Tis’ the season to get gifts for friends, battle traffic to buy the perfect turkey, and travel miles to see loved ones. We are forgetting one very important thing though. There’s one more task that small business owners can’t forget – end-of-the-year tax...
One of the best parts of being self-employed is seeing the full glory of your efforts – known as your gross receipts – hit your bank account, sans tax. Even though Uncle Sam lets you slide up front, you must be diligent in preparing for tax season as a...
Whether large or small, all businesses rely on technical data to measure their performance. Financial ratios in particular can easily communicate if a business is struggling. Accountants similarly both calculate and analyze these financial ratios to advise clients on...
In the aftermath of the COVID-19 pandemic, small businesses can look to economic indicators to help guide their planning and decision making. Economic studies are indicating that with the health crisis beginning to subside in the United States, small businesses are...
The ranks of the self-employed are growing in the United States, as, experts agree, more and more people turn to creating their own businesses and freelancing. While it’s hard to know just how many workers can be counted as self-employed, a 2016 report from the...
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