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.
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What Are Retained Earnings? How to Calculate Them
Retained earnings are the profits that remain in your business after all expenses have been paid and all distributions have been paid out to shareholders.
· 3 min read
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Business Financing Tips for Hispanic Small Business Owners
Do you have a great idea for a new business but aren't sure what to do to get it off the ground, or are you ready to take it to the next level and you're looking for ways to do so? When it comes to financing options, it's easier than you think.
· 4 min read
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Should I Have a PayPal Business Account?
The ability to take online and mobile payments is rapidly becoming an important part of running your business.
· 4 min read
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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.
· 13 min read
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How to File Business Tax Extensions
The IRS will give you an additional six months to file your tax return—all you need to do is request an extension.
· 4 min read
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Tax Attorney or CPA: Which Does Your Business Need?
Tax professionals help with tax planning and advising clients in complicated tax situations, but there are some key differences. Here's how you can effectively protect your business by selecting the correct tax professional for the job.
· 3 min read
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How to Organize Business Expenses: 7 Important Steps
Wondering how to organize your small business expenses? These categories can help you budget and analyze your performance as well as make tax time easier.
· 7 min read
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Should I Publish an Annual Report?
Annual reports are not only beneficial to large, publicly traded corporations. Armed with an understanding of what an annual report can accomplish, small businesses stand to gain similar benefits by publishing annual reports of their own.
· 3 min read
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Gross vs. Net Income: What Is the Difference?
Are you a new small business owner looking to understand your tax return a little more? How are gross and net income related? Here are the definitions of various types of income and how they related to your small business' taxes.
· 4 min read
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Do I Need a Profit and Loss Statement if I'm Self-Employed?
Are you a self-employed individual who's not that concerned about financial statements? There is one financial statement you'll definitely need for federal and state tax purposes: the profit and loss statement the IRS requires from sole proprietors.
· 3 min read
