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Everything you need to know about how your business can achieve financial success.

Latest: Advice, Tips and Resources in Finance

Article
How a Bridge Loan Can Hold Your Business Over
By Dock David Treece | January 23, 2023

This guide explains how bridge loans work and how businesses can use them to purchase assets or complete projects.

Article
How to Use a No-Interest Credit Card to Fund Your Business
By Donna Fuscaldo | January 23, 2023

Here's everything you need to know about using a 0% APR business credit card for your small business.

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Why Term Loans Are a Favorite Among Small Businesses
By Donna Fuscaldo | January 23, 2023

Term loans come in many flavors. Here's everything you need to know about this type of small business loans.

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How SEP IRAs Work
By Max Freedman | January 23, 2023

Simplified Employee Pension (SEP) individual retirement accounts (IRA) offer benefits to both self-employed people and small employers.

Article
The Ins and Outs of Farm Equipment Loans
By Donna Fuscaldo | January 23, 2023

Farm equipment is costly, and for many in the agriculture industry, it's imperative to find affordable financing. Read our guide on farm equipment loans.

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Guide to Employee Bonuses
By David Gargaro | January 23, 2023

This guide explains employee bonuses, regulations, tax considerations, and various bonus structures company owners and managers should consider.

person opening a paycheck
Article
What Is a Discretionary Bonus?
By David Gargaro | January 23, 2023

Learn about discretionary bonuses and their regulatory and tax implications, as well as the bonus structures that best avoid triggering additional taxes.

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What Is SUTA Tax? How Do You Calculate It?
By David Gargaro | January 23, 2023

All businesses are responsible for paying unemployment insurance taxes. Here is how to calculate what your business owes.

Article
What Are Solo 401(k)s?
By Max Freedman | January 23, 2023

Solo 401(k)s offer those who are self-employed a great way to save money for retirement. Here is how they work.

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Employee Payroll Social Security Tax
By David Gargaro | January 23, 2023

All employers must withhold Social Security tax from their employees' paychecks. Here is how to calculate what is owed.

Article
K-1s and How They Are Used
By Max Freedman | January 23, 2023

The IRS requires partnerships to use Schedule K-1 tax forms to distinguish between business income from the owners' personal income.

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How to Reconcile a Business Bank Account
By Dock David Treece | January 23, 2023

This guide explains how to reconcile a business bank account and why it is important for a small business's cash flow and financial recordkeeping.

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How to File Employee Payroll Taxes
By David Gargaro | January 23, 2023

This guide to filing payroll taxes can help any business with employees better manage their payroll and meet their tax obligations.

Article
What Is Retro Pay?
By Sean Peek | January 23, 2023

If you underpay an employee during a pay period, you owe them retro pay for the following paycheck. Find out what retro pay is and how to calculate it.

Happy coworkers
Article
How to Save Thousands of Dollars With the Employee Retention Credit
By Donna Fuscaldo | January 23, 2023

Here's how to get money through the Employee Retention Credit.

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What Are Assets in Accounting?
By Sean Peek | January 23, 2023

An asset in accounting is any company-controlled resource that generates an economic benefit for the owner.

Article
How to Budget for Hourly Employees Annually
By Julie Thompson | January 23, 2023

This guide explains how to budget for hourly workers when running payroll and why it benefits small businesses to do so.

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How to Calculate Blended Overtime Pay
By Max Freedman | January 23, 2023

When a multi-wage employee works overtime, on which of their wage rates do you base their overtime rates? Blended overtime pay answers this question.

Article
Using Form 941 to Pay Quarterly Payroll Taxes
By David Gargaro | January 23, 2023

This guide explains Form 941, which employers need to fill out for tax withholdings from employee paychecks during payroll.

Article
1099-MISC vs. 1099-NEC
By Julie Thompson | January 23, 2023

This guide explains the differences between tax forms 1099-MISC and 1099-NEC, which affect independent contractors and freelancers.

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How to Calculate Night Shift Differential Pay
By Max Freedman | January 23, 2023

Night shift differential pay makes it easy to find and motivate daytime employees to work nighttime shifts. Here's how to calculate it.

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How to Create Payroll Journal Entries
By Max Freedman | January 23, 2023

Here's how to perfect your payroll journal entries to avoid facing IRS fines.

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How to Create a Payroll Audit
By Max Freedman | January 23, 2023

Payrolls audits can be beneficial to your business. Learn how to conduct one.

Article
Financial Accounting
By Dock David Treece | January 23, 2023

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

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Revenue vs. Income: What’s the Difference?
By Dock David Treece | January 23, 2023

Learn how the relationship between revenue and income affects your business and its value.

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What Are Retained Earnings?
By Dock David Treece | January 23, 2023

Retained earnings are a critical part of running and growing your business. Learn how retained earnings work and how to calculate them.

Article
How to Create and Send Invoices With PayPal
By Donna Fuscaldo | January 23, 2023

Want to send a professional invoice via PayPal? Follow this guide to learn how.

Article
What Is a Profit and Loss Statement?
By Jamie Johnson | January 23, 2023

A profit and loss statement (P&L) details a company's revenue and expenses. Learn how to create and read a P&L to grasp your business's health.

Article
PayPal vs. Square
By Jennifer Dublino | January 23, 2023

PayPal and Square are two top credit card processors. Find out which is right for your business.

Article
How to Choose the Right Accounting Software for Your Business
By Jamie Johnson | January 23, 2023

Accounting software helps you stay on top of taxes, manage critical financial data, and pay employees. Here's how to choose the right accounting software.