Accounting & Finance

If your employees, like many Americans, use an individual retirement arrangement, or IRA, to save for retirement, they should receive tax form 5498: IRA Contributions Information each year. By May…

Point-of-sale (usually referred to as POS) is the place where your customers pay you for products and services. It’s the combination of software and hardware necessary to complete a transaction.…

You’ve decided your small business must accept credit cards. Most people don’t pay with cash or checks anymore. You’d prefer to be paid in cash because you’d be paid immediately.…

A pay period is a specific and recurring length of time where you record how many hours your employees worked and pay them for that time worked. You might also hear…

If your small business accepts credit cards, you have to deal with a lot of different fees – card brand fees, interchange fees, chargeback fees, and more. It can be certainly…

Do any of your employees travel for work? If they do (or might in the near future), keep reading. Today, we’re going to talk a little bit about your travel…

In case you forgot, direct expenses can be tracked back to a specific product, service, customer, or project. Indirect expenses, on the other hand, cannot be tracked back to a…

You do a whole lot every single day trying to grow your small business, support your family, and take care of your employees. Sometimes, you’re so busy taking care of…

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,…

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…