Small businesses already have a lot on their hands, from executing market research, establishing themselves in their niche market, and tons of paperwork to sort, file, and process. However, one lingering problem also adds to their already rich catalog; having their clients pay when due referred to as invoice management. Accounting and invoicing are two […]
Keep more of your hard-earned profits away from the taxman’s grasping hands this year. We get it—you launched your small business to chase dreams, not pore over the federal tax code. But business taxation mastery can save you boatloads on payroll tax and other tax payments. Whether you’re a solopreneur or head a fast-growing startup, […]
Balance sheet and income statements can reveal a lot about a company, particularly its assets, liabilities, stability, and solvency at a specific moment in time. It is a document for valuing a business worth and highly imperative for someone considering an investment opportunity. However, to make a solid conclusion, you must be able to read […]
Yes, S Corps deliver juicy tax perks—lower rates, no double taxation, and a shield from FICA on distributions. But here’s the catch: if you botch payroll, those savings vanish faster than a donut at a team meeting. The IRS watches S Corp payroll like a hawk, and one misstep (like underpaying your salary) can trigger […]