5 Tips to Maximize Your Business's Success on Black Friday
Black Friday is one of the biggest shopping events of the year, and it presents a golden opportunity for businesses to boost their sales and attract new customers. To make the most of this hectic shopping day, consider implementing these five essential tips for your business:
From Tax Troubles to Victory Lane: The S Corp Switch
Alright, now pay attention – this is where the magic happens. With the S Corp magic wand waving over her, Sarah got to slash her tax bill in the most epic way:
How to file a 1099 for your contractor
As a business owner, you may have paid independent contractors for their services. In order to properly deduct those payments from your income on the tax return, you must file a 1099 for that contractor with the IRS and send your contractor a copy.
2022 Tax Season Dates
2022 Tax Season begins on January 23, 2023.
How to Set Up Payroll for Your Small Business.
So, it’s time to add a team member. This guide will walk you through everything you need to successfully set up payroll for your business. Here is a complete guide on how to successfully onboard your first employee.
What to do When Your Credit Score Falls Under 700 Points.
You’ve finally got your credit score above a 700 and each month it seems to fluctuate for one reason or another. Don’t worry. This is an issue many consumers have. This guide will give you a few tips on how to increase your credit score above 700 in a week.
The Pitfalls of Being a New Business Owner
Starting a new business is both exciting and challenging. You’re eager to start your journey but your worried to the mistakes that cause 1 in 5 businesses fail in the first year. The good thing is, you’re not alone in those feelings. While there is no fool proof plan in starting a business, there are certainly things that you can avoid, increasing the likelihood of your success. Here is a list of the most common mistakes that entrepreneurs make.
The Best Places to Promote Your Business Online
If you are not already marketing your business online, it is time to start doing so. Although there are a few exceptions, just about every business can benefit from online marketing. There are so many advantages to this type of marketing. First of all, marketing your business online is extremely affordable. Other advantages to marketing your business online include the ability to reach a large target audience,
Personal Finance Tips for Millennials
If you’re in your early 30s and struggling to learn how to manage your money, here is a list of things you can do to put yourself on the right path. Financial freedom isn’t a mystical fairy tale that is unattainable. Financial freedom is the result of sacrifice and proper planning.
Records The IRS say Small Businesses Should Keep
The IRS mandates that every small business has record retention processes in place in case your business practices ever need to be revisited or audited. Some standards are suggested and some are mandatory. Here is a list of records the IRS says you should keep.
How Small businesses can Save Money on Taxes
Did you know your business tax liability will be one of your biggest business expenses? It is important to make sure that you always know what your business tax liability is for the year and what your plan is to offset those expenses. This guide will give you 5 ways to lower your tax bill before the end of the year.
How to help your Tax Accountant
The point of hiring a tax professional or a bookkeeper is to save you time. If your bookkeeper has to come back and ask you a lot of questions because your books are a mess, you’re not really getting your full value. Here is a guide on how to help your bookkeeper help you.
What are Business Tax Deductions?
According to the Internal Revenue Service (IRS), business expenses are ordinary and necessary costs incurred to operate your business. Examples include inventory, payroll, and rent.
5 Inexpensive ways to drive sales to your business
This guide will walk through 5 different strategies that are proven when it comes to increasing sales.
3 ways to charge for your work
One of the hardest things to do is a business owner is to gauge how much to charge for your service. How do you value what you bring to the market? You spent a lot of time learning this trade, now it’s time to get paid properly for your work.
15 ways to make passive income in 2022
With inflation on the rise, it is important to make sure that you are cash positive and ready to jump onany opportunity that comes your way when it comes to making more money. This guide will give you 15
different passive business ideas that help you earn extra cash.
How to Avoid IRS Penalties
Business income and payroll tax will be one of your biggest business expenses as an owner. This guide
will show you what the most common IRS Penalties there are and how to avoid them.
How to Make Sure Your Small Business Doesn’t Fail
Here are the three most common reasons businesses fail in the US. Use this guide to take the necessary precautions and actions to ensure that your business is fit for survival.
What is Generational Wealth?
Generational wealth is money or assets that you accumulate and pass down to future generations. There are different ways to create and pass down generational wealth while you're alive, and you can also set up your estate to continue your legacy after you pass.
How to do Bookkeeping for Your Small Business
These are the best practices when keeping your finances organized as a small business owner.