Business Accounting

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

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

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

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

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.

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

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

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

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…

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