So many of us entrepreneurs are eager to get to business and making money and we say “We’ll figure out the tax stuff, later”. Doing things the right way, it’s possible to find out that taking in as much as $100k can lead to a $10 – $15 k for someone else to clean up [...]
With the April 15 tax filing seeming far away, now is the time for business owners to get a jump on tax preparation and begin organizing receipts. Whether you are an independent contractor or a growing small business, giving yourself ample time to prepare your tax return can help curtail errors and provide you more [...]
Every Business Owner wants to know what the bottom line is. That all-important number is, of course, kept on the income statement. Though the income statement is simple enough on the surface, there’s a lot more going on than just revenue less expenses equaling net income. And all income statements are not created equally. Knowing how [...]
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