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How To's

How to Set Up a Business Budget for 2021

January 20, 2021
It’s a new year, which means business owners are likely setting up a new budget to prep for how they’ll spend incoming funds. Find out the steps you need to take to create a business budget. 
How To's

Tax Rules for Your Side Hustle

January 13, 2021
If you’re earning money on the side, you might have to pay quarterly taxes or face an unexpected tax bill and penalty.

Business Licenses: They Are Everywhere You Are

December 3, 2020
Business licenses are an age-old compliance rule that local governments enforce on businesses in a specific area. Quite literally, business licenses are everywhere you are.

Owner Loan vs Owner Investment

November 23, 2020
When starting a new business, there are few things more absolute than money. The popular saying ‘it takes money to make money’ personifies this concept. Unfortunately, good ideas alone do not get us to our goals.

A Bookkeeper: Not Yet

November 17, 2020
Let’s go on a journey back to 1975. I’m talking pre-QuickBooks era, when the term ‘keeping the books’ actually meant managing the cash flow using a physical book of company transactions.

Entity Guide: What to choose?

November 14, 2020
have been having quite a few conversations lately with people interested in starting a company and trying to decide which entity to choose.

Accounting Positions: How to Hire For Your Business

November 9, 2020
When running your business, one of the scariest things for some entrepreneurs is the thought of mismanaging finances and in such a way that it leads to the dreaded tax audit.

Sole Proprietor to a Corporation

November 4, 2020
The process of transitioning a business from one entity type to another is far more complicated than you might think.

Should Know: Unemployment Payments are Taxable

October 7, 2020
For the 3rd time today you may have checked your unemployment insurance application for a status update. Or maybe you called the service line to hear the same recording again hoping to get some new information, if you even got through at all.

Estimated Tax: What Is It

September 5, 2020
What is estimated tax? The short version: if you expect to get a w-2, then estimated tax is not for you.

Post Tax Day Hacks

August 15, 2020
Another Tax Day has come and gone; this time delayed by an impeding pandemic. Maybe you were prepared and filed on time, or maybe you are just avoiding it all together as a means for self-care.