Attention! On December 3, 2024, a federal district court issued a preliminary injunction halting the enforcement of the BOI reporting requirements based on a finding that the Corporate Transparency Act and reporting rule are “likely” unconstitutional. Reporting companies do not need to comply with the BOI reporting deadline pending a further order from the court. Stay tuned […]
Read More Beneficial Ownership Information Reporting Is Required for LLCs, Corps, MoreAccounting Articles
Accounting Tips, Training, and News
November 14, 2024
What Is the Child and Dependent Care Credit?
You work long hours as a small business owner. And if you have children or dependents, you might need help providing care while you work. But with 58% of families expecting child and dependent care expenses to cost more than $10,000 per year, things can add up quickly. Did you know the IRS offers some […]
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November 13, 2024
How to Create a Business Budget: From Planning to Profit
People are budgeting more than ever—86% of Americans, to be exact. And they’re budgeting for a good reason. Eighty-five percent of people said budgeting helped them get out or stay out of debt. Whether you’re a budgeter in your personal life or not, one thing’s for certain: Budgeting for your business is a must.
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November 12, 2024
What’re Your Business’s State Tax Obligations?
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?
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November 12, 2024
How to Leverage Strategic Pricing for Your Small Business
Businesses depend on their profits to survive. As a small business owner, you need to be diligent in your efforts to turn a profit for your company. One way your business can make money is through strategic pricing.
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November 6, 2024
Business Licenses and Permits You Need to Stay Legal
“Do you have a permit for that?” If you want to operate your small company legally, you likely need some business licenses and permits. There are federal, state, and local licenses and permits you might have to apply for. It all depends on your business.
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November 6, 2024
How to Get a Business Credit Card in 5 Simple Steps
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.
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November 6, 2024
How to Start a Small Business: The Only Guide You Need [+ Checklist]
You have a million-dollar business idea. And after weeks, months, or even years of thinking about it, you decide to make your idea a reality. Do you know how to start a small business?
Read More How to Start a Small Business: The Only Guide You Need [+ Checklist]
October 3, 2024
Single-entry Bookkeeping: Should You Use It?
As your small business begins to make transactions, you must record them in your books. If you want an “easy” way to track business finances, you may consider using single-entry bookkeeping instead of double-entry bookkeeping.
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October 3, 2024
S Corp vs. LLC: Which Is Better for Your Business?
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.
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