Category Archives: Business

Check your credit score

If you haven’t checked your credit report lately, this may be the time. Wrong or old information on your report can affect your credit score – and not in a good way. Your credit score helps lenders determine your credit-worthiness … Continue reading

Posted in Business, Business Owner, customer, Estate, Fraud, Penalty, Tax, tax advice, tax bill, Tax Fraud, Tax Return, taxes, Uncategorized | Tagged , , , , | Leave a comment

Tax-Deductible Expenses: Are You Recording All of Them?

2017 income tax preparation seems a long way off. Make it easier by tracking all the deductions you can take. You’ve heard it said before: Tax planning should be a year-round process. It’s so true. Your life will be a … Continue reading

Posted in Amended Tax Return, Business, Business Owner, deductions, Filing Taxes, IRS Articles, Operations, Tax, Tax Fraud, Tax Return, taxes, Uncategorized | Tagged , , , , , , , , , , | Leave a comment

Hired Your First Employee? Your Tax Obligations

It’s a major milestone for you, but it comes with a lot of paperwork that must be done correctly. Bringing a new employee into your business is reason to celebrate. You’ve done well enough as a sole proprietor that you … Continue reading

Posted in 1099, Business, Business Owner, Employee Benefits, employees, Human Resources, Payroll, tax advice, Uncategorized | Tagged , , , , , | Leave a comment

7 Best Practices for QuickBooks Online

Even if you’ve been using QuickBooks Online for a long time, it’s good to step back and evaluate your actions. “Best practices” aren’t enforceable rules. They’re simply guidelines businesses commonly follow in one area or another. If you’re in retail, … Continue reading

Posted in Business, business help, Business Owner, customer service, Debit and Credit Cards, Fraud, New Business, Operational Accounting, Operations, quickbooks, quickbooks help, QuickBooks Online, QuickBooks Tips, record keeping, sales, Uncategorized | Tagged , , , , , , , | Leave a comment

Five reasons to incorporate your business

Most new businesses start with no thought about legal structure. In the eyes of the IRS, the default structure is a “sole proprietor,” in which your business profits are taxed on your personal tax return. This can serve you well … Continue reading

Posted in Business, deductions, Financial Planning, New Business, Operational Accounting, save money, save on taxes, Tax, tax advice, Tax Return, Uncategorized | Tagged , , , , | Leave a comment

September 15 tax deadlines for business

September 15 is an important tax filing deadline for partnerships and corporations. It’s the filing deadline for 2016 tax returns for calendar-year S corporations that received an automatic extension of the March 15 filing deadline. It’s also the filing deadline … Continue reading

Posted in Business, Business Owner, Extension, Filing Taxes, New Business, Tax, tax advice, tax bill, tax planning, Tax Return, taxes, Uncategorized | Tagged , , , | Leave a comment

What Sales Orders Are and When to Use Them

They’re not as commonly used as invoices. But if you need them, they’re there. When you want to document sales that you can’t (or won’t) fulfill immediately, but you plan to do so in the future, you can’t create an … Continue reading

Posted in Business, Business Owner, customer, customer service, Inventory, New Business, Operational Accounting, Operations, quickbooks, quickbooks help, QuickBooks Online, QuickBooks Tips, record keeping, sales, stock, Supply, Uncategorized | Tagged , , , , , , , | Leave a comment