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How to Set Up a Business Budget for 2022
The beginning of a new year is the perfect time to review finances and start planning for the next 12 months. If you’re self-employed, one key element that can help you stay on track is developing a business budget. Creating a budget allows you to map out the year ahead, provides accountability, and gives you necessary insights into your business.
Selling Online: 6 Things You Need to Know About Your Small Business Taxes
Whether you run an online storefront or you’re a restaurant who started selling your swag online for some extra dough, selling goods online changes the way you pay your business taxes. When you start selling products, you’re stepping into the world of sales tax and things can get murky quick. Don’t worry - we’ll walk you through the basics of how those taxes work.
A Break From Tax? Sales Tax Holidays Explained
Does the stress of running your business have you longing for a beach getaway? Or thinking about a mountain retreat? Or perhaps you feel like a lot of small business owners do, and you just want a vacation from paying taxes. While we can’t get you to the beach or the mountains, we can tell you about a holiday we think you’ll appreciate - a sales tax holiday.
News & Press
13 books to buy entrepreneurs as they fundraise, according to Black women who've raised millions in capital
News & Press
Meet the Black women taking the world of venture capital by storm, raking in more than $1 million in funding for their companies this year
Black female founders in the US face many challenges, but one of the most detrimental is the lack of funding granted to them. Before 2021, only 93 Black female founders had raised $1 million or more in venture capital, up from 34 founders in 2018, according to ProjectDiane, a biennial report on the state of Black and Latinx women founders by the organization DigitalUndivided.
8 Tax Penalties Your Business Should Know About
Most business owners are well acquainted with tax penalties - they’re harder to avoid than anyone wants to admit. But what are tax related penalties? In this article I’ll break down the most common penalties for you.
What is a 1099?
If you’ve ever done freelance work, or run a small business that hires freelancers, you know 1099s. But for those who are new to contract work or hiring freelancers, we break down what a 1099 is and what it means for you.