You need to be aware of numerous financial obligations as an entrepreneur beginning your own small...
Small business bookkeeping
Best Bookkeeping Practices as a Nonprofit Organization
While starting a nonprofit can be gratifying, it also poses significant challenges. In this...
Bookkeeping for Your Etsy Shop
So, you've just started your Etsy shop, and you have a lot of finances to manage. You probably...
What are estimated taxes?
If you gain money that is not automatically taxed, including self-employment income, you may need...
What is GAAP and Why Is It Important?
Generally Accepted Accounting Principles (GAAP) are the standard framework of guidelines for...
What is a 1099 contractor?
Form 1099 is the form used to report payments to individuals not covered by a payroll tax or...
What is a W2 employee?
When hiring workers, businesses have to choose between W2 employees and independent contractors....
What Every Small Business Owner Needs to Know About Cash Accounting
Are you tired of poring over confusing balance sheets and income statements just to understand...
Bookkeeping for Shopify sellers
It may seem odd to think of the world as a small place. However, it is amazing how connected we...
Partnerships in a Nutshell
In the U.S., a partnership is a type of unincorporated business with two or more partners who...
S corps in a nutshell
Are you wondering what S Corporations are and how they are taxed differently than other...
C corps in a nutshell
Currently, the most common business structure in the United States is known as a C corporation or...
Sole proprietorships in a nutshell
A sole proprietorship is an unincorporated business owned and run by one individual. Although sole...
How to Streamline Your Restaurant’s Receipt and Invoice Processing
If you're like most restaurant owners, you know that streamlining your receipt and invoice...
4 Bookkeeping Tips for a Stress-Free Holiday Season
The holiday months can be a hectic time for many small business owners. With regular business...
QuickBooks Online Phone App for Small Businesses
QuickBooks Online (QBO) is a platform that allows small business owners to manage their financial...
Quickbooks Desktop v. Quickbooks Online
When Quickbooks first hit the market it was a desktop-only product. You would purchase the...
Understanding the P&L
The P&L statement is the starting point for any business owner who wants to grow and succeed....
Why is Hiring a Bookkeeping Company Beneficial?
Handling the accounts or keeping the records of the financial aspects of your business is a...
Bookkeeping Basics for Small Businesses
Bookkeeping is a job that requires extra attention, carefulness, and accuracy, as a minor mistake...