An Overview of Small Business Loans
Small businesses that experienced a reduction in business due to COVID-19 can get a boost from the availability of capital through the Paycheck Protection Program (PPP). This financing can help them pay their employees and other bills and reopen and grow their...
Basic Accounting Terms You Should Know
Many owners start their companies with the goal of becoming a "jack of all trades." However, as their businesses grow, they often don't have the time to learn how to be a successful business leader. They can improve their financial decisions by taking the time to...
How to Make Taxes Easy When Self-Employed: Part 2
Looking for more advice on how to make filing self-employment taxes easier? You’re in luck! The conversation continues here with more tips and tricks to help you stay organized throughout the year and make filing your taxes a breeze. Reconcile Financial Accounts...
How to Make Taxes Easy When Self-Employed: Part 1
When tax season arrives, the time has come for you to finish your bookkeeping. During tax season, most self-employed people feel like it’s the most stressful time of the year. This is because it involves preparing their taxes, which is not something they typically...
CPA Exam Study Tips
Around half of the people who take the CPA exam pass. However, if you follow these practice techniques and tips, you can improve your chances of passing the exam. Everyone who has taken the CPA exam knows that it's not easy. The multiple sections of the exam are...
Best Credit Cards for People Who Love to Travel
A travel credit card is the best way to enhance your trips by paying for everything from flights and hotel rooms to upgrades and lounge access. There are many perks and benefits associated with a travel credit card, but it can also come with strings attached. Some...
Cryptocurrency and Taxes: Non-Taxed Scenarios and Record Keeping
In the first part of this series, we explored different kinds of cryptocurrency transactions considered taxable by the IRS. While most transactions or exchanges involving cryptocurrency will be taxed, there are a few unique situations that are considered untaxable....
Cryptocurrency and Taxes: When Crypto Is Taxable
Due to the rise of digital currencies, such as bitcoin, the number of Americans who have invested in them has increased significantly. According to the White House, around 16% of adults have used or traded digital currencies. Some of the most popular platforms for...
Why Your Small Business Needs an Accountant
An accountant is responsible for performing various financial functions for a company or organization, such as recording financial data, analyzing financial statements, and preparing reports. A middle-sized company may hire an accountant to serve as its financial...
Tax Deductions for Homeowners
Tax Deductions for Homeowners If you are a homeowner and you're planning about buying a new home, then you probably want to know more about how tax deductions work. Whether your goal is to buy a new home, sell your current one, or make any other change in the property...