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Accounting & Finance

man putting coin in piggy bank Read more
Accounting & Finance

What is Form 5498: IRA Contributions Information?

This article was last edited on 11/18/2019. For updated information on Form 5498, visit https://www.irs.gov/forms-pubs/about-form-5498. If anyone on your small business staff, like many Americans, uses an individual retirement arrangement…

  • November 28, 2018
How do I get paid when I accept credit cards? Read more
Accounting & Finance

How Do I Get Paid When I Accept Credit Cards?

A lot of people don’t carry cash anymore. You’d probably prefer it if people bought your products or services in cash because you’d be paid immediately. Many people shopping at…

  • October 31, 2018
Card Brand Fees vs. Interchange Fees Read more
Accounting & Finance

Card Brand Fees vs. Interchange Fees – What’s the Difference?

A lot of people don’t carry around cash anymore, so your small business will probably need to accept credit cards. So, you’ll face several different fees, including card brand fees,…

  • September 28, 2018
graphic of examples of direct and indirect expenses, top view of pens and bills illustration Read more
Accounting & Finance

What are Some Examples of Direct & Indirect Expenses?

You can trace direct expenses back to a specific product, service, customer, or project. Indirect expenses, on the other hand, cannot be tracked back to something specific. On the surface,…

  • August 27, 2018
small business owner drinking coffee and calculating how much to pay himself Read more
Accounting & Finance

As a Small Business Owner, How Can I Pay Myself?

As a small business owner, you have a few ways you can pay yourself. The options available to you mostly depends on your business’s entity type. Business Entity Ways to…

  • August 8, 2018
what kind of loan can i get for my small business? illustration Read more
Accounting & Finance

What Kind of Loan Can I Get for My Small Business?

When you’re starting a business, you need money, and sometimes you need a little help getting it. Maybe you ran into some unexpected expenses, you have to pay your manufacturer,…

  • July 23, 2018
11 common startup costs to be prepared for illustration Read more
Accounting & Finance

11 Common Startup Costs to Be Prepared For

You have a great idea and decided to start a business. Congratulations! You’ve taken the first step to becoming a small business owner. The path ahead of you won’t be…

  • July 6, 2018
7 tips for crafting a chargeback response illustration Read more
Accounting & Finance

7 Tips for Crafting a Chargeback Response

Usually during a chargeback, the credit card company will side with their cardholders – leaving you to foot the bill. It’s particularly painful if you didn’t do anything wrong and…

  • June 1, 2018
What is Petty Cash Read more
Accounting & Finance

What is Petty Cash?

Petty cash is a small amount of discretionary funds that your business uses to make change for customers or when it doesn’t make sense to write a check. It can…

  • April 27, 2018
are you ready for retirement? illustration Read more
Accounting & Finance

Are You Ready for Retirement?

When you’re an employee, you might not worry too much about how to save for retirement – you ask your employer to take some money out of each paycheck, then…

  • April 18, 2018
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  • Recent Posts

    • An Employer’s Guide to Form 1099-NECOctober 9, 2020
    • How to Switch Payroll Providers in 7 StepsSeptember 23, 2020
    • 5 Reasons to Use Time Tracking Software in Your Small BusinessSeptember 8, 2020
    • Form I-9 & Employment Eligibility FAQs for Small Business OwnersAugust 24, 2020
    • What Employers Need to Know About a Payroll Tax DeferralAugust 12, 2020
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