Key Self-Employed Tax Issues

Key Self-Employed Tax Issues

Being an entrepreneur comes with its own unique set of tax challenges. Self-employment taxes can seem complicated and overwhelming, but they actually boil down to four important categories. According to Accounting Web, the following four key issues are vital for...
The Complete Guide to Non-Taxable Money

The Complete Guide to Non-Taxable Money

Benjamin Franklin famously penned that “in this world nothing can be said to be certain, except death and taxes.” This tongue-in-cheek idiom has become a popular lament that seems to resurface each tax season. Small business owners, especially, are affected by its...
The Partnership Between Your CPA and Bookkeeper

The Partnership Between Your CPA and Bookkeeper

In order to fully maximize the efficiency of your company’s fiscal recordkeeping, you may choose to hire both a CPA and a bookkeeper. While it may be tempting to try to hire one person to manage all of your financial matters, a CPA and a bookkeeper each have unique...
How to Maximize Your Business Lunch Meetings

How to Maximize Your Business Lunch Meetings

Inviting a client out to a business meal is a great way to network and get to know the people you serve. As Journal of Accountancy points out, it can also provide a perfect opportunity to check in on their business goals and figure out where they currently stand. To...
How to Manage Your Cash Flow

How to Manage Your Cash Flow

As an entrepreneur, learning how to manage your cash flow can be difficult. It is all too easy to get stuck in the day-to-day operation of your business and lose track of the larger financial picture. However, no business owner wants to get blindsided by news that...
Tax Strategies for Charitable Donations

Tax Strategies for Charitable Donations

Whether your business is making 7 figures and you’d like to create a legacy for your brand or you’re a small business owner simply looking to give back in your community, charitable donations can be a great way to use your assets to benefit organizations that speak to...
Do You Qualify for a Home Office Deduction?

Do You Qualify for a Home Office Deduction?

The home office deduction is one of the most sought-after (and confusing) tax deductions for small business owners. While it is often misunderstood and misused, the rules surrounding this coveted tax benefit are actually fairly simple. In this article, we’ll demystify...
Step-by-Step Guide to Starting Your Business

Step-by-Step Guide to Starting Your Business

Becoming an entrepreneur can be a lot of things at once: exciting, scary, confusing, fulfilling, stressful… With so many different things to do to get your operation up and running, knowing where to start can help you to avoid decision fatigue and get your product or...
How to Lower Your Self-Employment Taxes

How to Lower Your Self-Employment Taxes

While being an entrepreneur allows for great freedom in your work schedule, location, and creative vision, paying self-employment taxes can be daunting. Because you are essentially paying the taxes required from the employer and the employee, the total combined...
How to Close Your Business (The Right Way!)

How to Close Your Business (The Right Way!)

There are many potential reasons for deciding to step away from your business. Whether you are selling it to a new owner, dissolving it due to lack of profit, or simply closing up shop in order to retire, the end of your company may feel bittersweet. While dealing...

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