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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How to File Business Taxes for Your Small Business
Entrepreneurship comes with many responsibilities—including filing business taxes. Here's what you need to know about tax filing for your small business.
· 4 min read
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What Is Capital Expenditure?
Capital expenditure describes purchases that are classified as assets because of the long-term nature of their useful life. An important marker of business growth, CapEx has a significant impact on both short-term and long-term financial health.
· 3 min read
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Trouble Getting Customers to Pay?
For small business owners, deadbeat customers can be an ongoing challenge. Use these insider tips for getting your customers to pay.
· 3 min read
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1099 NEC vs. 1099 MISC
You may have noticed that independent contractor payments are now reported on the tax form 1099-NEC rather than the 1099-MISC. What prompted this change? Here's everything you need to know about this new informational IRS form.
· 3 min read
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W2 vs. 1099-NEC: Which Does My Business Have to Issue?
Should you file W2s for employees or 1099-NEC forms for independent contractors? You might need to file both.
· 3 min read
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What Is the Self-Employed Health Insurance Deduction?
The self-employed health insurance deduction can help offset some of the costs of paying out-of-pocket for health care coverage. Find out who can take the deduction, what it includes, and how to claim it.
· 3 min read
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Which Tax Services Can Help My Business Succeed?
Small business requirements for tax services vary based on the size and nature of your business. Here are a few you should consider.
· 3 min read
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What Is Section 179?
Section 179 is a relatively small clause in the IRS tax code that can potentially yield big savings on equipment purchases. Understanding how to maximize the deduction is key.
· 4 min read
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What Are Prepaid Expenses?
Why are prepaid expenses considered assets? Prepaid expenses are recorded as an asset on a business's balance sheet because they signify a future benefit that is due to the company.
· 3 min read
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Does Your Business Need an Enrolled Agent or a CPA?
Learn how to choose the best tax professional for your company.
· 3 min read
