Accounting Articles

Accounting Tips, Training, and News

How Much Can a Small Business Make Before Paying Taxes?

Tax season can be hectic, especially if you’re a small business owner. If you hate filing business taxes, you may wonder, “How much can a small business make before paying taxes?” The answer is: It depends. Read on to learn how much a small business can earn before paying income taxes.

E-commerce Accounting: The Small Business Owner’s Guide

Brick-and-mortar stores are still thriving, but small businesses’ online footprints expand every year. In 2022, 98% of business owners had a company website, compared to 50% in 2018. And more than 60% had an e-commerce business, meaning they sold products or services online. If you’ve been thinking about an online business, you need to know […]

Receipts for Taxes and Your Business: What Do You Need to Hang Onto?

Tax season might be once a year, but preparing for tax season is a year-round process. To back up your tax deduction claims, you need to keep business receipts. But, what kind of receipts for taxes do you need? And which small business receipts can you pitch?

Business Tax Deadlines for 2023 to Put on Your Calendar (+ Charts)

It’s that time of year again when tax filing deadlines bear down on small businesses across the country. Don’t get caught off guard this year. Read on to learn all about the deadlines for taxes in 2023.

Business Use of Vehicle: Drive Your Way to Tax Savings

How often do you drive to meet a client or your accountant? Do you frequently make bank runs for your business? Depending on your business use of vehicle, you may qualify for a nice-sized tax deduction.

Startup Checklist: List of Things Needed to Start a Business

If you’re thinking about starting a business, you’ve probably seen the business startup checklists online and already know them like the back of your hand. Make a plan. Choose a business structure. Secure funding. Register your business name. But what about the tangible things you need to start a business, like a storefront or startup […]

4 Steps on How to Get Funding for Startup [+ Types of Funding]

Have an idea for a startup? Check. Think of a business name? Check. Have the funding you need to get started? Eh, not quite check. When creating a startup, you need to have a solid financial foundation to help your business succeed. And to do that, learn how to get funding for startup.

What to Do When Your Business Runs Out of Money (Besides Panic)

Cash flow problems happen—often. It’s why 82% of small businesses fail. But if you have issues with your cash flow, you’re not doomed to close up shop. Instead, it’s like coming to a fork in the road. Turn right to power through, or turn left to call it quits. To get out of the red, […]

Are You Tax Time Ready? Here Are 8 Tax Planning Strategies to Get Started

Tax season sneaks up fast. For many business owners (and individual tax filers!), it’s an overwhelming whirlwind. At the end of it, you may vow to prepare better for next year. And then … whoops! It’s next year already. Kick procrastination and stress to the curb with these tried-and-true tax planning strategies.

7 Business Tips for Beginners to Keep in Mind

Becoming a business owner is no easy task. It takes time, dedication, money, and more. Chances are, you’ll probably make a few mistakes along the way. But if you follow a few business tips for beginners, you can avoid making common startup mistakes and set yourself up for success.

Older posts

Newer Posts