Incorporation: Should you do it?
Incorporating your business could potentially lower your taxes depending on your particular situation. Once your business starts generating a substantial amount of income, incorporating can save you money. Read on to find out if this is the right option for your business.
Reconcile your bank accounts
Bank reconciliation is part of life as a small business owner. It keeps your bookkeeping accurate and can help lower your tax, alert you to fraud, and allow you to track costs. So how do you do it?
What do bookkeepers do?
What does a good bookkeeper do? Good question. Here we break down the role of a bookkeeper and why it is important for your business to have one.
Employee or Contractor
Whether hiring your first employee or hundredth, it is important for you as a business owner to know what constitutes an employee or contractor. In this guide, we help you understand how to decide a worker’s employment status.
Small Business Deductions
While understanding which small business tax deductions you can claim can significantly reduce the amount of taxes your business pays, identifying these expenses can be confusing and complicated.
Bookkeeping Catch-Up
Staying up to date on your business’ bookkeeping can feel like an uphill battle; especially while trying to focus on making your business a success. Unkempt books can take a toll on your financial and mental health.