Business Accounting

Keeping your books in order is key to running a successful business. Learn how to do it right with tips on managing debt, tax obligations, and more.

What Is Fixed Cost?

Fixed costs are expenses you pay each month, regardless of your business's sales or production. Understanding your fixed costs can help you price…

· min read

Are you still using your personal bank account for your business?

It may seem like an unnecessary step, but separating your bank accounts can protect you in more ways than one.

· min read

10 Key Tax Deductions for Your Small Business

Own a small business? You may benefit from utilizing these 10 deductions to lower your taxable income. Key deductions include those for home office…

· min read

Self Employment Deductions You Might Be Missing

Self-employment comes with many benefits — and a high tax rate. Learn what you can do to maximize your profits by minimizing your taxes.

· min read

Filing Taxes for a Small Business With No Income: What You Should Know

Are there any benefits to filing taxes for a small business with no income? It depends. You should be aware of these specific tax situations.

· min read

Can a Small Business Get a Tax Refund?

Getting a tax refund is one of the silver linings of tax time. Can your small business get one?

· min read

What Is Accrual Accounting?

The accrual accounting method allows businesses to record financial transactions, matching revenues with expenses

· min read

How to Calculate Depreciation

Calculating depreciation allows you to spread the cost of an asset over several years. Here's how to calculate depreciation using some common methods.

· min read

What Is Cash Accounting?

Cash accounting is an accounting method that records payments as they are made and received. These are some of the benefits and drawbacks of the cash…

· min read

What Is Capital Expenditure?

Capital expenditure describes purchases that are classified as assets because of the long-term nature of their useful life. An important marker of…

· min read