Home

Product and service reviews are conducted independently by our editorial team, but we sometimes make money when you click on links. Learn more.

Accounting

A complete resource for all your accounting needs. Here you can find a range of basic to advanced accounting information, resources, and best practices.

Latest: Advice, Tips and Resources

Article
What Is the IRS Mileage Deduction?
By Andrew Martins | January 21, 2021

If your employees use a business car or travel around in their own vehicle for work, you need to know how to track and manage the mileage tax deduction.

Article
SBA Loan Default? 9 Ways to Turn Your Business Around
By Jason Milleisen | January 21, 2021

Here are nine suggestions to help you turn around your business if you're struggling with SBA loan default.

Article
How Double-Entry Accounting Works
By Max Freedman | January 20, 2021

Using double-entry accounting can provide a complete picture of your business's finance at any given moment.

Sponsored Advertisement
KeyBank Middle Market Business Sentiment Report
KeyBank Middle Market Business Sentiment Report
When it comes to the middle market, Key has a dedication like no other bank. Our commitment and focus allow us to deliver relevant, actionable, and tailored solutions for middle market companies. As part of this commitment, KeyBank conducts quarterly surveys with middle market executives. We ask them various questions about business and the world around them to uncover industry views, including how they feel about the state of the economy, security, future growth plans and more..
Article
Hitting the Books: A Guide to Retail Accounting
By Jill Bowers | January 14, 2021

Methods of calculating and tracking your inventory

Article
The Pros and Cons of Borrowing From Your 401(k) Plan
By John Riddle | January 13, 2021

You can borrow from your 401(k), but is it the best solution to your money problems?

Article
Is Your Small Business Achieving Profitable Growth?
By Emil Abedian | January 12, 2021

Here's how to understand if your business's growth is profitable.

Article
11 Accounting Tips All Small Businesses Should Know
By Rashan Dixon | January 12, 2021

Even if it isn't your forte, you still need to know the basics of accounting to ensure your business is being run right. Here are 11 accounting tips all small business owners should follow.

Article
9 Ways to Take the Pain out of Your Bookkeeping
By Micah Fraim | January 08, 2021

Your business's books don't have to be such an annoyance.

Article
10 Money-Saving Strategies for Small Businesses
By Vector Moranov | January 08, 2021

Knowing how to save money when running a small business is essential if you want to be profitable or expand. Simple choices such as using certain instruments, software apps or automated tasks can...

Article
What Government Loans Are Available to Entrepreneurs?
By Adam Uzialko | December 31, 2020

The SBA and USDA offer loans to assist entrepreneurs and business owners who need funding.

Article
The Top Accounting Challenges Small Businesses Face
By Alika Cooper | December 29, 2020

Small business owners face a number of challenges every day, and accounting is a big one.

Article
Sponsored Content
11 Tips Accountants Should Share With Their Clients
By Max Freedman | December 22, 2020

Every accountant should offer their clients these 11 tips.

Article
Sponsored Content
The Best Payroll Software for Accountants
By Max Freedman | December 22, 2020

These are the most important features accountants should look for in payroll software.

Article
What Is an Audited Financial Statement?
By Max Freedman | December 17, 2020

When you need a loan for your business, potential lenders may ask to see your audited financial statement. Learn what this is and why lenders want to see it before they approve your business loan.

Article
7 Accounting Mistakes That Cost Small Businesses Significant Growth
By Tucker Mathis | December 14, 2020

Failing to have a firm grasp on your business's financial status can significantly hamper your ability to grow. Here are seven accounting mistakes to avoid.

Article
How Small Businesses Can Budget for a Tumultuous 2021
By Donna Fuscaldo | December 10, 2020

Creating a business budget for the new year is challenging when it's not clear when the pandemic will end. Here's how to budget for an uncertain 2021.

Article
What's a Healthy Level of Business Debt?
By Matt D'Angelo | December 04, 2020

Financing can accelerate any business's growth, but it's vital to approach it properly.

Article
Why Small Business Owners Should Think About Taxes Year-Round
By Sean Peek | December 03, 2020

Tax season can be a very stressful time, but by folding tax planning into your business strategy, you can quickly and efficiently process your taxes.

Article
10 Reasons Your Restaurant Needs Modern POS Software
By Donna Fuscaldo | December 01, 2020

Learn how a new POS system can help your restaurant manage orders, inventory, staff and a host of other back-office tasks.

Article
Disaster Loans: How to Qualify for PPP and EIDL Forgiveness
By Mike Savage | November 06, 2020

More than 5 million businesses have received COVID relief funds. It's important to keep loan forgiveness in mind from the moment you receive your funds to avoid unforeseen costs.

Article
Time Is Running Out for SMB Owners Impacted by 2018-19 Natural Disasters to Claim Federal Income Tax Credits
By Jason Fry | October 29, 2020

Businesses in 19 states could be eligible for the Employee Retention Credit (ERC), which was designed to help businesses recover the cost of retaining employees during a natural disaster.

Article
How to Increase Your Small Business Market Share
By Joshua Stowers | October 28, 2020

Looking to increase your small business market share? Find out how to calculate and improve your share of the market.

Article
Which Business Credit Card Fees Are Tax-Deductible?
By Dock David Treece | October 14, 2020

Can you deduct that credit card fee? Find out which credit card fees are tax-deductible.

Article
Fixed and Variable Expenses: What Do These Terms Mean?
By Sammi Caramela | September 29, 2020

To create a proper budget, you'll want to consider both your fixed and variable expenses. Here are some examples of each.

Article
What Are Cash Flow Statements?
By Simone Johnson | September 23, 2020

Cash flow statements break down the financial status of your company to show the money flowing in and out.

Article
How Is a Cash Flow Statement Prepared?
By Simone Johnson | September 11, 2020

Cash flow statements help businesses keep track of their finances. Here's what you need to know.

Article
How to Hire the Right Accountant for Your Business
By Simone Johnson | September 10, 2020

Picking the right accountant is important for your business's financial future. Here's what you should check for when hiring an accountant.

Article
Everything You Need to Know About the Balance Sheet
By Donna Fuscaldo | September 03, 2020

The balance sheet is one of the three most important financial statements for business owners, and includes assets, liabilities and shareholder equity.