In today's competitive market, pricing your services accurately can make or break your small business. Unfortunately, many small business owners...
Navigating the financial complexities of running a small business can be stressful. However, with the right guidance and strategic moves, it's...
Strategic cash flow management is vital for businesses aiming for long-term sustainability and growth. When it comes to divvying up profits,...
As a small business owner, managing finances effectively is not just about boosting revenue, but also about optimizing expenses. One key area that...
Understanding your financial statements is one of the most important skills you can develop to help your small business. If you're looking for...
Did you use to operate your business as a single-member LLC, but recently made a S Corporation election?
You probably never had an issue...
10 Proven Strategies to Lower Your Schedule C Taxes
Use a Section 105 plan to turn your health insurance costs into business expenses
If...
Did you receive an Economic Injury Disaster Loan (EIDL) loan for your business? If so, you may have missed some of the conditions and...
10 Ways to Slash S Corp. Taxes. Proven Strategies for Saving BIG Money.
Reduce S Corporation Owner's Wages
As the owner of an S corporation, you...
An employee performs work for you under your direct or indirect supervision, during hours that you specify and conditions you control. You also...
Entertainment expenses incurred to entertain a client, customer, or employee may be deductible if the expense meets two tests. First, the...
Items purchased that have over one year of useful life and are over $_____ in value are typically considered depreciable assets. This includes such...
