The Easiest Year-End Closeout Ever
If you file taxes (and I sure hope you do) for your business, this workbook will walk you through preparing your year-end reports.
Reading Your Balance Sheet and Income Statement
We get it. Sitting down on a Friday afternoon and staring at a bunch of numbers that just end up merging together isn’t a really great time. The problem is, if you’re wanting to scale & grow your business, you have to understand what all those numbers and accounting phrases mean.
Finances are the most important thing to a growing business and while there are a lot of financial statements that are important today we’re going to focus on two. The balance sheet & the profit and loss/income statement. You can get a ton of info from these two statements so let’s get into it!
Reasonable Compensation: What, Why, & How?
Thinking about becoming an S Corp? Already an S Corp and wondering if you're in compliance with the IRS? Reasonable compensation is one of the biggest areas for audit. This ebook will help you understand why reasonable comp is so important and how we figure out the right salary for you.
How to Pay Yourself as a Business Owner Based on Your Business Entity
Are you a business owner struggling to decide how much to pay yourself? Do you feel overwhelmed by the idea of navigating the complexities of multiple business entities? If so, you’re not alone!
1099: Year End With Your Contractors
Gathering all the necessary data, generating the forms, and filing them with the government can be very time consuming.
How to Set Up a Home-Based Business
“I have this awesome idea for an at-home side hustle but have no idea where to start!”
Trust me – you’re not the only one!
Your Guide to Optimizing the Travel Deduction
While work trips are not the sort of - cocktail in hand on the beach - trip we wanted, there are plenty of positives to come out of traveling for work. Like those tax deductions!
5 Bookkeeping Mistakes Messing Up Your Revenue
One of the greatest benefits of updated books is being able to see how much you are bringing in. Unfortunately, one of these mistakes may be affecting your ability to accurately report revenue.
Monthly Bookkeeping Checklist
One sign of a successful business is successful processes. When establishing your bookkeeping processes consider reviewing this checklist every month.