Finance

Bookkeeping isn't the most compelling aspect of running your business, and 2020 might have put you further behind. Here's how to make good accounting habits and stay on top of your finances this year.

The statement of shareholder equity tells you the value of a business after investors and stockholders are paid out.

To accurately pay your employees each pay period, you need to understand what to deduct from their paychecks.

These practices will help you quickly and successfully find the best loan for your small business.

Here's a rundown of the loan programs and lenders for veteran-owned businesses.

Understanding the difference between a secured credit card and an unsecured credit card is the first step in choosing the right one for your business.

In-house bookkeepers, freelancers and outsourced partners all have pros and cons. The best choice depends on the level of service your business requires.

Learn about the SBA's offer in compromise process, including who is eligible and important do's and don'ts for handling SBA default.

Improving your balance sheet can optimize your cash flow, paint a clearer picture of your finances and reveal whether you can take on debt or investors.

Learn the important facts that every borrower and personal guarantor needs to understand if they hope to succeed with an SBA offer in compromise following an SBA loan default.

Getting audited by the IRS can be a stressful and, ultimately, costly event. To help avoid that scenario, we've collected 19 tips to avoid being targeted by the IRS.

If your business received money through the Paycheck Protection Program, your tax situation for 2020 will be different from previous years.

Millions of small businesses in the U.S. operate as pass-through entities.

With his experience and passion, Agapito "Aga" Morgan is uniquely poised to lead KeyBank's Commercial Banking Healthcare Team and serve as the co-chair of its Diversity, Equity and Inclusion Council.

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.

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

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

What should a small business do when facing a recession? Here are some practical ways to recession-proof your business.

Small business owners are pessimistic about the coming months, but there are reasons to be optimistic over the longer term.

Are you paying too much for credit card processing? Find out how you can reduce the amount you pay for transactions.

These money-saving tips will help your small business run efficiently and profitably.

The Paycheck Protection Program is open for a new round of funding. See if you qualify, how to apply for forgiveness, and what you can use the loan to cover.

Don't want to take on debt or give up control of your new business? Here's how to bootstrap your enterprise instead.

While the holiday season is a lucrative time for merchants, the inevitable holiday hangover of chargebacks is less welcome. Here's how to ease the process and increase how much you recoup.