As a business owner, you are likely familiar with traditional methods of raising capital such as seeking help from business angel investors or venture capitalists. However, business owners also have the opportunity to raise funds via crowdfunding. So, what is crowdfunding?
Read More What Is Crowdfunding, and How Can it Take Your Business to the Next Level?Accounting Articles
Accounting Tips, Training, and News
October 27, 2022
What Is 501(c)(3) Status?
If you operate a nonprofit organization, you may be eligible to apply for tax-exempt status, such as 501(c)(3) status. Learn what is 501(c)(3) status, types of 501(c)(3) organizations, and how to apply for 501(c)(3) status.
Read More What Is 501(c)(3) Status?
October 27, 2022
Your Beginner’s Guide to Sales Tax Nexus
If your business operates in a location that imposes sales tax, you are likely familiar with the concept of sales tax. But, have you heard of sales tax nexus? Mastering sales tax nexus boils down to one question: What is nexus? Read on to learn the basics of sales tax nexus, including state guidelines and […]
Read More Your Beginner’s Guide to Sales Tax Nexus
October 27, 2022
What Is Inventory Shrinkage?
When running a business, you likely face setbacks due to unforeseen costs. Unplanned expenses, like inventory shrinkage, can lead to a drop in profits and require you to alter your accounting books. To combat significant inventory shrinkage, you must familiarize yourself with what it is, why it happens, and preventative actions you can take. And […]
Read More What Is Inventory Shrinkage?
October 27, 2022
What Is Invoice Discounting?
As a small business owner, you regularly sell products or provide services to customers. Instead of collecting funds right away, you may send a customer an invoice. But, did you know you could use invoices as a financing tool for your business? Read on to learn more about invoice discounting and how it can help […]
Read More What Is Invoice Discounting?
October 27, 2022
How to Change Your Business Structure
The business entity you chose when starting your business might not be appropriate when you add on a partner, hire additional employees, or introduce new offerings. Learn how to change your business structure to adapt your small company.
Read More How to Change Your Business Structure
October 27, 2022
Don’t Get in Over Your Head: Understanding Overhead Cost
Overhead costs are the ongoing expenses that support your business but don’t generate revenue.
Read More Don’t Get in Over Your Head: Understanding Overhead Cost
October 27, 2022
Claim the Business Loan Interest Tax Deduction to Decrease Your Tax Liability
Running your small business isn’t cheap. And securing financing to run your business isn’t cheap, either. Taking out business loans can weigh you down with high interest rates. To help offset this expense, you might be able to claim a business loan interest tax deduction. Not all interest expenses are tax deductible. To claim this […]
Read More Claim the Business Loan Interest Tax Deduction to Decrease Your Tax Liability
October 27, 2022
Learn How to Calculate Turnover to Help Improve Employee Retention
All types of businesses experience turnover at some point. And to improve your turnover rate, you must know how to calculate it. Read on to learn how to calculate turnover rates and ways to improve your rate.
Read More Learn How to Calculate Turnover to Help Improve Employee Retention
October 27, 2022
What Is Form 1040?
If you are an individual earning or receiving income, you likely file an annual income tax return, like Form 1040. What is Form 1040?
Read More What Is Form 1040?
