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Learn how to tackle taxes more effectively and get bigger deductions by folding tax plans into your overall business strategy.
Profit and net income are found on your company's income statement. Learn the difference between these financial terms and what they mean for your company.
Want to improve cash flow or look good in the eyes of the bank or investors? Here's how to strengthen your balance sheet.
Night shift differential pay makes it easy to find and motivate daytime employees to work nighttime shifts. Here's how to calculate it.
Getting behind on your taxes can result in penalties, including liens and levies on your business. Here's what to do if you're past due.
Overhead costs are your expenses that are tied to things other than the production of your goods or services. Here is how to calculate it.
Here are 12 tips to manage finances effectively.
Tax deductions are critical for self-employed entrepreneurs. Here's how to offset your tax bill with benefits and deductions.
With new tax laws taking effect, follow these best practices to ensure your business is well positioned come tax time.
Here are some tips for loan officers and borrowers to craft a credit explanation letter that gives a mortgage loan the best chance of approval.
This guide explains the differences between tax forms 1099-MISC and 1099-NEC, which affect independent contractors and freelancers.
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.
This guide explains how to budget for hourly workers when running payroll and why it benefits small businesses to do so.
This guide explains Form 941, which employers need to fill out for tax withholdings from employee paychecks during payroll.
Take these steps to ensure your small business's survival in a recession or economic crisis.
If interest rates rise, small business owners should prepare. Here's how.
Running payroll accurately is important for every business, but it is easy for mistakes to occur. Check for these 11 common payroll discrepancies.
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.
Payroll liabilities are payroll-related fees your company owes. Learn payroll liability types, how they differ from payroll expenses, and how to pay them.
As a small business owner, do you know enough about different payroll forms? Click to read about payroll deduction forms, certified payroll forms and more.
Understanding payroll taxes and deductions is critical for business owners. Learn how payroll taxes work and how to calculate payroll taxes.
Startups are short on cash but long on equity, so they often offer it as compensation. Here's why that could be a good or bad thing and what to negotiate.
Learn who should consider debt consolidation and what you need to know before deciding whether business debt consolidation is right for you.
POS systems do more than capture sales at the point of sale. They can run detailed reports on everything from inventory to sales, giving you deeper insight
This guide to filing payroll taxes can help any business with employees better manage their payroll and meet their tax obligations.
Learn how to run payroll for your small business's employees.
Solo 401(k)s offer those who are self-employed a great way to save money for retirement. Here is how they work.
When a client doesn't pay you for a construction project, what do you do? Read about your options in our guide.
An asset in accounting is any company-controlled resource that generates an economic benefit for the owner.
Payroll reports list pay rates, hours, overtime, vacation, withholdings and more. Here's what your business needs to know about payroll reporting.