Category: Accounting & taxes

There are many different income tax forms businesses and self-employed individuals must know. However, one of the more important ones is Schedule C, which is used by every…

There are many different types of workers from temporary, full-time, part-time, to freelancing/gig economy work. Yes, the gig economy (think…

Luckily, small business and self-employed people are entitled to many tax deductions and credits. These items allow them to lower…

A previous article on this site discussed depreciation and related topics. It went into detail about straight-line depreciation, MACRS depreciation,…

There are many ratios, formulas and financial statements that business owners should know. It can seem overwhelming, but it’s wise…

To be successful with any business, it’s imperative to have a good understanding of financials. Some businesses might seem like…

There are so many different forms that are integral to the US tax system. From Forms 1099, W-2 and W-4,…

Many people and businesses hope to get a substantial refund. Individuals see a tax refund as “forced savings” and this…

There are many types of taxes from federal, state, sales, property, and FICA taxes which gives the government many sources…