Small Business Tax and Accounting

/Small Business Tax and Accounting

Donating Professional Time to Charity

By | August 23rd, 2017|Categories: Small Business Tax and Accounting|Tags: , |

The bottom line with it is, you can’t deduct the value of your donated time.

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What is the Income Threshold for Going from Sole Proprietor to S-Corp?

By | August 9th, 2017|Categories: Small Business Tax and Accounting|Tags: , , |

I say it depends on your cash flow and whether or not you can afford to pay yourself a reasonable salary for the work you’re doing.

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Does My Business Need a Separate Bank Account?

By | August 3rd, 2017|Categories: Small Business Tax and Accounting|Tags: |

The headline to this post asks a common question. And the answer is, yes!

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How Does Business Bad Debt Work?

By | July 10th, 2017|Categories: Small Business Tax and Accounting|Tags: , , |

A common question small businesses have is how to record when a client or customer fails to pay an invoice. I’ll try to address some of the most common issues in this post.

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Alternatives to Hiring Employees

By | June 30th, 2017|Categories: Small Business Tax and Accounting|Tags: , , |

there are five steps to look at when a business owner is considering hiring employees.

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