Business Accounting
Keeping your books in order is key to running a successful business. Learn how to do it right with tips on managing debt, tax obligations, and more.
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What Are Your Financial Statements Telling You?
Your small business's financial statements provide a wealth of relevant information for measuring your progress. Each one—balance sheet, income statement, cash flow statement, and statement of equity—provides another piece of your financial puzzle.
· 3 min read
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Venmo for Business
If you're considering using Venmo for your business' online payments, read this first.
· 3 min read
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How to Pay Quarterly Taxes
Paying taxes four times a year sounds onerous, but it actually eases the burden of year-end taxes. Plus, the penalties for not paying quarterly taxes on time should convince you to get it right.
· 4 min read
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What Is FICA Tax? Understanding FICA for Small Business
Hiring your first employee? The FICA tax is one of several payroll taxes employers need to withhold and pay to the IRS.
· 4 min read
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Small Business Filing Requirement for Employee Healthcare: Form 1095-B
This form isn't required for all small businesses—just those that self-fund employee health coverage.
· 3 min read
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What Is an Income Statement and How to Make One
An income statement is one of the four primary financial statements. It may go by other names, including the profit and loss statement or the statement of earnings. No matter the name, it's a measure of your company's performance.
· 4 min read
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How to Reconcile Your Bank Statements
What is the best way to catch fraudulent or erroneous bank transactions? Proper bank statement reconciliations. Here's a step-by-step guide to help you reconcile your balance sheet cash account to your bank statement.
· 5 min read
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What Is an Expense Report?
Businesses can use expense reports to claim valuable tax deductions and confirm that employee expense reimbursements are legitimate business expenses.
· 3 min read
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Understanding the Fair Debt Collection Practices Act
Thanks to the federal Fair Debt Collection Practices Act (FDCPA), debt collectors must follow strict guidelines to collect outstanding money owed. Know your rights so you can protect yourself.
· 4 min read
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Does Your Business Owe Back Taxes? What to Do if You Cannot Pay Your Tax Liability
Resolving back taxes with the IRS is one of the best things you can do for your business ... and your stress levels.
· 4 min read
