The IRS may look for detailed calendars of meetings, receipt documentation and notes about what was discussed, who was there ...

While credit cards can certainly help fill short-term gaps, relying too heavily on them without a long-term financial ...

I've been covering small-business accounting software since 2021 and am QuickBooks certified. I did the testing for FreshBooks. To do that, I tested out FreshBooks' free trial and evaluated key ...

QUESTION: I’m in full-time employment but I’m thinking of starting a side hustle to earn some extra money. What are the tax ...

Donegal Group is pruning personal lines business due to low profitability while expanding commercial lines business. Click to ...

Gateway Commercial Finance reports that cash flow management is vital for small businesses, as profitability doesn’t ...

Gateway Commercial Finance reports on the importance of financial stress testing for small businesses to prepare for economic ...

The interest you pay on a business loan is tax-deductible if you meet specific criteria defined by the IRS. Here's what you need to know about these criteria.

Old ways like paper or spreadsheets aren’t good enough anymore for tracking expenses. Why Business Expense Tracking Is Crucial In 2025 Navigating Rising Operational Costs. Let’s face it, running a ...

Explore 80 top small business ideas, from home-based to creative and profitable ventures, find the perfect idea to match your skills & goals. ... Implement an accounting system to manage your books, ...

With tax season officially in the rearview mirror, it’s the prime time for small business owners to step back and re-evaluate their expenses. Before tossing those receipts, now is a good opportunity ...

Expense accounts are temporary accounts, which get closed out at the end of reporting periods to create the income statement and adjust retained earnings on the balance sheet.