is your business’s risk-adjusted return. So, what is a risk-adjusted return?

    How to Avoid Independent Contractor Misclassification and Protect Yourself From Penalties

    An estimated 3.4 million workers deal with independent contractor misclassification.

    When you bring someone on board, determine whether the worker is an independent contractor or employee. It’s no secret that the IRS has strict policies in place to crack down on employers who misclassify contractors. So, how do you avoid misclassifying independent contractors?