Part of your title as “employer” also includes “payroll processor.” When you hire employees, you have to add them to payroll, withhold the proper taxes, and pay employees. It’s all part of the job. But if you’re new to this employer role, you may not be exactly sure how to process payroll. We’ve written down […]
Read More 8 Simple Steps to Process Payroll
When it comes to business, things don’t always go according to plan. At some point, you may find your company struggling to stay afloat financially. And if that time comes, you may need to furlough some workers to avoid drowning. So, what is furlough?
Read More What Is a Furlough?
You might have heard of the Golden Rule in life: Treat others as you want to be treated. But, did you know that there’s also a golden rule for accounting? In fact, there are three golden rules of accounting. And no … one of them is not treating your accounts the way you want to […]
Read More What Are the Three Golden Rules of Accounting?
As a business owner, you’re responsible for keeping your business’s books in shipshape. To do that, you need to choose an accounting method and stick with it. But as your small business grows, you might need to change your accounting method. You can do this with Form 3115.
Read More Form 3115: Changing Your Accounting Method
When it comes to company taxation, each state has its own set of laws for businesses. And depending on your type of business structure, you might be subject to different types of laws, such as the throwback rule.
Read More Throwback Rule: Does Your State Have a Throwout or Throwback Rule for Corporations?
Just starting your entrepreneurial journey? Been in business for over 10 years? Regardless of if you’re a veteran business owner or just starting out, you may need to get a business loan. So, where do you start? Let us walk you through how to apply for a business loan.
Read More How to Apply for a Business Loan in 7 Simple Steps
If you have employees who travel for work, you might offer them per diem pay to cover travel-related expenses. Per diem rates can vary based on the state and city your employee travels to. Read on to learn about and get resources for different state per diem rates.
Read More Your Overview of State Per Diem Rates [+ Resources]
As a business owner, you’re responsible for a number of taxes. Some may be federal or local, while others are state taxes. So, what are the types of state tax obligations you need to keep on your radar?
Read More What’re Your Business’s State Tax Obligations?
Chances are, you likely have applied for a credit card to help pay off personal expenses and build credit. But, have you gotten a business credit card yet? If not, it’s time to learn how to get a business credit card.
Read More How to Get a Business Credit Card in 5 Simple Steps
When you start a company, there are several business structures. Two popular types of business structures are an S corporation and LLC. Are you choosing between these structures? Find out the key differences between S Corp vs. LLC and learn which is best for you.
Read More S Corp vs. LLC: Which Is Better for Your Business?