As an entrepreneur if you work from home you get a break on your taxes. The IRS offers two ways to claim the home office
Bookkeeping is the process of keeping track of every financial transaction made by a business. Accounting analyzes and reports financial information for the business. Both
Unfortunately, most business owners give me that look like deer in headlights when I first discuss financial statements because they have no what is detailed
Mid-Year Check In A year is a long time. Things change, probably multiple times. To avoid stress, anxiety, and a general feeling of overwhelm, I
While the balance sheet is a snapshot of your business’s financials at a point in time, the profit and loss statement shows you how profitable
Let’s keep this short and sweet. As a business owner you have a responsibility to maintain books and records for your business. The guidance from
A balance sheet is a snapshot of your business finances as it currently stands. It illustrates the assets you own, and liabilities (i.e., debts) you owe, at
Time For Taxes Filing income tax occurs once per year but tax planning is a year-round exercise. Here’s some simple tips: Keep your business and