Designing a business plan lets you make informed judgments on daily decisions. It will serve as your guidepost since you can benchmark the results with your targets which, in turn, give you insight into the company’s financial health. For instance, small business owners will likely file their taxes themselves due to the sometimes-misguided idea that […]
Tips and Tricks
March 31st Bookkeeping Crossword Puzzle KEY
Here’s the key to our social media-published crossword puzzle for American Crossword Puzzle Day on March 31st, 20223. How well did you do? 1 Down: Finance2 Down: Balance Sheet4 Down: Taxes5 Down: Ledger 3 Across: Accountant6 Across: Bookkeeper7 Across: Money8 Across: Savings9 Across: Reconciliation10 Across: Banker
What is an LLC, and When Should You Set Up One for Your Business?
You may have heard the term before, but you were not sure what it was or if it is something you needed to explore for your business. This short article will address the who, what, when, and why of LLCs. A Limited Liability Company (or LLC) is an organizational structure that clearly separates the owners’ […]
S-Corp Filing Is Due But What Do You Know About S-Corps?
Tax filing due dates vary depending on how you’re structured as a business or company. For S-Corp businesses, March 15th is the magic filing date. But, what is an S Corp tax structure and how do you know if you should form one? What are the benefits or drawbacks of an S Corp tax structure? […]
Be Financially Fit — Annually Check Your Credit Score Report
Get closer to reaching your financial freedom. As a card holder and user, make a habit of checking your credit score report. Set an annual alarm to remind yourself of this essential financial obligation. Earning money takes effort. Protect finances just by monitoring your credit score report. Know the reasons why it is essential and […]