Today we’re going to talk about deducting personal versus business expenses. What are personal expenses versus business expenses? The first step is determining when you can deduct business expenses is to define what those are. What is a Business Expense? A...
Today we’re going to talk about how to determine your tax rate. A lot of pass-through entities and small businesses have all their activity reported on their personal income tax return. So you’ll want to take into account your personal taxes when determining...
Today we’re going to talk about bank services for small businesses. We’ll talk about some accounts that you typically would want to set up for banking services. And we’ll also talk about the necessity of the connection with the bank and how having...
Do you ever wonder what to do when clients refuse to pay? No business can operate if they aren’t getting paid. Michelle and Shawn cover all the reasons you may not be getting payments and what to do next with these 6 tips: Tip #1 Take a look at your payment...
What are good accounting programs for small businesses? This is a question that a lot of people come to us with. Small businesses will often start off using an Excel spreadsheet to record their business activity. But as businesses grow, so do the Excel files. The...
